Global Visualization and 3D Rendering Software Market : Thriving Construction Industry in Asia Pacific
The global market for visualization and 3D rendering features a largely consolidated vendor landscape, with the leading three vendors accounting for a nearly 80% of the overall revenue generated in the market in 2016, observes Transparency Market Research in a recent report. These three vendors, namely Autodesk Inc., Dassault Systems, and NVIDIA Corporation, have strengthened their positions in the market with the help of cost competitive pricing, continuous introduction of innovative and advanced solutions, and collaborations with the view of expanding product portfolios.
The market presents significant demand for customized solutions. Thus, offering more innovative solutions or introducing higher versions of existing products with added features could help companies to further reinforce their positions or achieve larger share in the overall market.
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In February 2017, NVIDIA Corporation announced the release of GameWorks DX12, a software that is said to have advanced real-time simulation and rendering technologies. Introduction of such solutions could allow companies in the visualization and 3D rendering market to achieve better returns.
Transparency Market Research estimates that the global visualization and 3D rendering software market, which was pegged at US$577.4 mn in 2016, will exhibit an excellent CAGR of 24.3% from 2017 and 2025 and rise to a valuation of US$4,068.8 mn by 2025.
In terms of the type of deployment, the on-premise segment presently holds the dominant position in the global visualizations and 3D rendering software market. The segment accounted for a massive 66% of the overall revenue generated from the sales of visualization and 3D rendering software in the global market in 2016.
This 168 page report gives readers a comprehensive overview of the Visualization and 3D Rendering Software Market. Browse through Table. Browse through 45 figures and 18 data tables to unlock the hidden opportunities in this market.
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.
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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
On-premise
Cloud Based
Visualization & 3D Rendering Software market: By End-use Industry Vertical
Manufacturing
Construction
Media & Entertainment
Healthcare
Others
Visualization & 3D Rendering Software market: By Region
North America
The U.S.
Canada
Rest of North America
Europe
UK
France
Germany
Rest of Europe
Asia Pacific
India
Japan
China
Rest of APAC
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
South America
Brazil
Rest of South America
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