Global 3D Animation Market Illustrated to Evaluate to USD 46.89 Billion Growing at a CAGR of 12% by 2022

MRFR Press Release/- Market Research Future published a Cooked   research “Global 3D Animation Market Research Report - Forecast to 2022” Market Analysis, Scope, Stake, Progress, Trends, and Forecast up to 2022    

3D Animation Global Market – Overview
3D Animation is widely accepted by people due to involvement of visually engaging and powerful elements.  According to a recent study report published by Market Research Future, The global market of 3D Animation is projected to grow at a rapid pace during the forecast period (2022 – 2030).  The Market is forecasted to demonstrate a spectacular growth by 2022, The global 3D Animation market is expected to grow at USD ~46.89 Billion by 2030, at ~11.7% of CAGR between 2022 and 2030.

3D Animation is a process of developing/creating 3D dimensional moving images in the digital environment. 3D Animation has went through many advancements in recent years. The trend towards 3D Animation is continuously growing. 3D Animation is growing fastest in the media and entertainment industry. 3D Animation provides view in different projections and angles making it look lively. The 3D Animation engages people visually and thus attracts them. 3D Animation trend is growing among game developers and designers. It has been observed that architects and smart classes segment is also expected to show a trend of 3D Animation in recent years.  It has been observed that 3D Animation has the wide scope in construction industry which requires customized animated solution based on industry requirement. The customized solution providers charge high cost for the solution that hinders the growth of 3D Animation market in construction industry.

The study indicates that 3D Animation provides many benefits such as it provides superior ability to portray movements, great visual effects, and time management, attention catching and others. These numerous benefits of 3D Animation boosts the 3D Animation market. The study indicates that the growing adoption of visual effects technology in movies and the increasing demand for 3D mobile applications are driving the 3D Animation market. Apart from it the increase in the use of 3D mapping technology for GPS and navigation is also driving the 3D Animation market. With the release of numerous animation movies that are attracting huge audience, 3D Animation has emerged as one the fastest growing trends in media and entertainment industry. 3D Animation is gaining traction mainly by the game developers, designers, production houses and others. Simultaneously, rising trend of smart classroom among many education institutes, is fuelling the market growth of 3D Animation.  3D Animation market is primarily driven by the growing adoption of 3D Animation technology in various application areas. This technology had been widely used across corporate production, textile, clothing and fashion, advertisement, television, computer gaming, and publishing industries to effective offer their services to consumers.

The study reveals that lack of finance and the high cost of 3D Animation is a restraining factor for the 3D Animation market.

3D Animation Global Market – Competitive Analysis
The 3D Animation market appears to be highly competitive owing to the presence of several large and small key players accounting for a substantial market share. More than half of the market occupied by the major vendors. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain competitive advantage in this market and to maintain their market position. The global 3D Animation market is anticipated to witness relentless innovations and development, eventually result in intense competition among the Key Vendors. The Market is anticipated to demonstrate high growth potential which will attract several new entrants in the market.

Key Players-
Autodesk (U.S.), Image Metrics (U.S.), Maxon Computer (Germany), Corel Corporation (Canada), Adobe Systems Inc. (U.S.), Autodesk Inc. (U.S.), NVIDIA Corporation (U.S.), Pixologic Inc. (U.S.), SideFx Software (Canada), The Foundry VisionMongers Ltd. (U.K.), Trimble Navigation Ltd. (U.S.)  are some of the prominent players at the forefront of competition in the Global Market of  3D Animation and are profiled in MRFR Analysis.

3D Animation Global Market – Segments
The 3D Animation Market can be segmented in to 5 key dynamics for the convenience of the report and enhanced understanding;

Segmentation By Software: Comprises SDK, Plug-in Software, Platforms, Others.

Segmentation By Service: Comprises Support & Maintenance, Integration & Deployment, Consulting and other.

Segmentation By Hardware: Comprises Motion Capturing Systems, Workstation, Video cards and GPU and other.

Segmentation By End-User: Comprises Media & Entertainment, Architecture, Healthcare, Education and other.

Segmentation By Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

3D Animation Global Market – Synopsis
Growing adoption of visual effects technology in movies, increasing demand for 3D mobile applications and games, and increase in the use of 3D mapping technology in navigation and geospatial analysis are some of the driving factors for the growth of 3D Animation technology

3D Animation Global Market –

Regional Analysis

The regional analysis of 3D Animation market is being studied for region such as Asia pacific, Americas, Europe and Rest of the World. Rapid developments animation industry has driven the market of 3D Animation in North America. It has been observed that North America region is the leading in 3D Animation market. The study reveals that Asia-Pacific region is expected to show a sudden hike in the 3D Animation market during the forecast period. Asia-Pacific countries like China, Taiwan, India, and South Korea have a fair share in the 3D Animation market. In Europe region, the market for 3D Animation is witnessing high growth rate due to presence of large number of automotive and aerospace companies that are using 3D Animation technology for improving their business productivity.

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