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
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