Apr 07, 2020 (The Expresswire) -- " Post-production Market " report provides an extensive analysis of the current and emerging market trends and dynamics in the global Post-production Market. The report provides single comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East and Africa, and Latin America. Annual estimates and forecasts are provided for the period 2019 through 2023. Also, a five-year historic analysis is provided for these markets. Also, a comprehensive analysis of factors that drive and restrict the growth of the market is provided.
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Global Post-production Market: About this market
Post-production facilities are equipped with advanced technologies, including video editing software and a non-linear editing system. Technavio’s post-production market analysis considers sales from movies, television, commercials, and online videos. Our analysis also considers the sales of post-production in APAC, Europe, North America, South America, and MEA. In 2018, the movies segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing movie budget and high spending on post-production will play a significant role in the movies segment to maintain its market position. Also, our global post-production market report also looks at factors such as the success of movies and TV shows due to high use of animation, the digital transformation of post-production processes, growing online content consumption, access to external expertise with the advantage of cost reduction. However, high cost of technologies used in post-production, concerns related to privacy and authenticity of content, limitation in availability of content, lack of appropriate licensing and legal regulations may hamper the growth of the post-production industry over the forecast period.
Post-production Market Trend, Challengeand Driver: -
Global Post-production Market: Overview
Digital transformation of post-production processes
Digital transformation is crucial as it creates a collaborative, multi-platform, and demand-based digital environment. It helps in modifications and implementation of new business and operating models. Post-production digital transformation based on the cloud provides various advantages, such as end-to-end solutions, compared with standalone project management. The changing nature of the media and entertainment industry in terms of content distribution, collapsing release windows, collaborative content production, emerging revenue models, and challenges related to infrastructure are resulting in a transformation of the traditional workflow. Hence, digital technologies are fundamentally changing the traditional sequential approach to the post-production process and, thereby, driving the market at a CAGR of over 7% during the forecast period.
Growth in digital marketing
Digital marketing is one of the key factors for the growth of the media and entertainment industry, which promotes the growth of the global post-production market. Digital marketing enables the business in customer engagement, helps in increasing brand awareness, and reaching out to potential customers. Social media networks have become more visual-oriented by constantly re-designing platforms to nurture of visual content. The popularity of social media has bridged the gap between consumers and marketers as it has a higher engagement rate than text content. As visuals are the primary source of content across media networks, the growth of social media networks will contribute to the revenues of the global post-production market during the forecast period. This development is expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global post-production market during the forecast period 2019-2023, click here.
With the presence of several major players, the global post-production market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading post-production manufacturers, that include ATandT Inc., Comcast Corp., Sony Corp., The Walt Disney Co., and Viacom Inc.
Also, the post-production market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Porter’s five forces analysis included in the report educates the buyer on the current situations along with anticipated future Post-production market size.
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Key vendors operating in 2019 Post-production market space are-
ATandT Inc., Comcast Corp., Sony Corp., The Walt Disney Co., and Viacom Inc.
This market research study provides a detailed qualitative and quantitative analysis of the Global Post-production Market 2019-2023. It provides a comprehensive review of major drivers and restraints of the market. Major companies are profiled in this report. Various secondary sources, such as annual reports, industry journals, forums, blogs, paid and free databases to identify and collect information useful for this extensive commercial study of Global Post-production Market 2019-2023 have been used. The primary sources, experts from related industries and suppliers, have been interviewed to obtain and verify critical information as well as to assess the future prospects of Global Post-production Market 2019-2023.
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Following are the objectives of The 2019 Post-production Market Report:
Highlights key business priorities in order to assist companies to readjust their business strategies.
The key findings and recommendations highlight crucial progressive Post-production Market Trends Globally, thereby allowing players to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Examine in-depth global Post-production Market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that support commercial interest with respect to products, segmentation and industry verticals.
Table of Contents included in Post-production Market 2019 Report -
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market segmentation analysis
PART 04: PIPELINE ANALYSIS
PART 05: MARKET SIZING
Market sizing 2019
Market size and forecast 2019-2023
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers