Global and United States Video Production Services Market Report & Forecast 2022-2028

Video production is more than simply pressing the record button on video camera. The process of creating a video from concept to completion consists of three phases: Pre-Production, Production and Post-Production. Phase one (Pre-Production) is where all the planning and coordination happens, phase two (Production) is when you capture all the elements that will be in your final video and phase three (Post-Production) is where all the elements get edited together and combined to create the final video.
Market Analysis and Insights: Global and United States Video Production Services Market
This report focuses on global and United States Video Production Services market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Video Production Services market size is estimated to be worth US$ 32830 million in 2022 and is forecast to a readjusted size of US$ 53860 million by 2028 with a CAGR of 8.6% during the review period. Fully considering the economic change by this health crisis, by Type, Promotional Videos accounting for % of the Video Production Services global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Film Industry was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Video production services are mainly classified into the following types: promotional videos, corporate videos, training videos and entertainment videos, and promotional videos is the most widely used type which takes up about 55.5% of the total sales in 2019.
North America is the largest region of video production services in the world in the past few years and it will keep increasing in the next few years. North Americ market took up about 37.3% the global market in 2019, while Europe and APAC were about 36.1%, 19.3%.
USA, UK, Spain, etc. are now the key developers of video production services. There are a few realatively big vendors developing video production services in China, such as Digital Domain, but their business performance are not good than that in North America and Europe.
WPP Group, Mediapro, Meredith Corporation, Spectrum Reach, Wieden + Kennedy, etc. are the key suppliers in the global video production services market. Top 5 took up more than 26% of the global market in 2019. WPP Group, Mediapro, Meredith Corporation, etc. which have leading technology and market position, are well-known suppliers around the world.
Global Video Production Services Scope and Market Size
Video Production Services market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Video Production Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Video Production Services market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Promotional Videos
Corporate Videos
Training Videos
Entertainment Videos
Segment by Application
Film Industry
Advertisement Companies
Corporate and Training Institutes
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Grupo Secuoya
IProspect
Company 3
Meredith Corporation
Spectrum Reach
Wieden + Kennedy
Vital Design
ITP Media Group
Shootsta
Yello Digital Marketing
Flatworld Solutions
Digital Domain
Crystal CG