Design, Editing & Rendering Software Publishing in the US - Industry Market Research Report

Still rendering: A more significant percentage of business conducted online will likely bolster industry growth and stability

Businesses in the Design, Editing and Rendering Software Publishing industry create software programs for graphic design, architecture and video game production professionals, among others. Industry revenue has been increasing at a CAGR of 15.6% over the past five years, reaching an estimated $24.9 billion in 2020. This includes a projected 5.8% rise in 2023, following the continued inclusion of designed goods into the web and physical world. The adoption of new technology, including 3D printers and virtual reality, by manufacturers and hobbyists, has spurred demand for computer-aided design (CAD) software. Spiking consumer entertainment and the e-commerce frenzy generated by the COVID-19 pandemic helped graphics software developers pull in an astonishing 13.5% more income than in 2019. Still, industry profit, measured as earnings before interest and taxes, has been collapsing, and represents only an estimated 15.7% of revenue in 2023, compared with 17.0% in 2018.

This industry develops and distributes design, picture-editing, video-rendering, object-rendering and audio-editing software. These types of software are widely used in the fields of graphic design, architecture, video game development, manufacturing and media production. The industry also includes companies that develop software add-ons. This industry does not publish software for editing textual documents (report 51121a).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.