Animation market size worldwide 2017-2020
In 2018, the global animation market was worth 259 billion U.S. dollars, and is expected to grow to 270 billion by 2020. Animation is big business, with consumers increasingly expecting higher quality graphics in gaming, better visual effects in movies and a more immersive consumption experience wherever they go.
Animation in Hollywood
Animated features often perform well at the box office, with films such as ‘Shrek’, ‘Finding Nemo’ and ‘Minions’ proving to be hits with children and adults alike across the globe. Between 1995 and 2019, the highest grossing animated movie at the North American box office was Brad Bird’s ‘Incredibles 2’, earning around 200 million U.S. dollars more than other beloved Disney favorites ‘The Lion King’ and ‘Frozen’.
Disney has a profound effect on the animated movie market, having also released ‘Moana’, Wreck-It Ralph’ and ‘Tangled’. The company’s latest projects include remakes of classic movies ‘The Lion King’, ‘Mulan’ and ‘Dumbo’. The impressive CGI which creates photorealistic effects has incited debates about whether the movies are live-action or animated and paved the way for a whole new breed of cinema. Animation has indeed come a long way, and the 3D animation market in the U.S. has been growing steadily since 2014 with further increases predicted for the coming years.
Animation in Hollywood
Animated features often perform well at the box office, with films such as ‘Shrek’, ‘Finding Nemo’ and ‘Minions’ proving to be hits with children and adults alike across the globe. Between 1995 and 2019, the highest grossing animated movie at the North American box office was Brad Bird’s ‘Incredibles 2’, earning around 200 million U.S. dollars more than other beloved Disney favorites ‘The Lion King’ and ‘Frozen’.
Disney has a profound effect on the animated movie market, having also released ‘Moana’, Wreck-It Ralph’ and ‘Tangled’. The company’s latest projects include remakes of classic movies ‘The Lion King’, ‘Mulan’ and ‘Dumbo’. The impressive CGI which creates photorealistic effects has incited debates about whether the movies are live-action or animated and paved the way for a whole new breed of cinema. Animation has indeed come a long way, and the 3D animation market in the U.S. has been growing steadily since 2014 with further increases predicted for the coming years.
