3D Animation Software Market By Product Type (Standard Version and Professional Version), By Application (Construction Industry, Animation Industry, Entertainment & Media Industry, Gaming Industry, Marketing & Advertising Industry and Others) – Growth, Future Prospects and Competitive Analysis 2019 - 2027

Growing Demand for 3D Animation to boost the growth of the 3D Animation Software Market

The 3D animation software market worldwide is expected to grow with a CAGR of 9.6% during the forecast period from 2019 to 2027, starting from US$ 6.50 Bn in 2018. Rapid technological advancement and growing demand for 3D Animation worldwide is the major driving factor for the growth of the 3D animation software market. Growing demand for 3D Animation across industries such as advertising, gaming, media & entertainment, construction, and others. Changing consumers’ preference for animated characters is the other reason for the growth of the 3D animation software market. As a consequence, we expect that the 3D animation software market will show rapid growth during the forecast period. 

Market Synopsis

Gaming Industry will be the Fastest Growing Segment

The 3D animation software market by application was led by the entertainment & media industry in 2018. In the same year, the entertainment & media industry accounted for nearly 30% of the revenue share. Entertainment & media industry has the largest share due to the wide use of 3D animation software for special effects and animated movies the industry. However, the gaming industry will be the fastest growing segment owing to major gaming software vendors such as Nintendo, Ubisoft, Sega Games Co. Ltd., and others developing 3D games. Therefore, we expect the gaming industry to be the fastest-growing segment throughout the forecast period.

North America will continue leading the Market.

North America was the largest value contributor to the 3D animation software market in 2018. North America accounts for over 1/3rd of the market share in the same year. Wide use of 3D animation software for animated films and adoption of advanced technology are major regional growth factors. In addition, in North America, the government is making hefty investments in the adoption of advanced technologies. On account of these factors, we expect that the North American region will continue leading the 3D animation software market throughout the forecast period. On the other hand, Asia Pacific will also grow owing to popular cartoon series in Japan, such as Power Stone, Pokemon, and Detective Conan, among others.

Some of the prominent players operating in the 3D animation software market are Adobe Systems Inc., Corel Corporation, Autodesk, Inc., Toon Boom Animation Inc., Maxon, Magix, NewTek, Inc., Smith Micro Software, Inc., Smith Micro Software, Inc., Corus Entertainment, NewTek, Inc., among others. 

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. In addition, compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027. 

Report Scope by Segments

The 3D animation software market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global 3D animation software market based on product type, application, and geography. Key segments covered in the report are as follows: 

Segmentation  Product Type Segment (2017–2027; US$ Bn)

• Standard Version
• Professional Version

Application Segment (2017–2027; US$ Bn)

• Construction Industry
• Animation Industry
• Entertainment & Media Industry
• Gaming Industry
• Marketing & Advertising Industry
• Others (Healthcare, Textile, etc.)

Geography Segment (2017–2027; US$ Bn)

• North America (U.S. and Rest of North America)
• Europe (U.K., Germany, France, and Rest of Europe)
• Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
• Rest of World (Middle East & Africa (MEA), Latin America) 

Unique data points of this report

• Statistics on 3D Animation worldwide
• Recent trends across different regions in terms of adoption of 3D animation software across various applications
• Notable developments going on in the 3D animation software market
• Attractive investment proposition for segments as well as geography
• Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

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