The North American entertainment industry will see the considerable growth of 9.8% during the forecast period. video streaming is considered as the fastest growing entertainment industry in North America with a substantial number of major video streaming platform that includes Netflix, Prime Video, YouTube TV, FuboTV, Disney+, VRV, and Tubi. These platforms hold the highest share in the global video streaming industry, hence contributes to the North American entertainment industry. Due to the coronavirus outbreak, the lockdown has been imposed in the region, hence a large population of the region is staying at home which is driving the video streaming business.

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For instance, the number of Netflix subscribers has been increased in 2020 with almost 16 million people created accounts in the first three months of the year, as per Netflix, Inc report. Further, due to the extension of lockdown in the region, more people are likely to seek home entertainment options such as streaming TV shows and films from Netflix, Disney Plus, Comcast’s Peacock, AT&T’s HBO Max and others which will increase the video streaming industry in the region. However, due to the COVID-19 outbreak, various online content production companies have stopped shooting all scripted TV shows and films in the US and Canada starting from March 16, 2020. The shows postponed due to coronavirus are Stranger Things 4 and Sex/Life starring Sarah Shahi.

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North American Entertainment Market – Segmentation

By Type

Online Video streaming
Amusement Parks
Theatrical and Film Production
Sports
Live Events and Trade Shows
North American Entertainment Market – Segmentation by Geography

US
Canada
Company Profiles

Amazon Web Services, Inc.
AMC Entertainment Holdings, Inc.
Apple Inc.
Cinemark Holdings, Inc.
Cineplex Inc.
Google LLC
Microsoft Corp.
Netflix Inc.
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