France Virtual Production Market Size & Outlook, 2023-2030
France virtual production market, 2018-2030 (US$M)
Related Markets
France virtual production market highlights
- The France virtual production market generated a revenue of USD 102.2 million in 2023 and is expected to reach USD 342.4 million by 2030.
- The France market is expected to grow at a CAGR of 18.9% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Virtual production market data book summary
| Market revenue in 2023 | USD 102.2 million |
| Market revenue in 2030 | USD 342.4 million |
| Growth rate | 18.9% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Adobe Inc, AGC Inc, Autodesk Inc, Epic Corp, HTC, NVIDIA Corp, The Walt Disney Co, Grom Social Enterprises Inc |
Other key industry trends
- In terms of revenue, France accounted for 4.8% of the global virtual production market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK virtual production market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 342.4 million by 2030.
Software was the largest segment with a revenue share of 41.78% in 2023. Horizon Databook has segmented the France virtual production market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The COVID-19 pandemic has accelerated the demand and adoption of virtual production technologies in France. With social distancing measures in place, many film and television productions turned to virtual production to continue filming for the movies and web series. For instance, the French film "Eiffel" used virtual production to recreate the Parisian landscape during the 19th century.
The increase in the demand for the gaming industry in France is collaborating with the virtual production industry to develop new advanced technologies and applications to fuel the growth of the market revenue in the region.
For instance, Ubisoft, a prominent French video game company, has developed a virtual production tool called "CineTools" that allows filmmakers to use assets from Ubisoft's games in their productions.
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Virtual Production Market Scope
Virtual Production Market Companies
| Name | Profile | # Employees | HQ | Website |
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France virtual production market size, by component, 2018-2030 (US$M)
France Virtual Production Market Outlook Share, 2023 & 2030 (US$M)
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