Unprecedented Growth, Better Explanation & The Man of the Match
From movies to corporate animation to kid's educational videos, visual effects (VFX) has become an important aspect of their success. Starting from intriguing backgrounds to the real-like animation characters, to giving life to compelling stories, VFX has travelled a long path. Hence it is estimated that the global VFX software market size will reach $1.44 billion by 2026, growing at a CAGR of 12.7 percent (as per a recent report by Allied Market Research). Yet another report by EMR says that the year 2020 valued the VFX industry globally at $26.64 billion and expected to reach $49.83 by 2026 growing at a CAGR of 11 percent.
So how is India doing among the nations contributing to this growth? The VFX and post-production industry across India was estimated to worth nearly $147 billion by 2024 (Statistica). What is fascinating is the fact that VFX is among the few industries that saw unprecedented growth during the pandemic as more people turned learning online, whether it's kids, students or professionals. Even our movie industry is competing with global players and hence to give an unparalleled effect that is equal to international standards, VFX industry is gearing to catch up with the international quality. And with video content gaining higher momentum, VFX will become a permanent part of the marketing and advertising industry too. Having to deliver presentations to clients and investors from far off place needs more creative ways to explain, and VFX will do that magic to win customers and investors.
If you are looking at such investments and find the cutting-edge VFX studios, we at siliconindia bring to you `10 Most Promising Visual Effects Studios 2021'. Our panel of experts comprising industry veterans, CEOs, marketing and advertising experts, along with our Editorial Board together have shortlisted and finalized the companies. We bring to you their story of success, offerings, expertise and how they are making a difference in the lives of their clients. Read to know more about them.
Do let us know what you think!
So how is India doing among the nations contributing to this growth? The VFX and post-production industry across India was estimated to worth nearly $147 billion by 2024 (Statistica). What is fascinating is the fact that VFX is among the few industries that saw unprecedented growth during the pandemic as more people turned learning online, whether it's kids, students or professionals. Even our movie industry is competing with global players and hence to give an unparalleled effect that is equal to international standards, VFX industry is gearing to catch up with the international quality. And with video content gaining higher momentum, VFX will become a permanent part of the marketing and advertising industry too. Having to deliver presentations to clients and investors from far off place needs more creative ways to explain, and VFX will do that magic to win customers and investors.
If you are looking at such investments and find the cutting-edge VFX studios, we at siliconindia bring to you `10 Most Promising Visual Effects Studios 2021'. Our panel of experts comprising industry veterans, CEOs, marketing and advertising experts, along with our Editorial Board together have shortlisted and finalized the companies. We bring to you their story of success, offerings, expertise and how they are making a difference in the lives of their clients. Read to know more about them.
Do let us know what you think!
