Asia Pacific Camera Tracking Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Software and Services) and Tracking Type (Still Tracking and Sequence Tracking)
Market Introduction
The market in this region is expected to grow at the highest CAGR during 2021–2028. The market growth is attributed to continuous developments in the media and entertainment industry in countries such as India, China, South Korea, and Australia. India and Australia, among others, are seeing significant transformation in the number and type of films and shows being developed. Moreover, with the penetration of OTT platforms, in developing countries of the region, more and more shows and web-series are being produced. The makers/producers of these shows are in continuous need for efficient software technologies such as camera tracking software to enhance the cinematic experiences for viewers. With the growth in the penetration of internet and smartphones, and the introduction of various video creation apps—Tik Tok, Instagram Reels, and YouTube—there has been an influx of video creators in the region. These creators are using sophisticated camera systems and technologies to improve their video look and content. These content creators are anticipated to be the potential users of camera tracking software in the coming years. Further, the VFX industry in the region is growing significantly, creating need for comprehensive SaaS.
In case of COVID-19, APAC is highly affected specially India. APAC constitutes a few of the world’s two most populated countries. Moreover, several countries in the region, namely India and China, are hub for manufacturing. China virtually imposed strict lockdown and social isolation, which almost halted the manufacturing and production for several weeks. Moreover, the country also suspended the import as well as export of critical raw materials and components, which resulted in the disruption of the global supply chains in early 2020. India also imposed a nationwide lockdown to slow down the infection spread. The shutdown and disruption of commercial activities across China and India contributed to the disruption of supply chain of various raw material and goods as well as to the shortage of skilled laborers. In addition, the cancellation or discontinuation of various big film projects led to huge losses to the media and entertainment industry. In India, big film releases were postponed, TV and web series shootings were halted, theatres stopped screening movies, and daily wage employees were struggling for their meal. As of May 2021, India is suffering from the second wave of the pandemic, and many states are under strict lockdown. However, other countries in APAC, particularly China and South Korea, have started recovering slowly and steadily.
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Market Overview and Dynamics
The APAC camera tracking software market is expected to grow from US$ 95.03 million in 2021 to US$ 243.68 million by 2028; it is estimated to grow at a CAGR of 14.4% from 2021 to 2028. Camera tracking software is used extensively for creating high-definition 3D animation. A camera tracking process involves taking a video content recorded using a real live camera and tracking its motion to add 3D elements to it. This process has become common in the filmmaking business, and it is used to add 3D animation, special effects, backdrops, robotic actions, etc. in movies, commercials, and TV shows, among others. Camera tracking software are being extensively used to create real-life animation. They are being used for creating images, stabilizing shaky conventional or 360-degree VR shots, and producing 360° virtual reality or 3D stereoscopic films; creating architectural previews; reconstructing accident or crash scenarios; and so on. 2016 onward, 3D animation started receiving significant attention from industries such as medicine and gaming, in addition to the entertainment industry. Several software providers across APAC region are offering best-in-class camera tracking software to different end users. Andersson Technologies LLC is a boutique software development company that offers a 3D camera tracking software solution named SynthEyes. The software is compatible with all operating systems, including Mac, Windows, and Linus. A few of the famous films produced using this software includes Greyhound, Life of Pie, Spiderman Homecoming, and Captain America: Civil War. So, escalating demand for high-quality 3D camera tracking software is expected to drive the APAC camera tracking software market in coming years.
Key Market Segments
In terms of component, the software segment accounted for the largest share of the APAC camera tracking software market in 2020. In terms of tracking type, the still tracking segment held a larger market share of the APAC camera tracking software market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the APAC camera tracking software market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Adobe; Andersson Technologies LLC; Autodesk, Inc.; Blackmagic Design Pty. Ltd.; Maxon Computer GmbH; The Foundry Visionmongers Limited; and Vicon Motion Systems Ltd.
Reasons to buy report
- To understand the APAC camera tracking software market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC camera tracking software market
- Efficiently plan M&A and partnership deals in APAC camera tracking software market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC camera tracking software market
- Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.
APAC Camera Tracking Software Market Segmentation
APAC Camera Tracking Software Market - By Component
- Software
- Services
APAC Camera Tracking Software Market - By Tracking Type
- Still Tracking
- Sequence Tracking
APAC Camera Tracking Software Market - By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
APAC Camera Tracking Software Market - Company Profiles
- Adobe
- Andersson Technologies LLC
- Autodesk, Inc.
- Blackmagic Design Pty. Ltd.
- Maxon Computer GmbH
- The Foundry Visionmongers Limited
- Vicon Motion Systems Ltd
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Camera Tracking Software Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. APAC Camera Tracking Software Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Escalating Demand for High-Quality 3D Camera Tracking Software
5.1.2 Surging Popularity of Science-Fiction Movies Among Youth
5.2 Market Restraints
5.2.1 Open-Source Software Availability
5.3 Market Opportunities
5.3.1 Burgeoning VFX Industry
5.4 Future Trends
5.4.1 Mounting Use of Artificial Intelligence Technology
5.5 Impact Analysis of Drivers and Restraints
6. Camera Tracking Software Market – APAC Analysis
6.1 APAC Camera Tracking Software Market Overview
6.2 APAC Camera Tracking Software Market Forecast and Analysis
7. APAC Camera Tracking Software Market Analysis – By Component
7.1 Overview
7.2 APAC Camera Tracking Software Market Breakdown, By Component (2020 and 2028)
7.3 Software
7.3.1 Overview
7.3.2 Software Market Revenue and Forecasts to 2028 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services Market Revenue and Forecasts to 2028 (US$ Million)
8. APAC Camera Tracking Software Market Analysis– By Tracking Type
8.1 Overview
8.2 APAC Camera Tracking Software Market Breakdown, By Tracking Type (2020 and 2028)
8.3 Still Tracking
8.3.1 Overview
8.3.2 Still Tracking Market Revenue and Forecasts to 2028 (US$ Million)
8.4 Sequence Tracking
8.4.1 Overview
8.4.2 Sequence Tracking Market Revenue and Forecasts to 2028 (US$ Million)
9. APAC Camera Tracking Software Market – Country Analysis
9.1 Overview
9.1.1 APAC: Camera Tracking Software Market, by Key Country
9.1.1.1 China: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 China: Camera Tracking Software Market, By Component
9.1.1.1.2 China: Camera Tracking Software Market, by Tracking Type
9.1.1.2 India: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 India: Camera Tracking Software Market, By Component
9.1.1.2.2 India: Camera Tracking Software Market, by Tracking Type
9.1.1.3 Japan: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Japan: Camera Tracking Software Market, By Component
9.1.1.3.2 Japan: Camera Tracking Software Market, by Tracking Type
9.1.1.4 South Korea: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 South Korea: Camera Tracking Software Market, By Component
9.1.1.4.2 South Korea: Camera Tracking Software Market, by Tracking Type
9.1.1.5 Australia: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Australia: Camera Tracking Software Market, By Component
9.1.1.5.2 Australia: Camera Tracking Software Market, by Tracking Type
9.1.1.6 Rest of APAC: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of APAC: Camera Tracking Software Market, By Component
9.1.1.6.2 Rest of APAC: Camera Tracking Software Market, by Tracking Type
10. Impact of COVID-19 Pandemic on APAC Camera Tracking Software Market
10.1.1 Impact of COVID-19 Pandemic on Camera Tracking Software Market in APAC Countries
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 Andersson Technologies LLC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 The Foundry Visionmongers Limited
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Adobe
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Maxon Computer GmbH
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Autodesk, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Blackmagic Design Pty. Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Vicon Motion Systems Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. APAC Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. APAC Camera Tracking Software Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. China: Camera Tracking Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 4. China: Camera Tracking Software Market, by Tracking Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. India: Camera Tracking Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 6. India: Camera Tracking Software Market, by Tracking Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Japan: Camera Tracking Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 8. Japan: Camera Tracking Software Market, by Tracking Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. South Korea: Camera Tracking Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 10. South Korea: Camera Tracking Software Market, by Tracking Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Australia: Camera Tracking Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 12. Australia: Camera Tracking Software Market, by Tracking Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of APAC: Camera Tracking Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of APAC: Camera Tracking Software Market, by Tracking Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Camera Tracking Software Market Segmentation
Figure 2. APAC Camera Tracking Software Market Segmentation – By Country
Figure 3. APAC Camera Tracking Software Market Overview
Figure 4. Software Segment held the Largest Share of APAC Camera Tracking Software Market
Figure 5. Still Tracking Segment held the Largest Share of APAC Camera Tracking Software Market
Figure 6. China to Show Great Traction During Forecast Period
Figure 7. APAC- PEST Analysis
Figure 8. APAC Camera Tracking Software Market, Ecosystem
Figure 9. APAC Camera Tracking Software Impact Analysis of Drivers and Restraints
Figure 10. APAC Camera Tracking Software Market Forecast and Analysis (US$ Million)
Figure 11. APAC Camera Tracking Software Market Breakdown, By Component (2020 and 2028)
Figure 12. APAC Software Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. APAC Services Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. APAC Camera Tracking Software Market Breakdown, By Tracking Type (2020 and 2028)
Figure 15. APAC Still Tracking Market Revenue and Forecasts to 2028 (US$ Million)
Figure 16. APAC Sequence Tracking Market Revenue and Forecasts to 2028 (US$ Million)
Figure 17. APAC: Camera Tracking Software Market, by Key Country – Revenue (2020) (USD Million)
Figure 18. APAC: Camera Tracking Software Market Revenue Share, by Key Country (2020 and 2028)
Figure 19. China: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. India: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Japan: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. South Korea: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Australia: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Rest of APAC: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Impact of COVID-19 Pandemic on Camera Tracking Software Market in APAC Countries
- Adobe
- Andersson Technologies LLC
- Autodesk, Inc.
- Blackmagic Design Pty. Ltd.
- Maxon Computer GmbH
- The Foundry Visionmongers Limited
- Vicon Motion Systems Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC camera tracking software market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the APAC camera tracking software market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the camera tracking software market, as well as those hindering it
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