Animation design software market escalates with increasing animation usage in movies

Technology - Mohit Shah - May 05,2017

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animation design software market escalates with increasing animation usage in movies

With the advent of technology in the field of computer animation, the market of animation design software is expected to gain growth at a CAGR of 16.12%.

The growing popularity of the internet has indeed led to the higher demand for animated entertainment. Also, the preferences of the audience have also changed over the years due to the usage of high-quality animation in the film industry (3D movies), which has heightened the market for animation design software. 

As per the recent market research report offered by Market Research Hub (MRH), the global animation and design software market is anticipated to surge at a CAGR of 16.12% during the period 2017-2021. It is interesting to know that, the primary drivers and opportunities for the major players from this sector are concentrated in the regions such as the Americas, EMEA and APAC. Among these, the prominent countries active in the animation design software market comprise of the U.S., China, Japan and U.K. 

Looking at the end-users of the animation design software, the market is majorly dominated by the media industry, entertainment industry and gaming industry. The current trend points out that, the segment of the population falling under the age group of 15-30 years, is the most engaged division which likes playing video games both online and offline. This culture has motivated the game developers to utilize the power of animation software for the development of real-life animations and graphics. Most importantly, the advent of virtual reality (VR) animations has offered a significant momentum to the worldwide animation design software market.

The key vendors from this market include Adobe, Autodesk, Adobe and Corel Corporation. Some other prominent vendors include Pixologic, EIAS3D, Corus Entertainment, NewTek, The Foundry Visionmongers, SideFX, Luxion and Xara Group.

 

For more information on this report visit- http://www.marketresearchhub.com/report/global-animation-design-software-market-2017-2021-report.html