The Animation And VFX Design Software Market Was Valued At USD 6.8 Billion

Posted by praneeth on July 26th, 2018

Animation is a technique of art which causes pictures or images to look like they are moving. It involves generating and designing animated videos, character animation, sequence images and visual effects using computer graphics. For example, Autodesk Maya, Adobe Flash, Blender and Cinema 4D Studio. VFX or Visual Effects are a way of mixing real film shooting with false or animated images.

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The market was valued USD 6.8 billion in 2017, and is expected to grow due to online pay wall and digital media market’s growth. North America was the largest region in the global animation and VFX design market in 2017, accounting for 41% of the market share.

The global animation and VFX design is split into segments: media, entertainment and gaming.

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The USA was the biggest player in global animation and VFX design market in 2017, accounting for one-fifth of the market share. The USA was followed by China as the next largest country in the market.

The top competitors in the market are Corel Corp, Toon Boom Animation Inc., and Side Effects Software Inc. Adobe was the largest player in 2017. It is headquartered in California, and is an American computer software company. It is best known for Photoshop, an image editing software, Adobe Reader, the Portable Document Format (PDF) and Adobe Creative Suite, as well as its successor Adobe Creative Cloud.

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