Japan Virtual Production Market Size & Outlook, 2023-2030
Japan virtual production market, 2018-2030 (US$M)
Related Markets
Japan virtual production market highlights
- The Japan virtual production market generated a revenue of USD 157.3 million in 2023 and is expected to reach USD 562.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 20% 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 157.3 million |
| Market revenue in 2030 | USD 562.8 million |
| Growth rate | 20% (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, Japan accounted for 7.5% 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 Asia Pacific, China virtual production market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 507.1 million by 2030.
Software was the largest segment with a revenue share of 41.77% in 2023. Horizon Databook has segmented the Japan virtual production market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is also expected to account for a significant share over the forecast period. The increasing adoption of advanced content production technology is anticipated to fuel the market demand. The need for VFX has increased over time due to the development of AI and ML technology.
For instance, in 2021, Hibino partnered with ROE Visual to create a virtual production facility in Japan. One of the biggest AV suppliers in Japan, The Hibino Group, provides a range of goods and services. Hibino, a pioneer in live music and events, has expanded its offerings with the addition of a VFX company.
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Virtual Production Market Scope
Virtual Production Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan virtual production market size, by component, 2018-2030 (US$M)
Japan Virtual Production Market Outlook Share, 2023 & 2030 (US$M)
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