North America 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 US, Canada, and Mexico are economies in North America. This region contributes a significant share to the camera tracking software market owing to high investments by organizations operating in media and entertainment industry, coupled with growing popularity of science fiction (sci-fi) cinema. Further, the growing popularity of YouTube channels and short video-making for earnings is propelling the demand for the software solutions. A camera tracking software is used to bring more effectiveness and reality in films or videos. Since the software is largely available in a software-as-a-service (SaaS) model, minimal investment in hardware is required. Further, the software can be used and accessed from anywhere around, making it more popular in the region. This software use state-of-the-art technologies and are offered with various features and capabilities that help create best in class, aesthetic films/videos. In North America, the US has the biggest media and entertainment industry. On an average, the country releases/produces 700 films each year. A large number of these films use tracking solutions to offer enhanced experience to viewers. A few of the blockbuster movies that used this software include Avatar, Spiderman, Guardians of the galaxy, and Captain America, among others. Rising demand for high-quality 3D camera tracking software and growing popularity of science-fiction movies among youth are the major factor driving the growth of the North America camera tracking software market.
In case of COVID-19, North America is highly affected specially the US, and the count has reached more than 20 million as of 2021; California, Texas, Florida, and New York are among the highly affected areas. The federal government in the country did not impose nationwide lockdown in 2020; however, governors of few sates decided to impose lockdown in their respective states, which led to the disruption of operations of various sectors, including manufacturing, IT, and media and entertainment. Production houses had to put a halt on several big film projects amid this scenarios, as different locations were restricted for shooting films and TV shows. Moreover, cinema halls were shut down due to bankruptcy. In the US, ~2,500 cinemas were shut down to avoid public gatherings. As a result, the businesses related to film-making such as shooting equipment, sound equipment, editing software, and special effect software, as well as services, experienced slump in growth. However, with the easing of lockdown, the production of film/TV shows resumed gradually in 2021. Owing to this, the media and entertainment sector, as well as the camera tracking software market, in North America is likely to recover in the coming months.
Get more information on this report :
Market Overview and Dynamics
The North America camera tracking software market is expected to grow from US$ 115.68 million in 2021 to US$ 271.38 million by 2028; it is estimated to grow at a CAGR of 13.0% from 2021 to 2028. Surging VFX industry will drive the market in coming years. Since the last 2–3 years, the animation and video effects (VFX) industry has witnessed steady growth in North American countries such as Mexico. Broadcasters are partnering with animation studios for original content. Moreover, these industries have growth further with the introduction of YouTube channels, and the launch of over the top (OTT) platforms such as Amazon Prime and Netflix are signing exclusive content licensing deals with various animation and VFX studios. Further, VFX got an additional boost with the developments in broadband and e-commerce, and licensing and merchandising opportunities related to animation characters. In North America, the VFX industry is growing significantly with transformation in content consumption pattern; there is a growing demand for cinema with extravagant VFX effects in among the audiences in the region. In fact, to effectively fulfill VFX demands, many production houses have set up technical teams dedicated to enhancing the VFX in their movies. Such initiatives in North American countries would are boosting the VFX industry, which is likely to propel the North America camera tracking software market growth in the coming years.
Key Market Segments
In terms of component, the software segment accounted for the largest share of the North America camera tracking software market in 2020. In terms of tracking type, the still tracking segment held a larger market share of the North America 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 North America 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; The Foundry Visionmongers Limited; and Vicon Motion Systems Ltd.
Reasons to buy report
- To understand the North America 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 North America camera tracking software market
- Efficiently plan M&A and partnership deals in North America 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 North America camera tracking software market
- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
North America Camera Tracking Software Market Segmentation
North America Camera Tracking Software Market - By Component
- Software
- Services
North America Camera Tracking Software Market - By Tracking Type
- Still Tracking
- Sequence Tracking
North America Camera Tracking Software Market - By Country
- US
- Canada
- Mexico
North America 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
- 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. North America Camera Tracking Software Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Camera Tracking Software Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for High-Quality 3D Camera Tracking Software
5.1.2 Growing Popularity of Science-Fiction Movies Among Youth
5.2 Market Restraints
5.2.1 Presence of Open-Source Software
5.3 Market Opportunities
5.3.1 Surging VFX Industry
5.4 Future Trends
5.4.1 Increase in the Use of Artificial Intelligence Technology
5.5 Impact Analysis of Drivers and Restraints
6. Camera Tracking Software Market – North America Analysis
6.1 North America Camera Tracking Software Market Overview
6.2 North America Camera Tracking Software Market Forecast and Analysis
7. North America Camera Tracking Software Market Analysis – By Component
7.1 Overview
7.2 North America 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. North America Camera Tracking Software Market Analysis– By Tracking Type
8.1 Overview
8.2 North America 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. North America Camera Tracking Software Market – Country Analysis
9.1 Overview
9.1.1 North America: Camera Tracking Software Market, by Key Country
9.1.1.1 US: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Camera Tracking Software Market, By Component
9.1.1.1.2 US: Camera Tracking Software Market, by Tracking Type
9.1.1.2 Canada: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada: Camera Tracking Software Market, By Component
9.1.1.2.2 Canada: Camera Tracking Software Market, by Tracking Type
9.1.1.3 Mexico: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: Camera Tracking Software Market, By Component
9.1.1.3.2 Mexico: Camera Tracking Software Market, by Tracking Type
10. Impact of COVID-19 Pandemic on North America Camera Tracking Software Market
10.1.1 Impact of COVID-19 Pandemic on Camera Tracking Software Market in North American 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 BORIS FX, 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 Maxon Computer GmbH
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 Autodesk, Inc.
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 Blackmagic Design Pty. Ltd.
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 Vicon Motion Systems 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 MO-SYS ENGINEERING 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
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. North America Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Camera Tracking Software Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Camera Tracking Software Market, By Component –Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Camera Tracking Software Market, by Tracking Type –Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Camera Tracking Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Camera Tracking Software Market, by Tracking Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico: Camera Tracking Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: Camera Tracking Software Market, by Tracking Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Camera Tracking Software Market Segmentation
Figure 2. North America Camera Tracking Software Market Segmentation – By Country
Figure 3. North America Camera Tracking Software Market Overview
Figure 4. Software Segment held the Largest Share of North America Camera Tracking Software Market
Figure 5. Still Tracking Segment held the Largest Share of North America Camera Tracking Software Market
Figure 6. US to Show Great Traction During Forecast Period
Figure 7. North America – PEST Analysis
Figure 8. North America Camera Tracking Software Market, Ecosystem
Figure 9. North America Camera Tracking Software Impact Analysis of Drivers and Restraints
Figure 10. North America Camera Tracking Software Market Forecast and Analysis (US$ Million)
Figure 11. North America Camera Tracking Software Market Breakdown, By Component (2020 and 2028)
Figure 12. North America Software Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. North America Services Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. North America Camera Tracking Software Market Breakdown, By Tracking Type (2020 and 2028)
Figure 15. North America Still Tracking Market Revenue and Forecasts to 2028 (US$ Million)
Figure 16. North America Sequence Tracking Market Revenue and Forecasts to 2028 (US$ Million)
Figure 17. North America: Camera Tracking Software Market, by Key Country – Revenue (2020) (USD Million)
Figure 18. North America: Camera Tracking Software Market Revenue Share, by Key Country (2020 and 2028)
Figure 19. US: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Canada: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Mexico: Camera Tracking Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Impact of COVID-19 Pandemic on Camera Tracking Software Market in North American Countries
- Adobe
- Andersson Technologies LLC
- Autodesk, Inc.
- Blackmagic Design Pty. Ltd.
- BORIS FX, INC
- Maxon Computer GmbH
- MO-SYS ENGINEERING LTD
- Ncam
- 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 North America 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 North America 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 North America market trends and outlook coupled with the factors driving the camera tracking software market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution