The graph shows box office revenues in various world's regions. In 2012, cinemas in Latin America generated 2.8 billion US dollar from ticket sales.
Global box office revenue by region
In 2012, three out of four of the presented regions generated very similar revenues. In North America, ticket sales brought in the most revenue – 10.8 billion US dollars, both the EMEA and Asia-Pacific regions were not far behind with 10.7 and 10.4 billion dollars respectively. Latin American box offices generated only approximately a fourth of their U.S. and Canadian counterparts. On the other hand, all regions beside North America have been seeing constant growth over the past six years – United States and Canada experienced a minor slip in revenue in 2011.
Global box office revenue grew from 23.1 billion US dollars in 2005 to 34.7 billion in 2012 and the positive development is expected to continue at least until 2017, when revenue is forecast to reach 44.4 billion. The US market is also projected to experience an undisturbed growth period, reaching 12.3 billion in 2017, up from 10.4 billion in 2012. This amount made the United States the largest box office market in the world, leaving other wealthy and/or populous countries far behind. In China – the second largest market – ticket sales brought 2.7 billion US dollars revenue, in Japan 2.4 billion and in India – the country which produces by far the most movies annually - 1.4 billion.
On a global level, Sony Pictures were the most successful film studio in 2012, holding a 16.6 percent share of the US market and a 19.8 percent share of the global market (excluding US) They also generated the highest box office results in both of these regions and released the most movies. They were only beaten by Universal Pictures in the number of blockbusters they released outside of the US. In the US, the two studios were tied.