South America 3D Animation Software Market
South America 3D Animation Software Market is growing at a CAGR of 7.9% to reach US$ 3,213.78 Million by 2028 from US$ 1,882.10 Million in 2021 by Technology, Deployment, and Application.

Published On: Jun 2022

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South America 3D Animation Software Market
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South America 3D Animation Software Market

Cloud-based Segment to Dominate SAM 3D Animation Software Market During 2021–2028     

According to a new market research study on “SAM 3D Animation Software Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Technology, Deployment, and Application” is expected to reach US$ 945.48 million by 2028 from US$ 497.37 million in 2021. The market is estimated to grow at a CAGR of 9.6% from 2021 to 2028. The report provides trends prevailing in the SAM 3D animation software market along with the drivers and restraints pertaining to the market growth. Rising demand for 3D animation software in education sector and integration of virtual reality (VR) technology are the major factor driving the growth of the SAM 3D animation software market. However, concern about piracy and price sensitivity in 3D animation software hinders the growth of SAM 3D animation software market.        

The SAM 3D animation software market is segmented on the basis of technology, deployment, application, and country. Based on technology, the SAM 3D animation software market is segmented into 3D modeling, motion graphics, 3D rendering, visual effects (VFX), and others. The 3D modeling segment dominated the SAM 3D animation software market in 2020 and visual effects (VFX) segment is expected to be fastest growing during forecast period. Based on deployment, the SAM 3D animation software market is bifurcated into cloud-based and on-premises. The cloud-based segment dominated the SAM 3D animation software market in 2020 and same segment is expected to be fastest growing during forecast period. Based on application, the SAM 3D animation software market is segmented into media & entertainment, healthcare & life sciences, manufacturing, education & research, and others. The media & entertainment segment dominated the SAM 3D animation software market in 2020 and healthcare & life sciences segment is expected to be fastest growing during forecast period. Based on country, the SAM 3D animation software market is segmented into Brazil, Argentina, and rest of SAM.             

Adobe, Autodesk Inc., Corel Corporation, MAGIX, NewTek Inc., SideFX, and Strata are among the leading companies in the SAM 3D animation software market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Adobe introduced Innovation Across Creative Cloud Powered by Adobe Sensei, which help accelerates video creation and collaboration across stakeholders with addition of frame.io, advances 3D and immersive categories and previews photoshop and illustrator on the web. The company also introduced a subscription model on Behance to enable creators to monetize the work.    

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