MARKET INTRODUCTION
The 3D animation is gaining rapid traction in the gaming and entertainment industry owing to enhanced user experience. In 3D animation, objects appear in a three-dimensional space. Technological advancements in the 3D animation, increased emphasis on the production of High-Definition (HD) videos, and wide usage of 3D animated videos in the manufacturing sector to create a graphic illustration of the working of individual components of heavy machinery are expected to be the key factors propelling the growth of the 3D animation market.
MARKET DYNAMICS
The 3D animation market is anticipated to grow in the forecast period owing to driving factors such as robust demand for 3D apps and games among smartphone users and increasing adoption of visual effects technology in movies. However, lack of investments and government support may hamper the growth of the 3D animation market during the forecast period. On the other hand, the emergence of virtual reality and AI technologies offer lucrative opportunities for the players of the 3D animation market in the coming years.
MARKET SCOPE
The "Global 3D Animation Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of 3D animation market with detailed market segmentation by component, technology, industry vertical, and geography. The global 3D animation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading 3D animation market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global 3D animation market is segmented on the basis of component, technology, and industry vertical. Based on component, the market is segmented as solution and services. On the basis of the technology, the market is segmented as motion graphics, 3D modeling, visual effects, 3D rendering, and others. The market on the basis of the industry vertical is classified as manufacturing, education, construction, media and entertainment, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global 3D animation market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The 3D animation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting 3D animation market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the 3D animation market in these regions.
MARKET PLAYERS
The reports cover key developments in the 3D animation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from 3D animation market are anticipated to lucrative growth opportunities in the future with the rising demand for 3D animation in the global market. Below mentioned is the list of few companies engaged in the 3D animation market.
The report also includes the profiles of key 3D animation companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Adobe Inc.
- Autodesk Inc.
- AutoDesSys, Inc.
- Corel Corporation
- Daz 3D (Daz Productions, Inc.)
- Maxon Computer (Nemetschek SE)
- NewTek Inc. (Vizrt)
- Reallusion Inc.
- SideFX
- Trimble Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.