3D Animation Market Projected to Reach 21.05 $ Billion by 2022 | Key Players Include Adobe Systems, Corel Corporation, Autodesk Inc and AutoDesSys

According to recent research "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", the market is 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"
https://www.marketsandmarkets.com/Market-Reports/3d-animation-market-92736816.html?utm_source=OpenPr
Early buyers will receive 10% customization on this report.

This report covers major 3D animation technologies such as 3D modeling, 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 animation market

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.

On-demand deployment is expected to grow at the highest CAGR during the forecast period

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.

Speak to Analyst@ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=92736816&utm_source=OpenPr

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.

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).

Adobe Systems is a key player in the global 3D animation market. The company offers a wide range of 3D animation solutions and services. The company actively follows strategies such as new product developments and acquisitions to strengthen its product portfolio. For instance, in June 2016, Adobe Systems acquired Mixamo, a 3D computer graphics technology company. As a result, Adobe Photoshop was integrated with Mixamo’s 3D technology. This has enabled Adobe Systems to offer easier 3D workflows, as a part of Creative Cloud suite. In August 2016, Adobe Systems launched Adobe Creative Cloud and Adobe Marketing Cloud. This launch helps the company to deliver, measure, advancement in Virtual Reality (VR) and effectively monetize TV and film content across multiple screens.

Corel Corporation is a major vendor in the 3D animation market. The company has formed partnerships and acquired companies to expand and strengthen its 3D animation solution portfolio. In March 2013, Corel formed a partnership with Lattice Technology, a leading provider of digital mock-up and technical communication solution. This partnership enabled Corel to use Lattice technology’s 3D XVL data models to improve technical communication workflow by leveraging 3D techniques. Lattice technology data models are directly accessible by CorelDRAW Technical Suite X6, thereby enhancing the quality of documentation for technical illustrators. Furthermore, in August 2016, Corel acquired MindManager to enhance Corel’s product portfolio and expand its global reach.

Purchase Report@ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=92736816&utm_source=OpenPr

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

This release was published on openPR.