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Is Animation the Career For You- A Report (MAAC Guwahati)

Posted last May 11, 2012, 4:36 am in Services report article

 

About Animation

Global animation market (demand perspective) was estimated at USD 59 billion in 2006, estimated to reach USD 80 billion by 2010. Global market for animated content and related services (developer's perspective) is estimated at USD 25-26 billion and is forecast to cross USD 34 billion by 2010.

Indian Market

Animation industry 111 India is expected to grow by CAGR of 27 percent to reach at $1163 million by 2012.

• Indian animation market shows great potential to grow as players in this segment can well tap over    340 million children in the country.

• With just a 60,000 total strength, India is short of more than 1.5 Lacs technical experts in the animation industry    this would increase to 5 lakh by 2011 end.

• To be able to maintain its share of the global pie, and grow it, there is a need for I focused human capital    development for animation and gaming sectors, and for' I Government policy support in the Indian industry.

Case for Focused Human Capital Development for Animation and Gaming  The number of professionals employed by the Indian animation industry in 2006 is estimated at 16,500. This figure is forecast to increase at a CAG R of 14-15 percent by 2010.

According to an industry forecast by Anderson Consulting, the animation industry in India is poised to touch a whopping USD 1.5 billion (or even more) by 2009. Notably, iL was only USD 550 million at present. The growth is largely credited to the fact that bulks of the international animation assignments are being outsourced from India.

 

 

Global Animation and Gaming Industry The Global Animation and Gaming industry, growing at 12% p.a. (2005-2009) is a USD 115 Billion industry (CY 2009). The industry is estimated to continue its growth rate at 10% p.a. to reach USD 170 Billion by CY2013. Figure 2: Global Animation and Gaming Market Revenues (USD Bn)

 

Maya Academy of Advanced Cinematics (MAAC) is the academic and training wing of Maya Entertainment Limited (MEL), a leading computer animation and visual effects studio for film and television in India. A latent demand in the Indian production houses for quality animators and visual effects professionals, spurred the need to establish an academic platform to impart and train young creative talents. This effected in the establishment of MAAC as a premier 3D Animation and Visual Effects institute in the year 2001, with its first centre in Mumbai. Today, the institute has spread across the entire length and breadth of the country with more than 60 centres and is the only animation training brand from India to have a successful presence in the Middle East, Nepal and Sri Lanka.