IMMERSIVE STUDIOS
Velocity Immersive City
Where African Storytelling Meets Cutting-Edge Virtual Production!
Velocity Immersive City aims to establish itself as the premier Onset Virtual Production (OSVP) facility in Sub-Saharan Africa, offering filmmakers access to Hollywood-standard technology and expertise. By replicating the success model of India in mobile app development and China in mass-produced goods, Velocity will fill the gap in high-quality OSVP solutions for African storytellers. Explore the business case, financial projections, project definition, organization, and market opportunities of Velocity Immersive City
Business Summary
The rise of streaming services and global audiences creates a burgeoning demand for high-quality content. Sub-Saharan Africa boasts a rich tapestry of stories waiting to be told, but traditional production methods often face budget and logistical limitations. Velocity Immersive City bridges this gap by offering:
State-of-the-Art LED Volume:
Our expansive curved LED wall and integrated LED ceiling will allow for immersive virtual environments, pushing the boundaries of African filmmaking.
Accessibility and Affordability:
Through innovative design and strategic partnerships, Velocity will provide cost-effective virtual production solutions catering to various project sizes.
Expert Support:
Our team will offer comprehensive support, including pre-production planning, on-site expertise, and post-production integration.
Total Addressable Market (TAM):
The global virtual production market is valued at $200 billion and growing. [Source: ResearchAndMarkets.com)
Market Analysis
Serviceable Obtainable Market (SOM):
Velocity will initially target established production houses and independent filmmakers in major African movie hubs like Nigeria, South Africa, and Kenya. Within the first decade of operation, Velocity aims to capture the SAM, that will translate in to a projected revenue of $16 Billion.
Serviceable Addressable Market (SAM):
Considering Sub-Saharan Africa's burgeoning film industry and growing adoption of new technologies, the serviceable market is estimated to be $38 Billion and rapidly growing.
