TOKYO, Oct. 19, 2022 (GLOBE NEWSWIRE) — The Global 3D Animation Market Size accounted for USD 16,527 Million in 2021 and is estimated to attain a market measurement of USD 47,021 Million by 2030 rising at a CAGR of 12.5% from 2022 to 2030.
3D Animation Market Statistics
- Global 3D animation market worth was USD 16,527 Million in 2021 and anticipated to develop at CAGR of 12.5% from 2022 to 2030
- North America 3D animation market income gathered over 37% market share in 2021
- Asia-Pacific 3D animation market development will document noteworthy CAGR of 13.2% throughout the forecast timeframe from 2022 to 2030
- Based on method sort, 3D modeling phase accounted for round 30% of the general market share in 2021
- By end-user, media & leisure phase acquired 34% of the market share
- Growing use of VFX expertise in movement footage is a well-liked 3D animation market development fueling the business demand
3D Animation Market Growth Factors
- Surging development of 3D cell video games and purposes
- Surging utility of geospatial evaluation and navigation
- Growing demand in medical forensics
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3D Animation Market Report Coverage:
| Market | 3D Animation Market | |
| 3D Animation Market Size 2021 | USD 16,527 Million | |
| 3D Animation Market Forecast 2030 | USD 47,021 Million | |
| 3D Animation Market CAGR During 2022 – 2030 | 12.5% | |
| 3D Animation Market Analysis Period | 2018 – 2030 | |
| 3D Animation Market Base Year | 2021 | |
| 3D Animation Market Forecast Data | 2022 – 2030 | |
| Segments Covered | By Technique Type, By Revenue, By Deployment, By End-Use, And By Geography | |
| 3D Animation Market Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa | |
| Key Companies Profiled | Autodesk, Inc., Pixar Animation Studios, DreamWorks Animation LLC, Walt Disney Animation Studios, Cartoon Network Studios, Studio Ghibli Inc., Warner Bros. Animation, Nickelodeon Animation Studios, and Corel Corporation. | |
| Report Coverage | Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis | |
COVID-19 Impact on the 3D Animation Market
It can be implausible to assert that the pandemic had no impact on the business. Every business engaged in visible results, animation, and online game design has been impacted by the COVID-19 pandemic. Furthermore, predicting which initiatives shall be delayed shall be troublesome, however the leisure business is working arduous to adapt to such conditions. In the midst of the COVID-19 disaster, Nickelodeon launched the #KidsTogether initiative, Cartoon Network created PSAs to help in pandemic schooling, and NVIDIA declared the enlargement of GPU licensing to 500 licences to help corporations in supporting staff. The animation business has not closed down and, the truth is, is rising by leveraging its deep-rooted group.
Global 3D Animation Market Business Strategies
- In September 2016, NVIDIA has introduced collaboration with Maxon, a pioneer in 3D modelling, animation, portray, and rendering options. This collaboration between the 2 corporations will give Maxon entry to Material Definition Technology and NVIDIA Ray.
- In July 2016, Wacom, a pioneer in creating interactive pen tablets, pen shows, and advert digital interference options, and Pixologic have introduced cooperation. Through this alliance, Pixologic will have the ability to present its business clientele with a 3D intuitive pen that may help in 3D design.
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3D Animation Market Segmentation
The method sort, element, deployment, and end-user segments are used to divide the worldwide marketplace for 3D animation. The market is split into 4 classes based mostly on the kind of method used: 3D rendering, 3D modeling, movement graphics, and visible results. The market is split into {hardware}, software program, and repair segments based mostly on element. Additionally, there are two kinds of deployment: on-premise and on-demand. Media & leisure, lecturers, structure & development, manufacturing, authorities & protection, healthcare & life sciences, and others are additional end-user classes.
3D Animation Market Share
According to our 3D animation business analysis, the 3D modeling method sort phase will account for almost all of the worldwide 3D animation market. Based on element, 3D animation software program will account for a large portion of the worldwide 3D animation market. According to our 3D animation market forecast, the on-premise deployment phase held nearly all of market share within the base yr and is predicted to observe go well with all through the forecast interval. The media and leisure phase accounts for almost all of income development within the international 3D animation market.
As main gamers within the VFX and visualization industries deploy on-premise options to keep up and function information, information safety and cost-saving alternatives grow to be out there. These promising components improve segmental growths, which in flip aids the worldwide 3D animation market’s enlargement.
3D Animation Market Regional Growth
The international 3D animation market is split into 5 areas: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa (MEA).
The 3D animation market is now dominated by North America, and this development will maintain true throughout the projection interval. The international animation market, in response to Statista, was estimated to be price US$ 259 billion in 2018 and is projected to achieve US$ 270 billion by 2020. Maximum income of about US$ 200 million is regarded as generated by animated motion pictures as a result of their success on the Hollywood field workplace. Disney is without doubt one of the well-known animated companies, and it has considerably impacted the marketplace for animated motion pictures and can proceed to take action within the years to come back. These components assist the 3D animation market in North America develop.
In distinction, the 3D animation market will expertise the quickest CAGR development in Asia-Pacific over the following a number of years. One of the primary components boosting the enlargement of the APAC area’s 3D animation market is the increasing affect of the media and leisure sectors. The nations in Asia Pacific with the best potential for the 3D animation sector are China, Singapore, Australia, and India. The Asia Pacific 3D animation business is increasing on account of components such because the increasing utilization of visible results expertise in Bollywood motion pictures and 3D cell video games and purposes.
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3D Animation Market Players
The main gamers concerned within the 3D animation market contain Autodesk, Inc., Pixar Animation Studios, DreamWorks Animation LLC, Walt Disney Animation Studios, Cartoon Network Studios, Studio Ghibli Inc., Warner Bros. Animation, Nickelodeon Animation Studios, and Corel Corporation.
Questions Answered By This Report
- What was the market measurement of 3D Animation Market in 2021?
- What would be the CAGR of 3D Animation Market throughout the forecast interval from 2022 to 2030?
- Who are the main gamers in Global 3D Animation Market?
- Which area held the most important share in 3D Animation Market in 2021?
- What are the important thing market drivers of 3D Animation Market?
- Who is the most important finish consumer 3D Animation Market?
- What would be the 3D Animation Market worth in 2030?
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