Growth and Forecast of Animation Design Software Market 2017 - 2025

 Global Animation Design Software Market: Snapshot

The introduction of new web-based software and tools for animation design has made them extremely user-friendly, making them ideal for everyday use. Because animation design software is widely employed in the construction and design of various animated video games and films, the global market is expected to rise steadily in the next years. In addition to this, the deployment of virtual reality is another major factor estimated to accelerate the growth of the global animation design software market in the near future.

Among the key regional segments, North America is estimated to witness a healthy growth in the next few years. This region's rapid expansion can be ascribed to the existence of the world's largest television sector. Furthermore, increased competition among the main companies is expected to boost market growth in the near future. The market's players are concentrating on the creation of new products, which are expected to provide attractive growth possibilities in the coming years.

Furthermore, one of the significant reasons that is anticipated to promote the expansion of the global market in the approaching years is the expanding popularity of animations and the growing demand for advanced design software. The burgeoning entertainment sector in various Asia Pacific countries is expected to provide the market with potential growth possibilities in the coming years. Thanks to these factors, several new players are anticipated to enter the global market in the near future.

Global Animation Design Software Market: Overview

Creating stunning animations is widely acknowledged as a difficult part of graphic design. It necessitates technological know-how as well as the necessary software. Animation design necessitates high-speed computers and complex software due to its time-consuming nature. Nonetheless, the introduction of a variety of modern animation tools and software has made the process of creating animations much easier.

The global animation design software market is divided into two types: 2D and 3D animation software. 2D animation software includes Adobe After Effects, Toon Boom Harmony, Adobe Animate, Photoshop, Moho, and TV Paint. Autodesk Maya, Cinema 4D, Autodesk 3DS Max, and Blender are examples of popular 3D animation software. End-users, the game business, and the entertainment industry

Global Animation Design Software Market: Key Trends

Several of the new web-based tools and software for animation design are extremely easy to use hence, perfectly suitable for everyday applications. Animation design software is increasingly used in the creation of various animated films and video games, on account of which the global market is expected to witness accelerated growth. Another key growth driver of the market is the popularity of 3D animation. The gaming industry is one of the key end users industries of the market, contributing significantly towards expansion. The rising deployment of virtual reality (VR) animations in filmmaking has emerged as a key trend in the global animation design software market.  

Global Animation Design Software Market: Market Potential

A number of market vendors are focusing on product development and product differentiation. For example, one of the leading players, Artefact, has announced the launch of its new free software which can be used in the prototyping of interactive animation projects in April 2017. Called Storyboard VR, the software can be used in the same way as traditional storyboarding tools where creation of multiple scenes is possible to test the flow of the experience. The firm says making the software available for free can boost experimentation across organizations and industries so as to inspire the development of new experiences in the VR medium.

Similarly, during the same month, children’s app creator, Hullabalu came up with a new software, Lightwell, which enables designers, artists, and animators to provide an animated, highly interactive experience without the necessity of writing codes. In March 2017, Reallusion, a 2D and 3D animation software developer, introduced a new character design tool, Character Creator (CC) 2.0 that is capable of dynamically designing superior quality 3D appearances and characters.

Some leading market players are offering continuous updates via subscription-based services. For instance, Foundry, a leading creative software developer, introduced Modo 11.0, the first upgraded version of Modo 11 Series, apart from the launch of a new subscription model for offering greater convenience and choice to its customers. 

Global Animation Design Software Market: Regional Outlook

The global animation design software market can be segmented into Latin America, Asia Pacific, the Middle East and Africa, Europe, and North America. During 2016, the global animation design software market was led by North America. The presence of the world’s largest television and film industry in the U.S. has aided the expansion of the animation design software market in North America. Asia Pacific is also slated for high growth during the forecast period. The thriving entertainment industries in emerging nations such as China and India is responsible for the quick expansion of Asia Pacific.

Global Animation Design Software Market: Competitive Analysis

Some of the leading vendors in the worldwide animation design software market include Adobe, Daz Productions, Autodesk, NewTek, Corel Corporation, Corus Entertainment, Blender Foundation, The Foundry Visionmongers, Pixologic, NEMETSCHEK GROUP, EIAS3, Xara Group, Luxion, and TVPaint Developement.

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