Europe 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 growth in this region is mainly attributed to the rich media and entertainment industry in these countries, capable of making significant investments in content creation. Further, many camera tracking software providers such as Science-D-Visions, Advanced Realtime Tracking, and Mo-Sys Engineering Ltd. are concentrated in the region. Moreover, European populations present huge demand for animation, VFX, and video gaming due to surge in broadcasting hours targeted by cable and satellite TV, availability of low-cost internet access, penetration of mobile devices along with the growing popularity of streaming video. In addition, the demand for animation and VFX content to create immersive experiences such as augmented reality and virtual reality is also growing exponentially, thereby boosting the adoption of efficient camera tracking software. Software providers operating in the Europe market have been focusing on research and development to produce best-in-class software solutions that can be tailored to consumers’ requirements. Rising popularity of science-fiction movies among youth and increasing demand for high-quality 3D camera tracking software are the major factor driving the growth of the Europe camera tracking software market.
In case of COVID-19, Europe is highly affected specially the UK. Europe has been witnessing a varying impact of the COVID-19 pandemic across its economically diverse countries. For instance, countries such as Germany, the UK, the Netherlands, and France imposed stringent restrictions and closed their borders to curb the virus spread. Additionally, with the surge in cases, countries such as Italy, Russia, and Spain shut down business and manufacturing operations for a few months. However, numerous European countries have started experiencing swift recovery from Q4 2020. The onset of pandemic led to near-total cancellation or postponing of shootings, premieres, spring festivals, and entertainment events, causing huge loss to the European media and entertainment sector. The film industry in EU countries broadly comprises small companies employing creative and technical freelancers, which makes it particularly vulnerable to the pandemic. The domino effect of the lockdown has triggered the immediate discontinuation of hundreds of projects that were in the shooting phase and disruption of cash flows; it also pushed production companies to the brink of bankruptcy. To mitigate the economic damage caused by the outbreak, governments as well as national film and audiovisual funds across the EU quickly set up both general solidarity funds and short-term unemployment schemes and/or specific industry-related funds and grants (helping arthouse cinema and providing financial relief to producers and distributors). Further, as of now, almost all the European countries have acted promptly to limit the spread of the virus, and therefore, the economy has steadily opened, thereby supporting the recovery of industries, including the media and entertainment industry.
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Market Overview and Dynamics
The Europe camera tracking software market is expected to grow from US$ 69.74 million in 2021 to US$ 155.25 million by 2028; it is estimated to grow at a CAGR of 12.1% from 2021 to 2028. Surging use of artificial intelligence technology is expected to drive the market in coming years. Artificial intelligence (AI) is taking over the media and entertainment industry, in particular, film industry. Various subsets of AI, namely machine learning and deep learning, are now being used in computer graphics; most recently, these technologies have been used in camera tracking, simulation, motion capture, character animation, image processing, rotoscoping, and compositing. Machine learning is already being used in sketching various characters. For instance, the character of “Thanos” in Marvel Studio’s Avengers series was developed based on the AI technology. The visual effect studio used a type of machine learning to transform the body of Josh Brolin, an American actor portraying Thanos, into the body of the character. His face that was captured with head-cam camera for this transformation. During this process facials capture training data was utilized. The camera tracking software helps in inserting CGI in the live action footage. The software providers leverage the capabilities of machine learning to up scale the overall match moving process. For instance, the latest camera tracking software releases by Andersson Technologies incorporated or extensively used the capabilities of artificial intelligence. In 2019, the company released its new version of SynthEyes (a camera tracking software) that takes help of neural network-based automatic and supervised tracking process. In line with Andersson Technologies, many other software providers across Europe region are now investing in research and development to build the most advanced camera tracking software products.
Key Market Segments
In terms of component, the software segment accounted for the largest share of the Europe camera tracking software market in 2020. In terms of tracking type, the still tracking segment held a larger market share of the Europe 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 Europe 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.; BORIS FX, INC; Maxon Computer GmbH; MO-SYS ENGINEERING LTD; Ncam; Science-D-Visions; Stype Norway AS; The Foundry Visionmongers Limited; and Vicon Motion Systems Ltd.
Reasons to buy report
- To understand the Europe 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 Europe camera tracking software market
- Efficiently plan M&A and partnership deals in Europe 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 Europe camera tracking software market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.
Europe Camera Tracking Software Market Segmentation
Europe Camera Tracking Software Market - By Component
- Software
- Services
Europe Camera Tracking Software Market - By Tracking Type
- Still Tracking
- Sequence Tracking
Europe Camera Tracking Software Market - By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe Camera Tracking Software Market - Company Profiles
- Adobe
- Andersson Technologies LLC
- Autodesk, Inc.
- Blackmagic Design Pty. Ltd.
- BORIS FX, INC
- Maxon Computer GmbH
- MO-SYS ENGINEERING LTD
- Ncam
- Science-D-Visions
- Stype Norway AS
- 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. Europe Camera Tracking Software Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Europe Camera Tracking Software Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for High-Quality 3D Camera Tracking Software
5.1.2 Rising Popularity of Science-Fiction Movies Among Youth
5.2 Market Restraints
5.2.1 Accessibility of Open-Source Software
5.3 Market Opportunities
5.3.1 Escalating VFX Industry
5.4 Future Trends
5.4.1 Surging Use of Artificial Intelligence Technology
5.5 Impact Analysis of Drivers and Restraints
6. Camera Tracking Software Market – Europe Analysis
6.1 Europe Camera Tracking Software Market Overview
6.2 Europe Camera Tracking Software Market Forecast and Analysis
7. Europe Camera Tracking Software Market Analysis – By Component
7.1 Overview
7.2 Europe 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. Europe Camera Tracking Software Market Analysis– By Tracking Type
8.1 Overview
8.2 Europe 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. Europe Camera Tracking Software Market – Country Analysis
9.1 Overview
9.1.1 Europe: Camera Tracking Software Market, by Key Country
9.1.1.1 Germany: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Germany: Camera Tracking Software Market, By Component
9.1.1.1.2 Germany: Camera Tracking Software Market, by Tracking Type
9.1.1.2 France: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 France: Camera Tracking Software Market, By Component
9.1.1.2.2 France: Camera Tracking Software Market, by Tracking Type
9.1.1.3 Italy: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Italy: Camera Tracking Software Market, By Component
9.1.1.3.2 Italy: Camera Tracking Software Market, by Tracking Type
9.1.1.4 UK: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 UK: Camera Tracking Software Market, By Component
9.1.1.4.2 UK: Camera Tracking Software Market, by Tracking Type
9.1.1.5 Russia: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Russia: Camera Tracking Software Market, By Component
9.1.1.5.2 Russia: Camera Tracking Software Market, by Tracking Type
9.1.1.6 Rest of Europe: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Europe: Camera Tracking Software Market, By Component
9.1.1.6.2 Rest of Europe: Camera Tracking Software Market, by Tracking Type
10. Impact of COVID-19 Pandemic on Europe Camera Tracking Software Market
10.1.1 Impact of COVID-19 Pandemic on Camera Tracking Software Market in European 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 Ncam
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 Adobe
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 Science-D-Visions
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 BORIS FX, INC
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 Maxon Computer GmbH
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
12.8 Autodesk, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Blackmagic Design Pty. Ltd.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Vicon Motion Systems Ltd
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 Stype Norway AS
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
12.12 MO-SYS ENGINEERING LTD
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Europe Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Camera Tracking Software Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Camera Tracking Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Camera Tracking Software Market, by Tracking Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. France: Camera Tracking Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Camera Tracking Software Market, by Tracking Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy: Camera Tracking Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy: Camera Tracking Software Market, by Tracking Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. UK: Camera Tracking Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 10. UK: Camera Tracking Software Market, by Tracking Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Russia: Camera Tracking Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 12. Russia: Camera Tracking Software Market, by Tracking Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe: Camera Tracking Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of Europe: Camera Tracking Software Market, by Tracking Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Camera Tracking Software Market Segmentation
Figure 2. Europe Camera Tracking Software Market Segmentation – By Country
Figure 3. Europe Camera Tracking Software Market Overview
Figure 4. Software Segment held the Largest Share of Europe Camera Tracking Software Market
Figure 5. Still Tracking Segment held the Largest Share of Europe Camera Tracking Software Market
Figure 6. UK to Show Great Traction During Forecast Period
Figure 7. Europe – PEST Analysis
Figure 8. Europe Camera Tracking Software Market, Ecosystem
Figure 9. Europe Camera Tracking Software Impact Analysis of Drivers and Restraints
Figure 10. Europe Camera Tracking Software Market Forecast and Analysis (US$ Million)
Figure 11. Europe Camera Tracking Software Market Breakdown, By Component (2020 and 2028)
Figure 12. Europe Software Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. Europe Services Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. Europe Camera Tracking Software Market Breakdown, By Tracking Type (2020 and 2028)
Figure 15. Europe Still Tracking Market Revenue and Forecasts to 2028 (US$ Million)
Figure 16. Europe Sequence Tracking Market Revenue and Forecasts to 2028 (US$ Million)
Figure 17. Europe: Camera Tracking Software Market, by Key Country – Revenue (2020) (USD Million)
Figure 18. Europe: Camera Tracking Software Market Revenue Share, by Key Country (2020 and 2028)
Figure 19. Germany: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. France: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Italy: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. UK: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Russia: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Rest of Europe: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Impact of COVID-19 Pandemic on Camera Tracking Software Market in European Countries
- Adobe
- Andersson Technologies LLC
- Autodesk, Inc.
- Blackmagic Design Pty. Ltd.
- BORIS FX, INC
- Maxon Computer GmbH
- MO-SYS ENGINEERING LTD
- Ncam
- Science-D-Visions
- Stype Norway AS
- The Foundry Visionmongers Limited
- Vicon Motion Systems Ltd
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