Global 3D Animation Software Market to generate revenue close to USD 15.5 BN By 2025
Posted On April 24, 2019
The Global 3D Animation Software Market anticipates reaching USD 15.5 BN by revenue in the year 2025 exhibiting a CAGR of 11.5% from 2019 to 2025. The data was presented in a recently published report by Value Market Research on Global 3D Animation Software Market which reveals all the updated information associated with the industry. As per the study the market was valued USD 7.2 BN (by revenue) in 2018. Ongoing technological advancement along with the rising demand for animation in the gaming and entertainment industry has majorly propelled the market growth of 3D animation software. Rising adoption of 3D animation technology in advertising as well as in architect industry where it gives a better picture of the project is also expected to boost the market growth of 3D animation technology. Additionally, increasing usage of 3D animation in the automotive industry for 3D visualization in order to enhance the design of the product will further augment the market growth over the forecast period.
3D animation software is a highly advanced technology that involves the fusion of both technology and human creativity. This technology basically helps in creating animated pictures and videos with the support of computer graphics. 3D animation technology mainly involves 3 stages which include modeling, animating, and rendering the objects. This technology enables objects to look like as if they are moving in 3-dimensional space by using modeling software to build the objects.
The report "Global 3D Animation Software Market Report By Product (Standard Version And Professional Version), By Application (Construction Field, Animation Field, Media Field And Other Field Application) And By Regions - Industry Trends, Size, Share, Growth, Estimation, And Forecast, 2018-2025” cover various market aspects which is important to get a better understanding of the industry structure.
The market segmentation comprises of product, application, and region. Product section includes standard version and professional version. Out of which, professional version is leading the segment owing to rising demand from various industry verticals such as entertainment & media, architecture, advertising & marketing, geology & life science, fashion & textile and automotive industry. Application area covers construction field, animation field, media field, and other field application. Animation field is dominating the segment owing to the rising adoption of this technology across the entertainment and gaming industry in order to enhance visual effects. Geographically, the market has been analyzed across the region of North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Currently, Asia-Pacific is ruling the global 3D animation software market owing to the booming gaming and entertainment industry where this software is highly in demand for improved visual effects.
The Report Segments Global 3D Animation Software Market -
- Standard Version
- Professional Version
- Construction Field
- Animation Field
- Media Field
- Other Field Application
- North America
- Latin America
- Middle East And Africa
Players Profiled in the Report:
Adobe Systems, Autodesk, Corel Corporation, Corus Entertainment Inc., Nemetschek AG (Maxon), NewTek, Side Effects Software and Smith Micro Software.
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