Latest market study on “3D Animation Market – Global Analysis and Forecast”, the 3D animation market is projected to witness a significant growth attributed to its application in various sectors such as automobile, health care, defense, aerospace, government and entertainment. This market report comprises of high understanding on the propelling factors of the market along with highlights of the key players in the market and their recent major strategies.

3D animation market by technology is segmented into 3D modeling, motion graphics, 3D rendering, and visual effect. On the basis of service, the global market is segmented into consulting, support and maintenance, integration and deployment, education and training. Based on the deployment type, the market is segmented into on-premises and on-demand. In terms of industry verticals, the market is segmented into media and entertainment, construction and architecture, healthcare and life sciences, manufacturing, education and academia among others.

Key factors boosting the growth of the global 3D animation market is the increasing adoption of 3D visual effects and animation by the entertainment and media industry. Furthermore, government initiatives, such as incentives, subsidiaries, and tax reliefs, have been major growth propellants, especially in developing countries which portray an immense growth opportunity for the market. However, threat from piracy is expected to hinder the market growth during the forecast period

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The Asia Pacific region is projected to grow at a very high pace due to dynamic adoption rate of novel 3D animation technologies and holding of the production facilities for the majority of western industry leaders is propelling the growth. Moreover, North American region is anticipated to command the maximum market share and would lead the 3D animation market owing to the presence of sustainable and well-established economies.

Some of the key players operating in the 3D animation market with most significant development includes Intel Corporation, Newtek Inc., Adobe Systems, Autodesk, Nvidia Corporation, Corus Entertainment, Maxon, Lenovo Group Ltd, Corastar, Inc., and Side Effects Software, Advanced Micro Devices Inc., and Corel Corporation among others.

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