Techrecipe

US blockbuster spending will grow 13 times by 2025

According to a report released by market research agency Research and Market, US blockbuster spending is expected to be more than 13 times this year in 2025.

According to the report, entitled “US Block Chain Business Opportunities and Prospects,” US blockbuster spending is projected to grow at a CAGR of 44.5 percent annually, from $ 3.12 billion this year to $ 41.1 billion by 2025.

According to the report, US blockbuster spending in 2018 was $ 1.6 billion. The survey covers block chain market opportunities and risks for more than 75 sectors in 11 US industries.

Meanwhile, a report released by IDC, another market research firm in early March, predicts that global blockbuster spending will grow rapidly from 2018 to 2022 and reach a CAGR of 76% for the next five years, or $ 12.4 billion. By region, the US expects to spend up to $ 1.1 billion in blockbusters, followed by Western Europe and China with $ 674 million and $ 319 million, respectively. For more information, please click here .