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Global animation industry was estimated at USD 59 billion in 2006 and is expected
grow at a CAGR of 8% over 2006-2010, to reach USD 80 billion by 2010
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Indian animation industry is currently pegged at USD 354 million in 2006 and expected
to witness a growth of 24% over 2005 and increase to USD 869 million by 2010 |
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The entertainment sector contributes 68% of the total animation market in India |
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The share of fully animated movies is expected to increase from 15% to 28% by 2009 |
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Animation is shaping into the most explosive & dynamic industry and with this
the demand for well trained animation professionals is growing at an astounding
pace.
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Animation industry needs over 30,000 people, while the demand met is a mere 10 %
of the requirement |
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Indian Animation Industry gross revenues to expected to exceed USD 1 Billion by
2010. |
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India would receive more than $2 billion worth animation business |
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Animation industry needs over 30,000 people, while the demand met is a mere 10 %
of the requirement
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By 2006-2007 it is estimated that the Animation industry will need between 30000
and 40000 personnel |
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According to NASSCOM report around 3 Lac skilled professionals will be needed in
the country by 2008
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Further the revenue/employee would be at $ 15,000 and average offshore salary at
$ 7000 by 2008 |
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Organizations like animation studios, web companies, advertising agencies, multimedia
firms, and publication houses among others, critically need skilled animators and
the demand is growing every day |
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With increasing domestic market, feature film / TV Programs, advertising, games,
online education, and industry specific applications like architecture, medical,
defense etc the demand is high. |
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India’s animation sector witnessing a major boom |
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Entertainment giants like Walt Disney, Imax & Sony increasingly outsourcing
cartoon characters & special effects to India |
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International companies such as Warner Brothers and Fun Bag Animation looking at
India for doing projects |
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Other overseas companies outsourcing animation from India for commercials and computer
games |
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Cities like Mumbai, Chennai, Bangalore, Hyderabad and Trivandrum have emerged as
major animation hubs |