The global 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, according to latest analysis by Emergen Research. 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.
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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However, high initial costs are expected to hamper growth of the global computer-generated imagery market to some extent over the forecast period.
The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Computer Generated Imagery Market industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.
Report Objective:
The report offers a complete analysis of the global Computer Generated Imagery market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreements, and collaborations. 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. are some of the top companies profiled in the report.
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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)
2D CGI
3D CGI
Application Outlook (Revenue, USD Billion; 2018–2028)
Pre-visualization
3D Modelling
3D Animation
Special Effects
End-Use Outlook (Revenue, USD Billion; 2018–2028)
Television
Film
Video Game
Advertising
Others
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
Valuable Market Insights:
The report highlights the latest trends observed in the consumption pattern of each regional segment.
Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Computer Generated Imagery market.
The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
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About Us:
At Emergen Research, we believe in advancing with technology. We are growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.