Animation, VFX and Games Market 2019-2025
New Market Study, Report “Animation, VFX and Games Market 2019 Global Industry Demand, Opportunities, Growth Drivers, Challenges, Strategies and Forecasts 2025” Has been Added on WiseGuyReports.com.
This report provides in depth study of “Animation, VFX and Games Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Animation, VFX and Games Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
The global animation, VFX and games are one of the fastest growing segments in the entertainment industry. This is because of the increased number of audiences that indulge in games and animation. The availability of low cost internet has been a driving factor in the expansion of this market at the global level. The increased broadcast time of cable and satellite networks and the penetration of mobile devices that allows for streaming of animated videos and games on the go have also led to the fast growth of this segment at the global level.
The value of the global animation, VFX and games market in the year 2018 was recorded to be 259 billion dollars. By the year 2020, the market is expected to record revenue of almost 270 billion dollars. The CAGR of the market is expected to be close to 2%. The streaming of animation content market share is increasing by almost 8%. The global gaming market was estimated at around 96 billion dollars in 2018 and is expected to grow at a rapid pace in the coming years.
Animation, VFX and game content is being viewed and used by consumers on Netflix, Amazon, YouTube and also on Facebook and Twitter. This is attributed to the growing use of internet and the access to multimedia devices.
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On the basis of type, the global market for animation, VFX and games can be split into 2D Animation, Computer Generated Images, Visual Effects, Network Animation and Enterprise Service. Cloud computing is giving the required boost to the VFX and gaming segments. Artificial intelligence and machine learning based technologies are also driving the growth of the gaming segment. The gaming services market is expected to grow at an exponential rate in the coming years.
On the basis of application, the market can be segmented into high definition television, headgear, smart phone and tablets. The use of high definition televisions, smart phones and tablets is dominating the market share for using animation, VFX and gaming content.
There are many popular players in the global animation, VFX and game market. All these players are developing plans to generate content at low costs. Also with tax incentives available to these players in some regions, they are setting up facilities to develop such content at low labour and computing costs thereby keeping a large profit margin.
The various regions that contribute in a significant manner to the global animation, VFX and game market include Japan, Middle East, North America, Latin America, Europe and Asia Pacific. Japan, China and Middle East are dominating players of this market because of the local generation of content in these regions. Asia Pacific will also see an increased share in the market because of more and more youngsters accessing such content and spending long hours on using it.
E-Sports tournaments are now being organised for online users of animation, VFX and games. These provide for rich spectator interactions. China is leading in this segment and organises such tournaments all-round the year with millions of participants in online and offline modes. E-Sports leagues and tournaments are focusing on micro-segmentation of customers by consolidating various genres and platforms.
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Major Key Points from Table of Content:
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
12 International Players Profiles
12.1 3ds Max
12.1.1 3ds Max Company Details
12.1.2 Company Description and Business Overview
12.1.3 Animation, VFX and Games Introduction
12.1.4 3ds Max Revenue in Animation, VFX and Games Business (2014-2019))
12.1.5 3ds Max Recent Development
12.2.1 Motionbuilder Company Details
12.2.2 Company Description and Business Overview
12.2.3 Animation, VFX and Games Introduction
12.2.4 Motionbuilder Revenue in Animation, VFX and Games Business (2014-2019)
12.2.5 Motionbuilder Recent Development
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