Global Animation Outsourcing Market - Forecasts from 2019 to 2024
The Global animation outsourcing market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2024, from US$XX.XXX billion in 2018. Outsourcing in animation has become widespread and there is an increasing number of animation companies in developing economies with skilled manpower through training programs. Cost advantage associated with the outsourcing is expected to be the prime driver for the growth of the market during the forecast period as global animation players look for cost-effective production options. In addition, outsourcing facilities are increasing in the regions where government support is strong which further propel the market growth opportunities. Furthermore, rapidly growing media and entertainment industry is also increasing the adoption of outsourcing advanced animation tools by the industry players to offer high quality animated videos and films to their audience at the lower cost, thus augmenting the growth of this market.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Global animation outsourcing value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Global animation outsourcing market.
Major industry players profiled as part of the report are Innovecs, N ix Company, Dream Pix, Yeson Entertainment, Backoffice Pro and Zvky Design Studio among others.
The Global animation outsourcing market has been analyzed through following segments:
Media and Entertainment
Middle east and Africa
Key insights offered
What will be the Global animation outsourcing market size from 2018 to 2024?
How are the major drivers and restraints affecting the Global animation outsourcing market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.
N ix Company
Zvky Design Studio
Pep Creations Studio
Next Animation Studio