Market Research Report
Global 3D Animation Market Size study, by Product Type, Component, Application and Regional Forecasts 2021-2027
|Global 3D Animation Market Size study, by Product Type, Component, Application and Regional Forecasts 2021-2027|
Published: June 18, 2021
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global 3D Animation Market is valued approximately USD 16.64 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 11.7 % over the forecast period 2021-2027. 3D Animation is a computer-generated real-life object which can be moved and rotated three dimensionally. It is also used to depict something which cannot be shot in a live environment. Growing use of 3D animation in segments including education, gaming and manufacturing and increasing adoption of visual effects in the media and entertainment industry has led the adoption of 3D Animation across the forecast period. For instance, In 2016, the media and entertainment segment of 3D animation accounted for USD 4.19 billion and was increased up to USD 11.47 billion in 2020. Increasing use of 3D animation in media and entertainment industry is driving the market. However, Threat from piracy impedes the growth of the market over the forecast period of 2021-2027. Also, with the increasing use of 3D animation in education sector especially for health care and technical students is likely to increase the market growth during the forecast period.
Key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World are considered for the regional analysis of global 3D Animation market. North America is the leading region across the world in terms of market share owing to widespread adoption of 3D animation technology and increasing investment in R&D process. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as rising adoption of innovative 3D technologies and its low cost of production would create lucrative growth prospects for the 3D Animation market across Asia-Pacific region.
Major market player included in this report are:
Adobe Systems Incorporated
The Foundry Visionmongers Ltd.
Side Effects Software Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Media & Entertainment
Architecture & Construction
Education & Academics
Healthcare & Life sciences
Government & Defense
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global 3D Animation Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
a. Market Snapshot
b. Market Snapshot
List of figures