Virtual Production Market Trends 2021 | Growth, Share, Size, Demand and Future Scope 2026

According to IMARC Group’s latest report, titled “Virtual Production Market Trends: Industry Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global virtual production market grew at a CAGR of around 18% during 2015-2020. Looking forward, the market is expected to continue its strong growth during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Virtual production refers to a method of merging live-action footage and computer graphics in real-time. It depends on computer-generated imagery (CGI), virtual reality (VR), augmented reality (AR) and game-engine technologies. Virtual production mainly includes motion capture, hybrid cameras and light-emitting diode (LED) live-action. As a result, it finds widespread applications across various sectors such as fashion, entertainment and news reporting to provide engaging virtual experiences.

Request Free Sample Report: https://www.imarcgroup.com/virtual-production-market/requestsample

The growing trend of over-the-top (OTT) platforms along with escalating demand for live video streaming are primarily driving the growth of the market. Furthermore, virtual production is extensively adopted by art and media producers to create modern content with improved quality, increased efficiency and lower costs of execution. Besides this, the global spread of the coronavirus disease has disrupted the film and television production and led to the closure of theaters. Consequently, virtual production is gaining traction in remote filmmaking. It helps the teams to connect from different locations, sync files and feedback and offers a seamless experience by creating a digital environment. Furthermore, the increasing accessibility to state-of-the-art game engines and rapid development in AR and VR technologies are some of the other factors expected to provide lucrative opportunities to the market players in the coming years.

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/virtual-production-market

List of Key Companies Covered in this Market Report:

  • 360Rize
  • Adobe Inc.
  • Autodesk Inc.
  • BORIS FX Inc
  • Epic Games Inc.
  • HTC Corporation
  • HumanEyes Technologies Ltd.
  • Mo-Sys Engineering Ltd.
  • NVIDIA Corporation
  • com
  • Pixar (The Walt Disney Company)
  • Side Effects Software Inc.
  • Technicolor SA (Streamland Media)
  • Vicon Motion Systems Limited (Oxford Metrics PLC).

Breakup by Component:

  • Hardware
  • Software
  • Services

Breakup by Type:

  • Pre-production
  • Production
  • Post-production

Breakup by End User:

  • Movies
  • TV Series
  • Commercial Ads
  • Online Videos
  • Others

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ctrlr