Market overview of the theatre management system market

Technavio’s research analyst predicts the global theatre management system market to grow steadily at a CAGR of around 8% during the forecast period. The rapidly growing film entertainment industry is the primary growth driver for this market. The increase in the number of box offices releases every week has further expedited the growth of cinema halls globally, which has consequently increased the adoption of theatre management systems and has thereby supplemented the market revenue.

The rising trend of migration from single screen to multiplexes is further expected to boost the market growth during the forecast period. The increased number of moviegoers has motivated the theatre owners to transform their single-screen cinema halls to multiplex theatres. For instance, during 2012, the number of multiplexes in India were 900, which has increased to nearly 2000 during 2015. This, in turn, has accelerated the growth of the global theatre management systems market.

Geographical segmentation and analysis of the theatre management system market

• Americas
• EMEA
• APAC

During 2015, the Americas contributed the highest revenue share of around 41% in the global market. The popularity of Hollywood movies, which has led to the highest number of digital screens in this region has been aiding the market growth. However, this research report expects this region to witness a decline in its market share during the forecast period due to market saturation.

Competitive landscape and key vendors

The global theatre management system market is highly competitive due to the presence of numerous suppliers. Intense competition, rapid advances in technology, and frequent changes in consumer preferences are significant risk factors for providers. Vendors are competing on the basis of product differentiation, portfolio, and pricing. The competition is expected to intensify further during the forecast period as a result of the increase in product extensions and the entry of numerous new players.

The leading vendors in the market are -

• Dolby
• GDC Technology
• Sony Digital Cinema
• Unique Digital
• Ymagis

The other prominent vendors in the market include Arts Management Systems, Barco NV, Christie Digital Systems, Cinema Equipment and Supplies, IMAX, Kinoton Digital Solutions.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global theatre management system market?
• What are the key market trends impacting the growth of the global theatre management system market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the global theatre management system market?
• Trending factors influencing the market shares of the Americas, EMEA, and APAC?
• What are the key outcomes of the five forces analysis of the global theatre management system market?

Technavio also offers customization on reports based on specific client requirement.

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