3D Animation Market Worth 21.05 Billion USD by 2022
Friday, April 21, 2017
PUNE, India, April 21, 2017 /PRNewswire/ --
According to the new market research report "3D Animation Market by Technology (3D
Modeling, Motion Graphics, 3D Rendering, and Visual Effects), Vertical (Media and
Entertainment, Healthcare and Lifesciences, Manufacturing), Services, Deployment, and
Region - Global Forecast to 2022", published by MarketsandMarkets(TM), the market expected
to grow from USD 12.01 Billion in 2017 to USD 21.05 Billion by 2022, at a CAGR of 11.9%.
Browse 53 market data Tables and 57 Figures spread through 129 Pages and in-depth TOC
on "3D Animation Market"
Early buyers will receive 10% customization on this report.
This report covers major 3D animation technologies such as 3D modelling, motion
graphics, 3D rendering, visual effects, and others along with their market trends between
2017 and 2022. The growing adoption of visual effects technology in movies and increasing
demand of 3D mobile applications are driving the growth of the global 3D Animation Market.
Increasing use of 3D imaging in mapping geospatial coordinates is also a major driving
factor for the 3D Animation Market.
3D modeling technology is expected to hold the largest market share in the 3D
3D modeling enables users to create 3D representation of an object by manipulating
polygons, vertices, and edges in a simulated 3D space. The modeling is done by using a 3D
production software for creating and deforming the polygon surfaces by scanning the object
into a set of data points, used to represent the object. The advantages of 3D modeling
process are increased speed, precision and control, scenario visualization, and reduced
lead times. Increasing use of 3D animation in media and entertainment, manufacturing, and
advertising industries driving the market growth.
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On-demand deployment is expected to grow at the highest CAGR during the forecast
On-demand deployment of 3D animation software involves a remotely located cloud server
where all the applications and functionalities of an animation software are available.
On-demand deployments are time saving and reduce infrastructural expenses. The animation
software is hosted on vendor's server and can be accessed by commercial clients using web
browsers. The growing trend of cloud technology has helped most of the animation software
providers offer their software on-demand to their commercial clients.
North America is expected to hold the largest market share in the 3D Animation Market
As per the geographic analysis, North America is the largest region in the 3D
Animation Market. Countries such as the U.S. and Canada are the major growth drivers of
the region. The strong financial position allows these countries to invest heavily in
leading 3D animation tools and technologies.
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The major vendors covered in the 3D Animation Market include Adobe Systems (California,
U.S.), Autodesk (California, U.S.), AutoDesSys (Ohio, U.S.), Corel Corporation (Ottawa,
Canada), Maxon Computer (Friedrichsdorf, Germany), NewTek, Inc. (Texas, U.S.), NVIDIA
Corporation (California, U.S.), Pixologic, Inc. (California, U.S.), SideFX (Toronto,
Canada), and Toon Boom Animation, Inc. (Montreal, Canada).
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and Others), and by Geography - Forecast to 2020
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