The 3D Modeling and Animation Market Shows Resilience says New Study by Jon Peddie Research

TIBURON, Calif. — (BUSINESS WIRE) — June 18, 2009 Jon Peddie Research (JPR) the industry's research and consulting firm for graphics and multimedia, has just released a new report on the 3D modeling and animation market is poised for growth. The same software that is used primarily film/TV production and game development is also being put to work for rendering and visualization in architecture, manufacture, and science and is on the verge of major breakthroughs due to demand from new vertical markets as well as hobbyist and consumer sectors.

Like all others, the 3DM&A industry is going through a period of contraction and consolidation. However, as difficult as it is for all participants, the JPR study points out that this is often a prelude to growth.

    2007   2008   2009   2010   2011   2012   2013
Worldwide forecast 3D Modeling

and Animation ($M US dollars)

CAGR – 6.8%, 2007 to 2013

  219   237   221   238   262.05   293.49   328.71

The 3D Modeling and Animation market includes software tools that are used for TV and movie special effects, creating content for games, product design, and for the web. Over the years the industry has grown steadily, but the 3DM&A tools are still expensive and used primarily by professionals.

Mainstream Markets Open Up for 3DM&A

Beyond traditional industries, new markets are also opening up for more casual users of 3D modeling and animation tools, defying barriers posed by high cost and complexity. Free 3DM&A tools are becoming available and millions of copies are being downloaded every year suggesting a pent-up demand for easy-to-use 3D tools. In addition, there is a hard core of hobbyists and casual users who are using 3D tools even though the learning curve is steep. New distribution models are just now opening up including online worlds, YouTube, MyToons, the Daz communities, and more. By the end of this decade, new growth will come in mainstream markets, the report says.

1 | 2  Next Page »



Review Article Be the first to review this article
Rand3D

Featured Video
Jobs
System Designer/Engineer for Bluewater at Southfield, MI
Director of Process Engineering. for Tekni-Plex at Toledo, OH
Mechanical Engineer for Allen & Shariff Corporation at Pittsburgh, PA
Project Manager for Keystone Aerial Surveys at Philadelphia, PA
GIS Specialist for Fresno Irrigation District at Fresno, CA
Avionics System Engineer for BAE Systems Intelligence & Security at Arlington, VA
Upcoming Events
Manufacturing in America 2018 at Ford Field 1902 St. Antoine, Detroit MI - Mar 14 - 15, 2018
ACE 2018 Conference at The Westin Indianapolis 241 W Washington St Indianapolis IN - Mar 20 - 22, 2018
ESPRIT World 2018 at Indianapolis Marriott Downtown 350 West Maryland Street Indianapolis IN - Jun 11 - 15, 2018
HxGN LIVE 2018 at The Venetian Las Vegas NV - Jun 12 - 15, 2018
Kenesto: 30 day trial
Tebis
SolidCAM: SolidCAM SEE IT LIVE
MasterCAM



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise