The motion pictures and performing arts tourism output in the US stood at 19.74 billion USD in 2023. This sector is forecasted to grow steadily from 19.94 billion USD in 2024 to 20.74 billion USD by 2028. The yearly growth rates range from approximately 1.05% to 0.97% over the five-year period. When considering the overall trend from 2024 to 2028, the compound annual growth rate (CAGR) is roughly 1.01% annually.
Future trends to watch for include technological advancements in VR and AR enhancing viewer experiences, increased international tourism driven by US film and arts festivals, and potential shifts in consumer behavior towards more digital and immersive forms of entertainment. Policy changes and economic factors could also impact the sector’s growth trajectory.
