Animation Market 2020 Revenue, Future and Business Analysis by Forecast 2026
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Japan, Japan, Fri, 13 Nov 2020 07:01:48 / Comserve Inc. / — Global Animation Market is valued approximately USD 335.7 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.79 % over the forecast period 2020-2026.
Global Animation Market is valued approximately USD 335.7 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.79 % over the forecast period 2020-2026. Animation is a method in which pictures are manipulated to appear as moving images. Animations are of traditional, 2D, 3D and others. Where in traditional animation, images are drawn or painted by hand on transparent celluloid sheets to be photographed and exhibited on film. With adoption of advanced technologies, most animations are made with computer-generated imagery (CGI). Computer animation can be very detailed 3D animation, while 2D computer animation can be used for stylistic reasons, low bandwidth or faster real-time renderings.
The rising media and entertainment industry, growing competition across industries and continuous advancements in technology and expansion of 3D and 4D technologies are the few factors responsible for growth of the market over the forecast period. Furthermore, the introduction of products and services and other strategic alliance by market key player will create a lucrative opportunity for this market. For instance: as per Company’s news release in January 2019, Autodesk launched Maya 2019, latest version of its popular 3D animation, simulation and rendering software, modeling, featuring significant updates to help artists achieve their creative vision with faster, more interactive and visually engaging working environment.
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The ongoing COVID-19 pandemic and the worldwide reaction to it has compelled companies to radically rethink their strategies and the way they operate. Allowing work form home in various industry sector leading to stable their enterprise in this pandemic situation, so thus the Animation sector is faces challenges. However, issues like piracy and a shift from renting to free streaming over the internet is the major factor restraining the growth of global Animation market during the forecast period.
The regional analysis of global Animation market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the presence of a large number of market players in this region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026.
Major market player included in this report are:
Adobe Systems Incorporated
Autodesk, Inc.
Corel Corporation
EIAS3D
MAXON Computer
SideFX
Smith Micro Software Inc.
NewTek, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Software
Services
By Deployment:
Cloud
On-Premise
By Type:
Traditional animation
2D Vector-based animation
3D computer animation
Motion graphics
Stop motion
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By Industry:
Media and Entertainment
Education
Retail
Healthcare
Manufacturing
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
For more information, please contact:
Hina Miyazu
Shibuya Data Count
Email: [email protected]
Tel: + 81 3 45720790
The post Animation Market 2020 Revenue, Future and Business Analysis by Forecast 2026 appeared first on Comserveonline.
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The MarketWatch News Department was not involved in the creation of this content.
