Growing Infrastructure Development to boost the demand for Visualization and 3D Rendering Software Market
The visualization and 3D rendering software market worldwide is expected to grow with a CAGR of 14.7% throughout the forecast period from 2021 to 2029, starting from US$ 1,138.4 Mn in 2020. Growing infrastructure development and rising demand for 3D visualization are the major factors driving the market growth. Growing demand for 3D visualization in healthcare, media and entertainment, advertising and other industries will also boost the demand for the software. User-friendly interface, less cost, precise renderings and other benefits of the software are also helping the market growth. Thus, we project that the visualization and 3D rendering software market will show huge growth during the forecast period.
Healthcare Segment to be the Fastest Growing Segment
The visualization and 3D rendering software market by end-user is segmented into media & entertainment, building & construction, designing, healthcare and others (energy & utilities, etc.). The healthcare segment will be the fastest growing segment owing to growing need of 3D visualization for diagnoses, surgical planning, anatomical images and others. Growing adoption of new technologies and solutions in the healthcare industry are some other factors for the fastest growth of the segment. As a result, we presume that healthcare segment to be the fastest growing segment during the forecast period.
Asia Pacific to be the Fastest Growing Regional Market
North America led the visualization and 3D rendering software market followed by Europe and Asia Pacific in 2020. North America contributed for over 35% of the market revenue share in the same year. North America enjoys the market governance due to factors such as established economy, early adoption of technology and growing demand for advanced 3D visualization. On the other flip of the coin, we presume that Asia Pacific would demonstrate the fastest growth rate owing to increased investments for infrastructure development, rising demand for 3D solutions and growing healthcare industry in the region. Subsequently, we assume that Asia Pacific be the fastest growing region throughout the forecast period.
Some of the prominent players operating in the visualization and 3D rendering software market Act-3D B.V., Autodesk, Inc., Embodee Corp, Corel Corporation , NewTek, Inc , Trimble, Inc , NVIDIA Corporation , Otoy Inc., Luxion Inc., SAP SE, Siemens AG, Sphere 3D, and Webmax Technologies among others.
Historical & Forecast Period
This research report presents the analysis of each segment from 2019 to 2029 considering 2020 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2021 to 2029.
Key questions answered in this report
- What was the market size of visualization and 3D rendering software in 2020 and forecast up to 2029?
- Which is the largest regional market for visualization and 3D rendering software?
- What are the major trends followed in overall visualization and 3D rendering software across different regions?
- Who are the key visualization and 3D rendering software companies leading the market?
- What are the key strategies adopted by the leading visualization and 3D rendering software companies in market?
Unique data points of this report
- Recent trends across different regions in terms of adoption of visualization and 3D rendering software across various applications
- Notable developments going on in visualization and 3D rendering software market
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2020 (actual) and 2029 (forecast)
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Table of Contents
1. Preface
2. Executive Summary
3. Market Dynamics
4. Global Visualization and 3D Rendering Software (V & 3DRS) Market, by Deployment Model , 2019-2029 (US$ Mn)
5. Global Visualization and 3D Rendering Software (V & 3DRS) Market, by Application, 2019-2029 (US$ Mn)
6. Global Visualization and 3D Rendering Software (V & 3DRS) Market, by End-user, 2019-2029 (US$ Mn)
7. North America Visualization and 3D Rendering Software (V & 3DRS) Market Analysis, 2019-2029 (US$ Mn)
8. Europe Visualization and 3D Rendering Software (V & 3DRS) Market Analysis, 2019-2029 (US$ Mn)
9. Asia Pacific Visualization and 3D Rendering Software (V & 3DRS) Market Analysis, 2019-2029 (US$ Mn)
10. Rest of the World Visualization and 3D Rendering Software (V & 3DRS) Market Analysis, 2019-2029 (US$ Mn)
11. Company Profiles
Companies Mentioned
- Autodesk Inc.
- Embodee Corp
- Corel Corporation
- NewTek Inc
- Trimble Inc
- NVIDIA Corporation
- Otoy Inc.
- Luxion Inc.
- SAP SE
- Siemens AG
- Sphere 3D
- Webmax Technologies