Table of Contents
What are the Emerging Trends in the Animation Production Companies and Visual Effects Industry? Let’s find down in this article!
The demand for Animation Production Companies & VFX
Global consumers are increasingly interested in engaging, high-definition visual experiences. Moviegoers want high-quality productions with engaging visual effects and realistic animation, so studios are incorporating more animation and VFX shots into their films. Consumers are consuming more immersive content through multiple channels, including ultra-high-definition TVs, tablets, and smartphones, as well as head-mounted devices.
Content for animation, VFX, and games is consumed not only on Netflix, Amazon, Hulu, and Twitch, but also on YouTube, Twitter, and Facebook.
Customers are spending more time streaming digital content as internet penetration and access to multimedia devices increase. Streaming video is the fastest-growing distribution channel for animation, with double-digit growth expected to continue. This increase can be attributed to the exponential increase in the number of online video viewers around the world.
With the increase in targeted broadcasting hours by cable and satellite TV, the availability of low-cost internet access, the penetration of mobile devices, and the growing popularity of streaming video, demand for animation, VFX, and video gaming has increased.
Furthermore, the demand for Animation and VFX content to power immersive experiences such as Augmented Reality and Virtual Reality is increasing at an alarming rate.
Because of the rapid advancement of technology, animation, VFX, and games are now available to the general public, and this industry has become one of the fastest-growing segments of the global media and entertainment market. More and more animation, VFX, and game production is taking place in a globally distributed mode.
Trends in the Animation & VFX Industry
- The combination of live-action and animation will change both the form and content of film animation.
- With increasing participation from computer professionals, programmers, technicians, and others, the animation is no longer a profession limited to animators.
- The evolution of visual effects (VFX), augmented reality (AR), and virtual reality (VR) technologies are profoundly altering the creation and consumption of films, videos, games, and other media.
- Media consumption habits are rapidly changing, film release windows are shrinking, and follow-on markets are shifting away from television, cable, DVD, and rentals and toward streaming and digital downloads.
- The international film market in the number of emerging markets is rapidly expanding and creating new opportunities. Several countries’ regulations limit imported animation content that does not include a certain amount of local participation, and studios are collaborating with local partners to create content.
- Although 2D animation will continue to exist, it will primarily take the form of hybrid 2D/3D animation. Using CGI for backgrounds not only saves money but also allows for a more dynamic camera. Because the training provided to animators is biased toward CGI, artists with traditional 2D skills are becoming increasingly difficult to find.
- Short productions are becoming more popular as a form of entertainment due to changing viewing habits. Short-form content that can be produced quickly and cheaply is generally preferred by viewers.
- Merchandise is already a significant source of revenue for animated films, and it has the potential to become a much larger source of revenue in the future.
- The cloud provides an elastic and scalable solution, as well as a shift from a capital expenditure model to an operational expense model.
- When compared to traditional rendering machines, cloud-based rendering of animation films is more effective and efficient because it saves time and money. Cloud computing provides a flexible and scalable solution to the issue of studio infrastructures that do not scale well with new workflows.
Read more:
- FX and animation studios increasing favor for virtual production and workstations
- South-East Asia’s Animation industry – Some key facts in 2021
Conclusion
Production work is becoming more global, with countries and regions offering tax breaks, subsidies, financial assistance, regional low labor costs, and so on, and Animation Production Companies cutting costs by locating facilities in such areas.
Cloud computing is becoming increasingly important in character rendering and modeling processes because the cloud-based rendering of animation films is more effective and efficient because it saves time and money when compared to traditional rendering.
–
Animost – Vietnam 3D Animation Studio
hello@animost.com