Animation and VFX Market 2021 Insights with Statistics and Growth Prediction - Adobe Inc., Autodesk Inc., iPi Soft LLC., Clara.io (Exocortex Technologies Inc.), Smith Micro Software Inc

The Animation and VFX Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Animation and VFX Market is expected to grow at a CAGR of over 9% during the forecast period 2020 to 2025.

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Top Leading Companies of Animation and VFX Market are Adobe Inc., Autodesk Inc., iPi Soft LLC., Clara.io (Exocortex Technologies Inc.), Smith Micro Software Inc., Serif Ltd., DWANGO Co. Ltd., Blender Foundation, Synfig Studio, Toon Boom Animation Inc., Act-3D B.V., Epic Games Inc. (Unreal Engine) and others.

Industry News and Updates

- April 2020 - Autodesk released 3Ds Max 2021 version. The latest version from the company focuses on rendering and textures by leveraging the improvements in performance. The version also added support for python 3, scriptable baking, and more focus on CAD-related workflows and interoperability with Autodesk's CAD tools such as AutoCAD and Revit.

- December 2019 - Autodesk announced a release of Maya 2020. The new version is featured with original animation, rendering, effects, modeling and rigging advancements to empower artists throughout the production pipeline

Key Market Trends

Asia-Pacific to Register the Fastest Growth During the Forecast Period

- The APAC region has highly emphasized on the formalization of professional services across the animation and VFX to support the ever-growing media and entertainment industry. Countries such as New Zealand and Singapore have emerged as a hub for VFX artists, as these countries have an ecosystem for animation and VFX schools that offer advanced education in various streams.

- The growth in the consumption of more immersive content across multiple channels such as ultra-high-definition TVs, tablets, and smartphones to head-mounted devices is also propelling the demand of the animation and VFX market, especially across the China region during the forecast period.

- In July 2019, beauty brand Shiseido based in Japan entered into the skincare market by launching a personalized high-tech moisturizer and serum called Optune. The products are formulated by pairing augmented reality (AR) and Artificial Intelligence (AI). The company claims it to be the first IoT smart appliance system in the beauty space combining the intelligent app with a physical dispenser, by leveraging the animation and VFX techniques.

Regional Outlook of Animation and VFX Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Animation and VFX Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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