Visualization and 3D Rendering Software Market Size, Share & Trends | Industry Report, 2018-2026
The
major contributing factor for the growth of the market for Visualization and 3D
Rendering Software can be the rise of a need for
real-time marketing, which allows flexibility to visualize the product from
multiple different angles.
Market
Size – USD 1 billion in 2018, Market Growth - CAGR of 20.6%, Market Trends – Growth
of high definition 3D viewing experience.
The Visualization and 3D Rendering Software market
is expected to grow from USD 1 billion in 2018 to USD 3.7 billion by 2026, at a
CAGR of 20.6% during the forecast period. The real-time marketing, growth of
high definition 3D viewing experience, lesser time and low cost, user-friendly
service provider interface and increasing need for innovative and
cost-effective technologies for visualization are some of the driving factors
of the market. With the rising number of visualization & 3D rendering
software devices augmenting the market, there has been a significant rise in
concerns related to development, design, and delivery of 3D content and
infrastructure.
Shortage of infrastructure and 3D
content availability restrain the growth of the visualization and 3D rendering
software market.
Further
key findings from the report suggest
- The Visualization and 3D Rendering Software
market are segmented by deployment type into cloud and on-premises. The
cloud segment is speculated to witness the highest growth at a CAGR of
20.9% during the forecast period, due to the demand for decreasing costs
of equipment and the growth in cloud data adaptation for obtaining
resources on demand.
- The Visualization and 3D rendering software
market is segmented by end-user application into architectural &
product visualization, high-end video games, marketing & advertisement
and training simulation. Marketing & advertisement segment in solution
is expected to witness the highest growth at a CAGR of 21.5% during the
forecast period since, with the help of 3D visualization, customers have
an opportunity to have a clearer picture of the products or services they
are interested in. Moreover, ease and lower cost benefits of marketing
encourage vendors to advertise their products or services using the
software.
- The Visualization and 3D rendering software
market is segmented by vertical into architecture, building, and
construction, media & entertainment, design & engineering,
healthcare & life sciences, academic and others. Healthcare & life
sciences segment is expected to witness the highest growth at a CAGR of
23.1% during the forecast period since 3D visualizations can be used for
purposes like anatomical images, leading to improved surgical planning,
diagnoses, and outcomes.
- The Visualization and 3D Rendering Software
Market is segmented geographically into North, America, Europe, Asia
Pacific and Rest of the World. North America, being a developed country
and always adopting advanced technologies, dominates the segment with a
CAGR of 23.9% during the base year, by highly adopting Visualization and
3D Rendering Software across multiple verticals for better outcomes for
the end users.
- Key players within Visualization and 3D
Rendering Software market are Autodesk, Inc (California, US), Siemens AG
(Munich, Germany), Adobe Systems (California, US), Dassault Systèmes
(Vélizy-Villacoublay, France), NVIDIA Corporation (California, US),
Trimble, Inc (California, US), Next Limit Technologies (Madrid, Spain),
Corel Corporation (Ottawa, Canada), SAP SE (Walldorf, Germany), Chaos
group (Sofia, Bulgaria), The Foundry Visionmongers Ltd (London, UK),
NewTek, Inc (Texas, US), Render Legion S.R.O. (Prague, Czech Republic),
Luxion, Inc (California, US), and Cristie Digital Systems (California, US)
To
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For this report, the market has been
divided into segments on the basis of deployment type, end-user application,
verticals, and regional analysis.
- Visualization and 3D Rendering Software Market
by deployment type (Revenue, USD Million; 2018-2026)
- Cloud
- On-Premises
- Visualization and 3D Rendering Software Market
by end-user applications (Revenue, USD Million; 2018-2026)
- Architectural & Product Visualization
- High-End Video Games
- Marketing & Advertisement
- Training Simulation
- Visualization and 3D Rendering Software
Market, by verticals (Revenue, USD Million; 2018-2026)
- Architecture, Building, and Construction
- Media & Entertainment
- Design & Engineering
- Healthcare & Life Sciences
- Academic
- Others
- Visualization and 3D Rendering Software Market
Regional Outlook (Revenue, USD Million; 2018-2026)
- North America
- US
- Europe
- Germany
- France
- UK
- Asia Pacific
- China
- Japan
- India
- Middle East & Africa
- Latin America
- Brazil
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