3D Animation Software Market Analysis and Forecast by Size, Share, Growth, Trends 2031

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.

3D Animation Software Market Analysis

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 Market Overview

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.

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3D Animation Software Market: Strategic Insights

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3D Animation Software Market Drivers and Opportunities

Increasing demand in entertainment and media

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.

Increasing focus on cloud-based solutions

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.

3D Animation Software Market Report Segmentation Analysis

Key segments that contributed to the derivation of the 3D animation software market analysis are technology, deployment, and application.

• Based on the technology, the 3D animation software market is divided into 3D modeling, motion graphics, 3d rendering, visual effects (VFX), and others. The solutions segment held a larger market share in 2023.
• By deployment, the market is segmented into cloud-based and on-premises. The cloud segment held a larger market share in 2023.
• By ma application material, the market is segmented into media & entertainment, healthcare & life sciences, manufacturing, education & research, and others.

3D Animation Software Market Share Analysis by Geography

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.

3D Animation Software Market Regional Insights

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.

3D Animation Software Market Market Report Scope

Market Players Density: Understanding Its Impact on Business Dynamics

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:

1. Adobe
2. Autodesk Inc.
3. Corel Corporation
4. EIAS3D
5. Maxon Corporation GmbH
6. SideFX

Disclaimer: The companies listed above are not ranked in any particular order.

3D Animation Software Market News and Recent Developments

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:

• DeepMotion, a long-time leader in AI-powered motion capture technology, announces MotionGPT™, a groundbreaking tool that harnesses the power of Generative AI to transform text prompts into intricate 3D animations. MotionGPT not only simplifies the animation creation process further but transcends physical barriers, enabling a more diverse audience of creators and industries with effortless, cost-effective 3D animation. (Source: DeepMotion, Press Release, September 2023)
• Kinetix, a deep tech start-up and AI-assisted 3D animation pioneer, beefed up its library of 3D assets by joining forces with Adobe. Its unique no-code technology can be used to generate animated 3D characters automatically and instantaneously from a simple 2D video, and it is now being enhanced with an unprecedented selection of the software publisher’s Mixamo animations and characters. This collaboration is thus taking the French start-up a step closer to its goal of making animated and instantaneous 3D accessible to the greatest number of creators, be they professionals or amateurs. (Source: Kinetix, Press Release, March 2022)

3D Animation Software Market Report Coverage and Deliverables

The “3D Animation Software Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• 3D animation software market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• 3D animation software market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• 3D animation software market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the 3D animation software market
• Detailed company profiles