Global Animation Design Software Market 2017-2021

Overview of the global animation design software market

Technavio’s market research report predicts that the global animation design software market will grow at a CAGR of above 16% during the forecast period. Increasing use of animation design in movies and video games is one of the primary drivers for market growth. The fame status of the animated films is growing far and wide across the globe with films such as Cars, Toy Story, and The Incredibles, gaining high ratings from the viewers. Owing to the advanced graphics, quicker rendering of frames compared to 2D and animation techniques, the demand for the 3D movies and games are rising heavily. Moreover, the gaming industry is the chief end-user in the market offering splendid 3D animation effects with the ability to provide complex animations.

One of the latest trends that will gain traction in the global animation design software market is the increase in virtual reality (VR) animations. Making its way into the traditional cinema industry is the VR videos, and there are numerous short videos produced in the VR format. Many movie makers are anticipated to step into the VR animation filmmaking during the forecast period which will further drive the animation design software growth globally. Moreover, the rising demands for VR animated films have prompted companies like Baobab Studios to analyze the possibilities of the VR films and have received funding of USD 6 million from Comcast Ventures to produce VR animated films.

Competitive analysis and key vendors

The global animation design software market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.

Key vendors in the market are:

• Autodesk
• Adobe
• Corel Corporation

Other prominent vendors include Blender Foundation, Corus Entertainment, Daz Productions, EIAS3, Luxion, NEMETSCHEK GROUP, NewTek, Nintendo, Pixologic, SideFX, Smith Micro Software, Synfig Studio, The Foundry Visionmongers, TVPaint Developpement, and Xara Group.

Segmentation by end-user and analysis of the animation design software market

• Media and entertainment industry
• Gaming industry

During 2016, the media and entertainment industry in the end-user segment dominated the global design software market. The utilization of animation design software for movies, television programs, print media such as newspapers and magazines, concerts, award shows, advertisements, M&E videos, and Internet media drives the growth of the market. Moreover, the rise in demand for 3D animation movies and the release of their sequels will augment the segment’s growth over the next four years.

Geographical segmentation and analysis of the animation design software market

• Americas
• APAC
• EMEA  

In terms of geography, the Americas led the global animation design software market during 2016. The market is mainly driven by the US housing the largest film and television industry in the world. Thus, the requirement for animation design software is high in the US compared to any other country globally propelling the growth of the market.   

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global animation design software market?
• What are the key market trends impacting the growth of the global animation design software market?
• What are the challenges to market growth?
• Who are the key vendors in the global animation design software market?
• What are the market opportunities and threats faced by the vendors in the global animation design software market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global animation design software market?

Technavio also offers customization on reports based on specific client requirement.

Animation software enables the construction of images and visual effects and is used in various applications including the creation of high-end games, computer graphics, animated movies, web pages, and animated study materials. By identifying short- and long-term trends in customer behavior, competitors, growth potential, and challenges, research analysts at the global market research firm Technavio provide a comprehensive collection of industry research reports on the various aspects of the enterprise application sector, which is an integral part of the ICT industry. The market intelligence reports from Technavio also provide detailed information on several vendors, including ABB, Amazon Web Services, Delta Electronics, Eaton, Emerson Network Power, IBM, Oracle, Microsoft, Salesforce, and SAP who have established a strong presence in the industry.

To identify the industry’s growth prospects, market research analysts at Technavio follow a mix of primary and secondary research techniques and consider factors like the market size and the demand for various products across different geographical regions. By offering detailed information on various parameters, our upcoming market research report on animation and design software for the forecast period of 2017 to 2021 will help clients understand the constantly changing landscape of the enterprise application sector.

This upcoming report on animation and design software also considers the growth of the similar markets such as 3D animation software and 3D mapping and modeling, which are expected to grow at a CAGR of more than 12% and around 9%, respectively during the period 2016 to 2020. According to our experts, though the high cost of animation in the developed countries poses a major challenge to market growth, the growing preference towards animated movies and the demand for 3D animation software from game developers and automotive designers, will drive the demand for design and animation software. In addition to syndicated reports, Technavio also offers to provide customized reports based on the requirements of the clients and helps businesses optimize their market positions.

The upcoming industry research report for animation and design software also identifies the key drivers, emerging trends, as well as the challenges currently experienced by the enterprise application sector. It also presents insights into the changing competitive landscape to give you a realistic picture of the future direction of the ICT industry.