Does anyone know how I can go about recreating 2d to 3d photo as shown in video

Does anyone know how I can go about recreating this. I am working on a project but cant figure out how to do this. I have linked the youtube video below. Thanks in advanced!

Update : I managed to get some progress but am not quite there yet.

Here’s What I’ve done so far on my Blueprint but have yet manage to replicate the video. Any help would be appreciated

Here’s the result:

268437-test.gif