Global 3D Animation Market Size was valued nearly USD 11.46 Billion by 2017 and is estimated to reach up to USD XX.XX billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 14.5% during the forecast period, i.e. 2017-2025.

3D animation is a process of generating three-dimensional images in digital environment. Manipulation of 3D models or object is carried out within 3D software for enhancing picture sequence giving them illusion of animation or movement. 3D animation has segmented into three sections such as modeling, layout and animation and rendering, the process of production is successfully completed with the careful combination of these sections. 

Global 3D Animation Market Growth Opportunities (Revenue, Growth) By 2017-2025

3D animation is a process of developing/creating 3D dimensional moving images in the digital environment and also it provides different projections and angles making it look lively it engages people visually and thus attract them. It has gone with much advancement in upcoming years. The trend towards 3D animation is increasing tremendously at greater extent in media and entertainment industry.

Market Dynamics:

In 2016 the global market size was valued at USD 11.46 billion. The increasing adoption of visual effects by the media and entertainment industry; due to high growth rate of using 3-D animation, in animation media and entertainment, manufacturing, construction, and other end-use industries due to this there is high competition in virtual reality, augmented reality, and artificial intelligence spaces, are projected to accelerate the market growth significantly.

The 3-D animation industry has been increasing prominence due to adoption of this technology in various applications for developed and effective visual effects. Also government is taking initiatives such as subsidiaries, incentives and tax relief, because of this initiative taken by the government the major growth propellants has increase especially in the developing countries which portray an effective growth opportunity for the market.

The visual Effects (VFX) technique is projected to be a major contributor to the industry growth. VFX technology is used in multiple animations like graphic design, and modelling tools. Due to increasing applications in film- making and gaming industry, due the VFX industry is accelerating in the market significantly.

Market Segmentation:

The major growth is perceived by the gaming industry in the market. The demand for video games is increasing among teenage group population, owing to the technological advancements that can help to create (HD) graphics games.

Increasing demand in entertainment and media industry for 3D animation will increase the market growth significantly during forecast period. The world 3D animation market could be boosted by the advent of AI, VR, and AR and increasing competitiveness as a result of it. Furthermore, rising interest in watching animated movies is predicted to set the tone for valuable growth of the market. Increasing demand in 3d mobile application the growth of 3D animation market has foreseen to extending the growth market in the upward position.

Regional Analysis:

U.S. has gained the highest revenue share  due to huge adoption of  3-D imaging technologies including 3D animation and 3D printer, also In 2016 North American region dominated the industry with a revenue share of close to 40% and is projected to continue in upcoming years.

Asia pacific region is anticipated to boom the market over forecast period. Increasing adoption of visual effects especially in film as well as in gaming industry coupled with the availability of experience and cost-effective labour are anticipated to play a major role in driving the industry demand in the region like China, and Singapore India.

India has being the most dominant markets. The revenue share of the education and academics sector is expected to increase in upcoming period owing to the increased use of animation for conceptual learning and medical education and training purpose. For instance, it is easier to train medical students by using animated content than photography, sketch, and 2D illustration and 3d illustration.

Global 3D Animation Market Size, Share Analysis By Region 2017

3D Animation Market: Secondary Research

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

3D Animation Market: Primary Research

For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in 3D animation market are included as primary sources of the supply side.

After performing comprehensive engineering of 3D animation market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Key Player:

3D animation market Key players  include Autodesk, Inc., Adobe Systems Incorporated, NVIDIA Corporation, Corel Corporation, and The Foundry VisionMongers Ltd. A large number of players have adopted Mergers & Acquisitions (M&A) to tackle the challenges of in-house research & development and to benefit from the cost-effective and experienced skilled labor. For instance, in April 2016, Autodesk, Inc. acquired Solid Angle S.L., which is a supplier of mobile phones, tablets, and 4G smartphones. The acquisition has helped Autodesk, Inc. to improve and render workflows within Autodesk, Inc.’s products and develop new rendering solutions.

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