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“Just-in-time marketing is driving the visualization and 3D rendering software market”The visualization and 3D rendering software market size is expected to grow from USD 1.06 billion in 2017 to USD 2.92 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 22.40%. Just-in-time marketing and less time and low cost are some of the driving factors of the visualization and 3D rendering market. However, lack of infrastructure is one of the restraining factors that may hamper business critical functions in visualization and 3D rendering.
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“The marketing and advertisement is expected to record the highest growth rate in the visualization and 3D rendering software market during the forecast period”
Marketing and advertisement is projected to be the fastest growing market segment in the visualization and 3D rendering software market during the forecast period. The visualization and 3D rendering software helps during the stages of prototyping as consumers get to see a realistic picture of how their image or animation is going to turn out. 3D rendering creates an effective marketing tool giving a potential client a full visualization of a space or building. The architectural and product visualization is expected to hold the largest market share in the visualization and 3D rendering software market during the forecast period.
“On the basis of end-user market, design and engineering is expected to hold the largest market share in the
visualization and 3D rendering software market during the forecast period”
The design and engineering is expected to have the largest market share during the forecast period, because of high resolution, perfection, and quality of product designs that engineers can produce by using visualization and rendering techniques. In the end-user segment, the media and entertainment sub segment is expected to have the second largest market share in the visualization and 3D rendering software market during the forecast period.
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“Middle East & Africa (MEA) is expected to grow at the highest rate during the forecast period”
MEA is expected to grow at the highest CAGR in the visualization and 3D rendering market during the forecast period, as the region has the presence of creditable organizations that are gradually enabling the embracement of advance technologies. North America is expected to hold the largest market share in the visualization and 3D rendering software market during the forecast period.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people.
The breakup of profiles of primary participants is given below:
• By Company: Tier 1: 25%, Tier 2: 31%, and Tier 3: 44%
• By Designation: C level:32%, Director level:35%, and Others: 33%
• By Region: North America: 40%, Europe :29%, and APAC:31%
The various key vendors profiled in the report are as follows:
• Autodesk, Inc
• Siemens AG
• Adobe Systems
• Dassault Systèmes
• NVIDIA Corporation
• Trimble, Inc
• Next Limit Technologies
• Corel Corporation
• SAP SE
• Chaos group
• The Foundry Visionmongers Ltd
• NewTek, Inc
• Render Legion S.R.O.
• Luxion, Inc.
• Cristie Digital Systems
Research Coverage :
The visualization and 3D rendering software market has been segmented on the basis of application, deployment type, end-user, and region. A detailed analysis of the key market players has been done to provide key insights into their business overview, products and services, key strategies, new product launches, partnerships, agreements, collaborations, expansions, and competitive landscape associated with the visualization and 3D rendering software market.
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