Anime Studio

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anime studio

Indian Animation Industry in 2010

Gear up Animation Companies because the global animation market (demand perspective) estimated at 59 billion U.S. dollars in 2006 and is expected to reach 80 billion U.S. dollars by 2010. Global market for animated content and related services is estimated at $ 25-26000000000 is forecast to cross $ 34000000000 by 2010.

The Indian animation industry is estimated to $ 354,000,000 in 2006 and forecast to reach $ 869 million by 2010, representing a CAGR of 25 percent over 2006-2010. The Indian gaming industry is estimated at nearly $ 48,000,000 in 2006 and is expected to cross 424 million U.S. dollars by 2010, representing a CAGR of 72 percent over 2006-2010.

'Vision India - Animation Leaders Speak' raised the all important question - Can India outperform or come on par with advanced animation creation of content country? Ashish Kulkarni, Founder and Executive Producer, Anirights Infomedia Pvt. Ltd, is the trustee for the session, while the panellists consisted Vincent Edwards, Director, 'Spiderman'; Tapaas Chakravorti, Managing Director, DQ Entertainment, Ronnie Screwvala, Chairman, UTV, Anthony Boucher, cinnamon Entertainment, UK, and a K Madhavan, CEO, Crest Animation Studio .

India has some positive potential to widen the animation industry. Training, investment in heavy industry, and provides original and compelling content, is critical to its growth.

According to the Chakravorti, international business exposures restricted to non-creative executive and lack of financial assistance from the government is the major deterrents to becoming India recognized as an animation hub.

In an interview with Business Standard, KPMG Advisory Services (P) Ltd Director Jaiddep Ghosh said, "Although India is the largest media consuming market in the world, only 1 per cent of U.S. market size which is estimated at 10 billion U.S. dollars, so far the animation is concerned, the present It is pegged at $ 600,000,000. "

This means India is vast and potentially seen by more and more foreign and domestic investment in this area. Ghosh further goes on to add, "The size of the Indian market is highly fragmented with the top players accounting for 10-15 percent of the translation the office industry. Also, most players are direct or indirect off-shoots of the Indian BPO boom. This legacy and low indigenous demand forced most Players use the outsourcing business model. "

So it's time to gear up for Studios "> Animation Studios.

About the Author

Vijay Kumar is the Internet Marketing Executive of the Kysis Media Lab.

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