The animation industry has seen significant growth in the last five years, driven by advancements in technology and an increasing demand for animated content.
One of the major factors contributing to the growth of the animation industry is the advancements in animation software. The use of computer-generated imagery (CGI) and motion capture technology has made animation more accessible and efficient, allowing for the creation of high-quality animation at a lower cost. This has led to an increase in the number of animated films and television shows being produced, as well as an expansion in the types of animation being created.
Another factor driving the growth of the animation industry is the increasing demand for animated content from audiences around the world. The popularity of animated films and television shows has risen in recent years, with animated content appealing to both children and adults. Additionally, the growth of streaming platforms like Netflix, Disney+, and Amazon Prime has made animated content more widely available, increasing its reach and popularity.
The animation industry has also seen an increase in the number of international co-productions and collaborations. This has led to a diversification of the types of animated content being produced and an expansion in the global market for animation.
The growth of the animation industry has also had a positive impact on the job market, with a high demand for animators, storyboard artists, and other animation professionals. Additionally, many animation schools and training programs have been established in recent years, providing opportunities for individuals interested in pursuing a career in animation.
In summary, the animation industry has seen significant growth in the last five years, driven by advancements in technology and increasing demand for animated content. The industry is expanding in terms of the types of animation being produced, the number of international co-productions, and the job market opportunities, thus providing a promising future for the industry.
Recently Indian Government released a complete report on the AVGC task force, to know more check the below link
https://mib.gov.in/sites/default/files/AVGC-XR%20Promotion%20Taskforce%20Report%20-%202022.pdf
By
Chaitra Divate
CMO
