U.S. box office revenue reached $29.7 billion, the highest annual total since 2019. In the same period, the motion picture and video sector supported 1.4 million jobs across NAICS 512. The industry’s scale spans production, post, and delivery, from Los Angeles County’s 12,900+ businesses to global spend on CDNs and media cybersecurity.
Key Takeaways
- 12,900+ film production businesses are located in Los Angeles County, California, based on the 2022 Economic Census business counts for motion picture and video industries
- 1.4 million people are employed in the U.S. motion picture and video industries (NAICS 512) per the 2022 Annual Social and Economic Supplement employment estimates
- $29.7 billion U.S. box office revenue in 2023, the highest annual total since 2019
- $6.8 billion global market size for virtual production software in 2023 (ICT spend for AR/VR and virtual production tooling)
- $0.9 billion annual global spend on film/TV visual effects and animation in 2023 (industry value estimate)
- The global video production services market is forecast to reach $487.1 billion by 2030
- 47% of entertainment organizations reported adopting cloud infrastructure in 2022 (including film/TV production and media services), per a global media technology survey
- 59% of film and video creators use non-linear editing software for post-production workflows, according to a 2023 survey of media professionals
- Avid reports that Media Composer installations increased by 15% year-over-year in 2023 among professional post facilities, according to vendor market telemetry
- A 2023 Deloitte survey found that 44% of media and entertainment executives expect to increase investments in data/AI over the next 12–18 months
- The global film and TV production outsourcing market is forecast to grow at a CAGR of 6.9% from 2024 to 2030 (industry forecast)
- In 2023, U.S. theatrical admissions increased by 64% compared with 2022, per MPAA annual market stats
- 2.0 petabytes per year of footage are processed by leading VFX pipelines in large studios, per a technical keynote dataset presented by NVIDIA GTC (industrial case study)
- A 2021 peer-reviewed study found that higher construction of digital intermediate pipelines reduces total film post-production time by 10%–20% under standardized workflows
- The U.S. motion picture and video industries spent $6.6 billion on computer systems design and related services in 2021 per BEA input-output related service totals
Los Angeles leads a booming U.S. and global film economy, with growing employment, revenue, and technology investment.
Related reading
01 · Category
Market Size7 stats
01
$6.8 billion global market size for virtual production software in 2023 (ICT spend for AR/VR and virtual production tooling)
02
$0.9 billion annual global spend on film/TV visual effects and animation in 2023 (industry value estimate)
03
The global video production services market is forecast to reach $487.1 billion by 2030
04
In the UK, the creative industries (including film and TV) contributed £111.7 billion gross value added (GVA) in 2022 per DCMS estimates
05
Canada’s film and television production sector exported C$1.9 billion in 2022 per Statistics Canada international trade data for audiovisual products
06
Brazil’s audiovisual market revenue reached R$48.7 billion in 2023 per Ancine and industry accounting
07
The global market for content delivery networks (CDNs), which underpin distribution of films and series, is forecast to reach $45.9 billion by 2028
Interpretation
Market Size Interpretation
The market for film production is expanding beyond traditional spend as virtual production software alone reached $6.8 billion globally in 2023 while visual effects and animation added another $0.9 billion annually, and wider video production services are projected to grow to $487.1 billion by 2030, underscoring that the market size story is increasingly driven by advanced digital production capabilities and services.
02 · Category
Industry Scale6 stats
01
12,900+ film production businesses are located in Los Angeles County, California, based on the 2022 Economic Census business counts for motion picture and video industries
02
1.4 million people are employed in the U.S. motion picture and video industries (NAICS 512) per the 2022 Annual Social and Economic Supplement employment estimates
03
$29.7 billion U.S. box office revenue in 2023, the highest annual total since 2019
04
In the U.S., there were 38,000+ establishments in NAICS 512 (motion picture and sound recording) in 2022 based on Census Bureau County Business Patterns
05
Motion picture and video production employed 196,000 people in 2022 in the U.S. (NAICS 5121) based on BLS employment estimates
06
As of 2024, DCI-compliant digital cinema systems were deployed across more than 110,000 screens globally (DCI/industry deployment summaries)
Interpretation
Industry Scale Interpretation
The Industry Scale picture shows massive reach and employment in film production with 12,900+ businesses in Los Angeles County alone and about 1.4 million people working across U.S. motion picture and video industries, underlining how film production is both locally concentrated and nationally substantial.
03 · Category
User Adoption3 stats
01
47% of entertainment organizations reported adopting cloud infrastructure in 2022 (including film/TV production and media services), per a global media technology survey
02
59% of film and video creators use non-linear editing software for post-production workflows, according to a 2023 survey of media professionals
03
Avid reports that Media Composer installations increased by 15% year-over-year in 2023 among professional post facilities, according to vendor market telemetry
Interpretation
User Adoption Interpretation
User adoption is accelerating in film and video workflows, with 59% of creators already using non linear editing software and Avid’s Media Composer installations rising 15% year over year in 2023, alongside 47% of entertainment organizations moving to cloud infrastructure in 2022.
More related reading
04 · Category
Industry Trends3 stats
01
A 2023 Deloitte survey found that 44% of media and entertainment executives expect to increase investments in data/AI over the next 12–18 months
02
The global film and TV production outsourcing market is forecast to grow at a CAGR of 6.9% from 2024 to 2030 (industry forecast)
03
In 2023, U.S. theatrical admissions increased by 64% compared with 2022, per MPAA annual market stats
Interpretation
Industry Trends Interpretation
Industry Trends are pointing toward growth and smarter decision making, with 44% of media and entertainment executives planning to increase investments in data and AI over the next 12 to 18 months, U.S. theatrical admissions jumping 64% in 2023 versus 2022, and the film and TV production outsourcing market expected to expand at a 6.9% CAGR from 2024 to 2030.
05 · Category
Cost Analysis3 stats
01
The U.S. motion picture and video industries spent $6.6 billion on computer systems design and related services in 2021 per BEA input-output related service totals
02
In 2022, U.S. motion picture and sound recording industries reported $4.3 billion in employer costs related to workers’ compensation (BLS/IB coverage estimate)
03
$8.6 billion global spend on cybersecurity for media and entertainment in 2023 (security services and solutions estimate)
Interpretation
Cost Analysis Interpretation
Cost analysis shows that film and entertainment budgets are being pressured on multiple fronts, with the U.S. spending $6.6 billion on computer systems design in 2021, $4.3 billion on workers’ compensation in 2022, and a projected $8.6 billion spent globally on cybersecurity in 2023.
06 · Category
Industry Overview4 stats
01
2.0 petabytes per year of footage are processed by leading VFX pipelines in large studios, per a technical keynote dataset presented by NVIDIA GTC (industrial case study)
02
A 2021 peer-reviewed study found that higher construction of digital intermediate pipelines reduces total film post-production time by 10%–20% under standardized workflows
03
34% of U.S. adults said they watched at least one movie in the past month in 2023 (U.S. video viewing behavior).
04
US$2.9 billion in U.S. tax credits and rebates were issued for film and TV production in FY2022 (U.S. incentives volume affecting costs).
Interpretation
Industry Overview Interpretation
The industry overview shows how massive production and distribution demand is paired with efficiency and incentives, as leading VFX pipelines process 2.0 petabytes of footage each year and improved digital intermediate pipelines cut post-production time by 10% while 2023 viewing reached 34% of U.S. adults and FY2022 U.S. film and TV tax credits and rebates totaled US$2.9 billion.
report visual · Comparison
Film & TV market demand signals (revenue, services, and distribution reach)
The U.S. box office rebounded to its highest level since 2019, while global video production services and distribution infrastructure are projected to keep expanding through 2030.
The global video production services market is forecast to reach $487.1 billion by 2030$487.1 billion
The global market for content delivery networks (CDNs), which underpin distribution of films and series, is forecast to
$45.9 billion
$29.7 billion U.S. box office revenue in 2023, the highest annual total since 2019
$29.7 billion
source-verifiedmpaa.org · fortunebusinessinsights.com2030
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Isabelle Moreau. (2026, February 13). Film Production Industry Statistics. Gitnux. https://gitnux.org/film-production-industry-statistics
MLA
Isabelle Moreau. "Film Production Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/film-production-industry-statistics.
Chicago
Isabelle Moreau. 2026. "Film Production Industry Statistics." Gitnux. https://gitnux.org/film-production-industry-statistics.
Sources & references
26 datasets cited across this report · attribution is report-level
+4 additional datasets cited (not shown individually)