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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.
Visual effects involve in the integration of live-action footage (special effects) and generated imagery (digital effects) to create environments which look realistic, but would be dangerous, expensive, impractical, time consuming or impossible to capture on film. Visual effects using computer-generated imagery (CGI) have recently become accessible to the independent filmmaker with the introduction of affordable and easy-to-use animation and compositing software.
Visual effects are often integral to a movie’s story and appeal. Although most visual effects work is completed during post-production, it usually must be carefully planned and choreographed in pre-production and production. Visual effects primarily executed in post-production with the use of multiple tools and technologies such as graphic design, modeling, animation and similar software, while special effects such as explosions and car chases are made on set. A visual effects supervisor is usually involved with the production from an early stage to work closely with production and the film’s director design, guide and lead the teams required to achieve the desired effects.
Visual effects primarily divides into two groups of:
Special effects: It covers any visual effects that take place in live action, e.g. on set explosions or stunt performances.
Digital effects (commonly shortened to digital FX or FX): It covers the various processes by which imagery is created or manipulated with or from photographic assets. Digital Effects often involve the integration of still photography and computer-generated imagery (CGI) to create environments which look realistic but would be dangerous, costly, or impossible to capture in camera. FX is usually associated with the still photography world in contrast to visual effects which is associated with motion film production.
This report contains market size and forecasts of Visual Effects Services in Global, including the following market information:
Global Visual Effects Services Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Visual Effects Services market was valued at 4467.7 million in 2021 and is projected to reach US$ 9794.7 million by 2028, at a CAGR of 11.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Special Effects Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Visual Effects Services include Industrial Light and Magic, The Mill, Weta Digital, Moving Picture Company (MPC), DNEG, Sony Pictures Imageworks, Cinesite, Digital Domain and Deluxe Entertainment, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Visual Effects Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Visual Effects Services Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Visual Effects Services Market Segment Percentages, by Type, 2021 (%)
– Special Effects
– Digital Effects
Global Visual Effects Services Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Visual Effects Services Market Segment Percentages, by Application, 2021 (%)
– Television
– Film
– Video Game
– Others
Global Visual Effects Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Visual Effects Services Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Visual Effects Services revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Visual Effects Services revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– 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
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