Computer Graphics Market: Adopted and Implemented high-end Graphics Software
High penetration of internet and smart mobile across the globe, booming entertainment industry and increasing demand for graphics software in business process are some of the driving factors for computer graphics market. As the penetration of high speed internet is increasing across the globe the demand for online gaming with high resolution and graphics is increasing, ultimately resulting into the improved demand for computer graphics market. The entertainment industry is undergoing transformation and new video format with 4K and 8K are being adopted. Thus, editing and formatting of such high resolution video formats require high end computer graphics systems, fueling the demand for global computer graphics market. Concentrated consumer base and high price sensitivity are some of the challenges for computer graphics. 4D technology and cloud based subscription are potential opportunities for the players in computer graphics market. The software industry is witnessing transformation of shipment from proprietary software to cloud based subscription software. Thus, cloud based subscription can pose an opportunity for graphics vendors in the coming years.
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Computer Graphics market is segmented on the basis of software, service, end-users, verticals and geography. On the basis of software for which the graphics facility is required computer graphics market is segmented into computer aided design (CAD) / (computer aided manufacturing) CAM, visualization and simulation software, Digital Video editing software, imaging software, modeling software and animation software, among others. Further on the basis of services provided by computer graphics the market is segmented into consulting, training and support and integration. Small and medium business and enterprises are the two major segments of computer graphics market on the basis of end-user. On the basis of verticals computer graphics market is segmented into aerospace and defense, healthcare, automobile industry, entertainment and advertising, education and academia, manufacturing, building, architecture and construction, among others.
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