3D Animation Software Market Size, Share & Trends by 2028

report image

3D Animation Software Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Technology (3D Modelling, Motion Graphics, 3D Rendering, Visual Effects (VFX), and others], Deployment (Cloud-Based and On-Premises), and Application (Media & Entertainment, Healthcare & Lifesciences, Manufacturing, Education & Research, and Others)

Publication Month: Mar 2022 | Report Code: TIPRE00017035 | No. of Pages: 172 | Category: Technology, Media and Telecommunications | Status: Published

The 3D animation software market size is expected to grow from US$ 18,255.51 million in 2021 to US$ 39,395.09 million by 2028; it is estimated to grow at a CAGR of 11.6% from 2021 to 2028.

3D animation software is computer-generated imagery (CGI) program for viewing, generating, and changing static and dynamic 3D pictures and animations. Through numerous technologies, such as visual effects (VFX), 3D modeling, motion graphics, and 3D rendering, the program blends video footage and artificial pictures to create realistic objects and situations. It is frequently used to generate creative effects in brand commercials and product promotions; visualize scientific, product, and system information; and perform visual analytics. It has several applications in sectors such as media & entertainment, architecture, healthcare, and life sciences. Major factors driving the growth of the 3D animation software market include the developing trend of virtual reality (VR) and artificial intelligence (AI), and the increasing demand for 3D mobile apps and games. Furthermore, significant technological advancements and increased use of animation software for educational and academic purposes are boosting the 3d animation software market growth. The 3d animation software market report gives a detailed study of various driving factors and upcoming trends contributing to the 3D animation software market proliferation.

The in North America held the largest 3D animation software market share in 2020 and is expected to be the largest shareholder in the 3D animation software market during the projected period. The market growth in this region is ascribed to the surge in the use of state-of-the-art technologies in the healthcare & life sciences, media & entertainment, and education & academic sectors. The rising use of visual effects in movies, mobile applications, and games further contributes to the 3D animation software market growth in North America. The region has a diverse manufacturing sector, and it is home to most of the world's Fortune 500 firms, and design and R&D departments. As a result of these circumstances, the region has seen a significant increase in designing tools. Furthermore, the existence of a large content creators’ community and the headquarters of video game titans such as Electronic Arts, Activision Blizzard, and Rockstar Games, Inc. are among favoring the adoption of 3D animation software in North America.

3D Animation Software Market Strategic Insights

Report Coverage - 3D Animation Software Market
Report CoverageDetails
Market Size Value inUS$ 18,255.51 million in 2021
Market Size Value byUS$ 39,395.09 million by 2028
Growth rateCAGR of 11.6% from 2021 to 2028.
Forecast Period2021- 2028
Base Year2021
No. of Pages172
No. of Tables88
No. of Charts & Figures86
Historical data availableYes
Segments coveredTechnology, Deployment, and Application
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Russia, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Free Sample Copy Available


Impact of COVID-19 Pandemic on 3D Animation Software Market

The outbreak of COVID-19 dramatically impacted the global economy during its peak in 2020, and the crisis posed various challenges for businesses, which primarily resulted in the development of remote work environments. However, in its initial stages, the COVID-19 pandemic affected the software industry, which further started witnessing a recovery trend from the second half of 2020. The increased adoption of 3D modeling technologies in applications such as printing, computer-aided design (CAD), medical imaging, marketing, and video games fueled the 3D animation software market growth. However, with ease in restrictions and the launch of mass vaccination programs from the first half of 2021, market players significantly invested in digital technology for the application of animation software, which has been driving improvements in the media & entertainment sector Furthermore, the pandemic invoked a huge need for featured 3D animation software solutions due to the growing adoption of visual effect technology.

3D Animation Software Market

3D Animation Software Market

Get more information on this report :


Market Insights
Increasing Utilization of 3D Animation Software in 3D Mapping and Laser Scanning Applications Boosts Market Growth

The increasing use of 3D mapping and laser scanning technology in applications such as 3D printing, computer-aided design (CAD), medical imaging, manufacturing, and motion pictures is contributing to the growth of the 3D animation software market. These software solutions are being used in 3D mapping and laser screening for geospatial, geological, geophysical, and mining applications. The need for 3D mapping and 3D laser scanning has increased significantly, notably in the defense, military, and aerospace industries. These technologies aid in the improvement of geospatial intelligence made available for defense forces and the enhancement of situational awareness across domains for projects such as continuous monitoring and surveillance, crisis intervention, and extensive area mapping. The use of 3D mapping and 3D laser scanning technology aids in analyzing ventilation, visibility, and light distribution between buildings.

Technology Insights

3D animation software market analysis by technology, the market is segmented into 3D modelling, motion graphics, 3D rendering, visual effects (VFX), and others. The 3D modeling segment accounted for the largest 3D animation software market share in 2020 and is expected to register the highest CAGR in the market during the forecast period. It is used to portray real-world and conceptual visuals for art, entertainment, simulation, and drafting. 3D modeling has applications in virtual reality, video games, 3D printing, marketing, TV and motion pictures, scientific and medical imaging, and computer-aided design and manufacturing CAD/CAM. It is also used in film and television, video game, architecture, construction, product development, science and medical industries to visualize, simulate, and render graphic designs

3D Animation Software Market, by Technology – 2020 and 2028

3D Animation Software Market, by Technology – 2020 and 2028

Get more information on this report :

Deployment Insights

3D animation software market analysis by Deployment, the market is segmented into cloud-based and on-premises. The growth of the market for the cloud-based segment is attributed to its easy accessibility, cost efficiency, and reliable cloud-based model. Thus, delivering on-demand and scalable computing resources as a cloud service is a desirable asset in an industry known for ever increasing and variable demand. The cloud-based deployment offers potential cost saving, enhanced security and reliability in operations.

Application Insights

3D animation software market analysis by Application, the market is segmented into healthcare & life sciences, education & research, media & entertainment, manufacturing, and others. The market for the media & entertainment segment is anticipated to grow at a significant CAGR owing to growing trend for using YouTube, Hotstar, Netflix, Hulu, and Spotify apps. The online data consumption increased by 30% during pandemic. This surge in popularity for film and TV content came from digital sales, streaming services, gaming and user-generated content. Growth in internet penetration and smartphone connections have also propelled the demand for media and entertainment channels.

A few of the players operating in the market are Adobe, Autodesk Inc., Corel Corporation, EIAS3D, MAGIX, Maxon Computer GmbH, NewTek Inc., SideFX, Bondware Inc., and Strata, among others. The key companies adopt strategies such as the research and development, and mergers and acquisitions to expand customer base and gain significant share in the global market, which also allows them to maintain their brand name globally.

Company Profiles

  • Adobe
  • Autodesk Inc.
  • Corel Corporation
  • EIAS3D
  • Maxon Corporation GmbH
  • SideFX
  • NewTek Inc.
  • MAGIX
  • Strata
  • Bondware Inc.

Frequently Asked Questions

The major factors driving the growth of the 3D animation software market is the developing trend of virtual reality (VR) and artificial intelligence (AI) and the increasing demand for 3D mobile apps and games. Animation software and stereoscopic 3D gaming platforms are widely used to generate aesthetically improved and immersive animations, life-like characters, and scenes. Furthermore, significant technological advances and increased use of animation software for educational and academic applications are boosting the market growth. Educational material and e-learning platform providers include 3D animated films into their curriculum to create a stimulating learning environment. Furthermore, increased use of this software for 3D mapping and laser screening for geospatial, geological, geophysical, and mining applications is expected to increase the market growth.
Virtual reality technology is evolving in a variety of ways. The use of virtual reality technology in the production and design of 3D animation may significantly increase the interactivity of 3D animation, which is advantageous in advancing the animation business. Virtual reality technologies have advanced significantly due to advancements in computer technology and societal requirements. The introduction of virtual reality might enhance the global 3D animation software industry. On the other hand, increased interest in viewing animated movies in virtual reality is expected to set the tone for the market's lucrative expansion.
Based on technology, the global 3D animation software market is segmented into 3D modeling, motion graphics, 3D rendering, visual effects, and others. The 3D modeling segment accounted for the largest share of the 3D animation software market in 2020.
Based on application, the global 3D animation software market is segmented into the media & entertainment, healthcare & lifesciences, manufacturing, education & research, and others. The media & entertainment segment accounted for the largest share of the 3D animation software market in 2020. Moreover, the healthcare and lifsciences segment is projected to grow at a faster pace during the forecast period.
The growing need for 3D animation software in education and academia boosts market growth. As a result, the growing use of 3D animation software in e-learning platforms to enable visual representation for learning is boosting industry growth. The trend of remote schooling resulting from the COVID-19 pandemic in 2020 is also considering increasing the deployment of animations to improve student comprehension, fuelling the expansion of the 3D animation software sector. Furthermore, the growing desire for low-cost animation raises the demand for whiteboard animation, strengthening market development. The growing usage of 3D animation software in professional training also contributes to market expansion. Traditionally, animation needed specialized labour-intensive processes that were both time-consuming and expensive; however, today's 3D animation software allows users to create their own cartoons without substantial knowledge. Teachers are no longer constrained to static pictures; they may easily transform instructional modules into instructive animations.
The key companies operating in the 3D animation software market that are profiled in the report include Adobe, Autodesk Inc., Corel Corporation, EIAS3D, MAGIX, Maxon Computer GmbH, NewTek Inc., SideFX, Bondware Inc., and Strata.
The List of Companies - 3D Animation Software Market 
  1. Adobe
  2. Autodesk Inc.
  3. Corel Corporation
  4. EIAS3D
  5. Maxon Corporation GmbH
  6. SideFX
  7. NewTek Inc.
  8. MAGIX
  9. Strata
  10. Bondware Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global 3D animation software market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations such as specific regional and segmental insight highlights crucial progressive industry trends in the global 3D animation software market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
TIPRE00017035
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Get the Latest COVID-19 Analysis on this market




christmas_festive_offer

Have a Question?

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Speak to Analyst
Pricing
  • $3000 $2700
  • $4550 $4095
  • $6550 $5568
  • $8550 $6840

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis.

    Inquire for Discount