Industry Analysis & Industry Trends
The Motion Picture Production industry covers all businesses that produce films in the United Kingdom. These can be anything from big budget feature films to advertising and training films. The industry is characterised by significant volatility in revenue growth, which is largely influenced by the pattern and size of investments in the production of feature films in the United Kingdom. Other factors that can affect the success of industry operators are the exchange rate between the US dollar and the pound, film tax incentives and credit availability. Developments in film production and creative developments worldwide also affect the industry.
Over the five years through 2016-17, industry revenue is expected to expand at a compound annual rate of 21% to £2.8... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The UK Motion Picture Production industry is in the growth stage of its life cycle. Industry value added (IVA), a measure of the industry's contribution to the overall economy, is expected to grow at a compound annual rate of 6.1% over the decade through 2021-22. Over the same period, the economy is expected to grow at a compound annual rate of 2.3%. This means that the industry is forecast to constitute a larger part of the UK economy in 2021-22 than it did 10 years earlier. Other indicators that the industry is growing are that enterprises, establishments and employment are all expected to grow strongly over the decade. Developments in technology are also expected to have both direct and indirect influences on the ongoing growth of the industry.
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