2014-01-30 05:16:01 - Global Animation and Design Software Market in the Entertainment Industry 2012-2016 - a new market research report on companiesandmarkets.com
The Global Animation and Design Software market in the Entertainment industry to grow at a CAGR of 21.10 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing adoption of 3D animation software. The Global Animation and Design Software market in the Entertainment industry has also been witnessing the development of mobile-based 3D applications. However, easy availability of open-source animation software could pose a challenge to the growth of this market.
One of the main trends witnessed in the Global Animation and Design Software market in the Entertainment Industry is the development of mobile 3D applications. Many market vendors are stated to focus on mobile 3D applications. Mobile phones are used for playing
games, watching movies, educational purposes, and also for checking the internet contents. Therefore, mobile phone covers all the major end-user segments of the 3D animation software. In addition, smart phones are growing faster than the traditional mobile phones, which in turn create more opportunities for animation applications. Mobile phone vendors are also focusing on animation application that easily support through Windows, Mac, and Android platforms.
One of the main factors driving the market is the increasing adoption of 3D animation software. The Global 3D Animation Software market is growing faster than the Global 2D Animation Software market because 3D animation overcomes the limitations of 2D animations. Thus Gaming and Film industry prefer 3D animations to overcome the limitations of 2D animations
One of the main challenges is the easy availability of open source animation software. Vendors in the Global Animation and Design Software market in the Entertainment industry are facing challenges from open source animation software vendors in terms of price, availability, and affordability.
The key vendors dominating this space include Adobe Systems Inc., Autodesk Inc., Side Effects Software Inc., and Toon Boom Animation Inc.
The other vendors mentioned are Credo Interactive Inc., Electric Image Inc., Electric Rain Inc., MAXON Computer GmbH, Newtek Inc., and Smith Micro Software Inc.
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