Post-production Market Key Players, Trends, Growth Opportunities and Industry Forecast till 2025
“Globally, the market is predicted to grow at a CAGR of 7.94%, providing numerous opportunities for market players to invest for research and development in the postproduction market.�
The global post-production market is subject to witness a substantial growth due to the emergence of digital transformation in the media sector. Digitalization is considered as major trend driving the growth of the market over the forecast period. Digital transformation in the media sector has led to incorporation and variation of new business and operating models, thus creating a joint, multi-functional and an on-thedemand digital platform. Above-mentioned factors are expected to drive the growth of the market over the forecast period. Globally, the market is predicted to grow at a CAGR of 7.94%, providing numerous opportunities for market players to invest for research and development in the post-production market. Increasing penetration of modern technologies such as Internet Protocol Television (IPTV) across the globe and online streaming services are expected to boost market growth in the upcoming years. Increasing focus towards adoption of the cost-effective delivery solution such as High Definition (HD) content by various service operators across the globe is expected to fuel the growth of post-production market in the near future. Introduction number of online streaming services such as Netflix, Amazon Prime and Hulu are changing overall perspective of watching television. Such services are offering commercial content to user while charging on monthly basis. Moreover, easy availability of DVR services allows users to skip commercials, thus contributing significantly to market growth over the forecast period.