UK Virtual Production Market Size & Outlook, 2023-2030
UK virtual production market, 2018-2030 (US$M)
Related Markets
UK virtual production market highlights
- The UK virtual production market generated a revenue of USD 213.1 million in 2023 and is expected to reach USD 695.9 million by 2030.
- The UK market is expected to grow at a CAGR of 18.4% 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 213.1 million |
| Market revenue in 2030 | USD 695.9 million |
| Growth rate | 18.4% (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, UK accounted for 10.1% 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 41.76% in 2023. Horizon Databook has segmented the UK virtual production market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The U.K. government recently revealed substantial investment in the country's creative sectors, including virtual production. This expenditure is anticipated to contribute to developing the infrastructure required to support the rising demand for virtual production services, including sound stages and virtual production facilities.
Real-time rendering technology allows filmmakers and production teams to see and manipulate virtual environments in real-time rather than waiting for post-production. This technology has become increasingly popular in the U.K. and is expected to become even more prevalent in the coming years.
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Virtual Production Market Scope
Virtual Production Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK virtual production market size, by component, 2018-2030 (US$M)
UK Virtual Production Market Outlook Share, 2023 & 2030 (US$M)
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