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3D Animation Software Market (Technology, Deployment) to see 11.6% CAGR with Integration of Virtual Reality Technology Driving Growth During 2021–2028

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Pune, India., May 17, 2023 (GLOBE NEWSWIRE) — According to our new research study, titled “3D Animation Software Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Technology, Deployment, Application, and Geography,” the market is projected to reach US$ 39,395.09 million by 2028 from US$ 18,255.51 million in 2021. It is expected to grow at a CAGR of 11.6% during 2021–2028.

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Global 3D Animation Software Market: Competitive Landscape and Key Developments
Adobe Inc, Autodesk Inc, Corel Corporation, EIAS3D, MAGIX, Maxon Computer GmbH, NewTek Inc, SideFX, Bondware Inc, and Strata are key 3D animation software market players profiled during this study. In addition, several other important 3D animation software market players were studied and analyzed during this market study to get a holistic view of the market and its ecosystem. Some of the recent developments in the 3D animation software market are as follows:

In February 2023, Krikey.ai announced an artificial intelligence (AI) animation partnership with Stability AI to launch an AI animation tool that enables users to generate interactive 3D characters and animated avatars. Krikey provides AI-powered developer tools, while Stability AI provides open-source AI tools.

In September 2022, Autodesk Inc launched its lower-cost Maya Creative software-on-demand service in an attempt to increase the software’s availability for artists working in smaller creative studios.

In March 2022, AI-assisted 3D animation startup Kinetix SAS partnered with Adobe Inc to develop its platform and ensure the ready availability of 3D assets in its library. The partnership enables Kinetix’s customers to directly access several selections of Mixamo 3D animations and characters.

3D Animation software enables the creation of video effects, 3D movies, motion graphics, animation videos, and visual effects (VFX). Some popular 3D animation software are 3Ds Max, Blender, Cinema 4D, LightWave 3D, Maya, and ZBrush. The 3D animation software market is broadly categorized into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM).

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North America is one of the most technologically advanced regions in the world owing to the factors such as early adoption of technologies, investment of government in new advancements, and strong economic growth. Additionally, the region’s well-developed entertainment industry produces several 3D movies each year. From 2012 to 2019, more than 30 3D animated films were released in the US and Canada yearly. While only three 3D movies were released in 2020, disrupted by the pandemic, the number rose to nine in 2021. Additionally, the gaming industry is also well-developed in the region. The US had 216 million active gamers in 2021, compared to 214 million in 2020, as per Entertainment Software Association (ESA).

Furthermore, sectors such as healthcare and manufacturing in the region are some early adopters of 3D animation software for improving product design. The intense market competitiveness, high rate of technology adoption, and technological developments are some of the major driving forces for the North American 3D animation software market growth. Also, several key 3D animation software technology-based startups are providing great growth opportunities for the 3D animation software market in the region.

APAC is anticipated to be the fastest-growing market in the globe. The manufacturing base has shifted to APAC countries such as India and China for a few years. Additionally, most of the developing nations in the region are strongly adopting various advanced technology in a bid to increase their economic growth. 3D animation software for designing movies and games is witnessing strong demand from countries such as Japan, South Korea, and China. In September 2022, the multiplayer 3D action game Alice Gear Aegis was launched in Japan. All such factors contribute to the fast growth of the APAC 3D animation software market.

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Global 3D Animation Software Market Analysis: Technology Overview
The 3D animation software market is segmented based on technology into 3D modelling, motion graphics, 3D rendering, VFX, and others. 3D modelling was the largest segment in 2021 and is also anticipated to be the fastest-growing segment. The segment’s growth is primarily fueled by its rising applications in visual art, movies, entertainment, simulation, and drafting. In addition, the increasing number of virtual reality games and 3D printing of various goods is expected to further boost the market segment’s growth. All such factors promote 3D animation software market growth. VFX segment is witnessing rising adoption in the media and entertainment industry.

Go through further research published by The Insight Partners: (Purchase with 10% Instant Discount):
3D Rendering Market Forecast to 2028 – COVID-19 Impact and Global Analysis

3D Rendering Services Market Forecast to 2028 – COVID-19 Impact and Global Analysis

Mechanical 3D Modelling Software Market Forecast to 2028 – COVID-19 Impact and Global Analysis

3D Engineering Animation Market Forecast to 2028 – COVID-19 Impact and Global Analysis

3D Animation Market Forecast to 2028 – Covid-19 Impact and Global Analysis

Visualization and 3D Rendering Software Market Forecast to 2028 – COVID-19 Impact and Global Analysis

Visual Effects Market Forecast to 2028 – Covid-19 Impact and Global Analysis

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
E-mail: [email protected]
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/3d-animation-software-market
Industry Research: https://www.biospace.com/employer/2735308/the-insight-partners/ | https://www.premiummarketinsights.com/

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Artificial Intelligence

LinkShadow is positioned as a Representative Vendor in the 2024 Gartner® Market Guide for Network Detection and Response (NDR)

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ATHENS, Georgia, April 18, 2024 /PRNewswire/ — LinkShadow, a global leader in intelligent Network Detection and Response (NDR) has been recognized in the Gartner 2024 Market Guide for NDR solution. This insightful Gartner Report elaborates on how NDR can amplify infrastructure security by seamlessly integrating with various technologies such as SOAR, SIEM, EDR, MDR and numerous others.

 
 
As per Gartner, “The network detection and response market continues to grow and expand to hybrid network scenarios with IaaS deployment. Security and risk management leaders should reprioritize NDR as a key provider of AI analytics in the context of more automated security operations assistants.” 
Gartner also recommends that “enterprises should strongly consider NDR solutions to complement signature-based network security tools and network sandboxes. Many Gartner clients have reported that NDR tools have detected suspicious network traffic that other perimeter security tools had missed.”
Commenting on this, Fadi Sharaf, Regional Sales Director, LinkShadow, said: “We believe this Gartner recognition strengthens LinkShadow’s positioning in the NDR domain. Our aim is to extend the robust LinkShadow NDR capability to enterprises and empower them to stay ahead of the threat curve, taking a proactive approach to safeguard their sensitive assets.”
According to Gartner, “Despite strong competition from other platforms, NDR global market revenue continues to grow double digit, registering an increase of 19% for the period 1Q23 through 3Q23, year over year. When the NDR market was nascent, it was composed of a mix of pure-play startups and network monitoring companies expanding to security use cases. As the market grows, it is attracting more and more large platform providers.”
Gartner Key Findings:
Network detection and response (NDR) is commonly used as a complementary detection and response technology as part of a broader arsenal of security operations center (SOC) tools.The emergence of “AI-augmented” analytics overlays, in the form of SOC assistants, will benefit the NDR market as a useful source of insights for aggregated and summarized views.A handful of NDR vendors capture most of the attention in the market. Higher maturity organizations, often with more specialized detection use cases, often mix these well-known vendors with emerging local players in their shortlists.Most organizations value the response capabilities during their NDR provide evaluations, but only deploy very narrowly automated responses past the pilot phase.Gartner Recommendations:
Start small. Implement NDR to detect abnormal behaviors and provide investigation capabilities for post breach activity, extending incrementally across different types of networks.Identify how NDR’s behavior-based detections, once tuned, might augment your SOCability to respond to incidents faster and more accurately.Compare NDR vendors by defining rationalized metrics and evaluating how these NDR tools positively impact threat detection and incident response.Roll out automated response progressively, based on your existing incident response SLA for the type of incident and on the false positive rate of the detection engines.For more interesting details on the Gartner Report: https://www.linkshadow.com/LinkShadow-as-a-Representative-Vendor-in-2024-Gartner-Market-Guide-for-Network-Detection-and-Response.
Disclaimer:
Gartner, Market Guide for Network Detection and Response, Jeremy D’Hoinne, Thomas Lintemuth, et al, 29 March 2024.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About LinkShadow
LinkShadow is a US-registered company with regional offices in the Middle East. Pioneered by a highly skilled team with a vision to formulate a next-generation cybersecurity solution that provides unparalleled detection of even the most sophisticated threats. LinkShadow was built with the vision of enhancing organizations’ defenses against advanced cyber-attacks, zero-day malware, and ransomware, while simultaneously gaining rapid insight into the effectiveness of their existing security investments. Visit www.linkshadow.com.
Photo: https://mma.prnewswire.com/media/2390905/LinkShadow.jpg
Media contact: Ann Paterson VP of Marketing [email protected]+1 877 267 7313

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Artificial Intelligence

Nanoprecise Sci Corp Expands Energy Centered Predictive Maintenance Operations in Europe and Africa

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EDMONTON, AB, April 18, 2024 /PRNewswire/ — Nanoprecise Sci Corp is excited to announce the expansion of their Energy Centered Predictive Maintenance (ECM) operations into Europe and Africa. This expansion addresses the significant shift towards corporate sustainability within these regions, aligning with growing demands for technological solutions that enhance both environmental stewardship and operational reliability.  

Motor-driven machinery accounts for 65% of the world’s electricity consumption, with poorly maintained equipment using up to 30% of this energy, inefficiently. By improving visibility into the energy utilization of equipment, Nanoprecise’s ECM solution allows organizations to use energy consumption to prioritize preventative maintenance. This approach helps drive down energy consumption and carbon emissions, while ensuring production uptime and asset reliability.  
One of the big additions to their expansion into the region is the appointment of Kalyan Meduri as Head of Sales for Europe and Africa. Kalyan has over 18 years of global experience in incubating new technologies, scaling new businesses and motivating teams to solve customer problems differently. With experience across India, France and Denmark, he is passionate about creating a positive impact through technology and collaboration to present the next generation with a sustainable future. “The substantial shift towards sustainability in Europe makes it a prime market for our ECM solution,” remarked Kalyan Meduri. “By integrating our state-of-the-art predictive maintenance solutions with strategic energy management, we are helping businesses meet their sustainability goals while improving operational efficiency. It’s a win for them and for the planet!”  
Nanoprecise has become a preferred ESG solution provider for industrial organizations globally, and now for European organizations that want to accelerate their journey to reduce emissions and increase uptime, without further capital expenditures. Plus, with the recent announcement of their money-back guarantee, enterprises can make a risk-free, ROI guaranteed shift to energy-centric predictive maintenance.  
Join Kalyan and the Nanoprecise team at Hannover Messe in Hall 7, Booth #D28 and explore the capabilities and benefits of ECM.  
About Nanoprecise Sci Corp:  
Nanoprecise Sci Corp is an AI-powered energy centered predictive maintenance solution combining IoT sensor technology with artificial intelligence and machine learning to improve efficiency of machines and contribute to sustainability.  nanoprecise.io 
Media Contact:  Christian Keon  Head of Marketing, Nanoprecise  [email protected] 
Photo: https://mma.prnewswire.com/media/2390796/Nanoprecise.jpg
 

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Artificial Intelligence

oneZero partners with New Change FX to boost client trading performance

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Clients gain access to additional robust, independent FX reference data within oneZero’s Data Source
BOSTON, April 18, 2024 /PRNewswire/ — oneZero, a global leader in multi-asset enterprise trading technology solutions, today announced the integration of New Change FX benchmark data feeds into oneZero’s suite of analytics in Data Source. The addition of this new stream of high quality, independent FX reference data will enable clients to further enhance their trading performance, by providing the option for clients to utilize the New Change FX reference data in reporting.

New Change FX is a leading provider of continuous, officially regulated benchmark FX rates that are constructed by aggregating data from the entire global market. New Change FX is independent of liquidity providers and venues and has been authorized since 2018 as a benchmark administrator by the UK’s Financial Conduct Authority.
Andrew Ralich, CEO and Co-Founder of oneZero, commented: “As a technology provider committed to market neutrality, our primary goal is to empower clients with transparency throughout the entire trade lifecycle. Since 2009, we have advanced our position as an industry leader by establishing a liquidity-neutral EcoSystem for our clients. Today’s integration with New Change FX exemplifies how our adaptable data framework further enables clients to seamlessly access value-added services within our network of data partners. We are committed to continuing to build in new capabilities alongside the industry leading data and analytics capabilities that have been developed within oneZero’s Data Source product.”
Paul Lambert, CEO, New Change FX commented: “oneZero provides clients with extremely powerful analytics via Data Source Insights, and the addition of New Change FX’s benchmark data takes that to a new level. FX analytics are proving increasingly important for liquidity management and at New Change FX we share oneZero’s view that independent data is key to objective price measurement and improved trading outcomes.”
About oneZero
oneZero Financial Systems has been a leading innovator in multi-asset class enterprise trading technology for over a decade. Its powerful software encompasses the Hub, EcoSystem and Data Source – three components that together provide a complete solution for execution, distribution and analytics. Through reliable connectivity, technology, infrastructure and market access, oneZero empowers financial institutions and brokers to compete effectively in the global financial markets through a globally compliant, liquidity-neutral solution. oneZero is certified to the standards of ISO 27001 information security management systems, and has development and operations centers in Asia, Australia, Europe and North America.
For more information, please contact:
Talia GeberovichHead of Marketing and [email protected]
About New Change FX
New Change FX is an independent company dedicated to the measurement of foreign exchange pricing to deliver transparency and eliminate costs. New Change FX calculates independent benchmark rates which are published in real-time and used to support live trading processes. NCFX do not offer market access, trading or brokerage services and therefore users cannot directly influence the NCFX Benchmark calculation process.
To find out more please visit www.newchangefx.com.
The EU Benchmark Regulation ((EU) 2016/1011 of the European Parliament and the Council of 8 June 2016, “BMR”) came into effect on 1 January 2018 and introduces a common framework to ensure the accuracy and integrity of indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds.On 27 February 2018, HM Treasury in the UK passed into legislation the Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018, thereby fully adopting the BMR.In 2018, NCFX was granted permission by the Financial Conduct Authority (FCA) in the UK under Part 4A of the Financial Services and Markets Act 2000 to carry on the regulated activity of administering a benchmark.
In accordance with Article 27 of the BMR, NCFX provides benchmark statements for its families of benchmarks.
NCFX can be found on the FCA financial services register with firm reference number 793983. The FCA is the sole regulatory supervisor for NCFX.
For more information, please contact:
Kinga Broel-Plater Chief Commercial OfficerE-mail: [email protected]
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 Photo – https://mma.prnewswire.com/media/2389770/NCFX_Without_Backgroung__1.jpg

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