Animation industry in Asia is going through a rapid success that is powered by a set of factors which drove the region as a leading producer and consumer of animation. The region has been characterized by rich cultural diversity, rapid technological development, and a growing audience for diversified content, which has made it a center for animation studios, artists, and creativity. The main factor that contributes to the industry growth is an accelerating pace of digital entertainment platforms and streaming services in the region. Corporates have been making a huge effort to create so much original animated content in order to meet the wide range of tastes of the Asian audiences. Such a demand for animation is generated making room for more and more projects and allowing studios and creators to have more chances as well.
Moreover, more and more anime, manga and other Asian cartoon genre are all becoming globalized and are the main reason that the industry is growing very fast. Anime has an immense fan-base in many countries and it is one of the reasons why the Japanese animation studios' demand is high now and a new wave of creativity has also been triggered in other Asian countries. Additionally, the developments in technology, which include computer-generated imagery (CGI) and digital animation techniques, have revolutionized the production processes. This has allowed Asian studios to compete on a global level and feed out the quality animation that can compete with the output of the Western studios that were the standard for long. Furthermore, the governments' efforts and subsidies have been instrumental in spurring the growth of animation sector in Asia.
Keeping abreast of the latest developments in this business landscape, Asia Business Outlook has shortlisted the select few companies that have proved their excellence through their innovative approach. In a bid to contribute to the business ecosystem with their result-oriented persistence, these companies are raising the bar for efficacy.
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