Global Post-production Market 2019-2023 | 7% CAGR Projection Over the Next Five Years | Technavio

By Associated Press 07 August 2019, 12:00AM

LONDON--(BUSINESS WIRE)--Aug 6, 2019--

The global post-production market is expected to post a CAGR of more than 7% during the period 2019-2023, according to the latest market research report by Technavio.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190806005482/en/

Technavio has announced its latest market research report titled global post-production market 2019-2023. (Graphic: Business Wire)

Digital technologies are fundamentally changing the traditional sequential approach to the post-production process. Digital transformation has become crucial as 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. Thus, digital transformation is expected to influence the post-production market over the next five years.

As per Technavio, the growth in digital marketing will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global post-production market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Post-Production Market: Growth in Digital Marketing

Marketers are increasingly spending money on digital marketing as it allows them to improve customer engagement, increase brand awareness, and reach out to potential customers. Moreover, social media platforms are increasingly being used by marketers to promote their offerings through video advertisements. As visuals are the primary source of content across media networks, the growth of digital marketing will contribute to the revenues of the post-production market during the forecast period.

“Apart from the growth in digital marketing, other factors such as the increasing popularity of VR and 360-degree video content, and the rise in adoption of partnership and acquisition strategies will have a significant impact on the growth of the post-production market value during the forecast period,” says a senior analyst at Technavio.

Global Post-Production Market: Segmentation Analysis

This market research report segments the global post-production market worth by application (movie, television, commercials, and online videos), and geographic regions (North America, APAC, Europe, MEA, and South America)

The North America region led the post-production market in 2018, followed by APAC, Europe, MEA, and South America, respectively. The growth of the post-production market share in North America can be attributed to factors such as significant improvements in broadband penetration and Internet speed, and the growing media and entertainment, telecom, and education sectors.

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Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at [email protected].

View source version on businesswire.com:https://www.businesswire.com/news/home/20190806005482/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 08/06/2019 09:45 AM/DISC: 08/06/2019 09:45 AM

http://www.businesswire.com/news/home/20190806005482/en

By Associated Press 07 August 2019, 12:00AM

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