Set in motion: rising film and TV productions will boost industry revenue growth
Video Postproduction Services in the US The Video Postproduction Services industry has experienced growth over the past five years. Although demand for industry services from film production has been slow, the boom in TV and streaming media has increased industry revenue substantially. Furthermore, the proliferation of mobile devices with varying screen dimensions has raised demand for reformatting and screen conversion. Over the next five years, the industry’s revenue growth will likely slow following the initial surge of streaming video-related demand. Moreover, persistently high concentration of video production among the major Hollywood studios will likely lead to some insourcing of postproduction services as these studios seek to cut costs in an increasingly competitive video content market.
The Video Postproduction Services industry includes businesses that prepare motion pictures for public distribution by performing editing, subtitling, closed captioning, animation and other special effects services. Companies that are involved in movie or TV production and perform postproduction activities in-house are excluded from this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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