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Animation Market Share, Size, Key Players, Research and
Forecasts to 2025 | Hexa Research
“ The global animation market has been growing by leaps and bounds.”
28 December 2018
The global animation market has been growing by leaps and bounds. Rapid advancements in technology, rise
in gaming services, surge in streaming video consumption, and soaring demand for high-definition visual
content have contributed to market growth. In addition, increase in number of multinational cable channel
companies, studios, and TV broadcasting companies has fueled the expansion of the animation industry.
These entities are engaged in a multitude of activities, ranging from pre-production to distribution. They have
also been focused on different revenue sources such as intellectual property licensing and sales of DVDs.
Partnerships, joint ventures, and co-production are some of the other key strategies adopted by
multinational studios.
The popular strategy of co-production has worked successfully for studios across countries. Flow of funds
from animation houses in developed countries to those in developing ones, and vice versa, has been an
ongoing trend that has benefitted the industry. In recent years, studios in Japan, Europe, and North America,
for instance, have partnered with studios in India and China. This flexibility and exchange of resources,
creativity, and ideas has given the animation industry a significant boost.
Browse Details of Report @ https://www.hexaresearch.com/research-report/animation-market
In October 2017, Singapore, China, and Thai animation companies signed a US$250 million, 10-film
co-production deal, reportedly the biggest animated film cooperation in Asia. The deal involves
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