North American Market Forecast
The video production cameras market in North America is predicted to account for the largest share of 35% by 2036 impelled by the growing film industry. For instance, in 2022, the U.S. film business had a valuation of more than USD 94 billion which encouraged a thriving creative economy in the region. The American film business, sometimes known as Hollywood, is thought to be the oldest in the world and is known to produce almost all of the movies that are shown in theaters and earn over 75% of the money from those that are shown overseas.
European Market Statistics
The Europe video production cameras market is estimated to be the second largest, during the forecast timeframe led by rapid urbanization. For instance, by 2050, Europe's urbanization rate is projected to reach over 82%. As a result, there will be a significant rise in content creation which will contribute to the market growth in the region.
Author Credits: Abhishek Verma
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