Industry Analysis & Industry Trends
Over the five years to 2016, revenue for the DVD, Game and Video Rental industry has severely contracted amid increasing external competition and a wider shift toward substitute services such as on-demand television and subscription-based streaming services. Because of their relative affordability and increasing convenience, more consumers are using these services, decreasing demand for brick-and-mortar stores offering rental services for DVDs and video games. Over the next five years, industry revenue is expected to continue decreasing as consumers continue to opt for more long-term services such as subscription-based streaming services... purchase to read more
Industry Report - Industry Locations Chapter
The location of industry establishments is largely in line with the distribution of the population in Canada. For the most part, television sets and movie playing devices are owned by an overwhelming majority of the population. Similarly, 95.0% of Canadian households own a computer and over 60.0% own at least one game console. Thus, to a limited extent, the distribution of population is more relevant to industry locations than any one geographical factor.
The bulk of industry activity occurs in two primary provinces: Ontario and Quebec. Collectively, IBISWorld estimates that over 70.0% of industry establishments are located in these two provinces, which also account for a little over 60.0% of the national population... purchase to read more