$394.6m
$XX.Xm
10,206
9,159
$XXX.Xm
The magic industry has faced significant shifts in its operations due to the COVID-19 pandemic, ushering in an era of digital performances. Magicians around the globe have adapted and utilized digital platforms to continue performing and connecting with their audience during lockdowns. Technology integration with magic shows has been expedited, demanding innovative and compelling content on the digital stage. Social media platforms, such as Instagram and TikTok, have become valuable tools for magicians to showcase their talents through short clips, allowing them to gain a broader fan base and attract attention from event organizers.
Industry revenue has declined at a CAGR of 4.0 % over the past five years, to reach an estimated $394.6m in 2024.
Market size is projected to grow over the next five years.
There are no companies that hold a large enough market share in the Magicians in the US industry for IBISWorld to include in this product.
Magicians in the US
Industry revenue is measured across several distinct product and services lines, including Performances for private sector clients, Performances for public sector clients and Performances for education sector clients. Performances for private sector clients is the largest segment of the Magicians in the US.
Captivating performances for private sector clients
Operators in the magic performance industry are individuals skilled in stage magic. These artists perform magic tricks, illusions and other magical acts at events including theatrical shows, festivals, corporate events, conventions and private parties.
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NAICS 711510 - Magicians in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The pandemic has accelerated the digital transformation of magic. Magicians globally utilize digital platforms and social media to perform and connect with audiences, transfo...
Learn about an industry's products and services, markets and trends in international trade.
Adapting magic acts to audiences' tech preferences engages younger viewers. Mature audiences prefer performances they can share with family or recall nostalgic themes.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
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Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Integrating technology into performances is key for magicians. It boosts audience engagement and allows magicians to stay competitive in the entertainment industry.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The most significant regulation impacting magicians in the US is licensing requirements for public performances. Obtaining proper licenses ensures compliance with local laws ...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
The primary revenue for magicians comes from their performances. This includes ticket sales at public shows, fees for private events, merchandise sales and, recently, virtual...
Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Magicians in the US industry in United States is $394.6m in 2024.
There are 9,159 businesses in the Magicians in the US industry in United States, which has grown at a CAGR of 1.7 % between 2019 and 2024.
The market size of the Magicians in the US industry in United States has been declining at a CAGR of 4.0 % between 2019 and 2024.
Over the next five years, the Magicians in the US industry in United States is expected to grow.
Performances for private sector clients and Performances for public sector clients are part of the Magicians in the US industry.
The level of competition is moderate and steady in the Magicians in the US industry in United States.