Animation Software Market size was valued at USD 149.37 billion in 2024 and is likely to cross USD 233.61 billion by 2037, expanding at more than 3.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of animation software is estimated at USD 153.55 billion. This boost is anticipated by the slated demand for 3D printing, projection mapping, augmented reality (AR), and virtual reality (VR) coupled with reality, and the expansion of brand licensing and merchandising globally. According to a report, the number of AR users has nearly increased to 0.81 billion by 2021, and it is estimated that there will be about 1.4 billion active AR user devices by 2023, while by 2024 this amount is projected to rise to 17.3 billion.
Additionally, the growing usage of animation software across various industry sectors because of its highly graphical data and intricate visual effects provides several advantages, including sharp perception, value-added information for customers, and concept and idea simulation in the form of pictures.
Author Credits: Abhishek Verma
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