Is there a future in animation?
The future of animation is promising but in a state of flux, especially for animation companies and animators in North America. The good news is that over the lest few years there has been an increasing number of content delivery platforms and with that an increasing need for a variety animated content.
Will animation be in demand in the future?
Job Outlook Employment of special effects artists and animators is projected to grow 16 percent from 2020 to 2030, much faster than the average for all occupations. About 7,800 openings for special effects artists and animators are projected each year, on average, over the decade.
What is the market size of the 3D animation industry?
The global 3D animation market size was estimated at USD 16.64 billion in 2020 and is expected to reach USD 18.39 billion in 2021.
What is the future of VFX in the animation industry?
Moviemakers, game developers, and animators are expected to increasingly use VFX technology soon. Furthermore, the emergence of Virtual Reality (VR) and Artificial Intelligence (AI) is expected to provide promising growth opportunities for the market.
Which segment is expected to dominate the animation software market in 2020?
The 3D animation software segment accounted for the largest revenue share of over 50.0\% in 2020 and is expected to retain its dominance over the forecast period. This growth can be attributed to the ability of the software to create virtual objects that appear real & tangible and its significant demand in 3D animated movies and games.
What is driving the growth of the 3D modeling market?
Moreover, the increasing adoption of 3D modeling technology for various applications such as 3D printing, Computer-Aided Design (CAD), marketing, scientific and medical imaging, manufacturing, video games, and motion pictures is expected to drive market growth.