Performers & Creative Artists in the US - Industry Market Research Report
Description
Performers & Creative Artists in the US - Industry Market Research Report
Performers & Creative Artists in the US
Performers and creative artists include independent artists, freelance and bestselling writers, stage and A-list actors and painters, in addition to a dozen other artistic professions. Over 96.0%of working artists don't employ any workers since revenue in this field can be difficult to come by.The top artists are the ones whose work is highly coveted and revered, and famous authors and actors are capable of earning millions of dollars annually. Some have the fame and financial means that requires themto employ teams to maintain their image, but these account for a slim portion of artists. Favorable economic conditions persisted for the majority of the five years to 2023, but the COVID-19 pandemic stifled industry activity in 2020 significantly. Revenue ultimately grew at a CAGR of 2.0% to $56.8 billion in 2023, including a growth of 4.3% that year alone.
The Performers and Creative Artists industry consists of independent or freelance artists, writers and performers that create artistic or cultural works or productions, in addition to individuals that provide the technical expertise necessary for these works. This industry includes celebrities that receive a fee for product endorsement and public appearances or speeches. This industry does not include musical artists (IBISWorld report 71113) or graphic design artists (54143).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Performers & Creative Artists in the US
Performers and creative artists include independent artists, freelance and bestselling writers, stage and A-list actors and painters, in addition to a dozen other artistic professions. Over 96.0%of working artists don't employ any workers since revenue in this field can be difficult to come by.The top artists are the ones whose work is highly coveted and revered, and famous authors and actors are capable of earning millions of dollars annually. Some have the fame and financial means that requires themto employ teams to maintain their image, but these account for a slim portion of artists. Favorable economic conditions persisted for the majority of the five years to 2023, but the COVID-19 pandemic stifled industry activity in 2020 significantly. Revenue ultimately grew at a CAGR of 2.0% to $56.8 billion in 2023, including a growth of 4.3% that year alone.
The Performers and Creative Artists industry consists of independent or freelance artists, writers and performers that create artistic or cultural works or productions, in addition to individuals that provide the technical expertise necessary for these works. This industry includes celebrities that receive a fee for product endorsement and public appearances or speeches. This industry does not include musical artists (IBISWorld report 71113) or graphic design artists (54143).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
39 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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