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Design, Editing & Rendering Software Market:Executive Summary
The global design, editing & rendering software market is expected to decline from $39.5 billion in 2019 to $39.2 billion in 2020 at a compound annual growth rate (CAGR) of -0.7%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9% from 2021 and reach $50.2 billion in 2023.
The design, editing and rendering software market consists of sales of design, editing and rendering software by entities (organizations, sole traders and partnerships) that develop, market and distribute computer and mobile software used for design, photo editing, video editing, animation, graphic designing, industrial designing and object rendering.
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Companies in the design, editing and rendering software industry are increasingly innovating their products to improve technology, user friendliness and expand its user base. Areas of particular development are likely to be 3D modeling, 3D printing, language translation, virtual reality and pricy protection. For instance, in October 2017, Microsoft launched Paint 3D which would enable users to create 2D drawings to 3D objects at the touch of a button. The software can also turn photographs or real life objects into 3D drawings. Similarly, Simplify3D launched its recent version in October 2017. It will support five multiple languages including Japanese, French, Italian, Spanish, and German. With this, the company seeks to establish itself internationally and increase its global accessibility.
North America was the largest region in the global design, editing & rendering software market, accounting for 41% of the market in 2019. Asia Pacific was the second largest region accounting for 37% of the global design, editing & rendering software market. Africa was the smallest region in the global design, editing & rendering software market.
Where is the largest and fastest growing market for the design, editing & rendering software? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Design, Editing & Rendering Software market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider design, editing & rendering software market, and compares it with other markets.
• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.
• Market segmentations break down market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
• The design, editing & rendering software market section of the report gives context. It compares the design, editing & rendering software market with other segments of the software products market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, design, editing & rendering software indicators comparison.
Scope
Markets Covered:
1) By Type: Engineering Design Software; Animation And VFX Design Software; Image/Video Editing And Graphic Design Software
2) By Application: Industrial Engineering; Games; Video; Others
Subsegments Covered: Computer-Aided Design; Electronic Design Automation Software; Media Animation And VFX Design Software; Entertainment Animation And VFX Design Software; Gaming Animation And VFX Design Software; Pixel-Based Image Editors; Vector-Based Image Editors
Companies Mentioned: Dassault Systemes SA; Adobe Systems; Synopsys Inc; Autodesk; Hexagon AB
Metrics Covered: Number of Enterprises; Number of Employees
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, design, editing & rendering software indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Continuous…
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NOTE : Our team is studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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