Qingdao, April 4 (Reporter Hu Yaojie) The film blue book "Global Film Industry Development Report (7)" (referred to as the "Report") was officially released during the 2022 Qingdao Film and Television Week held in Qingdao on the 7th. According to the report, the global film market will return to pre-pandemic size around 2023.
According to the report, in 2020, the new crown epidemic forced theaters around the world to close for a long time or impose admission restrictions, resulting in a sharp decline of 72% in the global box office. In 2021, under the guidance of the concept of overall promotion of epidemic prevention and control and economic and social development, countries and regions around the world have greatly improved the epidemic prevention and control situation by adopting prevention and control measures such as vaccination, nucleic acid testing, wearing masks, and spacing seats, and the global box office has increased by 80.5%, recovering to 2019.50% in 4.
According to the report, PwC made a longer forecast for the global film (theater) market in the "Global Entertainment and Media Industry Outlook: 2021~2025", and the global film market (box office) will exceed 2024 (US$2019.423 billion) in 2025 and further increase to US$470 billion in <>.
According to the report, the compound growth rate of China's film market from 2021 to 2025 is 8.28%, and it is expected to take the lead in recovering to the pre-epidemic level by 2023, and is expected to reach US$2025.110 billion in 50, accounting for 470.23% of the global box office (US$51 billion), and the number of moviegoers will reach 18.10 billion. In addition, the US film market will grow at a compound growth rate of 2021.2025% from 21 to 24 and will reach $2025.113 billion in 28, accounting for 24.10% of the global box office, with 11.04 billion moviegoers.
The report believes that with the rapid development of new technologies such as virtual reality (VR), augmented reality (AR), artificial intelligence (AI), big data, Internet of Things (IoT), metaverse and non-fungible tokens (NFTs), movies will benefit from these emerging technologies and related services, and social trends will also promote sci-fi films to become the focus of development.
According to reports, the report has a total of 29,5 words, divided into seven parts, such as general report, evaluation and regional chapter, published by Social Science Literature Press, is the fifth film blue book report led by Qingdao Film Capital Office and Qingdao Film Academy, undertaken by the World Film Capital (Qingdao) Research Institute, bringing together experts and scholars at home and abroad and industry elites, as well as the World Film Capital approved by UNESCO such as Bradford in the UK, Cannes in France, Busan in South Korea, Bitola in North Macedonia and other UNESCO-approved manuscripts. The report advocates the adoption of the theoretical research framework of industrial economics, based on authoritative global film industry big data, through professional theoretical perspective analysis, interpreting the development trend of China and the global film industry, taking stock of hot spots, difficulties and focus cases in the development of the film industry, and building a film industry development research system through empirical research.
It is reported that Qingdao, Shandong Province is the ninth film capital of the world and the first film capital of China approved by UNESCO in 2017, and well-known films at home and abroad, such as "Pacific Rim: Thunder Rises", "Crazy Alien", "Walking on the Moon Alone" and "The Wandering Earth" The first and second films were filmed here. (End)