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Visual Effects Services (VFX) Market Will Generate Record Revenue by 2029

11-03-2023 08:25 AM CET | IT, New Media & Software

Press release from: Orion Market Research

Visual Effects Services (VFX) Market Will Generate Record

The global visual effects services (VFX) market is anticipated to grow at a CAGR of 8.2% during the forecast period (2023-2030). The market's growth is attributed to the growing demand for exposure to digital content, that has increased across the globe. The popularity of streaming services, internet video, and digital media consumption has increased the requirement for visually appealing material. As a result, there is now a greater demand for VFX services to raise the level of quality and the attraction of digital material. VFX studios are essential in assisting content producers in providing audiences with visually arresting and captivating experiences. Accordingly, market players are coming up with new products to cater to the demand for digital content. For instance, in February 2022, Troubled Muse launched a Shreveport, Louisiana, animation and visual effects (VFX) studio funded by the Louisiana Entertainment Job Creation Programme. Troubled Muse produces original digital content with a focus on motion capture, visual effects, and animation for television and major movie pictures.

Accordingly, market players are coming up with new products to cater to the demand for cloud-based production. For instance, in April 2021, Amazon Web Services launched a new all-in-one cloud-based production platform named Amazon Nimble Studio that allows VFX and animation companies to build up a whole studio in the cloud. The platform allows consumers access to combined cloud storage, virtual workstations powered by Nvidia, and integrated online renderfarm management built on Thinkbox Deadline from AWS.

To Request a Sample of our Report on Visual Effects Services (VFX) Market:  https://www.omrglobal.com/request-sample/vfx-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Type
By Application
By Technology

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- includes Animal Logic Group, Cafe FX, Cinesite VFX Ltd., Digital Domain 3.0, Inc., and DNEG PLC, among others.

A full Report of Visual Effects Services (VFX) Market is Available @  https://www.omrglobal.com/industry-reports/vfx-market

Visual Effects Services (VFX) Market Report Segment

By Type

Simulation FX
Animation
Modelling
Matte Painting
Compositing

By Application

Movies
Television
Gaming
Advertisements
Others

By Technology 

Artificial intelligence (AI) 
Augmented reality (AR)

Visual Effects Services (VFX) Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Animal Logic Group
Cafe FX
Cinesite VFX Ltd.
Digital Domain 3.0, Inc.
DNEG PLC
Framestore
Ghibli Studio Merch
ImageWorks, LLC
Nbcuniversal Media, LLC
Scanline VFX
Silicon Graphics
Sony Pictures Entertainment Inc. 
The Walt Disney Co.
Tippett Studio
W?t? FX Ltd.

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/vfx-market

 

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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