Report : North America 3D Animation Software Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Technology [3D Modelling, Motion Graphics, 3D Rendering, Visual Effects (VFX), and Others], Deployment (Cloud-Based and On-Premises), and Application (Media and Entertainment, Healthcare and Lifesciences, Manufacturing, Education and Research, and Others)
3D Modelling Segment to Dominate North America 3D Animation Software Market During 2021–2028
According to a new market research study on “North America 3D Animation Software Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Technology, Deployment, and Application” is expected to reach US$ 17,373.23 million by 2028 from US$ 7,965.49 million in 2021. The market is estimated to grow at a CAGR of 11.8% from 2021 to 2028. The report provides trends prevailing in the North America 3D animation software market along with the drivers and restraints pertaining to the market growth. Increasing utilization of 3D animation software for 3D mapping and laser scanning and rising adoption of visual effects (VFX) in the entertainment industry are the major factor driving the growth of the North America 3D animation software market. However, concern about piracy and price sensitivity in 3D animation software hinders the growth of North America 3D animation software market.
The North America 3D animation software market is segmented on the basis of technology, deployment, application, and country. Based on technology, the North America 3D animation software market is segmented into 3D modeling, motion graphics, 3D rendering, visual effects (VFX), and others. The 3D modeling segment dominated the North America 3D animation software market in 2020 and visual effects (VFX) segment is expected to be fastest growing during forecast period. Based on deployment, the North America 3D animation software market is bifurcated into cloud-based and on-premises. The cloud-based segment dominated the North America 3D animation software market in 2020 and same segment is expected to be fastest growing during forecast period. Based on application, the North America 3D animation software market is segmented into media & entertainment, healthcare & life sciences, manufacturing, education & research, and others. The media & entertainment segment dominated the North America 3D animation software market in 2020 and healthcare & life sciences segment is expected to be fastest growing during forecast period. Based on country, the North America 3D animation software market is segmented into the US, Canada, and Mexico.
Adobe, Autodesk Inc., Bondware Inc., Corel Corporation, EIAS3D, MAGIX, Maxon Computer GmbH, NewTek Inc., SideFX, and Strata are among the leading companies in the North America 3D animation software market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Autodesk Inc. had announced the acquisition of cloud-based animation pipeline software from Tangent Labs. The initiative was with an aim to accelerate development of our next-generation cloud production tools on the Autodesk platform for Media & Entertainment industry.
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