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VFX

OVERVIEW

Visual effects (commonly shortened to Visual FX or VFX) are the various processes by which imagery is created and/or manipulated outside the context of a live action shot. Visual effects involve the integration of live-action footage and computer generated imagery to create environments which look realistic, but would be dangerous, expensive, impractical, or simply impossible to capture on film.

Visual effects using computer generated imagery has recently become accessible to the independent filmmaker with the introduction of affordable and user friendly animation and compositing software. Visual effects are often integral to a movie’s story and appeal. Although most visual effects work is completed during post-production, it usually must be carefully planned and choreographed in pre-production and production.

Visual effects primarily executed in Post-Production, with the use of multiple tools and technologies such as graphic design, modeling, animation and similar software, while special effects are made on set, such as explosions, car chases and so on. A visual effects supervisor is usually involved with the production from an early stage to work closely with production and the film’s director design, guide and lead the teams required to achieve the desired effects.

GROWTH IN

VFX INDUSTRY

According to a latest report by Research and Market, the industry is pegged at US$ 254 Billion and projected to hit the figure of US$ 270 Billion in 2020. The scenario of VFX industry in India is analogous to that of world. As per the KPMG India-FICCI report, Indian VFX industry achieved a growth rate of 16.4 percent in 2016 and it will continue to maintain that rate in coming years.

The main drivers behind the sector’s growth include deep internet penetration and mobile devices. There was an increasing demand for high visual movies from movie watchers, therefore nearly 20-25% of production cost on a movie is spent on visual effects. The industry is not limited to few online video streaming sites like Netflix, Amazon Prime etc. anymore, because even websites like YouTube and Facebook had adapted to the new user demands.

The next segment of VFX industry is Video gaming across all digital platforms. The global video gaming industry is currently estimated to be US$ 92 Billion. This industry too has major stakes in VFX industry development as it requires more graphical content for Virtual Reality based and cloud based games in coming decade.