What is 3D Animation Hardware Market?
3D animation hardware is the process which is used for creating 3D dimensional moving images in the digital environment. It provides various benefits, namely great visual effects, time management, superior ability to portray movements, time management, among others. Increasing usage of 3D mapping technology for GPS & navigation and improved adoption of 3D animation and visual effects are factors that have fuelled the growth of the 3D animation hardware market.
The market study is being classified by Type (Motion Capturing Systems, Workstation, Video cards and GPU) and major geographies with country level break-up.
Autodesk (United States), Image Metrics (United States), Maxon Computer (Germany), Corel Corporation (Canada), Adobe Systems Inc. (United States), NVIDIA Corporation (United States), Pixologic Inc. (United States) and SideFx Software (Canada) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are The Foundry VisionMongers Ltd. (United Kingdom) and Trimble Navigation Ltd. (United States).
Research Analyst at AMA predicts that North America Players will contribute to the maximum growth of Global 3D Animation Hardware market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global 3D Animation Hardware market by Type, Application and Region.
On the basis of geography, the market of 3D Animation Hardware has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising adoption of visual effects technology in movies
- Growing demand for 3D mobile applications
Restraints
- Less penetration of advanced technology in various underdeveloped regions
Opportunities
- Rising Demand from Emerging Economics such as India, China and others
- Rising Use of 3D Animation Technology in Medical Forensics
Challenges
- Lack of Investment and Government Support in hardware Technology
Market Leaders and some development strategies
On January 2019, the NVIDIA Corporation (United States) and Autodesk (United States) has collaborated to accelerate ray tracing in Arnold using RTX GPUs. It will create complex 3D animations with hardware-accelerated ray tracing.
On July 2018, as per an article published by techcrunch (United States), the hardware innovation will be applied on the killer app which must have content and experience that pulls audiences to the new ways of experiencing stories.
Key Target Audience
3D animation hardware manufactures, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others