Top Companies in VFX Market | Industry Top Companies In-depth and Comprehensive Research Report 2022-2030 | Vantage Market Research
Visual effects, also known as VFX, are special effects that strongly reflect the visual depiction of the plot and have been used in movies since most of the earliest.
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Market Overview:
The Global VFX Market was valued at USD 26.3 Billion in 2021 and is expected to reach a value of USD 48.9 Billion by 2028. The Global Market is anticipated to grow exhibiting a Compound Annual Growth Rate (CAGR) of 10.9% over the forecast period. The stop-motion animation started as a special effect, basically done in the camera. Soon, other methods were invented to create more VFX in post-production. Such results progressed to the point that differentiation would be required between special effects and VFX. The VFX is entirely done in post-production, and in some cases during the film era, the elements were created in the camera itself. The basic principles of many such VFX have remained the same. However, the tools used in creating or preparing them have changed indeed. VFX includes the addition of live-action footage that might contain in-camera special effects and generated imagery (animals or creatures, digital or optics) that look realistic but can be dangerous and impractical, expensive, time-consuming, or not possible to capture on film. In recent times, VFX through computer-generated imagery (CGI) is becoming easier to get to the independent filmmaker with the launch of inexpensive and quite accessible animation and compositing software. Moreover, nowadays, VFX is extensively utilized in almost all movies produced. Also, television series & web series are known to make use of VFX.
The rise in demand for high-quality content is significantly fuelling the VFX market expansion. Furthermore, the growing adoption of digital video content platforms like Netflix, Amazon Prime Video, and Hulu is creating the need for rich content and VFX of all types. Movie studios are also trying to include more animation and VFX-based shots into their films & television series. As a result, studios started investing in VFX to produce feature-rich high-quality content and contend with other digital video streaming service providers, likely influencing the global VFX market growth in the future.
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Some of the key players operating in the VFX Market are listed below:
|
Company Name |
Revenue in the US |
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$59 Billion |
|
$1 Billion |
|
$67 Billion |
|
<$5 Million |
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<$5 Million |
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<$5 Million |
|
$87 Million |
|
$3 Billion |
|
$18 Million |
|
$1 Billion |
Headquartered in Minato City, Tokyo, Japan, the Sony Group Corporation, known as Sony and stylized as SONY, is a Japanese multinational company operating as one of the world's largest manufacturers of consumer & professional electronic products. Also, it is the largest video game console company and the largest video game publisher, recognized as the most cash-rich Japanese company.
Formed in 1986, Framestore is a British animation, visual effects company, and creative studio based on Chancery Lane in London. It was acquired and later merged with the Computer Film Company in 1997. It works on feature films & television, commercials & immersive projects, VR experiences, theme park attractions, and digital signage. In addition, the company delivers images for television drama, feature films, advertising, internet, mobile phone applications, and console and online games. Also, it is Europe's largest post-production house.
The Walt Disney Co. is an American multinational mass media & entertainment company located at the Walt Disney Studios complex in Burbank, California. It is also known as Disney, founded on October 16, 1923, by Walt and Roy O. Disney brothers as the Disney Brothers Studio. The company established itself as an American animation business leader by creating an extensively well-liked character Mickey Mouse, the company's mascot, and the start of animated films.
Headquartered in Montreal, Canada, Rodeo FX is the visual effects company occupied in projects in the film, television, and advertising business. The company has studios in Montreal, Munich, Quebec City, and Los Angeles. The company was founded in 2006 by Sébastien Moreau and started creating visual effects for feature films in 2007. Also, the company started making visual effects for television for the first time in 2013, producing more than 150 visually altered shots for the 4th season of the HBO fantasy series, Game of Thrones.
DIGITALIDEA (DI), one of the top VFX studios in Korea, is the leader in the movie industry as a prominent visual effects (VFX) studio, taking part in various film projects at the national level and beyond as well as contributing to the development of the film and visual entertainment industries worldwide.
Deluxe Media Inc., previously known as Deluxe Entertainment Services Inc., is an American media company founded in 1915 by producer William Fox. Their clients include motion picture groups, digital content providers, television studios, and advertising agencies. The company's headquarters are in Los Angeles and New York, with operations in 25 media markets. Also, they have been recognized with ten Academy Awards for scientific and technical achievement, plus developments in CinemaScope pictures.
Digital Domain is American visual effects and digital production corporation headquartered in Los Angeles, California. The company is recognized for producing digital images for advertising, feature films, and games from its sites in California & Vancouver, British Columbia, Canada, which include its virtual production studio.
Headquartered in Paris, France, Technicolor SA is a Franco-American multinational corporation that offers creative services & technology products for the communication, media and entertainment businesses. Technicolor Creative Studios creates visual effects and animation for the entertainment, marketing, and advertising industries, which consist of The Mill, Moving Picture Company, Mikros Animation, and Technicolor Games.
Hydraulx VFX Ltd. is the uniquely designed and operated award-winning visual effects facility headquartered in Santa Monica, California. As a complete service visual effects house, the company has the versatility to offer high-quality visual effects despite the size or range of the project.
Eastman Kodak Company is an American public company that makes different products regarding its historical basis in analog photography. Kodak, best known for photographic film products, is located in Rochester, New York, and is incorporated in New Jersey. The company offers functional printing, packaging, graphic communications, and professional services for businesses worldwide. The company’s primary business segments involve Enterprise Inkjet Systems, Print Systems, Software and Solutions, Micro 3D Printing and Packaging, and Consumer and Film.
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