The global 3D
animation market is expected to reach USD 28.31 billion by 2025,
according to a new report by Grand View Research, Inc. Growing applications of
animation in the media & entertainment, healthcare & life sciences,
manufacturing, and education & academics industries is expected to drive
the market significantly.
The creation of dynamic content and high-end visuals
has enabled the biotech, medical devices, and pharmaceutical industries to
exploit the benefits of 3D animation. Animation is being used for maximizing
sales, as it enables providers to emphasize and focus on the benefits of
products and services by delivering an engaging, educational, and entertaining
experience to the viewers.
The increasing use of 3D animation technologies is
expected to influence the end-use industries positively. In case of medical
science, 3D animation techniques are one of the most effective ways for
communication as they display the human body in a polygonal form, which cannot
be replicated using photography, sketch, and two-dimensional illustrations.
Traditionally concentrated in the developed countries,
the 3D animation market has paved its way into the emerging countries such as
India, China, and the Philippines owing to the increasing trend of outsourcing
animation activities to these countries. In 2016, the North American region
accounted for the largest revenue share of the 3D animation market. However,
the Asia Pacific region is expected to witness robust growth throughout the
forecast period.
Browse full research report on Global 3D Animation Market: https://www.grandviewresearch.com/industry-analysis/3d-animation-market
Further
key findings from the report suggest:
- The 3D modeling segment is expected to account for the largest
revenue share by 2025 and register an estimated CAGR of around 10% over
the forecast period
- The visual effects segment was valued at around USD 2.1 billion in
2016, primarily attributed to the increased demand from the media &
entertainment industry
- By 2025, the media & entertainment end-use segment is projected
to account for around 35% of the total revenue share
- In 2016, the North American region accounted for the largest
revenue share and is anticipated to retain its dominance throughout the
forecast period
- Asia Pacific is projected to emerge as the fastest growing market
since there is a growing emphasis on producing local animated content
apart from the outsourced assignments performed by regional firms
- The key players in the industry include Autodesk, Inc., Corel
Corporation, Zco Corporation, Adobe Systems Incorporated, NVIDIA
Corporation, and NewTek, Inc.
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/digital-media
Grand
View Research has segmented the 3D animation market into technique, component,
deployment, end-use, and region.
Technique
Outlook (Revenue, USD Million; 2014 - 2025)
- 3D Modeling
- Motion
Graphics
- 3D Rendering
- Visual
Effects
Component
Outlook (Revenue, USD Million; 2014 - 2025)
- Hardware
- Software
- Service
Deployment
Outlook (Revenue, USD Million; 2014 - 2025)
- On-premise
- On-demand
End-Use
Outlook (Revenue, USD Million; 2014 - 2025)
- Media &
Entertainment
- Architecture
& Construction
- Education
& Academics
- Manufacturing
- Healthcare
& Lifesciences
- Government
& Defense
- Others
Regional
Outlook (Revenue, USD Million; 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia Pacific
- Australia
- China
- India
- Japan
- Latin America
- Brazil
- Mexico
- Middle East
& Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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