Press release
3D Animation Global Market At a 11.7% CAGR Projected Expansion to $38.69 Billion Market Value by 2028
3D Animation Global Market
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=6667&type=smp
According to The Business Research Company's, The 3D animation market size has grown rapidly in recent years. It will grow from $22.5 billion in 2023 to $24.89 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to growing demand in entertainment industry, expanding applications in healthcare and education, globalization of animation studios, cost efficiency in production, diversification of application areas.
The 3D animation market size is expected to see rapid growth in the next few years. It will grow to $38.69 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to emergence of real-time 3D animation, expanding use cases in simulation and training, increasing adoption in e-learning and virtual events. Major trends in the forecast period include immersive technologies integration, real-time rendering advancements, cloud-based animation services, AI and machine learning integration.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/3d-animation-global-market-report
Market Drivers and Trends:
The growing adoption of visual effects technology in movies as well as the media and entertainment sector across the globe is contributing to the growth of the market. Visual effects (VFX) and 3D animation in filmmaking refer to the fabrication or manipulation of any on-screen imagery that does not exist physically in real life. Filmmakers can use visual effects to make places, objects, creatures, and even people that would be hard or impossible to film in a live-action setting. For instance, according to Invest India, an Indian national investment promotion and facilitation agency, India's Media and Entertainment industry is expected to grow to $55-70 Bn by 2030 at 10-12% CAGR, led by OTT, Gaming, Animation and VFX. Therefore, the growing adoption of visual effects technology in movies is expected to propel the 3D animation market growth in the near future.
Major companies operating in the 3d animation market are focusing on advanced solutions, such as AI technology, to meet the demand for more efficient and realistic animation experiences. AI technology refers to systems or machines designed to simulate human intelligence processes, including learning, reasoning, and problem-solving. For instance, in June 2021, Adobe, a US-based software company, launched Substance 3D tools that take advantage of AI technology for immersive creation. The tools are aimed at making more realistic special effects, gaming, and entertainment imagery. Substance 3D provides the cutting-edge technology that veteran 3D artists require while making the medium accessible for new 3D enthusiasts.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
NVIDIA Corporation, Adobe Inc., Autodesk Inc., Trimble Inc., Unity Technologies SF, Lucasfilm Ltd. LLC, DNEG Ltd., Animal Logic Pty Ltd., Method Studios LLC, Blue Sky Studios LLC, Weta Digital Limited, Corel Corporation, Laika LLC, Sony Corporation, Chaos Group, Smith Micro Software Inc., NewTek Inc., MAGI Corporation, SideFX Software Inc., Reallusion Inc., Toon Boom Animation Inc., Maxon Computer Inc., Zco Corporation, Pixologic Inc., The Foundry Visionmongers Limited, Electric Image Inc., Corastar Inc., Foundry Nuke Limited, Moving Picture Company Limited, Framestore Limited, Epic Games Inc., Crystal CG International Limited
3D Animation Market 2024 Key Insights:
• The 3D animation market size is expected to see rapid growth in the next few years. It will grow to $38.69 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%.
• The Rising Adoption Of Visual Effects Technology Fuels Growth In The 3D Animation Market
• AI Innovation Revolutionizing The 3D Animation Market Presence
• North America was the largest region by market share in the 3D animation market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=6667&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release 3D Animation Global Market At a 11.7% CAGR Projected Expansion to $38.69 Billion Market Value by 2028 here
News-ID: 3765536 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Animation
Animation Production Market to See Thriving Worldwide | Walt Disney Animation St …
HTF MI recently introduced Global Animation Production Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2025-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence.
Some key players from the complete study are Walt Disney Animation Studios, Pixar Animation Studios, DreamWorks Animation, Sony Pictures Animation, Illumination…
Animation Gravity: Your Gateway to Stunning Video Animation
In a fast-paced digital world, capturing the attention of the audience demands strong storytelling and compelling ideas. Implementing visuals to your brand's products and messages is the perfect way to beat your digital competitors. Animation videos allow businesses to simply concepts and memorable brand experiences.
Animation Gravity is a leading provider of video animation services that offers innovative solutions to brands looking to elevate their advertising and visual content. The…
Animated Films Market to See Huge Demand by 2030: Pixar Animation Studios, Dream …
According to HTF Market Intelligence, the Global Animated Films market to witness a CAGR of 2.5% during forecast period of 2023-2028. The market is segmented by Global Animated Films Market Breakdown by Application (Children, Adults) by Type (Traditional Animation, 2D Animation, 3D Animation, Motion Graphics, Stop Motion) by Releasing Screen Version (Theatre Version, Original Video Animation Version) by Genres (Action Films, Amateur Films, Animé Films, B Movies, Biographical Films, Blaxploitation…
Global Animated Films Market Size, Share, And Research Report 2021 - 2030 : Key …
The Global Animated Films Market Size was valued at USD 350.23 billion in 2021 and is expected to reach USD 560.32 billion by 2030, growing at a CAGR of 5.20 % during 2021-2030.
Request To Download Free Sample copy of the report @ https://www.sphericalinsights.com/request-sample/1064
Our analysts are monitoring the situation globally to help you understand how COVID-19 will affect the Animated Films Market
The Animated Films global market research studies offer an in-depth…
Mango Animate's Drawing Animation Maker Formulates Thoughts Into Animation
Mango Whiteboard Animation Maker is known as Mango WM among users. This drawing animation maker (https://mangoanimate.com/products/wm) is an easy-to-use software program with an intuitive user interface and easy-to-learn tools, which allows users to create their own animation videos without any prior experience with ease. It provides a library of pre-made objects and characters that can be used as starting points for custom creations, making everything easy.
The hand-drawing feature of this…
Medical Animation Market 2020 Sees Promising Growth | Leading Players are Hybrid …
The primary sources employed while generating this Medical Animation Market report include the industry experts from the industry comprising the management corporation, processing organizations, analytical service suppliers of the industry’s value chain. All primary sources are interviewed to accumulate the data and validate qualitative & quantitative information and conclude future prospects. Secondary research consists of key data about the industry value chain, the complete pool of major players, and application…
