According to the report, one driver in market is increased use of animation design in movies and video games. One of the key market drivers contributing to the growth of the market is the increased use of animation design in the film and television industry.
MRC Announces the Publication of its Research Report – Global Animation and Design Software Market 2017-2021
Report recognizes the following companies as the key players in the global animation and design software market: Autodesk, Adobe, and Corel Corporation.
Other ominent Vendors in the market are: Blender Foundation, Corus Entertainment, Daz oductions, EIAS3, Luxion, NEMETSCHEK GROUP, NewTek, Nintendo, Pixologic, SideFX, Smith Micro Software, Synfig Studio, The Foundry Visionmongers, TVPaint Developpement, and Xara Group.
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Commenting on the report, an analyst from Research team said: “One trend in market is growth of French animation industry. Many animated television series that are broadcast in Europe are oduced by French studios such as La Fabrique, axinos, and Ellipsanime.
This has also helped foster the growth and demand for animation design software. The tax rebate in France stood at 30% of eligible expenses for feature films with a cap of nearly $33 million in 2016.
The rebate increased to 25% for television ojects in 2016 from the earlier 20% in 2015. The changes in tax rebate schemes have compelled many French animation oducers to relocate their oduction units to France from Asia and set up studio facilities in Gaul.”
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The popularity of animated films is growing worldwide. Many animated films, such as Cars, Toy Story, and The Incredibles, have achieved high audience ratings.
This is because 3D animation ovides enhanced graphics, clarity, and faster rendering of frames than 2D and traditional animation styles. The demand for games with animated characters and imageries is rising exponentially worldwide.
The gaming industry is a major end-user in the global animation design software market. Animation design software oducts, which are currently available in the market, ovide stunning animation effects in 3D and have the capability to oduce complex animations.
Further, the report states that one challenge in market is availability of open-source animation design software. Most small and medium-sized businesses (SMEs) are cost-sensitive and can't afford expensive and commercial software.
Open-source animation design software oducts, such as Blender, trueSpace, 3D Canvas, and Google SketchUp 7, ovide these enterises with advantages such as cost-efficiency, availability, and user-friendliness. The growing popularity of these software oducts is likely to challenge the ospects of oietary software vendors.
There are some initiatives, such as the Morevna oject, which omotes the use of open-source animation in films. The Morevna oject is an initiative for testing and imoving open-source tools and adopting them in animation oduction.
Major open-source animation software that are used in the oject are Synfig, Blender, Krita, Papagayo NG, and RenderChan.
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The study was conducted using an objective combination of imary and secondary information including inputs from key participants in the industry. The report contains a comehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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