Animation and VFX Market | Business Growth, Development Factors, Current and Future Trends till 2031 | Smith Micro Software, Inc. Sony Pictures Animation, Inc. Synfig Studio

The animation and VFX market is estimated to grow at a considerable CAGR of around 10% during the forecast period (2020-2026). The growing usage of the animation and VFX technology by the end-user verticals is a key factor promoting the growth of the animation and VFX market across the globe. Visual effects (VFX) technology is being highly preferred by the game developers, animators, and filmmakers in the cases where they technically want to exhibit something which is otherwise impossible to shot in a live or real environment. The VFX technology is being used to develop creative effects in making the logo, brand advertisement, and product promotion of companies. Moreover, with the adoption of the VFX technology in the film, cinema, and gaming this technology is being also applied in visual analytics, information visualization, systems visualization, product visualization, scientific visualization, and other related fields.

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The media and entertainment segment is anticipated to showcase considerable growth during the forecast period. The rapid adoption of visual effects in the media and entertainment industry is a key factor contributor to the growth of this market segment. The rising internet penetration, easy access to multimedia devices and high consumer spending on highly animated motion pictures are the key factors driving the growth of this market segment.

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• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Animation and VFX Industry Market by Category
o Animation
o 2D Animation
o 3D Animation
o Visual Effects (VFX)

Global Animation and VFX Industry Market by End-User
o Media and Entertainment
o Gaming
o Others

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o Act-3D B.V.
o Adobe, Inc.
o Autodesk Inc.
o Bandai Namco Holdings, Inc.
o Blender Foundation
o Clara.io (Exocortex Technologies Inc.)
o Corel Corp.
o DWANGO Co., Ltd.
o Epic Games, Inc. (Unreal Engine)
o iPi Soft, LLC.
o Planetside Software, LLC
o Serif, Ltd.
o Smith Micro Software, Inc.
o Sony Pictures Animation, Inc.
o Synfig Studio
o The Foundry Visionmongers, Ltd.
o Toon Boom Animation, Inc.

The Report Covers
• Market value data analysis of 2019 and forecast to 2026.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global animation and VFX market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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