According to a recent Allied Market Research report, the global 3D animation industry garnered $14.08 billion in 2019 and is estimated to reach $33.78 billion by 2026.
The report is titled “3D Animation Market by Component (Solution and Services), Deployment Mode (On-Premise and Cloud), Technology (3D Modelling, Motion Graphics, 3D Rendering, Visual Effects, and Others), Industry Vertical (Education, Media & Entertainment, Healthcare, Construction & Manufacturing, Retail, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026.”
Increase in Visual Effects, Demand for High-Quality Content and More
An increase in the use of visual effects in movies, rise in adoption of cloud for animation, and surge in demand for high-quality content by consumers fuel the growth of the global 3D animation market. Integration of virtual reality technology for visual effects is expected to create lucrative opportunities for the key players in the animation industry.
Based on geography, the market across North America accounted for more than one-third of the global 3D animation market revenue in 2018. This finding is due to increase in demand for visual effects, which involves the integration of live-action footage in Hollywood.
Here are some upcoming animated movies to keep on your radar:
Connected: Original Animated Comedy From Sony Pictures Animation
RUMBLE: Biggest Underdog Story
Paw Patrol™ Animated Motion Picture from Spin Master and Nickelodeon Movies
Spin Master Corp. is taking its powerhouse franchise PAW Patrol from the small screen to the big screen. Representing a new chapter for this continually growing entertainment franchise, the feature film is based on the award-winning, hit preschool series produced by Spin Master Entertainment and broadcast globally by Nickelodeon.
PAW Patrol, directed by animation veteran Cal Brunker (Nut Job 2: Nutty By Nature; Escape From Planet Earth), follows the adventures of a tech-savvy boy named Ryder and his team of pups who are ready to save the day. Whenever there’s trouble, pups Chase, Marshall, Rubble, Zuma, Rocky and Skye are ready for action, no matter what comes their way. With a mission to work together to keep Adventure Bay safe, no job is too big, and no pup is too small.
Airing in more than 160 countries and in 30 languages, PAW Patrol is a Spin Master Entertainment production in association with Nickelodeon Movies. Distributed by Paramount Pictures, the film is slated to arrive in theaters in August 2021.