Global 3D Animation Market to Reach $33.78 Billion by 2026: AMR

Increase in use of visual effects in movies, surge in demand for high quality content by consumers, and rise in adoption of cloud for animation drive the growth of the global 3D animation market. North America contributed the highest share in 2019, and will maintain its dominance by 2026. The revenue generated from 3D animations will not be affected during the coronavirus pandemic as employees can work from home.

Pune, INDIA


Portland, OR , June 24, 2020 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global 3D animation market generated $14.08 billion in 2018, and is estimated to reach $33.78 billion by 2026, registering a CAGR of 11.6% from 2019 to 2026. The report offers an extensive analysis of changing market trends, top winning strategies, business performance, top players positioning, and competitive scenario.

Increase in use of visual effects in movies, surge in demand for high quality content by consumers, and rise in adoption of cloud for animation drive the growth of the global 3D animation market. However, presence of free & open-source animation software hinders the market growth. On the other hand, integration of virtual reality (VR) technology for visual effects creates new opportunities in the coming years.

Covid-19 scenario:

  • The operations for organizations offering the 3D animation services and products have not been affected much during the coronavirus pandemic as employees can work from home.
  • On the other hand, the demand for 3D animation from the media & entertainment and construction & manufacturing industries has been reduced during the coronavirus outbreak.

The report offers a detailed segmentation of the global 3D animation market based on component, deployment mode, technology, industry vertical and region.

Download Report Sample (150 Pages PDF with Insights) @ https://www.alliedmarketresearch.com/request-sample/6340

Based on component, the solution segment contributed to the largest share in 2018, accounting for more than two-thirds of the total share, and is estimated to maintain its dominant position during the forecast period. However, the service segment is expected to register the highest CAGR of 12.4% from 2019 to 2026.

Based on deployment mode, the on-premise segment accounted for the largest share in 2018, holding nearly three-fifths of the total share, and is expected to maintain the largest share throughout the forecast period. However, the cloud segment is estimated to portray the highest CAGR of 12.6% during the forecast period.

Based on region, North America contributed the highest share, accounting for more than one-third of the total market share in 2019, and will maintain its dominance throughout the forecast period. However, Asia-Pacific is expected to grow at the highest CAGR of 14.1% from 2019 to 2026.

Leading market players analyzed in the research include Pixologic Inc, NVIDIA Corporation, Sidefx Software, The Foundry VisionMongers Ltd, Corel Corporation, Zco Corporation, Maxon Computer, Adobe Systems Incorporated, Autodesk Inc, and Newtek Inc.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/6340

Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at:

https://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request for 14 days free trial of before buying:

https://www.alliedmarketresearch.com/avenue/trial/starter

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

 

Contact Data