Emerging Suppliers and Innovation Opportunities in Video Post-Production Services Procurement, 2023-2030

No comments

Video Post-Production Services Category Overview

The video post-production services category is anticipated to grow at a CAGR of 13% from 2023 to 2030. Technological advancements such as AI, machine learning, and AR and VR have transformed the way videos are edited post-production. Automating post-production tasks such as arrangements of visual and audio, color correction, adding visual effects, and finishing touches are reshaping the video content creation and distribution. Technologies such as virtual reality, 360-degree video, machine learning, and artificial intelligence are expected to play crucial roles in this category. Additionally, the shift in consumer preference towards mobile-first video and the rising importance of social media platforms as distribution channels are driving the growth in the category.

 

Access the Video Post-Production Services Procurement Intelligence Report, 2023 – 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis

 

Real-time editing and collaboration are likely to boost over the forecast period. The rising cloud-based platforms and high-speed internet enables video editing teams to work remotely and collaborate on projects in real-time. This helps them to improve their productivity while enhancing the efficiency. Real-time editing enables instantaneous feedback, allowing a more creative and dynamic process.

 

Artificial Intelligence (AI) has impacted various industries, including video production. It has been advantageous to various production aspects, such as automated editing, image upscaling, and noise reduction. AI-powered algorithms can process vast amounts of data, making production tasks more efficient and cost-effective. It also enables to be more creative and flexible with respect to content creation and innovative kinds of storytelling. Additionally, with a rising focus on personalized content, service providers are increasingly moving towards tailoring media experiences to individual viewers. Dynamic metadata and adaptive editing techniques will enable customizing videos based on different preferences and languages.

 

Request for Sample Copy of the Video Post-Production Services Procurement Intelligence Report, 2023 – 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

 

Video Post-Production Services Procurement Intelligence Report Scope

The Video Post-Production Services category is expected to have pricing growth outlook of 5% – 5% (annual) from 2023 to 2030, with below pricing models.

  • Hourly Pricing
  • Competition-Based Pricing

 

Other Post You May Be Interested In

Supplier Selection Scope

  • Cost And Pricing
  • Past Engagements
  • Productivity
  • Geographical Presence

 

Supplier Selection Criteria

  • Types Of Video Production
  • Technology/Software Used
  • Quality
  • Expertise In Editing Videos
  • Years In Services
  • Regulatory Compliance
  • Others

 

Video Post-Production Services Procurement Intelligence Report Scope Coverage

Grand View Research will cover the following aspects in the report:

  • Market Intelligence along with emerging technology and regulatory landscape
  • Market estimates and forecasts from 2023 to 2030
  • Growth opportunities, trends, and driver analysis
  • Supply chain analysis, supplier analysis with supplier ranking and positioning matrix, supplier’s recent developments
  • Porter’s 5 forces
  • Pricing and cost analysis, price trends, commodity price forecasting, cost structures, pricing model analysis, supply and demand analysis
  • Engagement and operating models, KPI, and SLA elements
  • LCC/BCC analysis and negotiation strategies
  • Peer benchmarking and product analysis
  • Market report in PDF, Excel, and PPT and online dashboard versions

 

Video Post-Production Services Procurement Cost and Supplier Intelligence

Film production companies and advertising agencies seeking video editing services often have a good understanding of the post-production process. This can give them more negotiating power in terms of pricing and service expectations. Switching costs between post-production service providers would be relatively low, especially if the services are similar. This can increase the bargaining power of buyers. However, high-quality video, unique and creative editing, and specialized services can lower their power.

 

Staff salary, IT and software costs, office rent, utilities, and editors’ training costs are some of the key cost components in providing video post-production services. Other costs include IT maintenance costs, advertising and marketing costs, and travel costs. Video editing can cost, on average, USD 50 – 150 per hour. Software costs include expenses incurred for purchasing editing software and tools. Service providers usually charge per hour price. The price of rendering a 2-minute video can be around USD 30 to USD 75 per hour. The prices depend on the editing effects, duration of the process, and other factors.

 

Under sourcing intelligence, service providers have a complete in-house team of specialists in each field of editing, such as adding visual effects, animations, audio adjustments, color corrections, and experts for finishing touches. Video production companies carry out complete tasks from script writing to shooting, editing, and distribution. On the other hand, buyers such as film production houses, businesses, and organizations outsource their editing services, such as shooting and editing advertising videos, making animations, and other services. For instance, companies such as Apple, Amazon, Calamos Investments, PayPal, and many more companies outsource content creation services to BottleRocket Media. Training internal employees with new technologies in editing can be challenging for companies, and hence, they prefer outsourcing the services. Japan, China, and India are the preferred countries for sourcing services. Japan’s post-production industry is highly competitive due to technological advancements, access to skilled talent, and the presence of well-known animation studios offering a range of services, from editing to visual effects, sound mixing, and color grading. China and India, on the other hand, have low-cost benefits due to cheap labor, production costs, and high-quality video production.

 

Key companies profiled:

SPARKHOUSE, Bottle Rocket Media, Casual, Levitate, Blue Chalk Media, Indigo Production, Lambda Films, Gardner Productions, MBRELLA Films, VeracityColab, Kyro

 

Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.

 

Our services include (not limited to):

  • Market Intelligence involving – market size and forecast, growth factors, and driving trends
  • Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
  • Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
  • Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

 

SHARE NOW
Tagged with

Leave a Reply

Your email address will not be published. Required fields are marked *