The 3D animation software market size is projected to reach US$ 53396.19 million by 2031 from US$ 22118.67 million in 2023. The market is expected to register a CAGR of 11.6% during 2023–2031. Increasing integration of AR and VR technologies is likely to remain a key trend in the market.
Major factors driving the growth of the 3D animation software market include the developing trend of virtual reality (VR) and artificial intelligence (AI), and the increasing demand for 3D mobile apps and games. Furthermore, significant technological advancements and increased use of animation software for educational and academic purposes are boosting the 3d animation software market growth. The 3d animation software market report gives a detailed study of various driving factors and upcoming trends contributing to the 3D animation software market proliferation.
3D animation software is a computer-generated imagery (CGI) program for viewing, generating, and changing static and dynamic 3D pictures and animations. Through numerous technologies, such as visual effects (VFX), 3D modeling, motion graphics, and 3D rendering, the program blends video footage and artificial pictures to create realistic objects and situations. It is frequently used to generate creative effects in brand commercials and product promotions, visualize scientific, product, and system information, and perform visual analytics. It has several applications in sectors such as media & entertainment, architecture, healthcare, and life sciences.
3D animation software is widely used as the go-to 3D animation software in the game, film, and media & entertainment industries. These animation tools support both polygonal and sculpting workflows. Character animation is one of its key strengths, thanks to its features for rigging and keyframe animation. It also supports input from motion-capturing software, making it a favorite for teams who need to capture highly realistic motions for characters. Therefore, the demand for such software is increasing in entertainment and media.
Various companies are taking strategic initiatives to launch cloud-based 3D Animation Software, such as partnership, aquision, etc. For instance, in May 2024, Autodesk, Inc. announced it acquired Wonder Dynamics, makers of Wonder Studio, which is a cloud-based 3D animation and VFX solution that combines artificial intelligence (AI) with established tools. Similarly, in April 2024, Australian-based VFX industry and post-production specialist Andreas Wanda launched Atmos, a new cloud-based VFX and animation studio that provides fully remote-based post-production solutions services for broadcast film, television, and online content. Thus, the increasing adoption of electric vehicles is creating more opportunities for the market.
Key segments that contributed to the derivation of the 3D animation software market analysis are technology, deployment, and application.
The geographic scope of the 3D animation software market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America held the largest 3D animation software market share. The market growth in this region is attributed to the increase in the utilization of state-of-the-art technologies in the healthcare & life sciences, media & entertainment, and education & academic sectors. The increasing use of visual effects in movies, mobile applications, and games contributes to the 3D animation software market in North America.
The regional trends and factors influencing the 3D Animation Software Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses 3D Animation Software Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 22118.67 million |
| Market Size by 2031 | US$ 53396.19 million |
| Global CAGR (2023 - 2031) | 11.6% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Technology
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The 3D Animation Software Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the 3D Animation Software Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The 3D animation software market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the 3D animation software market are listed below:
The “3D Animation Software Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
APAC dominates the 3D animation software market.
Increasing demand in entertainment and media and Increasing focus on cloud-based solutions are the major factors that propel the global 3D animation software market.
The key players holding majority shares in the global 3D animation software market are Adobe, Autodesk Inc., Corel Corporation, EIAS3D, Maxon Corporation GmbH, SideFX, NewTek Inc., MAGIX, Strata, and Bondware Inc.
Increasing integration of AR and VR technologies is anticipated to play a significant role in the global 3D animation software market in the coming years.
The expected CAGR of the global 3D animation software market is 11.6%.
The global 3D animation software market is expected to reach US$ 53396.19 million by 2031.