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Evolving Market Trends In The Generative AI In Animation Industry: Advancements In Text-to-Animation Services Drive Innovation In The Generative AI Animation Market
The Generative AI In Animation Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Generative AI In Animation Market Size During the Forecast Period?
In recent years, the market size for generative AI in animation has seen substantial expansion. The market is set to increase from $1.75 billion in 2024 to $2.39 billion in 2025, reflecting a compound annual growth rate (CAGR) of 36.6%. Various factors have contributed to this historical period of growth, including the automation of animation procedures, the development of animations reflecting real-world scenarios, explorations of new animation styles, enhanced creative output, and broad-based acceptance and implementation.
The market size of generative AI in animation is predicted to witness significant growth in the coming years. The growth will increase to $8.24 billion by 2029, having a compound annual growth rate (CAGR) of 36.3%. This growth during the prediction period is attributed to factors such as ethical considerations, compatibility across various platforms, the integration of interactivity, improvements in efficiency, enhancements in realism and accessibility. Key trends during this forecast period are likely to be procedural animation, style transfer in animation, improved scene generation, lip sync driven by AI, and real-time character animation.
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What Are the High-Growth Segments in the Generative AI In Animation Market?
The generative AI in animation market covered in this report is segmented -
1) By Type: Transformers, Generative Adversarial Networks, Variational Autoencoders, Other Types
2) By Components: Solutions, Services
3) By Application: Television And Over-The-Top, Films, Advertisements, Gaming, Other Applications
Subsegments:
1) By Transformers: Encoder-Decoder Transformers, Vision Transformers (Vit), Generative Transformers For Animation
2) By Generative Adversarial Networks (Gans): Conditional Gans, Cyclegans, Stylegans, Dcgans (Deep Convolutional Gans)
3) By Variational Autoencoders (Vaes): Conditional Vaes, Beta-VAE, Variational Recurrent Autoencoders
4) By Other Types: Recurrent Neural Networks (RNN), Generative Models For 3D Animation, Diffusion Models
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What Key Drivers Are Expected to Influence Future Generative AI In Animation Market Growth?
The growth of the generative AI in animation market is anticipated to be fueled by the burgeoning gaming industry. The scope of this industry includes the inception, creation, distribution, and revenue generation of video games on a variety of platforms, including consoles, computers, and handheld devices. The upward trajectory of the gaming industry is due to the increased accessibility provided by mobile platforms and the expanding global community that views gaming as a form of entertainment and a competitive sport. Generative AI is transforming gaming animation by independently producing realistic characters and scenarios, improving the immersive experience and shortening production times. The technology's capacity for procedural generation provides endless possibilities, molding dynamic storylines and vast virtual environments. For example, the Entertainment Software Association, an American trade organization for the video game industry, reported that consumer expenditure on video game content, hardware, and accessories in the United States amounted to $7.6 billion in December 2022, a 2% increase from the same period in 2021, contributing to a total of $56.6 billion for the entirety of 2022. Consequently, the flourishing gaming industry is catalyzing the expansion of the generative AI in animation market.
Which Companies Hold the Largest Share Across Different Generative AI In Animation Market Segments?
Major companies operating in the generative AI in animation market report are Alphabet Inc.; Microsoft Corporation; Meta Platforms Inc.; Amazon Web Services Inc.; Netflix Inc.; NVIDIA Corporation; Adobe Inc.; Autodesk Inc.; Epic Games Inc.; Pixar Inc.; Wētā FX; The Cinesite Group; Hugging Face Inc; MAXON Computer GmbH; Synthesia A S; Kinetix; Runway AI Inc; AI21 Labs; Descript Inc; Toon Boom Animation Inc.; Side Effects Software Inc.; Wibbitz Inc; Midjourney Inc; Lumen5 Technologies Ltd; RADiCAL Solutions Inc
What Trends Are Driving Growth in The Generative AI In Animation Market?
To propel their revenues, prominent enterprises in the generative AI in animation sector are developing novel services, such as browser-based generative AI services. These novel services are transforming the animation field by providing innovative tools and methodologies to animators for the creation of visually delightful and captivating animations more productively and efficiently. For example, in March 2024, DeepMotion Inc., a cloud-based deep learning motion intelligence corporation from the US, introduced Saymotion. Saymotion is a creator platform and a new browser-based generative AI service that leverages generative AI technology to convert text prompts into intricate 3D animations swiftly and with optimal ease. The platform deploys natural language processing (NLP) to transform text prompts into 3D animations and produces animations in FBX (Filmbox), GLB (GL Binary), and BVH (Biovision Hierarchy) that can be exploited in DCC software and game engines. Users can generate detailed animations of human characters by simply entering text prompts that outline the character's attributes, actions performed, and the direction, orientation, or style of the animation.
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What Are the Emerging Geographies for The Generative AI In Animation Market Growth?
North America was the largest region in the generative AI in animation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the generative AI in animation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Generative AI In Animation Market?
2. What is the CAGR expected in the Generative AI In Animation Market?
3. What Are the Key Innovations Transforming the Generative AI In Animation Industry?
4. Which Region Is Leading the Generative AI In Animation Market?
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