AI and blockchain technology to propel advancement of Anime Market at a CAGR of 7.53% through 2023-2027
The rise in popularity of anime is propelling due to the use of cutting-edge technologies. The development of the Anime Market is significantly influenced by the rise of cutting-edge technology like blockchain and artificial intelligence (AI). As high-speed Internet is continuously implemented, it is contributing to the growth of the anime market and increasing the appeal of anime video games worldwide.
As per data, in 2021, there were 5.22 billion smartphone users worldwide, or almost 66% of the total population. As more people use the Internet to stream material continuously, the number is expected to increase to 8 billion by 2026 further accelerating the anime market worldwide
Between 2022 and 2027, the size of the global anime market is expected to increase by USD 10,518.98 million, growing at a CAGR of 7.53%.
Snapshot of Anime Market Analysis
Bandai Namco Filmworks Inc., Bones Inc., Discotek Media, Kyoto Animation Co. Ltd., PA Works Co. Ltd., Pierrot Co. Ltd., Production IG Inc., Sony Group Corp., The Walt Disney Co., etc are some of the prominent names worth mentioning when it comes to Anime Market sphere.
Moreover usage of Artificial intelligence (AI) enhances character-based shots in anime rendering by automating motion recording, camera tracking, simulation, rendering, character animation, and image processing specially post production. Blockchain is also making inroads into the anime market, creating genuine artwork from illustrations to increase their market value. Learn more about the characteristics of the market and the variables that our thorough analysis predicts will have the biggest effects on it.
Anime Market Highlights of the Report for 2023-2027