NAICS 512199 - Other Motion Picture and Video Industries
This U.S. industry comprises establishments primarily engaged in providing motion picture and video services (except motion picture and video production, distribution, exhibition, and teleproduction and other postproduction services).
Industry trends:
NAICS 512199, which encompasses "Other Motion Picture and Video Industries," is experiencing several notable qualitative trends. A significant trend is the increased adoption of virtual production techniques, driven by advancements in real-time rendering and LED wall technologies. This innovation is revolutionizing the way content is created, allowing for greater flexibility and cost efficiency compared to traditional shooting methods.
Another trend is the rise of short-form video content, particularly on social media platforms like TikTok and Instagram. This shift is influencing how production companies approach storytelling and audience engagement, emphasizing quick, impactful narratives over traditional formats.
Streaming platforms continue to dominate the industry landscape, causing a surge in demand for original content. This trend is leading to greater investment in diverse, niche genres and global storytelling, as platforms seek to attract varied subscriber bases.
The use of artificial intelligence and machine learning in video editing, marketing, and audience analytics is also growing. These technologies offer enhanced efficiency and precision, helping companies better cater to viewer preferences and optimize content distribution strategies.
Looking ahead, the industry is likely to see further integration of augmented reality (AR) and virtual reality (VR) experiences, enhancing audience interaction and immersion. Additionally, sustainability practices are expected to become more prominent, as production houses and studios seek to reduce their environmental footprint.
This industry is comprised of:
Booking agencies, motion picture
Booking agencies, motion picture or video productions
Film libraries, motion picture or video, stock footage
Film processing laboratories, motion picture
Laboratory services, motion picture
Libraries, motion picture stock footage film
Libraries, videotape, stock footage
Motion picture booking agencies
Motion picture film laboratories
Motion picture film libraries, stock footage
Motion picture film reproduction for theatrical distribution
Motion picture laboratories
Reproduction of motion picture films for theatrical distribution
Stock footage film libraries
Videotape libraries, stock footage
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.