Global Animation Market By Type (Traditional Animation, 2D Vector-based Animation, 3D Computer Animation, Motion Graphics and Stop Motion), Component (Software and Services), Deployment Type (On- Premises and Cloud Based), Industry (Media and Entertainment, Education, Retail, Healthcare, Manufacturing, and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Rising technological advancements in the field of animation, growth, and expansion of media and entertainment industry globally, and rising proliferation of laptops, personal computers, mobiles, and other such devices are the major factors attributable to the growth of animation market. Data Bridge Market Research analyses that the animation market will exhibit a CAGR of 9.00% for the forecast period of 2021-2028. This means that the animation market would stand tall at a market value of USD 226.49 billion by 2028.
Animation is a technique of creating moving graphics from visual files. This is done with the help of animation software. Large numbers of good animation software are used by the animators to create effects and animated visuals. Animation creates illusion, transition 3D computer animation, motion graphics, and much more. Animation is one of the best ways of exercising one’s imagination and expanding the creativity horizons. These days animation is being adopted by all sizes organisations with a view to promote and expand their businesses.
Increased availability of animation tools will emerge as the major animation market growth driving factor. Rapid growth and expansion of the media industry and shifting of businesses from conventional modes of advertising to digital services will further aggravate the growth of the animation market. Rising competition in the market owing to the emergence of new business everyday especially in the developing economies will further propel growth in the animation market value. Greater investment in the animation industry, rising trend of animated films and daily soaps, and ever-growing fondness for gaming among the youngsters are some other factors bolstering the growth of animation market.
However, rising concerns related to the piracy of content will act as a growth restraint for the animation market. Growing shift from renting the movies to streaming online videos will further dampen the growth rate of the animation market. Also, easy availability of open source animation software and lack of skilled professionals will further derail the market growth rate.
This animation market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on animation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The animation market is segmented on the basis of type, component, deployment type, and industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the global animation market has been divided into traditional animation, 2D vector-based animation, 3D computer animation, motion graphics, and stop motion.
- On the basis of component, the global animation market has been divided into software and services.
- On the basis of deployment type, the global animation market has been divided into on- premises and cloud based.
- On the basis of industry, the global animation market has been divided into media and entertainment, education, retail, healthcare, manufacturing, and others.
The animation market is analysed, and market size, volume information is provided by country, type, component, deployment type and industry as referenced above.
The countries covered in the animation market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the animation market, and its market share will continue to expand during the forecast period owing to the growth and expansion of entertainment industry in the region coupled with growing fondness for visually appealing animation movies. Asia-Pacific will register the highest CAGR for the forecast period. Rising penetration of laptops is a major factor fostering the market growth rate. Also, growth in the consumption of more immersive content will act as important market growth determinant.
The country section of the animation market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Animation Market Share Analysis
The animation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to animation market.
The major players covered in the animation market report are Adobe., Autodesk Inc., iPi Soft LLC., Exocortex Technologies, Inc., Smith Micro Software, Inc., Corel Corporation., EIAS3D, MAXON COMPUTER GMBH., SideFX., NewTek, Inc., Animaker Inc., Renderforest, Aptech Ltd., Toon Boom, Trimble, Inc., Pixologic, Inc., AutoDesSys, Inc., 3D Labz Animation Limited, SQUEEZE ANIMATION STUDIOS and Animantz. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Animation Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.