An Upcoming Market Research Report On The Theatre Industry In The Us
This report also includes the government regulations such as the Piracy acts
, Copyrights, Intellectual Property rights.
The latest trend in the industry has been a tremendous increase in the production of 3D movies. The theatre chains have responded accordingly by increasing the number of Digital 3D screens across the existing theatres. The Production houses are planning to re-release old movies such as the Star Wars, Batman, Superman in 3D after seeing the commercial success of Titanic. Gradually there has been a decline in the 2D segment of the cinemas, since many production houses prefer 3D movies. Currently this industry is growing at a CAGR of 2.1% with admissions of 1.29 billion and the average ticket price being 7.9 USD. The growth drivers in this industry will be the quality of new sequels and the new ideas (after movies like avatar, inception, transformers the expectations from the audience is high). The audience liked comedy cinemas followed by the adventure and action based movies. The total audience of this industry was 221.2 million.
Research Methodology Used:
Several statistical methods such Covariance, Correlation, Regression and Coefficient of Determination (R square) analysis are used to assess the industry performance and analyze the future outlook of the industry.
We also analyze several socio-economic, demographic, political, and regulatory market factors which directly or indirectly affect the industry performance by indicating their degree of impact in the cause and effect relationship between them. The reason for selected these macro-economic and industry factors are also explained.
The research team builds a multi factor regression model by first identifying the correlation (whether linear or non-linear) between the dependent and independent variables. After calculating the degree and strength of relationship between the variables, the regression model is used to calculate the sensitivity of each factor on the dependent variable. Finally, the expected value and sensitivity of the independent variable is used to determine the future value of dependent variable.
Data Collection Methods:
In terms of data collection, the report has used both primary and secondary data sources.
Secondary Data Sources: Secondary data sources includes the analysis of existing macro economic and demographic factors, obtained from national statistics of several countries and from magazines, journals and online articles The secondary data sources are used to form the initial perception and contention on several forces playing their role in determining the future growth in the industry.
Primary Data Sources: Structured interviews are conducted through telecon and emails with several industry veterans including major decision makers of companies operating in the sector, representatives of several associations and research institute and industry veterans. These interviews help the research team to authenticate the data collected from secondary data sources and to reject or accept the hypothesis regarding the future projections.
About AM Mindpower Solutions
AM Mindpower Solutions is a market research company which offers global industry market research analysis report and industry forecast. We have core expertise in evaluating several industries and verticals including pharmaceutical industry research report, insurance report, apparel industry report and healthcare marketing research report.
We also offer insight in mergers and acquisitions and Venture Capital & Private Equity Investment landscape pertaining to India across sectors such as Education, E-Commerce, Food & Beverages and Healthcare among others.
For more information on the upcoming publication please refer to the below mentioned link:
http://www.ammindpower.com/press-release.php?a=105
by: AM Mindpower Solutions
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