The global 3D animation market size is anticipated to reach USD 28.30 billion by 2025 expanding at a CAGR of 11.0%, according to a new report by Radiant Insights, Inc. Wide usage of the technology in the manufacturing, healthcare & life sciences, media & entertainment, and education & academics industries is anticipated to be the key factor driving the market over the forecast period. The technology can offer several benefits. For instance, three-dimensional animated videos can help students studying medicine in understanding the complexities associated with the human anatomy effectively as compared to the conventional 2D illustrations and photographs.
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Similarly, the technology can also be used in schools and colleges to effectively explain various scientific concepts to the students. In the manufacturing sector, machining shops can develop 3D models of parts and components before their production, which can also aid in 3D printing. Growing use of the technology in educational and academic applications is expected to impel the market growth. Several developers of educational apps and e-learning platforms have started incorporating 3D animated videos in their educational curriculum. Similarly, Scientific Animations Without Borders (SAWBO) is creating scientifically-accurate three-dimensional animations for educational purposes.
Further key findings from the study suggest:
• The visual effects segment is anticipated to expand at the highest CAGR of 12.9% from 2019 to 2025 and 3D modeling is expected to emerge as the largest segment over the forecast period
• The media & entertainment end-use segment is likely to register the largest market revenue share of 34% by 2025
• Software is projected to be the largest as well as fastest-growing component segment over the forecast period
• North America led the overall market in 2018 and is projected to maintain its dominance during the estimated period
• However, the market in Asia Pacific region is said to expand at the highest CAGR of 11.9% from 2019 to 2025
• Some of the key companies in the global 3D animation market include NVIDIA Corp.; Autodesk, Inc.; Adobe Systems Inc.; Corel Corp.; NewTek, Inc.; and Zco Corp.
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Table of Contents
Chapter 1. Methodology and Scope
1.1. Information Procurement
1.1.1. Purchased Database
1.1.2. GVR’s Internal Database
1.1.3. Secondary Sources
1.1.4. Third Party Perspective
1.1.5. Primary Research
1.2. Information Analysis & Data Analysis Models
1.3. List of Data Sources
1.4. Research Scope & Assumptions
Chapter 2 Executive Summary
2.1 3D Animation Market - Industry Snapshot & Key Buying Criteria, 2018 - 2025
Chapter 3 Industry Outlook
3.1 Market Segmentation & Scope
3.2 3D Animation Market Size and Growth Prospects
3.3 3D Animation Market - Value Chain Analysis
3.4 Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Increasing adoption of visual effects in media and entertainment industry
3.4.1.2 Growing use of 3D animation technology in other segments
3.4.1.3 Increasing competitiveness in the virtual reality, artificial intelligence, and augmented reality
3.4.2 Market restraint analysis
3.4.2.1 Threat from piracy
3.5 Key Opportunities - Prioritized
3.6 Industry Analysis - Porter’s
3.7 3D Animation - PEST Analysis
3.8 3D Animation - Key Competitor Analysis, 2018
Chapter 4 Technique Type Estimates & Trend Analysis
4.1 3D Animation Market: Technique Type Analysis
4.1.1 3D modeling
4.1.1.1 Market estimates & forecasts by region, 2014 - 2025 (USD Million)
4.1.2 Motion graphics
4.1.2.1 Market estimates & forecasts by region, 2014 - 2025 (USD Million)
4.1.3 3D rendering
4.1.3.1 Market estimates & forecasts by region, 2014 - 2025 (USD Million)
4.1.4 Visual effects
4.1.4.1 Market estimates & forecasts by region, 2014 - 2025 (USD Million)
Chapter 5 Market Categorization 2: Component Type Estimates & Trend Analysis
5.1 3D Animation Market: Component Type Analysis
5.1.1 Hardware
5.1.1.1 Market estimates & forecasts by region, 2014 - 2025 (USD Million)
5.1.2 Software
5.1.2.1 Market estimates & forecasts by region, 2014 - 2025 (USD Million)
5.1.3 Service
5.1.3.1 Market estimates & forecasts by region, 2014 - 2025 (USD Million)
Chapter 6 Market Categorization 3: Deployment Type Estimates & Trend Analysis
6.1 3D Animation Market: Deployment Type Analysis
6.1.1 On-premise
6.1.1.1 Market estimates & forecasts by region, 2014 - 2025 (USD Million)
6.1.2 On-demand
6.1.2.1 Market estimates & forecasts by region, 2014 - 2025 (USD Million)
Continued…
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Market SnapshotMarket Research Future (MRFR), studied the impact of COVID-19 on the Global 3D Animation Market 2020.
The growing presence of moving images in the digital era is expected to cause the expansion of the 3D animation market in the years to come.
The rapid expansion of the media and entertainment sector can impel the expansion of the worldwide 3D animation market.
Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/2760The rise in the demand for 3D animation can be attributed to the high adoption of visual effects technology in different movies.
The availability of effective 3D animation software for the creation of highly preferred 3D animation movies can drive the 3D market across the global market.
In 2017, the 3D animation market held 42.1% of the world market.
The global 3D Animation Market is estimated to grow substantially in the years to come.
The growing acceptance of graphical special effects by the show business and mass media industry is expected to drive the market further.Increasing usage of animation in mass media & entertaining, industrialized, building, and additional end-use businesses.
Similarly growing effectiveness in the computer-generated realism, increased actuality, and non-natural brains spaces, are likely to considerably motivate the development of the market.
The Sub division of media & entertainment ruled the market in the year 2016 and is anticipated to represent an income stake of roughly 35% by the completion of prediction period.
This is mainly credited to the better acceptance of motion visual aid and graphical special effects in the subdivision.The report “3D Animation Market” is available now at https://www.millioninsights.com/industry-reports/3d-animation-marketThe 3D Animation industry on the source of Type of Placement could span On-demand, On-premise.
Yet, on-demand placement is likely to observe significant development above the period of prediction, that can be accredited to the growing acceptance of cloud centered animation software resolution.The 3D Animation market on the source of Type of Constituents could span Service, Hardware, Software.
