3D Animation Market Opportunities and Key Market Players

3D Animation Market

The 3D Animation Market is projected to grow from USD 12.01 Billion in 2017 to USD 21.05 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period, as per a report by MarketsandMarkets.

This report covers major 3D animation technologies such as 3D modeling, motion graphics, 3D rendering, visual effects, and others along with their market trends between 2017 and 2022. The growing adoption of visual effects technology in movies and increasing demand of 3D mobile applications are driving the growth of the global 3D animation market. Increasing use of 3D imaging in mapping geospatial coordinates is also a major driving factor for the 3D animation market.

How emerging 4D and 5D technologies is likely to present opportunities in the animation market?

After the popularity and stability of 3D animation technology, enhanced and advanced 4D and 5D technologies have emerged in the animation arena. The 4D technology has been instrumental in adding a space and time concept to its dimension. It provides animators a capability to move an object around its own mirror image. It helps in making the imagined into reality by engaging animations that effectively picturize a story. Furthermore, the 5D technology considered as the plane of light plots illusion over the 4th dimension of the plane. This enhanced animation technology offers an added advantage to animators for animating pictures and videos effectively. As the 3D technology is not featured to describe the new scientific observations, which can be contented by emerging 4D and 5D technologies. Therefore, these emerging animation technologies provide an additional opportunity to both animators who can use these enhanced technologies for creating advanced movies and games; animation vendors can offer advanced animation technologies to their commercial customers and animators.

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Key Market Players for 3D Animation Market

There are several established players in this market, such as Adobe Systems Inc. (California, U.S.), Autodesk Inc. (California, U.S.), AutoDesSys (Ohio, U.S.), Corel Corporation (Ottawa, Canada), Maxon Computer (Friedrichsdorf, Germany), NewTek (Texas, U.S.), NVIDIA Corporation (California, U.S.), Pixologic Inc. (California, U.S.), SideFX Software (Toronto, Canada), The Foundry VisionMongers Ltd. (London, U.K.), Trimble Navigation Ltd. (California, U.S.), and Toon Boom Animation Inc. (Montreal, Canada). These leading players have adopted various strategies, such as partnerships, collaborations, agreements, mergers & acquisitions, and new product developments, to achieve growth in the global 3D animation market.

Adobe Systems is a key player in the global 3D animation market. The company offers a wide range of 3D animation solutions and services. The company actively follows strategies such as new product developments and acquisitions to strengthen its product portfolio.

Corel Corporation is a major vendor in the 3D animation market. The company has formed partnerships and acquired companies to expand and strengthen its 3D animation solution portfolio.

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