The global Visualization and 3D Rendering Software Market is anticipated to value USD 9.34 billion until 2027. It is also expected to register a CAGR of 21.41% over the forecasted years, 2020 to 2027. The rising need for enhancing visual experience to analyze products or components at the pre-production stage is anticipated to propel the market growth for such software.
The visualization and simulation application segment accounted for the highest share in 2019 on account of the rising need for management of customer insights. The animation segment accounted for a substantial share from 2020 to 2027 due to the increasing usage of these solutions for gaining exact information and enhancing the visual experience.
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The end-user segment of architecture, engineering, & construction dominated the global market in 2019 owing to the increasing usage of these solutions for designing, development, and analyzing the structures. On the other hand, the healthcare segment is expected to witness exponential growth in the upcoming years due to the usage of these software solutions to carry out the education and training of students.
In 2019, North America accounted for the highest share across the global market due to the presence of dominant players like Autodesk, Inc; and Dassault Systèmes across countries like the U.S. and Canada. Also, the increasing number of investments being undertaken by several organizations to carry out R&D activities are estimated to trigger the market growth across this region.
The visualization & 3D rendering software market includes key players such as Autodesk, Inc.; Trimble, Inc.; Dassault Systèmes; Corel Corporation; and Chaos Software. These players are developing innovative and advanced products to widen their product portfolio and gain a competitive advantage.
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Further key findings from the report suggest:
• In 2019, the architecture, engineering, & construction end-user segment accounted for highest share across the global market.
• The cloud deployment segment is expected to witness the fastest growth in the upcoming years.
• North America accounted for the highest share across the global visualization and 3D rendering software market.
• The key players in this market are Autodesk, Inc.; Trimble, Inc.; Dassault Systèmes; Corel Corporation; and Chaos Software.
Million Insights has segmented the global visualization & 3D rendering software market on the basis of applications, end users, deployment, and region:
Visualization & 3D Rendering Software Application Outlook (Revenue, USD Million, 2016 – 2027)
• Product Design & Modeling
• Visualization & Simulation
Visualization & 3D Rendering Software End User Outlook (Revenue, USD Million, 2016 – 2027)
• Architecture, Engineering, and Construction
• Manufacturing & Automotive
• Media & Entertainment
Visualization & 3D Rendering Software Deployment Outlook (Revenue, USD Million, 2016 – 2027)
Visualization & 3D Rendering Software Regional Outlook (Revenue, USD Million, 2016 – 2027)
• North America
• Asia Pacific
• Latin America
• Middle East & Africa
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