3D Rendering Market Opportunity and Demand Analysis Report by 2030

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3D Rendering Market Opportunity and Demand
Analysis Report by 2030
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• Industry Insights

• Global 3D rendering market is estimated to cross
  a valuation of US20 billion by 2030. Tech firms
  across the globe are introducing advanced
  versions of solutions to make it easier for
  clients to design and visualize their final
  product. Advantages, such as ease in adjusting
  textures, materials, lighting and facilitating
  better explanation of concepts and designs will
  further enhance the software demand.
• 3D rendering market share is anticipated to grow
  at a promising rate due to the rising adoption of
  futuristic technologies in a wide range of
  sectors. For instance, the construction sector is
  increasingly using solutions to give their
  clients an overview of the design and structure
  of various buildings.
• Apart from construction, entertainment,
  healthcare, automotive, and manufacturing sectors
  are some of the major users of software. The
  software enables these end-users to explore a
  limitless variety of options before finalizing a
  design or structure. It helps architects,
  marketers, and builders save money and time on
  travel, furniture, props, and interior designers.

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• The usage of 3D imaging software has grown
  significantly in the education sector in recent
  years, especially during the COVID-19 outbreak in
  2020-2021. Millions of students across the world
  were forced to switch to online classes. It gave
  software developers a unique yet profitable
  opportunity to create applications that use 3D
  animation to better explain complex subjects.
• Edtech companies like Byjus witnessed a major
  spike in their revenue margins during this
  period. In fact, edtech startups across India
  raised an astounding US4.7 billion in funding,
  becoming the third-most funded sector in 2021. 3D
  rendering solutions give these firms the liberty
  to experiment with different designs to make
  online classes more engaging.
• Enhancing the buying experience of customers has
  prompted companies to boost their investments in
  innovative technologies, such as 3D imaging and
  designing. Using 3D rendering software allows
  firms to avoid unnecessary expenses associated
  with the creation of multiple prototypes. They
  can also easily identify flaws in their product
  design and rectify them accordingly before
  starting the actual production.
• Organizations are launching updated versions of
  their 3D imaging software to equip manufacturers
  with better technologies while designing their
  products. For example, American computer software
  company PTC launched an advanced version of its
  CAD software CREO in May 2022, called the CREO 9.
  The latest software will enable creators to make
  better designs in lesser time. The new functions
  in the software will make it easier for users to
  divide the design surfaces, which will improve
  their analysis and product definition.

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• Regional Analysis

• Growing investments by regional governments
  across the construction sector will bolster Latin
  America 3D rendering market forecast. In June
  2022, the Inter-American Development Bank (IDB)
  announced that it had approved an infrastructure
  loan worth US150 million to foster Brazils
  inclusive and sustainable development.

• Competitive Analysis

• Some of the top shareholders operating in the 3D
  rendering market include Easy Render, Foundry
  Visionmongers Ltd, Keyshot, MAP Systems, Maxon
  Computer, Next Limit Technologies, NVIDIA
  Corporation, Pixologic Inc., SideFX (Houdini),
  Tesla Outsourcing Services, Trimble Inc., Adobe
  Inc., Act-3D B.V. (Lumion), Blender, BluEntCAD,
  Chaos Software, Christie Digital Systems USA,
  Inc., and Autodesk Inc. Some of these firms are
  focusing on launching key products to expand
  their portfolio and reinforce their market
  position.

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