Global Visual Effects Market
Information Technology

Understand How The Visual Effects Market Is Set To Grow In Through 2024-2033

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033


Explosive Growth and Evolution

  • Market size surged from $10.73 billion in 2023 to $11.82 billion in 2024, with a CAGR of 10.1%.
  • Growth fueled by user experience expectations, increased budgets, and digital streaming platforms.
  • Film and entertainment industry’s expansion adds momentum to market growth.


A Glimpse into the Future: Projections and Trends

  • Anticipated growth to $17.51 billion by 2028, exhibiting a CAGR of 10.3%.
  • Forecast attributes growth to evolving content consumption patterns and augmented reality.
  • Major trends include the fusion of practical and digital effects, sustainable production, and personalization.


Digital Video Streaming Services: The Prime Catalyst

  • Surge in digital streaming services demand drives the need for high-quality visual effects.
  • Notable increase in subscribers on platforms like Netflix underscores this trend.
  • Key market players include Digital Domain Holdings, Rodeo FX, and Sony Pictures Entertainment.


Read The Full Visual Effects Market Report Here:


AI-Powered Revolution: Transforming Visual Effects

  • Technological advancements lead the charge in visual effects innovation.
  • Netflix’s AI-powered green screen promises superior accuracy and efficiency.
  • AI reshaping film and television industries, offering quicker, lifelike effects.


Strategic Acquisitions: A Game-Changer for Market Dynamics

  • Sony Pictures Entertainment’s acquisition of Pixomondo Global enhances visual effects capabilities.
  • Aim to meet escalating demand for top-notch content in the entertainment sector.
  • Acquisition poised to strengthen Sony’s position in virtual production and visual effects.


Segmentation Insights

  • Market segmentation by type includes matte painting, motion capture, and concept art.
  • Components encompass software, hardware, and services.
  • Applications span movies, advertisements, TV shows, and gaming.


Regional Dominance: North America Leads the Way

  • North America emerges as the largest region in the visual effects market in 2023.
  • The region’s dominance underscores its pivotal role in driving market dynamics.


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The Visual Effects Global Market Report 2024  provides an overview of the visual effects market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The visual effects market forecast analyzes visual effects market size, visual effects market share, leading competitor and their market positions.


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