Animation Software Market Share

North American Market Forecast

By 2037, North American region is projected to capture over 47% animation software market share. The landscape growth in the region is expected to grow, credited to the surge in the adoption rate of cutting-edge technologies and the existence of substantial players in North America.

Moreover, the expanding use of motion graphics, motion capture, and virtual reality across a range of industrial verticals has made the United States the dominant region in North America for the market. According to a report, there has been an increase of about 54% in the brand awareness of video marketers.

In addition, there has been a surge for well-established businesses in the graphics and animation fields, along with increasing investments in R&D projects, which will further drive industrial growth, hence influencing the market revenue share.

European Market Analysis

The European region will also encounter a huge influence on the expansion of the expansion of the animation software market during the forecast period and will account for the second position attributed to the growth in domestically produced computer-generated imagery animation material, along with the increasing adoption of cutting-edge digital technology. The growing animation sector is predicted to cause the European region to see rapid growth.

Moreover, countries like India are providing a plethora of prospects for animation vendors because of the strong demand from the media and entertainment industries.