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Carto series insight10/11/2023 The value of this market was forecast to increase by 53 percent between 20, surpassing 11 billion dollars in the latter year. A similar, optimistic prognosis applies to 3D model animation, a stop motion technique created to merge with live-action footage and generate more realistic sequences. While the Chinese 3D animation market was sized at 3.3 billion dollars in 2022, it was predicted to surpass 5.5 billion by 2026. China's share in the industry was also projected to rise in the future. dollars in 2022 and expected it to grow over 50 percent between that year and 2026. The most recent industry sources valued the market at around 18 billion U.S. In 2022, the ranking of highest-grossing video game movies worldwide included blockbusters such as "Pokémon: Detective Pikachu" (2019) and "Sonic the Hedgehog 2" (2022), with animated protagonists interacting with live action, and the fully-animated "The Angry Birds Movie" (2016).Īlong with the overall upward trend in the segment, the global 3D animation market was projected to reach new heights. Pixar ranked first, with nearly three out of four respondents saying they had at least a somewhat favorable opinion of the studio responsible for titles like "The Incredibles," "Finding Nemo," and, of course, "Toy Story." Electronic entertainment is another recurring source material for animation. A 2022 survey asked adult internet users in the U.S. and Canada revolved around cartoon characters: DreamWorks' "Shrek," Disney Pixar's "Toy Story," and Universal's "Despicable Me." However, there is more to the genre than box office figures. As of January 2023, only three of the top 20 most commercially successful movie brands in the U.S. Animations have been scarce in the multi-billion-dollar sub-segment of film franchises. Carto, which helps visualize data on interactive maps, raises a 61M Series C led by Insight Partners, bringing its total funding to 92M mumbaibased videoverse ai seriesplumbventurebeat Mumbai-based Videoverse, which helps companies automate online video content and uses AI to cut editing and processing time, raises a 46.
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