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London, United Kingdom, 2013/08/21 - techNavio predicts a 21 percent growth rate for this market over the period 2012-2016 with adobe systems, autodesk, side effects software, and toon boom animation among the top vendors - TechNavio.com.
TechNavio analysts have studied the different forces leading to this impressive growth rate and expect the rising demand for animated movies and high-end games in the APAC region’s developing countries to be one of the most impactful drivers for the market’s future.
A senior analyst from TechNavio comments further,“Our data also indicates that the flexible regulatory systems alongside cheap and skilled labor make the APAC a desired destination for most of the outsourced animation works from North America and Europe.”
Indeed, thanks to these driving forces, the APAC region is expected to post a stronger growth rate than both of the current market leaders The Americas and the EMEA with a 26% growth rate between 2012-2016.
Competition is intense among a large number of local, regional, and international players because of the high revenue potential of this market. The two top players, Autodesk and Adobe, comprise around 25-29% of the market share however, a large portion of this market is split among “other” smaller players. The report discusses some of these players, including Side Effects, Toon Boom, Electric Image, Smith Micro, Maxon Software.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth research on the buying criteria and trends that will shape this market.
“Key vendors need to keep up with the latest trends which include a sharp focus on mobile 3D applications. Today’s consumers use mobile phones for playing games, watching movies, educational purposes, and internet browsing. All of these functions fall into the major end-user segments of the 3D animation software, hence the market’s mobile sector cannot be sidelined by any means” states TechNavio’s senior analyst and co-author of this report.
Also included in this 50+ page report, is a thorough analysis of the impact of drivers, challenges, and trends of this market featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in order of importance.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global Animation and Design Software market in the Entertainment industry.
Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information on this topic and our upcoming research on Global Animation and Design Software Market in the Entertainment Industry 2012-2016, please send an email to enquiry[.]technavio.com.
TechNavio (technavio.com) is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
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Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.