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The global 3D animation market is extensively being driven by the life sciences and healthcare industries. Hospitals, labs, and medical facilities worldwide use three-dimensional animation to create drugs and therapies, as well as to support surgical procedures. Medical schools use 3D animated videos to enable their students to understand the complex anatomy of humans. Wider adoption of 3D modelling is driving the market growth of 3D animation. Three-dimensional modelling has been used for a range of end-use applications such as video games, VR, 3D printing, movie images, marketing, CAD, and manufacturing, as well as science and medical imagery, which has enabled the growth of the market.
In September 2016, Adobe Inc. (NASDAQ: ADBE), one of the key players in the industry, announced several innovations in Adobe Creative Cloud and Adobe Marketing Cloud in Amsterdam. Adobe announced it would demonstrate progress on VR, 3D, motion graphics, and character animation assisted by tools to deliver, quantify, and monetize film and television content across many screens while keeping up with the high-speed audience demands across modern and traditional platforms. This has aided the growth of the market in the historical period.
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The major key players in the global 3D animation market include companies like Adobe Inc., Autodesk Inc., Corel Corporation, Nemetschek Group, Nvidia Corporation, NewTek Inc., Zco Corporation, Toon Boom Animation Inc., and Maxon Computer GmBH, among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions and capacity expansions.
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