Global 3D animation market accounted for USD 11.8 billion in 2016 and growing at a CAGR of 11.5% by 2024

Information Technology industry is undergoing transformation owing to the changes in the 3d animation market occurring due to some key players and brands who are currently dominating the market in the forecasted period from 2018 to 2025.
This 3d animation market report is a window to the 3d animation market which explains the terminologies like the market definition, classifications, applications, engagements, and market trends. Likewise, the report also contains the drivers and restraints for the market that are derived from SWOT analysis. The aforementioned report shows all the recent developments, product launches, joint ventures, mergers and accusations by the several key players and brands and their company profiles that are driving the market.

The global 3D animation market accounted for USD 11.8 billion in 2016 growing at a CAGR of 11.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Major Market Drivers & Restraints:
• Rapid Adoption Of Visual Effects Technology In Media and Entertainment
• Growing Demand For 3D Mobile Applications
• Greater Precision , Control and Scenario Visualization
• Heavy Investment

Market Segmentation:
The global 3D animation market is segmented on the basis of technology into 3D modeling, motion graphics, 3d rendering, and visual effects.
On the basis of vertical, the market is segmented into media and entertainment, healthcare & life sciences, and manufacturing.
The global 3D animation market is segmented on the basis of deployment into cloud and on-premise.
On the basis of geography, global 3D animation market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Major Market Competitors:
Some of the major players of the global 3D animation market are Side Effects Software Inc., EIAS3D, NVIDIA Corporation, Corel Corporation, Lenovo, Toon Boom Animation Inc., Pixologic, Inc, Intel Corporation, Advanced Micro Devices, Inc, NewTek, Inc., Autodesk Inc., MAXON Computer, Adobe, Austin Visuals., 3D Labz Animation Limited, Squeeze Studio Animation, Animantz, Pixcube Motion Pictures among others.

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