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(I-SoftwareNews.Com, March 20, 2018 ) Publisher’s market research analyst predicts the global 3D animation software market to grow at a CAGR of more than 12% between 2016 and 2020. The growing interest of people towards animated movies such as Cars, Toy Story, and The Incredibles, is one of the primary drivers for the growth of the 3D animation software market. 3D animation provides better graphics, clarity, and faster rendering of frames than 2D and traditional animation, which has led to its high demand from production houses, game developers, contractors, and automotive designers. Besides movies, video games have become one of the crucial end-users of animated videos. The 3D animation technology gives games a real-life experience, engaging users in the gameplay. Several game developers are trying to create close to real-life animations and graphical effects with the help of 3D animation software, which in turn, will significantly boost the growth prospects for the market in the coming years.
One of the latest trends gaining momentum in the market is the outsourcing of 3D modeling. The licensing of the 3D animation software is quite expensive, requires expertise and training of staffs, and involves the purchase of CAD systems and software. This has promoted several automotive and architectural companies to outsource 3D modeling of buildings and car designs. Outsourcing helps the structural engineers and automotive designers to improve their productivity and reduce expenses as different people engage in designing and modeling simultaneously. It also speeds up the overall process as the software expert team is more efficient in creating 3D models than amateur designers.
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Competitive landscape and key vendors
The global 3D animation software market is extremely consolidated with more than half of the market occupied by the major vendors like Adobe, Autodesk, Coral, Electric Image, and Side Effects Software. Brand loyalty is one of the key reasons for the market’s consolidated nature as industry players prefer to go with the software that they have already used and keep updating them time to time as the license of such software are very expensive.
Leading vendors in the market are -
Adobe
Autodesk
Corel
Electric Image Animation System
Maxon
Side Effects Software
Other prominent vendors in the 3D animation software market include Corastar, Corus Entertainment, Magix, NewTek, and Smith Micro Software.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Geographical segmentation
PART 07: Market drivers
Complete Report is Available at: http://www.reportsweb.com/global-3d-animation-software-market-2016-2020
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