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Virtual Production Market size is set to grow by USD 3.91 billion from 2024-2028, growing implementation of virtual production in gaming industry to boost the market growth, Technavio

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NEW YORK, June 19, 2024 /PRNewswire/ — The global virtual production market  size is estimated to grow by USD 3.91 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  21.48%  during the forecast period.  Growing implementation of virtual production in gaming industry is driving market growth, with a trend towards adoption of strategies such as product launch, merger and acquisition (m and a), collaboration, and partnership. However, issues associated with virtual production led screens  poses a challenge. Key market players include 360Rize, Adobe Inc., Arashi Vision Co. Ltd., Autodesk Inc., BORIS FX Inc., Brompton Technology Ltd., Deloitte Touche Tohmatsu Ltd., Epic Games Inc., HTC Corp., Humaneyes Technologies Ltd., Mo Sys Engineering Ltd., NVIDIA Corp., Panocam3d.com, ROE Visual Co. Ltd., Side Effects Software Inc., Technicolor SA, The Walt Disney Co., Unity Technologies Inc., Vicon Motion Systems Ltd., and Weta Digital Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Component (Software, Services, and Hardware), Type (Post-production, Production, and Pre-production), and Geography (North America, APAC, Europe, Middle East and Africa, and South America)

Region Covered

North America, APAC, Europe, Middle East and Africa, and South America

Key companies profiled

360Rize, Adobe Inc., Arashi Vision Co. Ltd., Autodesk Inc., BORIS FX Inc., Brompton Technology Ltd., Deloitte Touche Tohmatsu Ltd., Epic Games Inc., HTC Corp., Humaneyes Technologies Ltd., Mo Sys Engineering Ltd., NVIDIA Corp., Panocam3d.com, ROE Visual Co. Ltd., Side Effects Software Inc., Technicolor SA, The Walt Disney Co., Unity Technologies Inc., Vicon Motion Systems Ltd., and Weta Digital Ltd.

Key Market Trends Fueling Growth

The virtual production market is experiencing significant growth due to strategic moves by key players. Autodesk Inc.’s acquisition of PIX of X2X in February 2024 aims to enhance collaboration and efficiency in virtual production. Simultaneously, Disney and Epic Games Inc.’s collaboration on a new games and entertainment universe expands market reach. These strategic partnerships and mergers will positively impact the market’s expansion during the forecast period. 

The Virtual Production market is experiencing significant growth with the integration of technology in filmmaking. Architecture, Art direction, and rendering are key components in virtual production. Heads of departments in film production companies are embracing virtual technology to streamline processes and enhance creativity. Virtual production techniques such as real-time rendering and virtual cameras are trending. Companies are investing in efficient production methods using virtual tools. Producers are also adopting virtual production to save time and reduce costs. Breakup of costs and revenues indicate a promising future for this sector. Movies and visual effects companies are major players in the virtual production market. The future of virtual production lies in its ability to provide cost-effective, efficient, and innovative solutions for film and video content creation. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

LED screens, or LED walls, are commonly used in virtual production by filmmakers. However, challenges with these technologies can hinder market expansion. The ghosting effect, a problem in low grayscale images, is caused by parasitic capacitance in column changes, leading to unwanted LED activation. Another issue is the cross pattern that appears when an LED fails in fine-pitch displays, negatively impacting video quality. These defects can limit the growth of the virtual production market during the forecast period.The Virtual Production market faces several challenges in implementing technologies such as Virtual, Real-time, Producion, Studios, and Camera Systems. Movies and Television industries require high-quality visual effects and efficient production processes. Industries like Advertising and Gaming also demand real-time rendering and interactive experiences. However, integrating these technologies into traditional production workflows can be complex. Cost, technology, and human resources are significant challenges. The need for specialized skills and training, as well as the high cost of equipment, can hinder adoption. Additionally, ensuring technology compatibility and seamless integration with existing systems can be a challenge. Effective collaboration and communication between teams are also crucial to overcome these hurdles and deliver successful virtual production projects.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This virtual production market report extensively covers market segmentation by

Component 1.1 Software1.2 Services1.3 HardwareType 2.1 Post-production2.2 Production2.3 Pre-productionGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Software-  The virtual production market is experiencing significant growth, driven by the increasing demand for realistic and efficient film and television production. Companies are investing in virtual production technologies, such as real-time rendering and motion capture, to create high-quality visual effects. This trend is expected to continue, as virtual production offers cost savings, increased creativity, and improved workflows. Additionally, the rise of streaming platforms and the need for high-quality content is fueling the market’s growth. Virtual production is revolutionizing the way content is created, making it an essential part of the media and entertainment industry.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The virtual production market is experiencing significant growth in the entertainment industry, with virtual production studios becoming increasingly popular for movies and television productions. Virtual production technology, including real-time rendering engines and virtual cameras, enables filmmakers to create stunning visual effects (VFX) in real-time. Virtual production software and motion capture technology further enhance the capabilities of these systems. LED screens are also being used to create immersive and interactive experiences for consumers. The use of computer-generated imagery (CGI) in virtual production is revolutionizing the way stories are told, offering new possibilities for industry applications. Real-time rendering and DCI standards ensure high-quality output, while Bel Air Circuit, EBU, and Quantum Media Systems are among the organizations driving innovation in this field. Consumer preferences for more engaging and interactive experiences continue to fuel the demand for advanced virtual production solutions.

Market Research Overview

The Virtual Production Market encompasses innovative technologies and techniques that blend real and virtual environments in filmmaking and content creation. These solutions enable efficient production processes, reducing the need for extensive on-location shoots. Virtual Production studios utilize advanced tools like real-time rendering, motion capture, and performance tracking. They offer flexibility in making changes, allowing for iterative improvements and cost savings. The integration of virtual elements into physical sets enhances storytelling and creates immersive experiences for audiences. The Virtual Production industry is evolving rapidly, driven by advancements in technology and the increasing demand for high-quality, visually engaging content.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentSoftwareServicesHardwareTypePost-productionProductionPre-productionGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Huawei ICT Competition 2024-2025 Global Final Concludes: AI Empowers Education Transformation and ICT Talent Development

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SHENZHEN, China, May 24, 2025 /PRNewswire/ — The Closing & Awards Ceremony of the Huawei ICT Competition 2024–2025 Global Final was successfully held today in Shenzhen. In its 9th edition, the event has reached a record-breaking scale this year, attracting over 210,000 students and instructors from more than 2,000 colleges and universities in over 100 countries and regions. Following national and regional competitions, 179 teams from 48 countries and regions made it to the Global Final.

Through intense competition across three major tracks, Practice, Innovation, and Programming, top honors were awarded to 18 outstanding teams from 9 countries: China, Algeria, Brazil, Philippines, Morocco, Nigeria, Serbia, Tanzania, and Singapore.

The Grand Prize winners of the Innovation Competition were teams from the Bulacan State University in the Philippines, Beijing University of Technology in China, Faculty of Technical Sciences Čačak of the University of Kragujevac in Serbia, and the Faculty of Sciences and Techniques of Errachidia – Moulay Ismail University in Morocco.

In the Practice Competition – Network Track, Grand Prizes were awarded to teams from the Shenzhen Institute of Information Technology in China, Instituto Federal do Tocantins in Brazil, Federal University of Technology Minna in Nigeria, and a joint team from Dar es Salaam Institute of Technology, University of Dar es Salaam, and University of Dodoma in Tanzania.

In the Practice Competition – Cloud Track, Grand Prize winners included teams from iACADEMY in the Philippines, University of Batna 2 and the Higher National School of Computer Science Algiers in Algeria, Tianjin University of Technology and Education in China, and Singapore University of Social Sciences.

In the Practice Competition – Computing Track, the Grand Prizes went to teams from Guilin University of Electronic Technology in China, Federal University of Technology Minna in Nigeria, University of Bejaia and Higher National School of Computer Science SBA in Algeria, and Cebu Institute of Technology – University in the Philippines.

The Grand Prize in the Programming Competition was awarded to a team from Shenzhen Polytechnic University in China.

To recognize outstanding contributions beyond technical excellence, the competition also presented special honors. The Women in Tech Award was granted to four all-female teams from Brazil, Saudi Arabia, Germany, and Kenya. The Green Development Award went to a team from Ghana. The Most Valuable Instructor Award recognized 18 distinguished instructors from 10 countries – China, Algeria, Bangladesh, Brazil, Egypt, Indonesia, Iraq, Nigeria, Hungary, and Türkiye – for their contributions to ICT education.

In his opening speech, Ritchie Peng, Director of the ICT Strategy & Business Development Dept at Huawei, mentioned, “To achieve the goal of learning through competition and inspiring innovation through competition, we have continuously evolved the design of competition topics. The Practice Competition aligns with our vision for an Intelligent World 2030 and encourages students to master cloud computing, big data, and AI to drive social progress. The Innovation Competition focuses on green development and digital inclusion, motivating participants to solve real-world challenges in sectors like agriculture, healthcare, and education through ICT.”

As digital transformation is accelerating globally, the demand for skilled professionals in fields such as AI, big data, and cybersecurity continues to grow. However, the shortage of talent in these critical areas is becoming increasingly evident. To help tackle this challenge, the Huawei ICT Competition features multiple tracks — including Practice, Innovation, and Programming — alongside initiatives such as industry-academia collaboration and tailored curriculum development. These efforts aim to equip students with in-demand skills and foster the next-generation tech talent who will stand out in an increasingly intelligent and digital world.

During this year’s competition, Huawei also hosted the AI Accelerating Education Transformation Summit, where experts explored the pivotal role of AI in smart education. In addition, Huawei officially announced the AI Capability of the Huawei ICT Academy Intelligent Platform, making it easier and more efficient for educators and students to use. This marks another step forward in advancing educational digitalization.

For more details about the Huawei ICT Competition, visit us at https://www.huawei.com/minisite/ict-competition-2024-2025-global/en/index.html.

SOURCE Huawei

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Deye Redefines Solar Tech at Intersolar 2025

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Deye showcased its next-gen wireless energy management system, off-grid ESS solution, C&I ESS solutions and utility ESS solutions, drawing strong interest from global partners

MUNICH, May 24, 2025 /PRNewswire/ — At Intersolar Europe, one of the solar industry’s key exhibitions, Deye impressed the crowd with its new-generation Power Conversion System (PCS), smart wireless energy management system, off-grid ESS solutions and C&I ESS solutions. Over three days, the booth drew hundreds of partners and professionals, highlighting how intelligent energy is reshaping the global energy development.

The exhibition featured an indoor hall and an outdoor container zone. Indoors, Deye displayed its HVAC appliances and integrated PV storage solutions for residential, commercial, industrial, and ground power stations. Outdoors, it showcased the Smart Home Micro-Climate Comfort Solution, powered by its household energy storage system and Five Constant System, expanding solar storage application possibilities.

Deye showcased its latest PCS series, featuring <20 ms seamless mode transitions and up to 500 kW independent power paths for uninterrupted on/off-grid and diesel mode operation. Its intelligent EMS enables zero-export control and time-of-use scheduling with color touchscreen and remote cloud management. With up to 98.5% efficiency and 2.5 MW rated power, it suits medium to large-scale commercial and industrial applications.

Another talked-about innovation was Deye’s wireless smart energy management system based on LoRa for smart load control and home automation. Through multi-dimensional logic control such as time, battery SOC and grid state, this system can automatically optimize the power consumption strategy. Moreover, it supports smart home IoT integration, connecting devices like smart EV chargers, wireless CTs, switches, and plugs for remote control via the Deye App.

The newly launched off-grid ESS solution attracted attention for its suitability in remote and microgrid scenarios. Compatible with diesel generators and batteries, it delivers stable power in off-grid or weak-grid environments like deserts. Its IP65 protection level enhances durability and extends operational lifespan, while the integrated LoRa-based smart energy management system further improves performance and monitors in off-grid applications.

In addition, Deye’s C&I ESS series offers a scalable, high-performance solution for diverse business needs. The MS-G215 outdoor system features peak-valley management, anti-back flow protection, intelligent thermal control (<35℃ battery temp), and supports parallel expansion up to 20 units (on/off-grid) or 5 units (backup). The integrated PV-BESS-EV solution (MS-DCC180-2 + MS-LC430) combines solar, storage and fast charging with key advantages including:

Improving system efficiency by 4% and cutting investment by 15%.Supporting flexible 2-8 hour energy storage.Providing 3+3-layer electrical protection against thermal runaway.Achieving efficiency and safety with 180kW ultra-fast charging and up to 4 dual-gun terminals.

For high-capacity energy storage, the utility C&I PV-BESS solution delivers 430 kWh per unit with excellent scalability and active balancing. It ensures optimal battery efficiency and lifespan while adapting to diverse industry requirements, making it ideal for applications across commercial, industrial, and utility sectors.

Beyond the product display, the exhibition marked a milestone in Deye’s global strategy. Its F120 Series ESS earned CEI 0-21 and 0-16 certifications from Kiwa for Italy’s medium-voltage grids, while TÜV Rheinland granted VDE-AR-N 4110 & 4120 certifications to its flagship ESS and 110 kW three-phase inverter. Attendees also experienced Deye’s latest innovations through an immersive VR showcase, which further reinforced its international tech leadership.

With Intersolar Europe 2025 behind it, Deye now looks to global expansion, focusing on technology refinement and deeper global partnerships. “Our vision is clear,” said Deye’s representative. “To empower communities, businesses, and grids with smart, sustainable energy. Intersolar confirmed we’re on the right path- and the world is ready.”

For more information about Deye, visit https://www.deyeinverter.com/ ; https://deyeess.com/

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Edimakor V4.0.0 Launches with AI Singing Photos & AI Animation

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NEW YORK, May 24, 2025 /PRNewswire/ — HitPaw Edimakor, known for its work in smart video editing tools, has announced the official launch of Edimakor V4.0.0. This new version introduces a fresh set of features, including a singing avatar tool, expanded image-to-video templates, upgraded text-to-video capabilities, and more control over background removal. These updates are designed to give users more flexibility and options when building creative content from images, text, and audio.

Edimakor V4.0.0 Key Improvements

AI Singing photo

Upload any image whether it’s a real person, cartoon, animal, or character, and turn it into a singing avatar. The tool supports upload audio, making it suitable for fun projects, education, or creative content.

Image-to-Video Templates
Choose from 80+ ready-made templates designed for different themes and situations.

Update two AI models: model 1 has faster generation speed as well as more stable output; model 2 takes longer to generate and is suitable for complex scenes.

Open correlations, modes, resolutions, and reverse cues to allow the user to change control over the quality of the generated video;

AI Animation
Convert written content into video with five visual styles:

Anime

3D Animation

Comic

Cyberpunk

Clay

Background Removal (Image & Video)

For images: After removing the background, users can apply edge feathering and zooming for a cleaner look.

For video: Two modes are available, Quick Mode for fast edits, and Advanced Mode for more precision. Both modes allow edge feathering and edge scaling.

Subtitle Generator

Adjust subtitle length based on preference.

Apply bilingual subtitle templates with one click.

Choose two-color dynamic subtitle styles.

Set subtitle position anywhere on the screen easily.

Continued Commitment to Practical Tools

Edimakor V4.0.0 reflects a clear effort to build features that respond directly to how people create and edit videos today. Instead of adding tools for the sake of it, each update is designed to solve specific problems, whether it’s making editing faster, improving visual quality, or giving users more control. The goal remains simple: make content creation more accessible, efficient, and adaptable for anyone working with video.

For more information:
https://edimakor.hitpaw.com

Follow Edimakor on social media:
X/Twitter: https://x.com/HitpawEdimakor
YouTube: https://www.youtube.com/@HitPawEdimakorOfficial
Instagram: https://www.instagram.com/edimakor_official

This release was issued through Send2Press® on behalf of the news source. For more information, visit Send2Press Newswire at https://www.send2press.com/.

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SOURCE HitPaw. Co., Ltd

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