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Visualization and 3D Rendering Software Market Statistics, Key Growth Factors and Opportunity Analysis by 2023

06-15-2020 12:56 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Visualization and 3D Rendering Software Market Statistics, Key

Increase in demand for virtual modeling, and rising penetration of cloud computing have fueled the growth of the global visualization & 3D rendering software market. By deployment model, the on-premise segment held the major share in 2016. On the other hand, by region, Europe is projected to register the fastest CAGR of 22.7% by 2023.

Explore Full Report Description: https://www.alliedmarketresearch.com/visualization-and-3D-rendering-software-market

According to the report published by Allied Market Research, the global visualization & 3D rendering software market was estimated at $747 million in 2016 and is expected to hit at $2.90 billion by 2023, registering a CAGR of 21.7% from 2017 to 2023. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

The stand-alone segment to maintain its dominance during the forecast period-

Based on type, the stand-alone segment contributed to more than three-fifths of the total market share in 2016, and is expected to rule the roost by the end of 2023. The plugin segment, on the other hand, would grow at the fastest CAGR of 22.5% during 2017–2023.

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The on-premise segment to lead the trail through 2017–2023-

Based on deployment model, the on-premise segment held the highest share in 2016, generating two-thirds of the total market. Simultaneously, the cloud segment would showcase the fastest CAGR of 22.6% throughout the forecast period.

North America generated the highest share in 2016-

Based on geography, North America accounted for nearly two-fifths of the global market revenue in 2016, and is projected to dominate till 2026. At the same time, Europe would cite the fastest CAGR of 22.7% by 2023.

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Key players in the industry-

The key market players analyzed in the market report include,

• Act-3D B.V.
• Autodesk Inc.
• Webmax Technologies
• Siemens AG
• Embodee Corp.
• SAP SE
• Otoy Inc.
• Sphere 3D
• 3D Virtualization
• Luxion Inc.

These market players have taken recourse to several strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their stand in the industry.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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