Global VFX Software Market Overview:
VFX software is also known as visual effects software is used to produce and manipulate computer-generated imagery outputs that can be expensive, dangerous or impossible to produce in real life. Its critical uses include motion graphics & compositing. Its expediency and various uses make it the ideal tool for film making and other video content making. This software is used in various applications such as Medical Animation, Architecture Visualization, Mechanical Animation, Forensic Animation, Animation in Education and others.
Growth Drivers
- The Rising Demand For Visual Effects in Film And Entertainment Sectors Leads to the Growth of VFX Software
- Increasing Demand for Content Creation Through VFX Software for Smart Classes in Transforming Education Sector
- The Rising Demand for Animated Recreations of Incidents in Forensics Leads to the Growth in VFX Software
- The Demand for Virtual Landscaping and Moving Peoples in Architecture Industry Is Growing
Opportunities
- Adoption of Virtual Reality and Augmented Reality Techniques in VFX Software
Challenges
- Availability of Open Source VFX Software
Competitive Landscape:
Some of the key players profiled in the report are Adobe Inc. (United States), Autodesk, Inc. (United States), Dream Works Animation (United States), Studio Ghibli (Japan), SideFX (Canada), Fusefx, Inc. (United States), Blackmagic Design (Australia), The Walt Disney Company (United States), The Foundry Visionmongers (United Kingdom), Boris FX (United States), Red Giant, LLC (United States), Corel Corporation (Canada), Avid Technology (United States), FXhome Limited (United Kingdom), Milk VFX (United Kingdom) and BlueBolt (United Kingdom). Analyst at AMA Research see United States Players to retain maximum share of Global VFX Software market by 2026. Considering Market by Enterprise Size, the sub-segment i.e. Small and Medium Enterprise will boost the VFX Software market. Considering Market by Industry Vertical, the sub-segment i.e. Media and Entertainment will boost the VFX Software market. Considering Market by Deployment, the sub-segment i.e. On-Premise will boost the VFX Software market.
In January 2019, Google LLC, A Technology Company That Specializes In Internet-Related Services and Products Comes In a Partnership with Sony Pictures Imageworks Inc., a Canadian Visual Effects and Computer Animation Company and Launched Open-Source VFX Render Manager
What Can be Explored with the VFX Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global VFX Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in VFX Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global VFX Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in VFX Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.