21 Movie Statistics That You Need to Know in 2024

movie industry statistics

Have you ever thought of how big the movie industry is? Or who is the highest paid actor in the world?

While companies like Netflix or Amazon Prime Video are increasing competitiveness around the film industry, consumers are happy.

We all love to lay down after a long day and spend the rest of the night watching our favorite movie.

Movies not only helps to spend our free time but are also very important for lots of businesses.

In this article, you’ll learn 21 movie industry statistics and facts you need to know in 2023. From highest-grossing movie to future industry growth predictions on the global economy, we’ve got you covered.

General Movie Industry Statistics

1. The global Movies & Entertainment market size was around 94.45 billion in 2022, reflecting the enduring popularity of cinema and entertainment across the globe. (Zion Market Research) This growth is driven not only by blockbuster movies but also by the expanding reach of streaming platforms and the evolving dynamics of the entertainment industry.

movies and entertainment market size

2. It is expected to reach $169.62 billion by 2030.

Projections indicate that by 2030, the Movies & Entertainment market is set to soar to a staggering $169.62 billion. This substantial growth is fueled by various factors, including the continued expansion of streaming services, emerging international markets, and the development of innovative technologies that enhance the cinematic experience.

3. Avatar (2009) is the highest-grossing worldwide movie of all time.

With a worldwide gross of $2,923,706,026, it holds the title of the highest-grossing movie of all time.

In second place is ‘Avengers: Endgame’ ($2,797,501,328), while third place is held by ‘Avatar: The Way of Water’ ($2,320,250,281). (Box Office Mojo)

avatar as the highest grossing movie

4. Between 2000 and 2023, an average of 583 movies were released each year in the U.S. and Canada. The highest number of movies, 873, were released in 2018, while the lowest, 334, were released in 2020. (Statista)

number of movies released annually

 If you think that’s a lot, compare it to 1,500-2,000 movies released in India each year.

5. Bollywood, India’s movie industry is making more films than both the U.S. and China. In 2012, Bollywood sold 2.6 billion cinema seats, compared to Hollywood’s 1.36 billion tickets.

6. The top 10 movie industries in the world are:

  1. Hollywood ($11.1 billion)
  2. Cinema of China ($9.15 billion)
  3. Bollywood ($2.26 billion)
  4. Cinema of Japan (Nihon Eiga) ($2.39 billion)
  5. United Kingdom ($1.7 billion)
  6. South Korean Cinema ($1.6 billion)
  7. France ($1.5 billion)
  8. Germany ($1.1 billion)
  9. Russia ($1 billion)
  10. Australia ($0.95 billion)

7. 14.6% of film directors were female in 2022, and the number is increasing. (Statista)

8. The most Oscars won by a single movie is 11. There are 3 movies that achieved this honorable result:

  • Ben Hur (1959) – 12 nominations.
  • Titanic (1997) – 14 nominations.
  • The Lord Of The Rings: The Return Of The King (2003) – 11 nominations.

9. An average film released in cinemas employed a crew of 276 people. This includes pre-production, shooting, and post-production. Interestingly, the number of crew members working on average movies has increased by 51% since 2000.

average film crew size

10. January and February are called dump months – periods when audiences are usually the busiest, keeping themselves away from the theaters. As a result, studios will spend this time “dumping” the movies that have been deemed lesser. The second dump month period is August and September.

11. In 2019, the movie industry market size in the United States was $11.4 billion. However, in 2020, the global virus pandemic had a massive impact on the industry, making it go down by 80.7% from $11.4 billion to $2.2 billion. However, the movie industry is recovering quickly.

12. The most popular movie genre is Adventure.

The second most popular genre is Action, while the third most popular is Drama, based on total box office revenue between 1995 and 2023. These genre films tend to be mostly loved by viewers of all ages. (Statista)

Cinema Theatre Statistics: Consumers, Ticket Sales & Attendance

13. There were 1.3 billion movie tickets sold in the U.S. and Canada in 2018. However, we can see from the chart that movie ticket sales each year are dropping. Movie theaters have growing competition from video streaming services since many people prefer watching new movie releases at home.

Movie ticket sales at the North American box office since 2001

number of movie tickets sold in america and canada
Source: Statista

14. AMC Theatres have a total of 8043 screens making it the leading cinema circuit in the United States and Canada. In 2019, the total attendance at AMC movie theatres was 356 million.

15. There are 16,586 digital 3D cinema screens in North America.

16. The majority of the U.S. movie theater audience are adults aged between 25 and 39 years old.

17. According to a study, 14% of adults go to a cinema to watch a movie once or more times a month. 46% of adults visit movie theaters once a year or less.

Facts About Movie Actors: Salaries, Awards & Popularity

18. The most paid actor is Dwayne “The Rock” Johnson with an estimated earnings of $87.5 million. His Netflix film “Red Notice” added up a total of $23.5 million to his earnings.

19. The biggest movie star in the world is Shah Rukh Khan. He stared in more than 70 movies and was even making more money than Tom Cruise, according to Forbes.

20. Katharine Hepburn won 4 Oscars throughout her acting career. She is the most successful actress to date when talking about Academy Awards and holds the record for winning the most Oscars.

21. However, Meryl Streep holds the record for the most nominations in the acting categories, with a total of 21. She is also a winner of 3 Oscars.

Conclusion

There you have it – the top 21 film industry statistics you need to know.

The industry was growing rapidly with more and more movies produced each year until the pandemic outbreak started.

The last few years might have been difficult for movie creators, but the industry has recovered very quickly. 

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top