Virtual Production Market Overview, Leading Company Analysis, Estimation, Dynamics, Growth Outlook, New Trends and Forecasts
The virtual production market is projected to grow from USD 2.6 billion in 2022 to USD 5.1 billion by 2027, at a CAGR of 14.5% from 2022 to 2027. The establishment of new virtual production studios is expected to create lucrative opportunities for the growth of the virtual production market shortly. Adobe Inc. (US), NVIDIA Corporation (US), Sony Group (Japan), Autodesk Inc. (US), Technicolor (France), HTC Corporation (Taiwan), Vicon Motion Systems Ltd (UK), SideFX (Canada), Epic Games (US), Mo-Sys Engineering Ltd. (UK), are some of the key players in the virtual production market . To retain their presence in the virtual production market, these players have adopted various growth strategies, such as product launches, acquisitions, expansions, partnerships, collaborations, mergers, and contracts. Product launches has been the most dominating strategy adopted by the key players from 2018 to 2022 to help them strengthen their product portfolio and broaden t