Global 3D Animation Market: Overview
3D technology is rapidly gaining preference to traditional 2D technology owing to their better graphic quality and clarity and faster rendering of frames. As the benefits of 3D technology are being highly acknowledged worldwide, 3D animation is being increasingly adopted by contractors, game developers, automobile designers, and production houses. The global 3D animation market is experiencing a strong growth in end-user industries such as healthcare, aerospace, defense, automotive, and media and entertainment. The rising trend of smart classrooms is also augmenting the market in the education sector.
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This research report serves as a repository of analysis and information regarding various aspects of the global 3D animation market. These aspects include market dynamics, geographical segmentation, trends, and technological developments. It includes a detailed overview of the competitive landscape of the market. It consists of a separate section of recommendations for both existing and new players in the market.
Global 3D Animation Market: Drivers and Restraints
The increasing interest in animated movies and games is working in favor of the global 3D animation market. Game developers worldwide are increasingly implementing 3D technology with their offerings in order to boost their sales. Moreover, the growing trend of outsourcing animated content is propelling the market. However, the eyesight issues associated with the prolonged usage of gadgets such as 3D viewing glasses are limiting the global 3D animation market from realizing its full potential. Nevertheless, this issue can be mitigated by the introduction of eye-friendly apparatuses. Furthermore, the development of 4D technology is creating immense growth opportunities for the market.
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Global 3D Animation Market: Segmentation Analysis
The global 3D animation market can be broadly classified into software, hardware, and services. Hardware can be further segmented into motion capturing system, workstations, video card/GPU, and others. Similarly, the sub-segments of software are plug-in software, SDK, packaged software programs, and others. Services can be further divided into development, integration, training and certificate, support and maintenance, and consulting.
While hardware will account for the leading share in the market throughout the forecast period, the demand for 3D animation software will rise rapidly during the same period. Several websites are providing complimentary or free of charge software such as Autodesk 123D, Anima8or 3D Modeler, CloudCompare, DX Studio, and MeshLab. Solid Edge 3D Studio Max, NX, and Softimage are some of the commonly available software through subscription.
The key segments on the basis of geography are North America, Asia Pacific, Europe, and Rest of the World. North America is the dominant market for 3D animation owing to the increasing demand for animation content. The domicile of some of the leading mass media and entertainment companies such as Disney and DreamWorks is providing a significant boost to the growth of the region. Asia Pacific will rise at a noteworthy CAGR during the forecast period, with China, India, and Japan being the major contributor.
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Global 3D Animation Market: Companies Mentioned in the Report
Some of the key players in the global 3D animation market are Autodesk, Adobe Systems, Intel Corporation, Advanced Micro Devices Inc., Maxon Computer GmbH, Corel Corporation, Side Effects Software, Lenovo Group Ltd., Nvidia Corporation, Microsoft Corporation, and Newtek Inc.
The study presents reliable qualitative and quantitative insights into:
- Market segments and sub-segments
Market trends and dynamics
Supply and demand chain of the market
Market valuation (revenue and/or volume)
Forces defining present and estimated future state of the competitive landscape
Value chain and stakeholder analysis
The regional analysis covers:
- North America
Middle East and Africa
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Highlights of the report:
- A detailed analysis of key segments of the market
Recent developments in the market’s competitive landscape
Detailed analysis of market segments up to second or third level of segmentation
Historical, current, and projected future valuation of the market in terms of revenue and/or volume
Key business strategies adopted by influential market vendors
Outline of the regulatory framework surrounding and governing numerous aspects of the market
Growth opportunities in emerging and established markets
Recommendations to market players to stay ahead of the competition
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