Dublin, Sept. 25, 2023 (GLOBE NEWSWIRE) -- The "Global Post Production Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
The post-production market is expected to experience significant growth during the forecast period, driven by various factors and trends. Here are some key insights from the report:
Market Growth Forecast:
- The post-production market is projected to grow by USD 12,670.69 million during the period of 2022-2027.
- The market is expected to accelerate at a CAGR of 13.02% during this period.
Market Drivers:
- Success of Movies and TV Shows: The high use of animation in movies and TV shows is contributing to the success of these forms of media, driving the demand for post-production services.
- Digital Transformation: The digital transformation of post-production processes is a significant driver. This transformation is likely to enhance efficiency and productivity in post-production.
- Access to External Expertise: The benefits of cost reduction through access to external expertise are encouraging businesses to outsource post-production services.
Market Segmentation:
- The post-production market is segmented by application into movies, television, commercials, and online videos.
- It is also segmented by application type, with movies, television, commercials, and online videos being the categories.
Trends Driving Market Growth:
- Growth in Digital Marketing: The growth of digital marketing is a notable trend, as it creates demand for high-quality visual content, including videos.
- Popularity of VR and 360-degree Video Content: The increasing popularity of virtual reality (VR) and 360-degree video content is driving the demand for specialized post-production services.
- Growing Consumption of Online Content: With the rising consumption of online content, there is a substantial demand for post-production services to enhance the quality of videos and other digital media.
Vendor Analysis:
- The report offers a comprehensive analysis of around 25 leading vendors in the post-production market.
- These vendors play a crucial role in providing post-production services and solutions.
Key Players:
- Amazon.com Inc.
- AT and T Inc.
- Comcast Corp.
- Deluxe Media Inc.
- Eros Media World plc
- Framestore Ltd
- Lantern Entertainment
- Lions Gate Entertainment Corp.
- Netflix Inc.
- Paramount Global
- Prime Focus Ltd.
- Red Chillies Entertainments Pvt. Ltd.
- Sony Group Corp.
- Storyteller Distribution Co. LLC
- Streamland Media Inc.
- The Walt Disney Co.
- Weta Digital Ltd.
- Pixel Digital Studios
- STUDIO GHIBLI Inc.
For more information about this report visit https://www.researchandmarkets.com/r/2hi835
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
