Animation Software Market Global Opportunity Analysis and Industry Forecast, 2017-2023
Animation software generates animated images by using computer graphics. It consists of customizable characters (which can be dropped and dragged), libraries of animations, automatic lip synching, and pre-defined sets. Autodesk Inc, Adobe Systems Incorporated, and Toon Boom Animation Inc, are some of the key players in the animation software market. Rise in adoption of animation software by industry verticals for cartoons, movies, and games is expected to fuel the market during forecast period. Further, the growth in popularity of internet and broadcasting hours by cable TV operators is also anticipated to boost the market growth. However, growth in piracy is expected to hinder the market growth. Moreover, increase in usage of smart phones is one of the major growth opportunities for the animation software market. Since, there is a huge competition amongst the vendors to provide animation application that are supported by android and Mac platform.
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