Global Video Production Services Market Size, Status and Forecast 2021-2027

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.
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.

Market Analysis and Insights: Global Video Production Services Market
The global Video Production Services market size is projected to reach US$ 49260 million by 2027, from US$ 27650 million in 2020, at a CAGR of 8.6% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Video Production Services market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Video Production Services market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Video Production Services market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Video Production Services market.

Global Video Production Services Scope and Market Size
Video Production Services market is segmented by company, region (country), 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 Type and by Application in terms of revenue and forecast for the period 2016-2027.

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
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

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