Global Video Production Services Market Growth (Status and Outlook) 2023-2029

Global Video Production Services Market Growth (Status and Outlook) 2023-2029

Video production is more than simply pressing the record button on video camera. The process of creating a video from concept to completion consists of three phases: Pre-Production, Production and Post-Production. Phase one (Pre-Production) is where all the planning and coordination happens, phase two (Production) is when you capture all the elements that will be in your final video and phase three (Post-Production) is where all the elements get edited together and combined to create the final video.
LPI (LP Information)' newest research report, the “Video Production Services Industry Forecast” looks at past sales and reviews total world Video Production Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Video Production Services sales for 2023 through 2029. With Video Production Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Video Production Services industry.
This Insight Report provides a comprehensive analysis of the global Video Production Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Video Production Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Video Production Services market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Video Production Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Video Production Services.
The global Video Production Services market size is projected to grow from US$ 29380 million in 2022 to US$ 53430 million in 2029; it is expected to grow at a CAGR of 8.9% from 2023 to 2029.
Video production services are mainly classified into the following types: promotional videos, corporate videos, training videos and entertainment videos, and promotional videos is the most widely used type which takes up about 55.5% of the total sales in 2019.
North America is the largest region of video production services in the world in the past few years and it will keep increasing in the next few years. North Americ market took up about 37.3% the global market in 2019, while Europe and APAC were about 36.1%, 19.3%.
USA, UK, Spain, etc. are now the key developers of video production services. There are a few realatively big vendors developing video production services in China, such as Digital Domain, but their business performance are not good than that in North America and Europe.
WPP Group, Mediapro, Meredith Corporation, Spectrum Reach, Wieden + Kennedy, etc. are the key suppliers in the global video production services market. Top 5 took up more than 26% of the global market in 2019. WPP Group, Mediapro, Meredith Corporation, etc. which have leading technology and market position, are well-known suppliers around the world.
This report presents a comprehensive overview, market shares, and growth opportunities of Video Production Services market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Promotional Videos
Corporate Videos
Training Videos
Entertainment Videos
Segmentation by application
Film Industry
Advertisement Companies
Corporate and Training Institutes
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Grupo Secuoya
IProspect
Company 3
Meredith Corporation
Spectrum Reach
Wieden + Kennedy
Vital Design
ITP Media Group
Shootsta
Yello Digital Marketing
Flatworld Solutions
Digital Domain
Crystal CG

Please note: The report will take approximately 2 business days to prepare and deliver.