DUBLIN, March 16, 2018 /PRNewswire/ --
The "Asian Animation, VFX & Games Industry: Strategies, Trends & Opportunities, 2018" report has been added to ResearchAndMarkets.com's offering.
The demand for animation, VFX and gaming in Asia has expanded with the increase in targeted broadcasting hours by cable and satellite TV, availability of low cost internet access, penetration of mobile devices along with the growing popularity of streaming video. In addition, the demand for Animation and VFX content to power immersive experiences such as Augmented Reality and Virtual Reality is growing exponentially.
The rapid advancement of technology has made animation, VFX & games available to the masses, and this industry has become one of the fastest growing segments in the global media and entertainment market. We are increasingly seeing more of the global animation, VFX and games production taking place in a globally distributed mode. An emerging trend in the Asian animation industry is the increasing focus towards production of local animation content for television as well as production of animated movies. A number of Asian animation studios are giving importance to owning and protecting animation content by investing in intellectual property protection mechanisms.
The total value of Asian animation industry was US$ 52 billion in 2017. Most of the segments in the Asian animation industry are growing at the rate of 2-3 % YoY. In Asia the spend on special effects as a percent of production cost is about 5-10%. In Asia, there is a sharp increase in streaming video consumption. The size of streaming market for animation content was US$ 2.4 Billion in 2017 and is growing at an annual rate of 8%. The traditional form of content viewership is giving way to a sharp increase in streaming video consumption. The production cost per animation movie in Asia ranges anywhere between US$ 3 Million to US$ 60 Million. The size of Asian video gaming industry was US$ 43 billion in 2017.
STRATEGIES, TRENDS, OPPORTUNITIES, GROWTH FACTORS
Global consumers are displaying a growing appetite for engaging, high-definition visual experiences. Moviegoers are demanding high quality productions with engaging visual effects and realistic animation and studios are including more animation and VFX shots into films. Consumers are consuming more immersive content across channels such as ultra-high-definition TVs, tablets and smartphones to head mounted devices. Animation, VFX and games content is being consumed not only on Netflix, Amazon, Hulu and Twitch, but also on YouTube, Twitter and Facebook. With the growing internet penetration and access to multimedia devices, customers are spending more time on streaming digital content.
Streaming video is the fastest growing segment distribution channel for animation and is witnessing double digit growth and the same is expected to continue for the next few years. This growth is attributed to the exponential growth in the number of online video viewers throughout the world. Cloud computing is playing a key role in character rendering and modeling processes as cloud based rendering of animation films is more effective and efficient as it reduces the time and cost compared to traditional rendering.
Cloud Gaming services which are growing at an exponential pace would need the right pricing model to both drive adoption and generate sufficient returns for platforms and publishers. The availability of low cost micro-payment systems is allowing users to pay for access or download small quantities of digital content and is the key for online games market to grow. Artificial Intelligence and Machine Learning based techniques are being used for in-game analytics, customer acquisition, retention, cross sell, churn, classify player behavior etc.
Popular eSports tournaments have rich spectator interactions and immersive fan experiences for in-person and online viewers. Micro-segmentation of fans is emerging as eSports leagues and tournament are consolidating various genres, platforms and viewing experiences by careful customer segmentation, targeting and positioning. China has become a leader in eSports and several tournaments are organized throughout the year with millions participating in both online and offline modes.
Key Topics Covered:
Introduction
Animation in Asian Societies
Establishment of Local Animation Industry
Influence of Foreign Animation Styles
Trends in Animation Production in Asia
Animation Studios in Asia
India's Animation, VFX & Gaming Industry
Current State of the Industry
Business Models of Animation Studios in India
State of Animation Channels in India
Size of the Indian Animation Industry
Statistics on Animation Studios in India
Strategies for Animation Studios in India
Animation Schools in India
Indian Video Games Industry
Key Opportunities & Strategies for Indian Video Games Industry
Video Games Market Segments in India
Indian Video Games Market Size & Opportunity
China's Animation, VFX & Gaming Industry
Current State of the Chinese Animation Industry
Chinese Market for TV Animation
Business Models of Animation Studios in China
Size of the Chinese Animation Industry
Statistics on Animation Studios in China
Strategies for Animation Studios in China
Animation Studios in China
China's Video Games Industry
Key Opportunities & Strategies for Chinese Video Games Industry
Chinese Video Games Market Size & Opportunity
South Korea's Animation, VFX & Gaming Industry
Emergence of the Industry
Functioning of Korean Animation Studios
Current State of the Industry
Strategies for Korean Animation Studios
Market Opportunity
Statistics on Animation Studios in Korea
Animation Schools in Korea
Animation Studios in Korea
South Korean Games Industry
Key Opportunities & Strategies for Korean Video Games Industry
Video Games Market Segments in Korea
Korean Video Games Market Size & Opportunity
Philippines' Animation, VFX & Gaming Industry
Current State of the Industry
Animation Education and Training in Philippines
Size of Animation Industry in Philippines
Statistics on Animation Studios in Philippines
Strategies for Philippine Animation Studios
Animation Studios in Philippines
Philippines Games Industry
Key Opportunities & Strategies for Philippines Video Games Industry
Video Games Market Segments
Philippines Video Games Market Size & Opportunity
Taiwan's Animation, VFX & Gaming Industry
Current State of the Industry
Threats to Taiwan's Animation Studios
Animation Schools in Taiwan
Statistics on Animation Studios in Taiwan
Strategies for Animation Studios in Taiwan
Animation Studios in Taiwan
Tawian's Games Industry
Key Opportunities & Strategies for Taiwan's Video Games Industry
Video Games Market Segments in Taiwan
Taiwan's Video Games Market Size & Opportunity
Vietnam's Animation, VFX & Gaming Industry
Key Trends
Animation Studios in Vietnam
Statistics on Animation Studios in Vietnam
Strategies for Animation Studios in Vietnam
Vietnam's Video Games Industry
Key Opportunities & Strategies for Vietnam's Video Games Industry
Video Games Market Segments in Vietnam
Vietnamese Video Games Market Size & Opportunity
Japan's Animation, VFX & Gaming Industry
History of Japanese animation
Key Trends
Anime Exports
Japanese Anime Production Models
Statistics on Animation Studios in Japan
Strategies for Japanese Animation Studios
Animation Studios in Japan
Japanese Games Industry
Key Opportunities & Strategies for Japanese Video Games Industry
Video Games Market Segments
Japanese Video Games Market Size & Opportunity
Thailand's Animation, VFX & Gaming Industry
Key Trends
Strategies for Animation Studios in Thailand
Animation Studios in Thailand
Statistics on Animation Studios in Thailand
Thailand Games Industry
Key Opportunities & Strategies for Thailand Video Games Industry
Video Games Market Segments
Thai Video Games Market Size & Opportunity
Singapore's Animation, VFX & Gaming Industry
Industry Industry Trends
Strategies for Animation Studios in Singapore
Statistics on Animation Studios in Singapore
Animation Studios in Singapore
Animation Schools in Singapore
Singapore Games Industry
Key Opportunities & Strategies for Singapore Video Games Industry
Video Games Market Segments
Singapore Video Games Market Size & Opportunity
Malaysia's Animation, VFX & Gaming Industry
History of Malaysian Animation
Strategies for Malaysian Animation Industry
Strategies for Animation Studios in Malaysia
Statistics for Animation Studios in Malaysia
Animation Studios in Malaysia
Malaysia's Video Games Industry
Key Opportunities & Strategies for Malaysia' Video Games Industry
Video Games Market Segments in Malaysia
Malaysian Video Games Market Size & Opportunity
Indonesia's Animation, VFX & Gaming Industry
Indonesia's first 3D animated feature film
Industry Challenges
Statistics on Animation Studios in Indonesia
Animation Studios in Indonesia
Indonesian Video Games Industry
Key Opportunities & Strategies for Indonesian Video Games Industry
Video Games Market Segments
Indonesian Video Games Market Size & Opportunity
Russia's Animation, VFX & Gaming Industry
Animation Film market in Russia
Strategies for Animation Studios in Russia
Animation Studios in Russia
Value of Animation Industry in Russia
Size of Animation Industry in Russia
Statistics on Animation Studios in Russia
Russian Games Industry
Key Opportunities & Strategies for Russian Video Games Industry
Video Games Market Segments
Russian Video Games Market Size & Opportunity
Israel's Animation, VFX & Gaming Industry
Industry Drivers
Israel's first animated feature film
Industry Challenges
Statistics on Animation Studios in Israel
Animation Studios in Israel
Israel's Video Games Industry
Key Opportunities & Strategies for Israel's Video Games Industry
Video Games Market Segments in Israel
Israel's Video Games Market Size & Opportunity
Pakistan's Animation, VFX & Gaming Industry
History of Pakistani Animation Industry
Current State of the Industry
Strategies for Animation Industry in Pakistan
Animation Studios in Pakistan
Statistics for Animation Studios in Pakistan
Pakistan's Video Games Industry
Key Opportunities & Strategies for Pakistan's Video Games Industry
Video Games Market Segments in Pakistan
Pakistan's Video Games Market Size & Opportunity
Bangladesh's Animation, VFX & Gaming Industry
Current State of the Industry
Strategies for Animation Industry in Bangladesh
Animation Studios in Bangladesh
For more information about this report visit https://www.researchandmarkets.com/research/xc94vx/asian_50_bn?w=5
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