Computer-Generated Imagery (CGI) market size reached USD 3.18 Billion in 2020 and is expected to register a revenue CAGR of 19.9%, during the forecast period, Increasing demand for more cost-effective animation tools and need to improve brand credibility are some key factors driving global computer-generated imagery market revenue growth. Increasing need for creating better options for film scene creation and presentation is also expected to boost revenue growth of the market to a significant extent.
A novel report on global Computer Generated Imagery market is published by Emergen Research, offering current developments and emerging trends of the market. The report offers a comprehensive overview of the market along with details about market size, market share, revenue growth, and top companies. The report covers all crucial and essential information related to global Computer Generated Imagery market to help readers, investors, clients to gain a thorough understanding of the market and invest accordingly. Various advanced statistical tools such as SWOT analysis or Porter’s Five Forces are used in the report.
Computer-generated imagery solutions are used to transform many situations, including bringing scenes to life, changing a sunny day into a stormy day, morphing one component into another, and many other normally impossible to do actions or effects, allowing filmmakers to have a variety of alternatives when creating an attractive scene. This factor is expected to continue to drive market revenue growth going ahead.
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The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Computer Generated Imagery market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.
Companies profiled in the global Computer Generated Imagery market:
Industrial Light and Magic LLC, Mill Digital Media Ltd., Moving Picture Company (MPC) Ltd., Deluxe Media, Inc., Weta Digital Ltd., Double Negative Ltd., Sony Pictures Imageworks, Inc., Framestore Ltd., Animal Logic Pty Ltd., and Pixomondo Studios GmbH & Co. KG.
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Some Key Highlights From the Report
3D CGI segment revenue is expected to expand at a significantly robust CAGR during the forecast period owing to rising need for brand recall and recognition among advertisers, which is essential in creating and maintaining a positive image about brand/s among customers/consumers.
Pre-visualization segment is expected to lead in terms of revenue over the forecast period owing to rising demand among filmmakers and game developers, since this solution is utilized to visualize complicated/complex scenes to be seen in a movie or game before filming or producing the actual scenes.
North America market is expected to register faster revenue CAGR than other regional markets due to robust presence of various major film production companies, as well as increasing number of film studios, which is expected to increase adoption of computer-generated imagery solutions.
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Emergen Research has segmented the global Computer-Generated Imagery (CGI) market on the basis of type, application, end-use, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
Application Outlook (Revenue, USD Billion; 2018–2028)
End-Use Outlook (Revenue, USD Billion; 2018–2028)
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Key Features of the Computer Generated Imagery Market Report:
The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
Evaluation of key current and emerging market trends and growth prospects
It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
Brief overview of industry with regards to research and development, technological advancements, and product development
In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
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