Special Effects & Other Video Post-Production Services Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 2/12/2024
SIC Codes: 7819
NAICS Codes: 512191
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Special Effects & Other Video Post-Production Services Industry Profile

Companies in this industry provide specialized motion picture or video post-production services, such as editing, film/tape transfers, subtitling, credits, closed captioning, animation and special effects. Major companies include Deluxe, and Disney's Industrial Light & Magic (all based in the US), as well as Animal Logic (Australia), Cinesite (the UK), Reliance MediaWorks (India), Sony Pictures Imageworks (Canada), and Technicolor Creative Studios (France).

The global special effects services market size is forecast to reach about $10 billion by 2027, at a compound annual growth rate of 11.6% during 2021-2027, according to Industry Research. Canada has incentives for the development and screen production, according to Canada.ca. While countries in Europe such as France and the UK have video game development tax incentives as well.

The US post-production services and other motion picture and video industries includes about 2,600 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $5 billion.

COMPETITIVE LANDSCAPE

Demand is driven by the film and video industry, which depends on consumer spending and leisure time. The profitability of individual companies depends on creative and technical expertise, accurate bidding, and a steady volume of work. Large companies have advantages in breadth of services and timely delivery of complex projects. Small companies can compete effectively by providing specialized services and focusing on local markets and lower-cost projects.

The US industry is concentrated: the top 50 companies account for about ...

 
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