Post Production Market

Post Production Market witnessed USD 17,333 Million in 2019, growing at a robust CAGR of 5.7% during forecast period.

Post-production refers to all the stages of production occurring after shooting or recording individual program segments. It includes various tasks associated with cutting raw footage, assembling footage, editing, adding music, dubbing, and incorporating other visual and sound effects.

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High growth in the streaming media, increased production of movies and television shows, and rising trend of OTT platform are some of the major factors that are expected to boost the growth of post-production market. Additionally, increased penetration of internet coupled with the high adoption of mobile devices and growing online content consumption have further augmented the growth of the online video market, thereby contributing to the growth of the post production market. Moreover, digital transformation of post-production processes, rising demand of 3D and animated movies, and the increasing adoption of the cloud in post-production stage are expected to provide huge growth opportunities for the post production market. However, high cost of technologies used in post-production, lack of highly skilled professionals, and the outbreak of COVID-19 that adversely impacted the supply chain, which in tur, will hamper the growth of the market over the forecast period.

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Based on application, the market is segmented into movie, television, commercial, and online videos. The movie segment is expected to grow at a higher CAGR in the market primarily due to the rapidly growing movie and entertainment industry. Additionally, increasing popularity of 3D movies owing to the advanced audience experience of virtual reality together with the enhanced communication and distribution channels are further expected to support the growth of the market during the forecast period.

Based on technique, the market is segmented into VFX, audio processing, 2D-3D conversion, editing, and others. The VFX (visual effects) segment is anticipated to grow at a faster CAGR rate during the forecast period owing to the increase in the production of animated movies, television serials, and others, coupled with rising demand of high-definition (HD) videos and 3D animated videos.

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Based on the region, Asia-Pacific region is anticipated to dominate the post production market during the forecast period. This is primarily due to the surging film industry and rising demand of enhanced audio and visual effects in the post production of movies. Additionally, the growing economies including China, Japan, India, and South Korea, along with the increased spending on entertainment by people in the region is further augmenting the growth of the market. North America is projected to grow at a higher CAGR during the forecast period owing to the increasing investment the in entertainment industry in the region. Moreover, rapid economic development, increased standard of living and the growing demand of animated movies and shows are further supporting the market growth in the region.

Various notable players operating in the global Post Production market include AT&T Inc., Comcast Corporation, Eros International Plc, Lions Gate Entertainment Corp., Formosa Group, MGM Holdings Inc., Netflix Inc., Picture Shop, Prime Focus Ltd., Sony Corporation, The Walt Disney Company, and ViacomCBS Inc., among other companies. 

Key Developments:

• • In 2020, Formosa Group acquired Clatter & Din, Seattle-based postproduction house, which will be rebranded as Formosa Interactive Seattle. This is expected to enhance the business of the company in the post production market.
  • In 2020, Picture Shop, Los Angeles-based post production and VFX company acquired The Farm, a post production and studio services Group from WPP Plc. This is anticipated to enhance the product and service portfolio of the company.

The global Post Production market has been segmented on the application, technique, and region. Based on application, the market is segmented into movie, television, commercial, and online videos. Based on technique, the market is segmented into VFX, audio processing, 2D-3D conversion, editing, and others.

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Key questions answered in this research report:

• • At what pace is global Post Production market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Post Production market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Post Production market?
  • Which application generated maximum revenues in 2019 and identify the most promising application during the forecast period?
  • What are the various techniques of global Post Production market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Post Production Market by Application

• • Movie
  • Television
  • Commercial
  • Online Videos

Global Post Production Market by Technique

• • VFX
  • Audio Processing
  • 2D-3D conversion
  • Editing
  • Others

Global Post Production Market by Region

• • North America Post Production Market (Option 1: As a part of the free 25% customization)
    • North America Post Production Market by Application
    • North America Post Production Market by Technique
    • US Post Production Market All-Up
    • Canada Post Production Market All-Up
  • Europe Post Production Market (Option 2: As a part of the free 25% customization)
    • Europe Post Production Market by Application
    • Europe Post Production Market by Technique
    • UK Post Production Market All-Up
    • Germany Post Production Market All-Up
    • France Post Production Market All-Up
    • Spain Post Production Market All-Up
    • Rest of Europe Post Production Market All-Up
  • Asia-Pacific Post Production Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Post Production Market by Application
    • Asia-Pacific Post Production Market by Technique
    • China Post Production Market All-Up
    • India Post Production Market All-Up
    • Japan Post Production Market All-Up
    • Rest of APAC Post Production Market All-Up
  • RoW Post Production Market (Option 4: As a part of the free 25% customization)
    • RoW Post Production Market by Application
    • RoW Post Production Market by Technique
    • Brazil Post Production Market All-Up
    • South Africa Post Production Market All-Up
    • Saudi Arabia Post Production Market All-Up
    • UAE Post Production Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Post Production Market All-Up

Global Post Production Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • AT&T Inc.
  • Comcast Corporation
  • Eros International Plc
  • Lions Gate Entertainment Corp.
  • MGM Holdings Inc.
  • Netflix Inc.
  • Prime Focus Ltd.
  • Sony Corporation
  • The Walt Disney Company
  • ViacomCBS Inc. 
  • Picture Shop
  • Formosa Group