The global virtual production market is anticipated to grow at a considerable CAGR of around 13.9% during the forecast period (2024-2031). The companies are putting effort to bring new products in the market is likely to surge the demand for the virtual production market. Additionally, expansion in product lines by key players to support the market during the forecast period. For instance, in October 2020, Epic Games announced the virtual production primer, a new addition to its free library of unreal online learning resources. The Virtual Production Primer provides more than 15 hours of curated content in a self-paced learning path, featuring eight courses and 10 videos designed to teach the fundamentals of the unreal engine and real-time production, and how these skills and techniques may be applied to the emerging area of virtual production.
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- In October 2020, NVIDIA announced an omniverse open beta, letting designers collaborate in real-time, from home or around the globe. NVIDIA breakthroughs in graphics, simulation, and AI, Omniverse is the world’s first NVIDIA RTX, based 3D simulation and collaboration platform that fuses the physical and virtual worlds to simulate reality in real-time and with photorealistic detail.
- In October 2019, HumanEyes a 3D-Virtual Reality developer announced the release of the HumanEyes Cloud 1.0 Beta. It is a suite of cloud-based production services and hosting options for VR content creators. The HumanEyes Cloud uses forward-compatible 5G and Edge Computing solutions. HumanEyes says the service will provide users “direct” upload capabilities and moves processor-intensive work to the cloud. That work includes stitching, stabilization, and image alignment of 360-degree and VR 180 pictures and videos.
- In October 2019, Boris FX Continuum 2020 is available to film and television editors and artists faced with tight deadlines. The release of the post-production industry’s most comprehensive plugin collection offers powerful new effects, transitions, and tools to help users work at their most efficient when tasked with an ever-increasing daily VFX workload. Continuum 2020 supports Adobe After Effects and Premiere Pro, Apple FCP X (and Motion 5), Avid Media Composer, Blackmagic Design DaVinci Resolve, Foundry Nuke, and VEGAS Pro.
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Market Coverage
- Segment Covered-
o By Component
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- 360Rize, Adobe Inc., Autodesk Inc., Epic Games Inc., HTC Corp., NVIDIA Corp., Mo-Sys Engineering Ltd., Panocam3d.com, SideFX, Vicon Motion Systems Ltd., Walt Disney Co., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Virtual Production Market Report by Segment
By Component
- Hardware
- Software
- Services
By End-User
- Movie
- TV series
- Commercial Ads
- Online Video
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