Share on

Global Animation Software Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Product type (Flipbook Animation, Stop Motion, 2D Animation, and 3D Animation), Industry Verticals (Online Education, Media and Entertainment, Automotive and Others), and Region - (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Industry Analysis (2024 to 2029)

Published: March, 2023
ID: 11583
Pages: 150
Formats: report pdf report excel report power bi report ppt

Global Animation Software Market Size (2024 to 2029)

The size of the global animation software market is estimated to reach USD 397.60 Billion in 2024 and USD 597.85 Billion by 2029, growing at a CAGR of 8.5% from 2024 to 2029. The growing mobile internet and smartphone usage is expected to boost the animation software market owing to the enormous opportunities generated for animated videos, movies, and others.

Global Animation Software Market Drivers:

The major factors boosting the growth of the global animation software market over the forecast period are the increase in the popularity of the internet and the broadcasting hours by cable TV operators and an enormous increase in the adoption of animation software by various industry verticals for movie cartoons and games. Moreover, one of the significant growth opportunities for the animation software market is an increase in the usage of smartphones. The rising competition amongst the market players for providing animation applications supported by Android and Mac platforms is driving the growth of the animation software market.

The increasing adoption of animation software by the various industry verticals for movies, cartoons, and games is considered to be a boosting factor for the animation software market growth over the given forecast period. Further, the increasing speed of internet use played a vital role in raising the demand for animated entertainment among different age groups. Moreover, gaming platforms like Microsoft Xbox, Sony PlayStation, and Nintendo use 3D animation software for 3D architectural visualization, editing digital gaming, and other special effects, thereby developing favorable market environments for the animation software market. Animation Software is deployed to generate animated images using computer graphics. This software consists of customized characters that can be used for dragging and dropping, automatic lip-syncing, libraries of animations, and predefined sets. This software is helpful in Stop Motion, Flipbook Animation, 2D Animation, and 3D Animation. 

Global Animation Software Market Restraints:

The continuous exposure to corruption and growing piracy of animated software can be the key restraining factors that might reduce the growth of the global Animation Software market over the forecast period. Countries such as China, the U.S., India, Russia, and others are piracy and License misuse hotspots. Various companies across the globe are forced to develop and devise new strategies and tactics to manage their software IP owing to piracy issues. These issues may act as barriers for the players and thus results in the retardation of the global animation software market growth.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

8.5%

Segments Covered

By Product Type, Industry Verticals, and Region.

Various Analyses Covered

Global, Regional, & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Adobe Systems Incorporated, Autodesk Inc, Autodessys, Corel Corporation, Electric Image Animation System, Toon Boom Animation Inc, Pixologic, Inc. Side Effects Software Inc, Trimble Inc., Pixar, Maxom Computer GmbH, Blender Foundations, and Corus Entertainment and Others.

 

This research report on the global animation software market has been segmented and sub-segmented based on the product type, industry verticals, and region.

Global Animation Software Market - By Product Type:

  • Flipbook Animation
  • Stop Motion
  • 2D Animation
  • 3D Animation

The 3D animation sector dominated the global animation software market. It held the major market share in 2020 and will likely remain dominant over the forecast period. The 3D Animation segment is expected to rise at a CAGR of 8.4% over the forecast period. The demand for photo-realistic animation is increasing enormously with the advent of realistic, innovative, and pragmatic pictures. Further, the growth of 3D animation software is increasing due to its high graphical data and detailed visual effects for various industry verticals. Also, 3D animation software provides different benefits, which include the simulation of concepts and ideas in the form of illustrations, a great sense of perception, and many others. Enormous growth opportunities were created for the animation software market by various industry verticals such as gaming, education and academia, healthcare, media and entertainment, construction, architecture, and others deploying 3D animation software.

2D Animation Software is to grow at a CAGR of 7.4% over the forecast period, and the Stop Motion segment is projected to register a CAGR of 6.5% over the forecast period.

Global Animation Software Market - By Industry Verticals:

  • Online Education
  • Media and Entertainment
  • Automotive
  • Others

The media and Entertainment sector holds the largest share of the Global Animation Software market and is expected to continue its dominance over the forecast period. The increasing mobile internet penetration and smartphone growth have created enormous opportunities for animated videos, movies, 3D games, and others, boosting the animation software market. Moreover, growth in animated international films, especially 3D animated films, will likely enhance the growth of the Animation Software market.

Global Animation Software Market – By Region:

  • North America
    • The United States
    • Canada
    • Rest of North America
  • Europe
    • The United Kingdom
    • Spain
    • Germany
    • Italy
    • France
    • Rest of Europe
  • The Asia Pacific
    • India
    • Japan
    • China
    • Australia
    • Singapore
    • Malaysia
    • South Korea
    • New Zealand
    • Southeast Asia
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of LATAM
  • The Middle East and Africa
    • Saudi Arabia
    • UAE
    • Lebanon
    • Jordan
    • Cyprus

North America holds the most substantial market share in the global animation software market, owing to the high adoption of advanced technologies and major players in the North American region.

The Asia Pacific market holds the second-largest revenue share in the global animation software market; owing to the rise in the adoption of animation and related technologies, the market is projected to grow fast due to the increasing government initiatives for spreading awareness about technologies and increasing internet usage.

Countries like Europe, Latin America, and the Middle East & Africa follow the order regarding revenue share, respectively, and are expected to grow moderately over the forecast period. 

KEY MARKET PARTICIPANTS:

Adobe Systems Incorporated, Autodesk Inc, Autodesk, Corel Corporation, Electric Image Animation System, Toon Boom Animation Inc., Pixologic, Inc. Side Effects Software Inc., Trimble Inc., Pixar, Maxon Computer GmbH, Blender Foundations, and Corus Entertainment are some of the notable players in the global animation software market.

RECENT HAPPENINGS IN THE MARKET:

  • Building Connected, a preconstruction platform, was acquired by Autodesk, Inc. for USD 275 in January 2019 to gain access to the construction network. This acquisition has allowed robust digital construction for the deployment of animation software and thus can create an appropriate atmosphere for the growth of the animation software market.

Please wait. . . . Your request is being processed

FAQ's

What are the key trends driving growth in the Animation Software Market globally?

The increasing demand for 3D animation, virtual reality (VR), and augmented reality (AR) content is a key trend propelling growth in the global Animation Software Market.

What segment of the Animation Software Market is witnessing the fastest growth?

The 2D animation software segment is experiencing the fastest growth globally, driven by its applications in gaming, entertainment, and education sectors.

How are advancements in technology impacting the Animation Software Market?

Technological advancements, such as real-time rendering and artificial intelligence integration, are enhancing the capabilities of animation software, leading to more realistic and immersive content creation.

Which industries are the primary users of Animation Software globally?

The entertainment and media industry remains the largest consumer of animation software, followed by the gaming and advertising sectors.

What are the major challenges faced by the Animation Software Market on a global scale?

High software development costs and the need for skilled animators are significant challenges affecting the Animation Software Market's growth.

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample