Global Visualization And 3D Rendering Software Market (2021 to 2030) – by Product Type, Deployment Model, Application and Industry Vertical – The Sabre

2022-03-22 06:56:19 By : Ms. Sunny Yan

The global visualization and 3D rendering software market size were US$ 1.50 billion in 2020. The global visualization and 3D rendering software market size are forecast to reach US$ 11.6 billion by 2030 by registering a compound annual growth rate (CAGR) of 22.5% during the forecast period from 2021 to 2030.

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Visualization and 3D rendering software are used in the transportation and telecommunication industries as a graphical user interface to present the needed information among users. 3D rendering enables colors, realistic lighting, shadow effects to enhance the picture.

Regionally, North America holds the major share in the global visualization and 3D rendering software market. The regional market is witnessing growing demand for visualization and 3D rendering software technology. As a result, it would boost the growth of the global market. Moreover, the presence of prominent players in North America and Europe may create favorable revenue growth.

The Asia Pacific region along with the Middle East and Africa may witness significant growth, mainly in China, Japan, South Korea, and India. The growing number of BIM modelers, architectural firms, visual effects studios, and film studios in the region would be the most favorable factors propelling the market growth.

The visualization and 3D rendering software market has been registering continuous growth for the past few years; however, the onset of the COVD-19 epidemic disrupted it all in 2020. The implementation of lockdown in various countries created severe interruptions in the working and revenue generation. Post-pandemic, the visualization and 3D rendering software market is forecast to recover rapidly once the construction activities rebegin.

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