1. China to overtake India as biggest cinema market: PwC

China to overtake India as biggest cinema market: PwC

The domestic entertainment and media industry is expected to grow at a CAGR of around 9-10% by 2020, according to a Global Entertainment & Media Outlook report released by PwC on Wednesday..

By: | Mumbai | Updated: June 9, 2016 8:34 AM
The report states that the cinema industry in India will see a steady growth, but China is expected to overtake India as the biggest cinema market by 2020. (Reuters)

The report states that the cinema industry in India will see a steady growth, but China is expected to overtake India as the biggest cinema market by 2020. (Reuters)

The domestic entertainment and media industry is expected to grow at a CAGR of around 9-10% by 2020, according to a Global Entertainment & Media Outlook report released by PwC on Wednesday, which has forecast trends across 13 industry segments in 54 countries.

The report states that the cinema industry in India will see a steady growth, but China is expected to overtake India as the biggest cinema market by 2020.

In the TV advertising segment, India will be one of the seven countries to achieve double-digit growth over the forecast period at an 11.7% CAGR.

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