Companies In The Film and Video Industry Are Using Technologies Such As Virtual Production For Enhanced Product Quality

By Benzinga1 day ago


LONDON, Jan. 14, 2021 (GLOBE NEWSWIRE) -- New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact:

According to The Business Research Company's film and video market report, film and video companies are increasingly using virtual production techniques in film making. With the world becoming more and more virtual each day and especially during the COVID-19 lockdowns last year, film industry analysis also shows film makers using virtual production to imagine the film prior to its making for increasing complex action and visual effects. For example, in ‘Solo: A Star Wars Story', film makers used virtual cameras to create realistic camera movements in the space battles. In this technology, the camera was used to film digital models of space crafts by allowing for a natural camera motion. Virtual cameras were used in the filming the remake of ‘The Lion King'. Using virtual cameras in the USA, filmmakers filmed photorealistic lions in Africa, and then VR headsets were synchronized so that the director and camera crew could walk among the lions as if they were present. This enabled the director to have a first-person perspective, and thus enhance the quality of filming.

The global film and video market reached a value of nearly $234.9 billion in 2020, having increased at a compound annual growth rate (CAGR) of 2.4% since 2015. The market is expected to reach $318.2 billion by 2025, and $410.6 billion by 2030.

The Business Research Company's report titled Film And Video Global Market Report 2021: COVID-19 Impact and Recovery to ...

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