Three dimensional animation or 3D animation has three dimensions which are – height, width and depth. It looks more realistic than 2D animation. 3D animation is generated by creating model followed by a layout. After creating an object in animation its background is added. 3D animation use computer graphics to create background. 3D animation is majorly used in architecture, interior designing, gaming, business, medicine and film making.
Increasing demand of 3D animation in film and gaming industry is a major factor driving growth of the global 3D Animation Market. 3D technology allows end users to get most realistic experience while watching movies or playing video games with artistic effects that are pleasant to eyes. Demand of 3D video games is increasing, owing to rising teenage population globally. In addition, increasing adoption of 3D technology in mobile applications is another factor fueling the target market. Increasing use of this technology in geographical mapping and navigation purposes is another factor expected to drive growth of the global market in the near future.
The 3D Animation Market is segmented on the Basis of technology, service and regions. On the basis of technology, the global market is segmented into 3D Modeling, Motion Graphics, 3D Rendering, Visual Effects (VFX). The Motion Graphics segment accounts for highest revenue share and is expected to witness significant growth during the forecast period.
On the basis of service, the global market is segmented into Consulting, Support & Maintenance, Integration & Deployment, Education & Training. The Consulting segment is expected to account for highest market share in the global market and expected to witness highest growth in terms of revenue during the forecast period.
On the basis of region, the global market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The market in Asia Pacific accounts for highest share in terms of revenue in the global market. The Asia Pacific market is expected to witness highest growth in terms of revenue over the forecast period.
Key players in the global market include Adobe Systems Incorporated, Autodesk, Inc., AutoDesSys Inc., Corel Corporation, MAXON Computer GmbH, NewTek, Inc., NVIDIA Corporation, Pixologic, Inc., SideFX Entertainment Pvt. Ltd, Toon Boom Animation Inc.
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