3D Computer Animation Systems Market Size, Share, Growth, And Industry Analysis By Type (The Standard Version, And, Professional Version) By Application (Construction Field, Animation Field, Media Field, And, Other Fields) Regional Forecast From 2024 To 2031

Updated On: 22 April 2024

3D COMPUTER ANIMATION SYSTEMS MARKET REPORT OVERVIEW 

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The global 3D computer animation systems market size was expanded rapidly in 2021, as per our research, the market is projected to grow substantially by 2031.

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Computer animation systems help n creating animations digitally. CGI also known as computer generated imagery makes use of or contains both dynamic (moving) images as well as static (still) images. In order to generate a 3-dimensional picture modern computer animation makes use of 3D computer graphics.

3D printing technology has been highly prevalent in the market. It is used in several sectors. 3D printing can create high quality graphic images. Animation systems make use of this printing technology.  This is considered as the latest trend in the market.   

Many sectors make use of 3D computer animation system. These sectors include television, movies, mass media, cartoons, marketing and advertising campaigns. As a result, many people are opting for animation as a career choice. All of these factors are prone to bring vast growth and development to the 3D computer animation systems market.

COVID-19 impact: Rise in Demand for Animated Cartoons During Pandemic Increased Market Growth

The pandemic of COVID-19 posed major challenges to all the industries in the form of disruption is supply of logistics, raw materials, and shortage of skilled workforce. Many industries were shutdown due to lack of investments, and profits. The demand during pandemic reduced completely which affected the economies of all countries.

In order to control the rapid spread of coronavirus lockdowns were imposed. Everyone had to work from home and schools decided to conduct classes online. This increased the free time students got. As a result, there was an increase in demand for 3D animations during pandemic.

LATEST TRENDS

"Increasing Popularity of 3D Printing Technology to Increase Market Growth"

A new trend that is being witnessed in the market is growing proliferation of 3D printing technology. This technology is being used in several fields and sectors. 3D printing technology is also called as additive manufacturing. It is a process of creating a three-dimensional figure or object with the use of a computer created design. This object is developed layer-by-layer.

With the growth of 3D printing technology, the demand for 3D animation has also increased. Many materials, devices, and, procedures will have to be followed in order to produce an object by using this printing technology. 3D computer animations systems are also being used in the movie sector. These are considered to be the latest trend in the market.

3D COMPUTER ANIMATION SYSTEMS MARKET SEGMENTATION 

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• By Type:

The market can be divided on the basis of type into the following segments:

The standard version, and, professional version. The standard version segment is anticipated to dominate the market during the forecast period.

• By Application:

Classification based on application into the following segment:

Construction field, animation field, media field, and, other fields. The construction field segment is predicted to dominate the market during the research period.

DRIVING FACTORS

"Growing Need for 3D computer Animation in Advertisement Industry to Accelerate Market Growth"

Apart from making cartoons or movies another important industry where 3D computer animation systems are used is marketing and advertisement. 3D animations are highly attractive and are very well suited to attract customers to buy a certain product. It provides special effect to the visuals. Therefore, these systems are adopted even in the marketing and advertisement sectors.

With high usage of gadgets and faster internet connectivity, the number of people playing video games have increased. 3D animations form a very crucial part of video games. Without good visual effects the game would not be very appealing or attractive to the player. Therefore, video game creators make use of 3D computer animation systems to produce some fun 3D figures. These factors are propelling the 3D computer animation systems market growth.

"Rising Preference of 3D Animation as a Career Choice to Propel Market Growth "

As 3D animation systems are in high demand in various sectors like cartoons, movies, advertising and marketing campaigns the number of people interested in learning this art have also increased. Some people are opting to learns 3D computer animating just as a hobby, whereas many people are preferring to take up animation as their career choice.

Growing interest in 3D animation in people has led to the opening of many institutions that provide basic, intermediate, as well as advanced level of courses in animation. Increasing quality of 3D animation systems, and high-quality graphics provided by them have increased the customer base for the market. All of these are considered as the factors propelling 3D computer animation systems market share.

RESTRAINING FACTOR

"A Lot of Time Consumed in Creation of 3D Images to Bring Down Market Growth"

An important factor that is limiting market growth is some of the complexities that are involved while creating 3D dimensional images and figures. Experience, and, skills are highly important to get proper results using animation systems.

Obtaining a 2D image is not challenging and can be accomplished much easily as compared to a 3D figure. Therefore, the investment that has to be made, and time required is also quite high. All of these factors can deteriorate the demand for the product and growth of the market to a great extent.

3D COMPUTER ANIMATION SYSTEMS MARKET REGIONAL INSIGHTS 

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"North America to Dominate Market in Upcoming Years"

North America is predicted to dominate the market during the research period. Many favorable factors have contributed in this development of the market here. They include increasing number of animation companies in this region. Many new 3D computer animation companies are getting established in this region.

The need for high quality visual effects in movies, cartoons, television shows, and video games have increased. Movie industry is a flourishing industry here, and they very frequently make use of 3D computer animation systems for various purposes. All of these factors are propelling the growth of the market.

Key Industry Players

"Leading Players adopt Acquisition Strategies to Stay Competitive "

Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

List of Market Players Profiled

• Adobe Systems (U.S.)
• Autodesk (U.S.)
• Corel (Canada)
• Electric Image (U.S.)
• Maxon Computer (Germany)
• Side Effects Software (Canada)
• Corastar (U.S.)
• Corus entertainment (Canada)
• Magix (Germany)
• NewTek (U.S.)
• Smith Micro Software (U.S.)

Report Coverage

The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations