Pune, India -- (SBWIRE) -- 02/22/2018 -- The global 3D Animation Market accounted for USD 11.8 billion in 2016 growing at a CAGR of 11.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Also the Global 3D Animation Market, By Geography, Technology (3D Modeling, Motion Graphics, 3D Rendering, and Visual Effects), Vertical (Media & Entertainment, Healthcare & Life sciences, Manufacturing), Deployment (Cloud, On-Premise)- Industry Trends and Forecast to 2024.

The 3D animation is a process of converting the objects into a three-dimensional space which adds a better presentation to the object and makes it more appealing. The growing usage of the 3 D technology in the gaming, designing, navigation, geospatial analysis, media and entertainment field is fuelling the growth of this market where as the high cost involved in the technology is one of the major restraining factor for this market.

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Major Market Drivers & Restraints:

- Rapid Adoption Of Visual Effects Technology In Media and Entertainment
- Growing Demand For 3D Mobile Applications
- Greater Precision , Control and Scenario Visualization
- Heavy Investment

Market Segmentation: Global 3D Animation Market

The global 3D animation market is segmented on the basis of technology into 3D modeling, motion graphics, 3d rendering, and visual effects.

On the basis of vertical, the market is segmented into media and entertainment, healthcare & life sciences, and manufacturing.

The global 3D animation market is segmented on the basis of deployment into cloud and on-premise.
On the basis of geography, global 3D animation market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Company Share Analysis: Global 3D animation Market

The report for global 3D animation market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

Major Market Competitors: Global 3D animation Market

Some of the major players of the global 3D animation market are Side Effects Software Inc., EIAS3D, NVIDIA Corporation, Corel Corporation, Lenovo, Toon Boom Animation Inc., Pixologic, Inc, Intel Corporation, Advanced Micro Devices, Inc, NewTek, Inc., Autodesk Inc., MAXON Computer, Adobe, Austin Visuals., 3D Labz Animation Limited, Squeeze Studio Animation, Animantz, Pixcube Motion Pictures among others.

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