Visualization And 3D Rendering Software Market Growth, Size, Analysis, Outlook by Trends, Growth Analysis and Forecast to 2030

The global visualization and 3D rendering software market size were US$ 1.50 billion in 2020. The global visualization and 3D rendering software market size are forecast to reach US$ 11.6 billion by 2030 by registering a compound annual growth rate (CAGR) of 22.5% during the forecast period from 2021 to 2030.

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Visualization and 3D rendering software are used in the transportation and telecommunication industries as a graphical user interface to present the needed information among users. 3D rendering enables colors, realistic lighting, shadow effects to enhance the picture.

Factors Influencing

The new era of animation rendering, 3D configurators, and computer graphics may play a crucial role in the growth of visualization and 3D rendering software in the construction industry. The software reduces rendering time, thus speeding up the entire process, which is beneficial for every industry.
Game engines such as unreal engines adopt real-time rendering to accelerate the speed. Moreover, 3D rendering services possess decision-making abilities. As a result, the global visualization and 3D rendering software market would witness notable growth opportunities.
Growing initiatives for the development of smart cities and the need for architecture plans may amplify the market growth in the coming years.
Various countries, including the United States, Canada, Germany, India, the United Kingdom, the Netherlands, Spain, China, and Sweden, are focusing on the growth of smart cities. Thus, the planning would ultimately require design and infrastructure modeling. Therefore, it would grow the adoption of Visualization & 3D rendering software to offer advanced graphical models and rendering solutions.
Lack of awareness regarding visualization and 3D rendering software may slow down the market growth during the forecast period.

Geographic Analysis

Regionally, North America holds the major share in the global visualization and 3D rendering software market. The regional market is witnessing growing demand for visualization and 3D rendering software technology. As a result, it would boost the growth of the global market. Moreover, the presence of prominent players in North America and Europe may create favorable revenue growth.

The Asia Pacific region along with the Middle East and Africa may witness significant growth, mainly in China, Japan, South Korea, and India. The growing number of BIM modelers, architectural firms, visual effects studios, and film studios in the region would be the most favorable factors propelling the market growth.

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COVID-19 impact analysis

The visualization and 3D rendering software market has been registering continuous growth for the past few years; however, the onset of the COVD-19 epidemic disrupted it all in 2020. The implementation of lockdown in various countries created severe interruptions in the working and revenue generation. Post-pandemic, the visualization and 3D rendering software market is forecast to recover rapidly once the construction activities rebegin.

Competitors in the Market

Autodesk, Inc.
Siemens AG
Adobe Systems Incorporated
Dassault Systems
Nvidia Corporation
Trimble, Inc.
Next Limit Technologies
Corel Corporation
SAP SE
Chaos Group
The Foundry Visionmongers Ltd.
Newtek, Inc.
Render Legion S.R.O.
Luxion, Inc.
Christie Digital Systems USA, Inc.
Other prominent players

Market Segmentation

By Application

Architectural & Visualization
Research & Training
Gaming
Marketing & Advertisement
Others

By Deployment Model

On-premise
Cloud

By Industry Vertical

Construction & real estate
Energy & utilities
Media & entertainment
Education
Healthcare & life science
Others

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By Product Type

Plugin
Stand-alone

Insight by Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

What is the goal of the report?

-The market report presents the estimated size of the ICT market at the end of the forecast -period.

-The report also examines historical and current market sizes.

-During the forecast period, the report analyzes the growth rate, market size, and market valuation.

-The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.

-The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.

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This release was published on openPR.