Visual Effects Market Growth, Trends and Forecast by 2031

MARKET INTRODUCTION

Visual effects are the process of generating imagery or manipulation outside the context of a live action shot in movie making. The visual effects involve the integration of live action footage and computer-generated imagery to create environments, inanimate objects, animals, and others. The need for visual effects in the film making, gaming, and advertisement is boosting the demand for the visual effects market. Nowadays, visual effects (VFX) are the most advanced technology used in movies to give the scene a more realistic look. Hence, increasing the use of VFX in the making of movies, which propels the growth of the visual effects market.

MARKET DYNAMICS

Visual effects are used in making movies, advertisements, games, and television shows. The increased use of laptops, smartphones, tablets, and televisions has resulted in the popularity of visual effects among the consumers, which boosts the growth of the visual effects market. Increasing demand for VFX in the media and entertainment industry is also propelling the growth of the market. Increasing the spending on visual effects by the film industry, growing demand for the high-quality video content, and increase the visual effects applications are expected to drive the growth of the visual effects markets.

MARKET SCOPE

The "Global Visual Effects Market Analysis to 2031" is a specialized and in-depth study of the visual effects industry with a special focus on the global market trend analysis. The report aims to provide an overview visual effects market with detailed market segmentation by component, type, application, and geography. The global visual effects market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading visual effects market players and offers key trends and opportunities in the visual effects market.

MARKET SEGMENTATION

The global visual effects market is segmented on the basis of component, type, application. On the basis of component the market is segmented as software, hardware, services. On the basis of type the market is segmented as simulation FX, animation, modelling, matte painting, compositing, motion capture, others. On the basis of application the market is segmented as movies, television, gaming, and advertisements.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global visual effects market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The visual effects market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting visual effects market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the visual effects market in these regions.

MARKET PLAYERS

The reports cover key developments in the visual effects market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from visual effects market are anticipated to lucrative growth opportunities in the future with the rising demand for visual effects in the global market. Below mentioned is the list of few companies engaged in the visual effects market.

The report also includes the profiles of key visual effects companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  Autodesk Inc.
•  Cinesite VFX Ltd.
•  Digital Domain Holdings Ltd.
•  Framestore Ltd.
•  NaturalPoint, Inc. DBA OptiTrack
•  Red Giant LLC
•  Rodeo FX, Inc.
•  The Walt Disney Co.
•  Video Copilot and Final Image Inc.
•  Vision Effects, Inc.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Visual Effects Report Scope