Animation/Gaming

To set up high-tech gaming in a metropolitan city to provide the experience of realistic using new tech-gadgets and software to gamers, students, children, and youth. Gaming cafes these days are loaded with new technologies like AI...

To set up high-tech gaming in a metropolitan city to provide the experience of realistic using new tech-gadgets and software to gamers, students, children, and youth. Gaming cafes these days are loaded with new technologies like AI and VR and innovative gadgets.

Market Scope:

• In the year 2017, the value of the...
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To set up high-tech gaming in a metropolitan city to provide the experience of realistic using new tech-gadgets and software to gamers, students, children, and youth. Gaming cafes these days are loaded with new technologies like AI and VR and innovative gadgets.

Market Scope:

• In the year 2017, the value of the global gaming industry is of $108.9 billion.
• India ranked 17th with a valuation of $818 million and with a CAGR of 11.14%

Opportunities:

• Good Demand
• Less competition
• Less Manpower

Risks:

• Huge investment
• Place of café

Dos:

• Must update with technology and latest gadgets
• Can start as a low budget gaming café with VR headsets (If your location is surrounded by lower income group people)
• Must go for high-end gaming stations and gadgets (If you want to set up in shopping malls or target higher income group)

Don’t:

• Investment too much
• Buy every gadget or game

Entrepreneurial Qualities:

• Updating with technology
• Judgment to attract masses
• A little knowledge of gaming hardware, Software, gadgets, etc.

Conclusion: The place where you want to set up will decide whether you can go with high-end gaming café or low budget station. If you want to earn good profits you must go for high-end gaming stations.

Market Scope:

• The global 3D animation market size was valued at USD 11.46 billion in 2016
• Tollywood, Bollywood, Cartoon TV channels, Animated Movies, Game developers are clients of...
   

Market Scope:

• The global 3D animation market size was valued at USD 11.46 billion in 2016
• Tollywood, Bollywood, Cartoon TV channels, Animated Movies, Game developers are clients of Animation studios
• Augmented reality/Virtual reality technologies will boost the Animation Industry  See More

Market Scope:

• The global 3D animation market size was valued at USD 11.46 billion in 2016
• Tollywood, Bollywood, Cartoon TV channels, Animated Movies, Game developers are clients of Animation studios
• Augmented reality/Virtual reality technologies will boost the Animation Industry

Description: To set up the Animation studios to provide animation and visual effects which includes 3Dmodelling, Motion graphics, 3Drendering, and VFX (visual effects)

Opportunities:

• Huge Demand
• Less Investment
• Good Profits

Risks:

• Huge competition
• As it is creative work, sometimes it is difficult to reach deadlines

Dos:

• Check existing animation studios’ weakness
• Can start as freelancing
• Can start at home with a group of passionate people

Don’ts:

• Crack software
• Hire unskilled

Entrepreneurial Qualities:

• Creativity
• An eye to detail
• Understanding clients’ need and the emotion in the character
• Updating with the latest technologies and software

Conclusion: If you have immense passion, good networking and great marketing strategies you can make the small animation studio into a big company. Creativity and understanding clients’ need is the key.