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The global 3D animation software market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 11% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
The 3D animation software refers to computer-generated imagery (CGI) application that is used for visualizing, developing and modifying static and dynamic 3D images and animations. The software integrates video footage and artificial images to create realistic objects and scenes through various technologies, such as visual effects (VFX), 3D modeling, motion graphics and 3D rendering. The software consists of customizable characters, libraries of animations, automatic lip-syncing and pre-defined sets. It is widely used for developing creative effects in brand advertisements and product promotions, visualization of scientific, product and system information, and visual analytics. It finds extensive applications across various industries, including media & entertainment, architecture, healthcare and life sciences.
Global 3D Animation Software Market Trends and Drivers:
The emerging trend of virtual reality (VR) and artificial intelligence (AI), along with the increasing demand for 3D mobile applications and games, is one of the key factors driving the growth of the 3D animation software market. In line with this, there is widespread adoption of animation software and stereoscopic 3D gaming platforms to create visually enhanced and immersive animations, along with life-like characters and scenarios, which is contributing to the market growth. Furthermore, various technological advancements and increasing utilization of the animation software for educational and academic applications are also providing a boost to the market growth. Educational content and e-learning platform developers are incorporating 3D animated videos in their curriculum to create an effective and engaging learning environment. Additionally, increasing utilization of this software for 3D mapping and laser screening for geospatial, geological, geophysical and mining applications is projected to drive the market further.
IMARC Group provides an analysis of the key trends in each sub-segment of the global 3D animation software market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on technology, service, deployment, vertical and region.
Breakup by Technology:
Breakup by Service:
Breakup by Deployment:
Breakup by Vertical:
Breakup by Region:
The report has also analysed the competitive landscape of the market with some of the key players being Adobe Systems Inc., Autodesk Inc., Autodessys Inc., Corel Corporation, Maxon Computer, Newtek Inc., Nvidia Corporation, Pixologic Inc., Sidefx Software, The Foundry Visionmongers Ltd., Toon Boom Animation Inc., Trimble Navigation Ltd., Zco Corporation, etc.
We expect the global 3D animation software market to exhibit a CAGR of around 11% during 2021-2026.
The emergence of virtual reality (VR) and artificial intelligence (AI), along with the increasing demand for 3D mobile applications and games, are some of the factors driving the global 3D animation software market.
Sudden outbreak of the COVID-19 pandemic has led to the growing adoption of animation software and stereoscopic 3D gaming platforms for indoor entertainment purposes during lockdown across several nations.
Based on the deployment, the global 3D animation software market has been segregated into on-premises and cloud-based. Currently, on-premises represent the largest segment.
Based on the vertical, the global 3D animation software market can be divided into media and entertainment, construction and architecture, healthcare and life sciences, manufacturing, education and research, and others. Among these, the media and entertainment sector currently exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global 3D animation software market include Adobe Systems Inc., Autodesk Inc., Autodessys Inc., Corel Corporation, Maxon Computer, Newtek Inc., Nvidia Corporation, Pixologic Inc., Sidefx Software, The Foundry Visionmongers Ltd., Toon Boom Animation Inc., Trimble Navigation Ltd., Zco Corporation, etc.
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