Visual effects (abbreviated VFX) is the process by which imagery is created or manipulated outside the context of a live action shot in film making.
The entire Visual Effects Services market continues to grow in the foreseeable future, and with the increased consumer spending on entertainment products and the higher visual requirements for film and television production, Visual Effects Services will gain growing industry influence.
Tax policies in different countries are one of the main reasons currently affecting the development of Visual Effects Services companies. The implementation of the tax subsidy policy has led major Visual Effects Services companies to migrate around the world to find the lowest combination of labor costs and tax costs. Many Visual Effects Services employees in Hollywood in the United States held demonstrations to protest against the tax subsidy policy for the film and television technology industry - because this made their original advantages disappear and forced them to follow the company's migration in various tax incentive countries.
The influx of technical talent and the huge demand in the domestic market have stimulated the demand for Visual Effects Services in many developing countries. The industry is expected to have greater development in China and India in the next few years. The United States still plays a leading role in the industry of Visual Effects Services, but with the merger, development and growth of Visual Effects Services companies in various regions, the world pattern will change accordingly.
In 2018, the global Visual Effects Services market size was 3060 million US$ and it is expected to reach 5540 million US$ by the end of 2025, with a CAGR of 8.9% during 2019-2025.
This report focuses on the global Visual Effects Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Visual Effects Services development in United States, Europe and China.
The key players covered in this study
Industrial Light and Magic
The Mill
Weta Digital
Moving Picture Company (MPC)
DNEG
Sony Pictures Imageworks
Cinesite
Digital Domain
Deluxe Entertainment
Framestore
Animal Logic
Pixomondo
Digital Idea
Tippett Studio
Flatworld Solutions Pvt
Method Studios
BUF
Scanline vfx
TNG Visual Effects
Market segment by Type, the product can be split into
Special Effects
Digital Effects
Market segment by Application, split into
Television
Film
Video Game
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Visual Effects Services status, future forecast, growth opportunity, key market and key players.
To present the Visual Effects Services development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Visual Effects Services are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Visual Effects Services . Industry analysis & Market Report on Visual Effects Services is a syndicated market report, published as Global Visual Effects Services Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Visual Effects Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.