How Much Does it Cost to Make a VR Video?
The use of virtual reality represents the future of technological video production that will engage your audience and keep them fully intrigued for the duration of their viewing experience, but how much does it cost to make a VR video? VR technology can be successfully implemented into most scenarios with a little work, but the cost of producing a VR video has several influential factors that will play a role in the final budget. Things like the use of computer-generated graphics, the technology used to produce the interactive virtual reality experience, and technical needs will all play a role in the final estimated cost of production.
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Low Budget VR Video Production
VR videos can be produced with minimal budgets but of course, this will greatly minimize the user experience. A low budget VR video production of about $25,000 will produce content that is ideal for mobile VR graphics that deliver a short, captivating user experience. Generally, these low budget productions will include only 2D assets that come to life in a 3D environment. Viewers can engage in this type of virtual reality video experience using specialty gear or programs.
Medium Budget VR Video Production
On a slightly higher budget of about $90,000, a VR production can deliver a more engaging, character-centric space that includes the ability to interact within the unit. The addition of advanced characters can quickly make this type of virtual reality experience add up in cost. Production crews introduce the use of spatial audio and the ability for true user interaction into this level of virtual reality video production as compared to the lower budget medium.
High Budget VR Video Production
For those who have less concern on budget and more concern on the end assets that are produced, a high-end VR production with a budget of $150K or more is sure to please. This type of VR production will include professionally produced graphics, in-game-like user experiences, and the ability for the entire interactive environment to be viewed from top-quality virtual reality gear. Budgets this high allow for fully immersive and interactive environments that the user can explore and engage in as if living and interactive in real life.
Factors Influencing Cost of VR Production
As you consider VR production, several cost factors come into play including the length of the virtual reality content, the style of the content, the types of special effects that are used to create the video, and the experience that is delivered. Interactive video content is certainly more effective for your audience, but it can also cost significantly more to create. Character centric environments are also more detailed and costly to produce than an environment with limited use of characters.
For a real-time estimate on what it will cost to make a VR video that you’re planning, call Beverly Boy Productions. We’ll deliver a quote that meets the individual design and project scope for your VR video content.
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