Animation and VFX Market 2022 Size, Status and Industry Outlook 2027

The Animation and VFX Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Animation and VFX market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Animation and VFX market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Animation and VFX market.

Animation and VFX Market is expected to grow at a CAGR of over 9% during the forecast period 2021 to 2026.

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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), Planetside Software LLC, Bondware Inc. 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:

Media Segment is Gaining Traction Due to Emergence of Online Streaming

- Nowadays, consumers are engaging in high-definition visual experiences. Movie-goers are demanding high-quality productions with engaging visual effects and realistic animation and studios, which includes more animation and VFX shots into films. Also, consumers are consuming more immersive content across channels such as ultra-high-definition TVs, tablets, and smartphones to head-mounted devices. Animation, VFX, and games content is being consumed not only on OTT streaming services such as Netflix, Amazon Prime, and but also on YouTube, Twitter, and Facebook.
- With the growing internet penetration and access to multimedia devices, customers are spending more time streaming digital content, due to which streaming video has become the fastest-growing segment in the distribution channel for animation, thereby witnessing a high-growth and is expected to continue during the forecast period.

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.

Investigator Observers Strong Growth in Specific Regions:

- Europe Market (Germany, UK, France, Russia, Italy)

- Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

- South America Market (Brazil, Argentina, Colombia)

- North America Market (United States, Canada, Mexico)

- Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Animation and VFX Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Animation and VFX Market (%),2016 - 2026
- Animation and VFX Market Share, By Brand
- Animation and VFX Market Share, By Company
- Animation and VFX Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Animation and VFX Market Value Analysis & Forecast
- Promising Animation and VFX Development by Major Companies
- Detailed Animation and VFX Portfolio of the Major Companies
- Major Deals in the Animation and VFX Market
- Major Companies Analysis

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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