According to Organic Market Research, India Animation Market Share was USD 1.58 billion in 2023 and the market is projected to touch USD 19.84 billion by 2032, at a CAGR of 37.2% during the forecast period. The market is expected to witness robust growth in the coming years, driven by increasing global collaborations, the rise of OTT platforms, and advancements in technology such as AI-driven animation tools. The country’s growing middle class and a youth-oriented population are also driving the demand for high-quality animated content.
The India Animation Market Growth is rapidly growing and becoming a significant hub for animation production, fueled by advancements in technology, increasing demand for entertainment content, and a flourishing outsourcing industry. With a rich cultural heritage and storytelling tradition, India is emerging as a key player in the global animation industry, offering high-quality content for both domestic and international markets.
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Market Segmentation
By Components
- Software
- Services
- Hardware
By Categories
- 3D Animation
- Computer-Generated Imagery (CGI)
- 2D Animation
- Visual Effects (VFX))
By End-User
- Architecture & Construction
- Government
- Defense
- Healthcare & Life Sciences
- Manufacturing
- Media & Entertainment
- Education & Academics
Customization Scope
- Available upon request
Pricing
- Available upon request
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India Animation Market Revenue
Key Players in the Market
The major players in the market are Toonz Media Group Ltd, Green Gold Animation Pvt Ltd, Disney India Pvt Ltd, Prime Focus Ltd, Technicolor SA, UTV Motion Pictures Ltd, Crest Animation Studios Ltd, Dhruva Interactive Pvt Ltd, Maya Digital Studios Pvt Ltd, Liquid Animation Ltd.
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