Early impacts of COVID-19 on Visualization and 3D Rendering Software Market

The ongoing COVID-19 pandemic--and the worldwide reaction to it--has compelled companies to radically rethink their strategies and the way they operate. We salute the industry experts helping companies survive and sustain in this pandemic.

At MarketsandMarkets(TM), analysts are undertaking continuous efforts to provide analysis of the COVID-19 impact on the Visualization and 3D Rendering Software Market. We are working diligently to help companies take rapid decisions by studying:
o The impact of COVID-19 on the Visualization and 3D Rendering Software Market, including growth/decline in product type/use cases due to the cascaded impact of COVID-19 on the extended ecosystem of the market
o The rapid shifts in the strategies of the Top 50 companies in the Visualization and 3D Rendering Software Market
o The shifting short-term priorities of the top 50 companies' clients and their client's clients

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The report "Visualization and 3D Rendering Software Market by Application (High-End Video Games, Architectural and Product Visualization, Training Simulation, Marketing and Advertisement), Deployment Type, End-User, and Region- Global forecast to 2022", The global visualization and 3D rendering software market size is expected to grow from USD 1.06 Billion in 2017 to USD 2.92 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 22.40% during the forecast period. Just-in-time marketing and user-friendly renderer interface are some of the driving factors of the visualization and 3D rendering market.

Browse 35 market data tables and 37 figures spread through 119 pages and in-depth TOC on "Visualization and 3D Rendering Market by Application (High-End Video Games, Architectural and Product Visualization, Training Simulation, Marketing and Advertisement), Deployment Type, End-User, and Region- Global forecast to 2022"
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Architectural and product visualization to play a key role in the visualization and 3D rendering market by 2022

Architectural and product visualization have the largest market share in the visualization and 3D rendering application market during the forecast period. Their market size is expected to grow as 3D product rendering helps in easy marketing, saves prototyping time and expense, and lets users see physical conditions of the product. Marketing and advertisement has the highest market growth rate during the forecast period.

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Academia is expected to record the highest growth rate

Among visualization and 3D rendering end-use industries, the academia is expected to grow at the highest rate as visualization and 3D rendering visuals help in understanding complex concepts, whereas healthcare and life sciences is projected to be the second fastest growing market segment during the forecast period.

The North American region is expected to contribute the largest market share in the visualization and 3D rendering market

North Americais expected to hold the largest market share in the visualization and 3D rendering market during the forecast period, as the visualization and 3D rendering enhance and increase the precision of organizational procedures so as to offer enriched products to end-users. The MEA region is expected to grow at the highest rate, as the region is experiencing the presence of creditable organizations that are gradually enabling the embracement of advance technologies.

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Major vendors in the visualization and 3D rendering market include Autodesk, Inc (California, US), Siemens AG (Munich, Germany), Adobe Systems (California, US), Dassault Systèmes (Vélizy-Villacoublay, France), NVIDIA Corporation (California, US), Trimble, Inc (California, US), Next Limit Technologies (Madrid, Spain), Corel Corporation (Ottawa, Canada), SAP SE (Walldorf, Germany), Chaos group (Sofia, Bulgaria), The Foundry Visionmongers Ltd (London, UK), NewTek, Inc (Texas, US), Render Legion S.R.O. (Prague, Czech Republic), Luxion, Inc (California, US), and Cristie Digital Systems (California, US).

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