Animation and VFX Market Report: Trends, Forecast and Competitive Analysis to 2030
Animation and VFXTrends and Forecast
The future of the global animation and VFX market looks promising with opportunities in the media, BFSI, entertainment, gaming, and defense markets. The global animation and VFX market is expected to reach an estimated $300.3 billion by 2030 with a CAGR of 10.3% from 2024 to 2030. The major drivers for this market are growing number of online video viewers and escalating preference for 3D-UHD animated movies in theatres.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Animation and VFXby Segment
The study includes a forecast for the global animation and VFX by type, animation platform, end use, and region.
Animation and VFX Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Animation and VFX Market by Animation Platform [Shipment Analysis by Value from 2018 to 2030]:
- Television & OTT
- Films
- Advertising
- Gaming
- Others
Animation and VFX Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Media
- BFSI
- Entertainment
- Gaming
- Defense
Animation and VFX Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Animation and VFXCompanies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies animation and VFX companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the animation and VFX companies profiled in this report include-
- Adobe
- Autodesk
- ipi Soft
- DWANGO
Animation and VFX Market Insights
Lucintel forecasts that 3D will remain the largest segment over the forecast period.
APAC is expected to witness highest growth over the forecast period due to continuous expansion of media and entertainment industry and presence of well-established anime business in the region.
Features of the Global Animation and VFXMarket
Market Size Estimates: Animation and VFX market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Animation and VFX market size by type, animation platform, end use, and region in terms of value ($B).
Regional Analysis: Animation and VFX market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, animation platforms, end uses, and regions for the animation and VFX market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the animation and VFX market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the animation and VFX market size?
Answer: The global animation and VFX market is expected to reach an estimated $300.3 billion by 2030.
Q.2 What is the growth forecast for animation and VFX market?
Answer: The global animation and VFX market is expected to grow with a CAGR of 10.3% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the animation and VFX market?
Answer: The major drivers for this market are growing number of online video viewers and escalating preference for 3D-UHD animated movies in theatres.
Q4. What are the major segments for animation and VFX market?
Answer: The future of the animation and VFX market looks promising with opportunities in the media, BFSI, entertainment, gaming, and defense markets.
Q5. Who are the key animation and VFX market companies?
Answer: Some of the key animation and VFX companies are as follows:
- Adobe
- Autodesk
- ipi Soft
- DWANGO
Q6. Which animation and VFX market segment will be the largest in future?
Answer: Lucintel forecasts that 3D will remain the largest segment over the forecast period.
Q7. In animation and VFX market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to continuous expansion of media and entertainment industry and presence of well-established anime business in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the animation and VFX market by type (2D, 3D, and motion graphics), animation platform (television & OTT, films, advertising, gaming, and others), end use (media, BFSI, entertainment, gaming, and defense), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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