The gross value added in the US motion picture, video, and TV programme production is projected to grow steadily from $92.21 billion in 2024 to $100.27 billion in 2028. Between 2024 and 2028, the forecast indicates a year-on-year increase of approximately 2.21% to 2.10%, with a five-year compound annual growth rate of around 2.12% from the previous rate. In 2023, the industry stood at $90 billion, illustrating a robust upward trend.
Future trends to watch for include the continued impact of digital streaming platforms, shifts in consumer viewing habits, adoption of new production technologies, and increased global competition in content quality and variety. These factors may influence investment and innovation in the industry.
