Animation institute in Borivali
The Indian Media & Entertainment (M&E) industry is expected to grow at a
CAGR of 13.1 percent during FY18-23 to reach INR 2660 Billion
The Indian Animation & VFX industry is projected to grow at a CAGR of 15.5
percent during FY18-23 to reach INR 151.8 Billion.
As Indian VFX Players are moving up the value chain, the VFX industry in
India is seeing strong traction. While Indian VFX houses have made
successful forays in foreign markets, contributing to major blockbusters, the
demand for VFX in domestic films and TV shows has also shot up markedly.
The VFX and Post-production industry in India is projected to grow at a CAGR
of 16.9 percent during FY18-23.
The Indian Animation industry has also continued its growth momentum.
While the linear TV broadcast demand for animation, led by new
kids channel launches, has driven the industry, digital has provided a major
impetus with a number of Video-on-Demand (VOD) platforms launching
kids' properties. Further, the services segment has continued to dominate
animation revenues on the back of demand from TV and film production. The
The animation industry in India is projected to grow at a CAGR of 10.2 percent
during FY18-23.
With a growth rate of 22 percent over the next five years, the gaming in India
is expected to touch INR 118.8 Billion by FY23 on the back of continued
smartphone penetration, growing gaming user base, and improved
monetization supported by increased localization and technology
innovations around data and analytics, Augmented Reality/Virtual Reality
(AR/VR).
* Source – Media ecosystems: The walls fall down –
KPMG in India’s Media and Entertainment report 2018
