Visualization and 3D Rendering Software Market Hits 30.03% of CAGR, Due to Business Intelligence, Advanced Analytics Techniques

Press Release   •   May 30, 2016 05:22 EDT

The visualization and 3D rendering software market size is expected to grow from USD 431.1 Million in 2015 to USD 1,602.3 Million by 2020, at an estimated CAGR of 30.03% during the forecast period. Major growth drivers of the market are just-in-time marketing opportunities, less time and low costs involved, and the advent of 3D-enabled display devices. These factors are expected to shape the future of the visualization and 3D rendering market.

Complete report of Visualization and 3D Rendering Software Market spread across 119 Pages, Profiling 11 Companies and Supported with 40 Tables and 41 Figures is now available at http://www.reportsnreports.com/reports/512108-visualization-and-3d-rendering-software-market-by-application-high-end-video-games-architectural-and-product-visualization-training-simulation-marketing-and-advertisement-by-deployment-type-by-end-user-by-region-global-forecast-to-2020.html .

The global market has been segmented on the basis of regions into North America, Asia Pacific (APAC), Europe, the Middle East and Africa (MEA), and Latin America, to provide a region-specific analysis in the report. The North American region is expected to continue being the largest revenue generator region for visualization and 3D rendering software vendors for the next five years, followed by Europe.

This Research also focuses on following points

  • Product Analysis - Product matrix, which gives a detailed comparison of product portfolio of each company
  • Geographic Analysis - Further breakdown of the North American market into the U.S. and Canada
  • Further breakdown of the APAC market into South Korea, India, China, and others
  • Company Information - Detailed analysis and profiling of additional market players (up to five)

This is mainly because in developed economies of Canada and the U.S., there is a high focus on innovations obtained from R&D and technology. The APAC region is expected to be fastest-growing region in the visualization and 3D rendering market. The growth in this region is primarily driven by the growing awareness among enterprises. Many APAC countries such as China, India, Japan, Singapore, and Korea are investing heavily in cost-effective rendering solutions and services.

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Factor such as lack of infrastructure is expected to limit the market growth. The lack of adaptability of existing infrastructure hinders the growth of the 3D imaging market. To implement 3D rendering technologies comprehensively, smarter equipment and devices are required.

Major vendors that offer visualization and 3D rendering solutions and services globally are Autodesk (U.S.), Luxion (U.S.), Dassualt Systemes (Europe), NVIDIA (U.S.), Chaos Group (Europe), Lumion (Europe), Next Limit Technologies (Europe), and Solid Iris Technologies (Europe).

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The study validates the market size of segments and segments through secondary research and in-depth primary interviews. Various industry leaders in Tier 1, Tier 2, and Tier 3 companies were contacted for primary interviews. The in-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the social media analytics marketplace.

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