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Generative AI in Animation Market Set to Hit USD 23.60 Billion By 2032: With a 39.3% CAGR | Polaris Market Research [Yahoo! Finance]
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New York, USA, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Market Overview: Global generative AI in animation market size was valued at USD 1.32 billion in 2023 and is expected to grow from USD 1.66 billion in 2024 to USD 23.60 billion by 2032. The market is likely to register a CAGR of 39.3% during the forecast period, 2024 - 2032. Market Introduction: What is Generative AI in Animation Market? Generative AI allows animators to design lifelike characters with detailed facial expressions, body movements, and environment and scene generation, with minimum manual animation. AI-driven models can reduce the time and effort required to perform complex tasks, enabling animators to focus more on other creative aspects of animation, such as storytelling and dialogue. Generative AI can also be used to generate high-quality lighting and shading, making animations more immersive. Existing animations can be improved by identifying inconsistencies in character movements or lighting using AI tool
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