The global visualization & 3D rendering market size is projected to reach USD 5.63 billion by 2025, according to a study conducted by Grand View Research, Inc., progressing at a CAGR of 22.5% during the forecast period. Rising need for innovative and cost-effective technologies for visualization and simulation is revving up the adoption of visualization & 3D rendering software. The software is used for various applications such as product design & modeling, animation, and visualization & simulation. These solutions help in real-time marketing, product designing, and training among several other applications. Benefits such as cost optimization, time management, and real-time reviewing are expected to propel the market. The software allows enterprises to provide attractive and customized products and services.
Availability
of 3D content and proper infrastructure play a pivotal role in the development of
the market. Presence of a robust wireless connectivity in regions such as North
America has facilitated widespread adoption of visualization & 3D rendering
software. Hence, the regional market is anticipated to witness substantial
growth over the coming years. Additionally, presence of prominent visualization
& 3D rendering companies such as Autodesk, Inc.; Dassault Systèmes;
Trimble, Inc.; and Adobe Systems Incorporated is estimated to supplement growth
prospects of the market.
With
rising number ofvisualization & 3D rendering software devices augmenting
the market, there has been significant rise in concerns related to development,
design, and delivery of 3D content and infrastructure.
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Further key
findings from the study suggest:
- In terms of application,
product design and modelling will continue to be leading segment in the market
throughout the forecast period. The segment is poised to command one third
of the market by 2025
- Architecture, engineering,
and construction are likely to account for over 25.0% by 2025. Demand for
visualization and 3D rendering software is high in the sector as lifelike
models provide real-time experience to end-users. Just-in-time marketing
enables them to gain quick feedback and instantly make the necessary
changes
- Thecloud segment is
projected to continue its dominance in the market with a CAGR of 23.6%
during the forecast period
- North America is leading the
market and is expected to retain its position over the forecast period,
owing to early adoption of the technology and presence of leading market
players
- Some of the prominent
players in the market are Autodesk, Inc.; Dassault Systèmes; Trimble,
Inc.; and Adobe Systems Incorporated;Corel Corporation; The Foundry
Visionmongers Ltd.; Chaos Software; and Luxion, Inc.
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Grand View Research has segmented
the global visualization & 3D rendering software market based on
applications, end users, deployment, and region:
Visualization &
3D Rendering Software Application Outlook (Revenue, USD Million, 2014 - 2025)
- Product Design &
Modeling
- Animation
- Visualization &
Simulation
- Others
Visualization &
3D Rendering Software End User Outlook (Revenue, USD Million, 2014 - 2025)
- Architecture, Engineering,
and Construction
- Gaming
- Healthcare
- Manufacturing &
Automotive
- Media & Entertainment
- Others
Visualization &
3D Rendering Software Deployment Outlook (Revenue, USD Million, 2014 - 2025)
- On-premise
- Cloud
Visualization &
3D Rendering Software Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- Japan
- Latin America
- Middle East & Africa
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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