Visual Effects Global Market Report 2024

Global Visual Effects Market Report 2024

Visual Effects Global Market Report 2024 – By Type( Matte Painting, Simulation FX, Compositing, Motion Capture, Character And Creature Animation, Concept Art, Previs Or Pre-visualization, Other Types), By Component( Software, Hardware, Services), By Application( Movies, Advertisements, TV Shows, Gaming) – Market Size, Trends, And Global Forecast 2024-2033

Name: Visual Effects Global Market Report 2024
Creator: The Business Research Company
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Visual Effects Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 200 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Visual Effects Global Market Report 2024

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Visual Effects Market Definition

Visual effects refer to a process by which the creation or enhancement of film or video by using a computer during post-production. They are used to create environments or characters. They are applied to combine live-action footage and enhanced imagery.

The main types of visual effects are matte painting, simulation FX, compositing, motion capture, character and creature animation, concept art, previs or pre-visualization, and other types. Concept art is a type of visual act of an initial idea for a movie project. The various component includes software, hardware, and services. These are used in a variety of applications such as movies, advertisements, tv shows, and gaming.

Visual Effects Market Segmentation

The visual effects market covered in this report is segmented –

1) By Type: Matte Painting, Simulation FX, Compositing, Motion Capture, Character And Creature Animation, Concept Art, Previs Or Pre-visualization, Other Types

2) By Component: Software, Hardware, Services

3) By Application: Movies, Advertisements, TV Shows, Gaming

Global Visual Effects Market Size 2023 to 2028: Graph

Visual Effects Market Size 2024 And Growth Rate

The visual effects market size has grown rapidly in recent years. It will grow from $10.73 billion in 2023 to $11.82 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to user experience expectations, budgets and investments, digital streaming platforms, talent and skill development, film and entertainment industry growth.

Visual Effects Market Growth Forecast

The visual effects market size is expected to see rapid growth in the next few years. It will grow to $17.51 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%. The growth in the forecast period can be attributed to evolution of content consumption, growth of streaming platforms, augmented and virtual reality, globalization of media content, demand for realistic visuals. Major trends in the forecast period include blending practical and digital effects, sustainable production practices, personalization and customization, remote collaboration tools, user-generated vfx content, environmental and climate focus.

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Visual Effects Market Driver: Digital Video Streaming Services Fueling The Visual Effects Market

Increasing use of digital video streaming services is expected to propel the visual effects market going forward. Digital video streaming services refer to a media streaming platform that delivers data from a video file to a remote user via the internet. Visual effects software is used to create animation and special effects and enhance films with digital elements. Increasing demand for digital video streaming services would require high-quality visual effects for TV shows and movies, which would eventually increase the growth of the market. For instance, in 2022, according to Netflix’s quarterly report, a US-based subscription video streaming service company, the company added 2.41 million subscribers to its video streaming service globally in Q3 2022, making a total of 223.09 million subscribers globally, and reached 4.50 million subscribers in Q4 and Q5 of 2022. Therefore, the increasing use of digital video streaming services is driving the visual effects market.

Visual Effects Market Driver: Gaming Industry Surge Fuels Visual Effects Market Growth

The increasing demand in gaming industryis expected to propel the growth of thevisual effectsmarket going forward. The gaming industry refers to the collective activities, businesses, and enterprises involved in the creation, development, marketing, distribution, and monetization of video games. Visual effects in the gaming industry createa visually stunning, engaging, artistic vision, realism, authenticity, and memorable gaming experiences. For instance, in May 2023, according to a survey conducted by Uswitch Limited, a UK-based service and switching website, 76% of respondents to a 2022 UK study said they had played an online video game. Therefore, the increasing demand in gaming industry is driving the growth of the visual effects market.

Global Visual Effects Market Major Players

Major companies operating in the visual effects market report are Digital Domain Holdings Limited, Rodeo FX Inc., Hydraulx Visual Effects Inc., Sony Pictures Entertainment Inc., Technicolor SA, Digital Idea Corp., Deluxe Media Inc., Blackmagic Design Pty. Ltd., Foundry Visionmongers Limited, Zoic Studios LLC, Animal Logic Pty Ltd., RE:Vision Effects Inc., Worldwide FX, Video Copilot and Final Image Inc., Framestore Group Limited, Deluxe Entertainment Services Group Inc., Eastman Kodak Company, Lucasfilm Ltd., BUF Compagnie, The Moving Picture Company Limited, Cinesite Visual Effects Studio Limited, ImageWorks Inc., Double Negative Visual Effects Limited, Scanline VFX Inc., Animal Logic, Silicon Graphics International Corp., Weta Digital Limited, The Mill Film, MPC Limited, Method Studios Inc., Pixomondo GmbH

Global Visual Effects Market Trend: Revolutionizing Visual Effects By The Rise Of AI-Powered Green Screens In The Film And Television Industry

Technological advancements are the key trends gaining popularity in the visual effects market. Major companies operating in the visual effects market are focused on developing an AI-powered solutions to strengthen their position. For instance, in July 2023, Netflix Inc. a US-based subscription-based streaming service launched an AI-powered green screen. This artificial intelligence (AI) driven technology seeks to improve visual effects, making them more accurate and lifelike in real-time, and accomplish greater outcomes than traditional green screens in a quarter of the time required to edit a scene. With the advent of the magenta green screen, which offers a quicker and more precise method for producing visual effects, artificial intelligence has made great strides in the film and television industries.

Global Visual Effects Market Trend: Increasing Focus On Product Innovations To Provide Reliable Services To Their Customers

Major companies operating in the visual effects market are focusing on innovative products, such as AI tools, to drive revenues in their market. AI-based visual effect tools encompass a range of software and technologies that leverage artificial intelligence to enhance and streamline various aspects of visual effects (VFX) production. For instance, in March 2023, Wonder Dynamics, a US-based AI film company launched wonder studio. With only a few easy button clicks filmmakers produce videos with computer-generated imagery. An artist just requires a camera, they don't need any pricey production machinery or complex 3D software. The business wants to make CGI-heavy movies more accessible and provide more people the opportunity to make visually stunning movies at a lower cost.By using artificial intelligence (AI), wonder studio can monitor characters and identify cuts in scenes automatically, greatly decreasing the amount of time that would otherwise be needed for labor-intensive frame-by-frame visual effects.

Visual Effects Market Merger And Acquisition: Sony Pictures Entertainment Expands Visual Effects Capabilities With Acquisition Of Pixomondo Global To Meet Growing Demand In Entertainment Industry

In October 2022,Sony Pictures Entertainment Inc. a US-based mass media and entertainment studio acquired Pixomondo Global for an undisclosed amount. With this acquisition, Sony Pictures Entertainment intends to strengthen the company's virtual production and visual effects skills so that it can provide audiences all around the world with novel, superior content. Through this acquisition, Sony Pictures Entertainment will be better positioned to address the growing demand for high-caliber visual material in the entertainment sector and broaden its offers in the quickly changing virtual production and visual effects scene. Pixomondo Global is a US-based company which provides visual effects.

Regional Outlook For The Global Visual Effects Market

North America was the largest region in the visual effect market in 2023. The regions covered in the visual effects market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the visual effects market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The visual effects market includes revenues earned by providing professional services, system integration, support, and maintenance services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The visual effects market research report is one of a series of new reports from The Business Research Company that provides visual effects market statistics, including visual effects industry global market size, regional shares, competitors with a visual effects market share, detailed visual effects market segments, market trends and opportunities, and any further data you may need to thrive in the visual effects industry. This visual effects market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Visual Effects Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$11.82 billion
Revenue Forecast In 2033	$17.51 billion
Growth Rate	CAGR of 10.3% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Matte Painting, Simulation FX, Compositing, Motion Capture, Character And Creature Animation, Concept Art, Previs Or Pre-visualization, Other Types 2) By Component: Software, Hardware, Services 3) By Application: Movies, Advertisements, TV Shows, Gaming
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Digital Domain Holdings Limited; Rodeo FX Inc.; Hydraulx Visual Effects Inc.; Sony Pictures Entertainment Inc.; Technicolor SA; Digital Idea Corp.; Deluxe Media Inc.; Blackmagic Design Pty. Ltd.; Foundry Visionmongers Limited; Zoic Studios LLC; Animal Logic Pty Ltd.; RE:Vision Effects Inc.; Worldwide FX; Video Copilot and Final Image Inc.; Framestore Group Limited; Deluxe Entertainment Services Group Inc.; Eastman Kodak Company; Lucasfilm Ltd.; BUF Compagnie; The Moving Picture Company Limited; Cinesite Visual Effects Studio Limited; ImageWorks Inc.; Double Negative Visual Effects Limited; Scanline VFX Inc.; Animal Logic; Silicon Graphics International Corp.; Weta Digital Limited; The Mill Film; MPC Limited; Method Studios Inc.; Pixomondo GmbH
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Visual Effects Market Characteristics

3. Visual Effects Market Trends And Strategies

4. Visual Effects Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Visual Effects Market Size and Growth

5.1. Global Visual Effects Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Visual Effects Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Visual Effects Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Visual Effects Market Segmentation

6.1. Global Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Matte Painting

Simulation FX

Compositing

Motion Capture

Character And Creature Animation

Concept Art

Previs Or Pre-visualization

Other Types

6.2. Global Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Software

Hardware

Services

6.3. Global Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Movies

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Visual Effects Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Visual Effects Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Digital Domain Holdings Limited Financial Performance

Table 75: Rodeo FX Inc. Financial Performance

Table 76: Hydraulx Visual Effects Inc. Financial Performance

Table 77: Sony Pictures Entertainment Inc. Financial Performance

Table 78: Technicolor SA Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Visual Effects Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Visual Effects Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Visual Effects Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Visual Effects Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Visual Effects Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Digital Domain Holdings Limited Financial Performance

Figure 75: Rodeo FX Inc. Financial Performance

Figure 76: Hydraulx Visual Effects Inc. Financial Performance

Figure 77: Sony Pictures Entertainment Inc. Financial Performance

Figure 78: Technicolor SA Financial Performance

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Frequently Asked Questions

What is the definition of the visual effects market?

How will the visual effects market drivers and restraints affect the visual effects market dynamics? What forces will shape the visual effects industry going forward?

The visual effects market major growth driver - digital video streaming services fueling the visual effects market. For further insights on the visual effects market, request a sample here

What is the forecast market size or the forecast market value of the visual effects market ?

The visual effects market size has grown rapidly in recent years. It will grow from $10.73 billion in 2023 to $11.82 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to user experience expectations, budgets and investments, digital streaming platforms, talent and skill development, film and entertainment industry growth. The visual effects market size is expected to see rapid growth in the next few years. It will grow to $17.51 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%. The growth in the forecast period can be attributed to evolution of content consumption, growth of streaming platforms, augmented and virtual reality, globalization of media content, demand for realistic visuals. Major trends in the forecast period include blending practical and digital effects, sustainable production practices, personalization and customization, remote collaboration tools, user-generated vfx content, environmental and climate focus. For further insights on the visual effects market, request a sample here

How is the visual effects market segmented?

The visual effects market is segmentedThe visual effects market covered in this report is segmented –
1) By Type: Matte Painting, Simulation FX, Compositing, Motion Capture, Character And Creature Animation, Concept Art, Previs Or Pre-visualization, Other Types
2) By Component: Software, Hardware, Services
3) By Application: Movies, Advertisements, TV Shows, GamingFor further insights on the visual effects market, request a sample here

Which region has the largest share of the visual effects market? What are the other regions covered in the report?

North America was the largest region in the visual effect market in 2023. The regions covered in the visual effects market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the visual effects market, request a sample here.

Who are the major players in the visual effects market?

What are the key trends in the visual effects market?

Major trend in the visual effects market - revolutionizing visual effects by the rise of ai-powered green screens in the film and television industry. For further insights on the visual effects market, request a sample here.

What are the major opportunities in the visual effects market? What are the strategies for the visual effects market?

For detailed insights on the major opportunities and strategies in the visual effects market, request a sample here.

How does the visual effects market relate to the overall economy and other similar markets?

For detailed insights on visual effects market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the visual effects industry?

For detailed insights on the mergers and acquisitions in the visual effects industry, request a sample here.

What are the key dynamics influencing the visual effects market growth? SWOT analysis of the visual effects market.

For detailed insights on the key dynamics influencing the visual effects market growth and SWOT analysis of the visual effects industry, request a sample here.