World 3D Animation Market to Climb to USD 28.31 Bn by 2025, Predicts Grand View Research in Its In-Demand Report Now Available at MarketPublishers.com30 Jan 2018 • by Natalie Aster
LONDON – Constantly increasing number of animation applications across a great number of fields including education, healthcare, media, entertainment, life sciences, manufacturing, amidst others, is forecast to give a boost to the 3D animation market growth in the foreseeable future. The introduction of dynamic content together with high-end visuals has prompted the pharmaceutical, biotech and medical devices industries to exploit the benefits of 3D animation. Today, animation is widely used to maximise sales, as it encourages providers to make focus on the benefits of services/products by delivering an engaging, entertaining and educational experience to the viewers.
Traditionally concentrated in the developed countries, the 3D animation market has already paved its way into the developing countries like China, India and the Philippines, majorly due to enhancing trend of outsourcing animation activities to these countries. North America grabs the major share of the world’s 3D animation market, however, the highest growth rates through to 2025 are anticipated in the APAC market.
The world’s 3D animation market is predicted to climb to the value of USD 28.31 billion by the year 2025.
The 3D modelling sector is projected to hold the biggest revenue share of the overall market by 2025, registering a 10% CAGR in the coming years.
The in-demand report “3D Animation Market Analysis By Technique, By Component, By Deployment, By End-use, By Region, And Segment Forecasts, 2014 - 2025” worked out by Grand View Research gives in-depth insights into the 3D animation market scenario globally and on different geographical levels. It grants access to trustworthy data on the historical and present market performance, discusses prevailing trends, identifies the major factors driving and limiting the market growth as well as gives a profound analysis of the market segmentation (basing on techniques, components, deployments and end-uses). Besides, this publication offers an insightful overview of the competitive landscape, profiles the dominant participants, outlines future growth challenges and opportunities, and presents a comprehensive future outlook through to 2025.
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