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Key regions: Germany, United States, India, Japan, United Kingdom
The Cinema Advertising market in BRICS has been experiencing significant growth in recent years, driven by changing customer preferences and local special circumstances.
Customer preferences: One of the key factors driving the growth of the Cinema Advertising market in BRICS is the changing preferences of customers. With the rise of digital technology and the increasing popularity of streaming services, traditional television advertising has become less effective. Customers are now seeking more immersive and engaging advertising experiences, and cinema advertising provides just that. The big screen, surround sound, and captivating visuals create a unique environment for advertisers to connect with their target audience. Additionally, cinema advertising allows for a captive audience, as moviegoers are less likely to skip or ignore advertisements compared to other forms of media.
Trends in the market: Each country within the BRICS group has its own unique trends in the Cinema Advertising market. In Brazil, for example, the market has been growing steadily due to the country's large population and strong cinema culture. Indian cinema advertising, on the other hand, has seen a surge in recent years, driven by the growth of multiplexes and the increasing popularity of Bollywood films. In China, the world's second-largest cinema market, the rise of middle-class consumers and the expansion of cinema chains have contributed to the growth of cinema advertising. Russia, with its love for cinema and high attendance rates, has also witnessed an increase in cinema advertising. South Africa, although a smaller market compared to the other BRICS countries, has seen growth in cinema advertising due to its diverse population and the appeal of the big screen experience.
Local special circumstances: In addition to customer preferences, there are local special circumstances that have contributed to the growth of the Cinema Advertising market in BRICS. For example, in Brazil, the government has implemented policies to support the local film industry, which has led to increased production and distribution of films. This has created more opportunities for advertisers to reach a larger audience through cinema advertising. In India, the popularity of Bollywood films and the strong influence of cinema in society have made cinema advertising a highly effective marketing tool. In China, the government's support for the development of the domestic film industry has led to the construction of more cinemas and the expansion of cinema chains, providing a larger platform for cinema advertising.
Underlying macroeconomic factors: The growth of the Cinema Advertising market in BRICS is also influenced by underlying macroeconomic factors. The BRICS countries have experienced rapid economic growth in recent years, leading to an increase in disposable income and consumer spending. This has resulted in a larger audience for cinema advertising, as more people are able to afford movie tickets and entertainment experiences. Additionally, the BRICS countries have a young and growing population, which is a key demographic for advertisers. The combination of economic growth and a young population has created a favorable environment for the development of the Cinema Advertising market in BRICS. In conclusion, the Cinema Advertising market in BRICS is experiencing growth due to changing customer preferences, local special circumstances, and underlying macroeconomic factors. As customers seek more immersive and engaging advertising experiences, cinema advertising provides a unique platform to connect with the target audience. The specific trends and circumstances vary across the BRICS countries, but the overall growth of the market is driven by the increasing popularity of cinema as a medium for advertising.
Data coverage:
The data encompasses B2B enterprises. Figures are based on the Cinema Advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers advertising both on and off screen in cinemas, including ads shown before a movie and those displayed inside a cinema.Modeling approach / market size:
Market size is determined by a combined top-down and bottom-up approach. We use annual financial reports of the market-leading companies and industry associations, third-party reports, and survey results from our primary research (e.g., Consumer Insights) to analyze the markets.as well as performance factors (e.g., user penetration, price per product, usage) to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as various macroeconomic indicators, historical developments, current trends, reported performance indicators of key market players as well as performance factors (e.g., user penetration and usage) to analyze the markets.Forecasts:
We apply a variety of forecasting techniques, depending on the behavior of the relevant market. For instance, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP per capita, consumer spending per capita, and 4G coverage.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Consumer Insights data is reweighted for representativeness.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)