According to IMARC Group latest report titled “Visualization and 3D Rendering Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on visualization and 3D rendering software market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global visualization and 3D rendering software market reached a value of US$ 2.14 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.87 Billion by 2027, exhibiting a CAGR of 20.9% during 2022-2027.
Visualization and 3D rendering software represents a computer program that is utilized for creating and generating images based on three-dimensional (3D) data. It is also used for graphical user interfaces and demonstrations at exhibitions, conferences, presentations, etc., to present the required information across various businesses. The visualization and 3D rendering equipment are commonly available in stand-alone and plug-in variants. They offer improved processing, real-time insights, a user-friendly renderer interface, enhanced cost-effectiveness, etc. Consequently, visualization and 3D rendering software finds extensive applications in several industries, such as media and entertainment, construction, healthcare, etc.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
The escalating demand for virtual modeling and building design solutions is primarily driving the visualization and 3D rendering software market. Additionally, the widespread product adoption by organizations to stimulate construction plans, transportation systems, utility networks, etc., owing to the development of smart cities, is further catalyzing the market growth. Besides this, 3D modeling aids in visualizing the interior and exterior features of upcoming construction projects, which is acting as another significant growth-inducing factor. Moreover, the growing utilization of real-time rendering software with advanced editing capabilities that enable the users to make prompt adjustments to the designs is positively influencing the global market. Apart from this, the inflating popularity of high-level gaming and videography platforms is anticipated to fuel the visualization and 3D rendering software market over the forecasted period.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Adobe Inc.
- Altair Engineering Inc.
- Autodesk Inc.
- Chaos Software Ltd.
- Corel Corporation
- Dassault Systèmes SE
- Luxion Inc.
- Next Limit Technologies
- NVIDIA Corporation
- SAP SE
- Siemens AG
- Trimble Inc
Visualization and 3D Rendering Software Market Segmentation:
Our report has categorized the market based on region, product type, deployment mode, application and end use industry.
Breakup by Product Type:
Breakup by Deployment Mode:
Breakup by Application:
- Architectural and Visualization
- Research and Training
- Marketing and Advertisement
Breakup by End Use Industry:
- Construction and Real Estate
- Energy and Utilities
- Media and Entertainment
- Healthcare and Life Science
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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