The global market for visualization and 3D rendering software has significantly increased in the past few years owing to the market’s widening scope of application across a number of industries. As the market witnesses the introduction of products with increasingly innovative features with the capability of producing excellent 3D renditions of the desired object, visualization and 3D rendering software products are witnessing a further rise in adoption.
The global market for visualization and 3D rendering software products is expected to tread along an excellent growth path in the next few years. Transparency Market Research states that the market will exhibit a CAGR of 24.3% from 2017 to 2025, rising from a valuation of US$577.4 mn in 2016 to US$4,068.8 mn by 2025.
By enabling quick visualization and animation development, visualization and 3D rendering software help accelerate the overall process of image processing, animation, and graphic designing.
Also, the process eliminates the need for any additional sophisticated modeling models, thereby significantly cutting down the expense of creating and changing visualization models. These benefits of advanced visualization and 3D rendering software products are key the vast rise in their adoption across a number of industry verticals in the past few years.
The use of visualization and 3D rendering software in reducing the time for finalizing product images and thus creating marketing material faster, making just-in-time marketing of the product more achievable, is also a key driver of the global visualization and 3D rendering software market.
Owing to these factors, visual artists in industries such as entertainment, automotive, architecture, advertising, and web design are expected to increasingly utilize visualization and 3D rendering tools to create lifelike scenes for use in media or client engagement purposes.
Some of the leading vendors operating in the global visualization and 3D rendering software market are Autodesk Inc., Dassault Systems, NVIDIA Corporation, Chaos Group, Abvent Group, Cebas Visual Technology Inc., Next Limit S.L, Luxion Inc., OTOY Inc., and Act-3D B.V.
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For the study, the global market for visualization and 3D rendering software has been segmented as follows:
Visualization & 3D Rendering Software market: By Deployment Type
- Cloud Based
Visualization & 3D Rendering Software market: By End-use Industry Vertical
- Media & Entertainment
Visualization & 3D Rendering Software market: By Region
- North America
- The U.S.
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of APAC
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America