3D animation is the process of creating three dimensional moving images in a digital environment. It is a digital successor to the stop-off motion techniques using 3D models, and traditional animation techniques which use frame-by-frame animation of 2D illustrations. The technique of generating 3D animation is consecutively characterized into three main sections modeling, layout & animation and rendering.
Global 3D Animation Market Size & Growth:
The global 3D animation market will be growing at a CAGR of 11.9% to reach $29.5 Billion by 2025 from $15.03 Billion in 2019 during 2019-2025. The market growth can be attributed by the factors such as high adoption of visual effects by media & entertainment industry, cumulative demand for 3D mobile applications and games, and rising use of 3D mapping technology in navigation and geospatial analysis. Also, increasing use of 3D animation technology in medical forensics and growing competitiveness in virtual reality and artificial intelligence are also contributing to the market growth. The dearth of investment, lack of government support, growing competition, increasing price sensitivity, the threat from piracy and low level of proficiency are major restraints hampering the growth of the market. The emergence of stereoscopic 3D gaming using 3D animation technology and emerging 4D and 5D technologies are major factors creating profitable opportunities to the global 3D animation market during the forecast period 2019-2025.
Global 3D Animation Market Segments Share:
The global 3D animation market is segmented into the component, technology, service, deployment, end user and geography. By component, the global 3D animation market is segregated into hardware, software and services. The hardware segment is estimated to witness
By deployment, the market is segmented into on-premises and on demand. The on-demand segment is projected to register the highest growth rate during the forecast period. The increasing trend of cloud technology has helped most of the animation software providers offer their software on-demand to their clients. By end user, the market is segregated into media and entertainment, construction and architecture, education and academia, manufacturing, healthcare and life sciences, others. The media & entertainment segment is estimated to hold the largest market and is primarily attributed to factors such as the high adoption of motion graphics and visual effects. Gaming, advertisement, and film-making are the most prominent sectors in the media & entertainment industry.
By geography, the global 3D animation market is segregated into North America, South America, Europe, Asia Pacific, Middle East & Africa. Among these, North America holds largest market share due to the huge adoption of 3D imaging technologies including 3D animation and 3D printers. The Asia Pacific is estimated to register the highest growth in the global 3D animation market owing to
Global 3D Animation Market Trends:
Global 3D Animation Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The primary critical players in the Global 3D Animation Market are:
Along with these companies, there were many other companies considered cited in the report while analysing the global 3D Animation market. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
Starting from $2700
Starting from $2700
Starting from $2700
Keep up-to-date with our weekly newsletter, Media Pulse.