Generative AI in Animation Market Size, Share, By Type (Generative Adversarial Networks, Variational Autoencoders, Transformers, and Other Types), By Component (Solutions, and Services), By Application (Television and OTT, Films, Advertisements, Gaming, and Other Applications), By End-User Industry (Studios and Production Houses, Freelancers and Independent Animators, Advertising Agencies, and Others), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI563824 | Publish Date: September 2024 | No. of Pages: 184

Generative AI In Animation Market Size

Generative AI in Animation Market Size

Generative AI in Animation Market Size was valued at USD 8.9 billion in 2024 and is expected to grow at a CAGR of 36.1% to reach USD 147.5 billion by 2034.

The animation business is undergoing a transformation thanks to generative AI, which uses sophisticated algorithms and machine learning models to boost creativity, expedite production, and cut expenses. Character design, scene transitions, and frame-by-frame drawing are just a few of the complex and time-consuming chores that come with animation. Through the automation of monotonous activities and the provision of novel content generation opportunities, generative AI revolutionizes existing processes and frees up artists and studios to concentrate on more advanced creative elements.