NEW YORK, United States, April 26, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Computer Graphics Market By Software (CAD/CAM, Digital Video, Simulation, Imaging, And Animation), By Services (Consulting, Training & Support, And Integration), By End-User (Small & Medium Businesses And Large Enterprises), By Vertical (Aerospace & Defense, Healthcare, Automotive, Entertainment & Advertising, Academia & Education, Manufacturing, Architecture, And Building & Construction), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.
“According to the latest research study, the demand of global computer graphics market size & share in terms of revenue was valued at USD 25.5 billion in 2022 and it is expected to surpass around USD 35.1 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 9.1% during the forecast period 2023 to 2030.”
The computer graphics market report is an indispensable guide on growth factors, challenges, restraints, and opportunities in the global marketplace. The computer graphics industry report covers the geographical market along with a comprehensive competitive landscape analysis. Additionally, the report explores the investor and stakeholder space to help companies make data-driven decisions.
What are Computer Graphics? How big is the Computer Graphics Industry?
Computer Graphics Market Overview:
Computer graphics produces images and art pictures with the help of computers. Today, computer graphics have established themselves as a key technology in computer displays, digital art, online photography, and video games. For computers, a wide range of specialized software and hardware are created, with displays of the latter made possible by computer graphics technology. Implicit surface visualization with ray tracing, 3D modelling, vector graphics, user interface design, GPU design, computer vision, sprite graphics, shaders, and other techniques are also included in computer graphics. Computer graphics are founded on the principles of geometry, physics, and optics.
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According to reports, computer graphics may present images to consumers in a clear, simple, and highly effective way. Additionally, it uses information from the real environment to process photos. A paradigm shift in graphic design, motion pictures, animation, video games, and advertising has been brought about by computer graphics.
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- Zion Market Research Methodology
Industry Growth Factors:
- Rising demand for 3D animation effects in movies and the media & entertainment industry will fuel the global market trends
The media & entertainment industry's rapid adoption of computer graphics for 3D animation and image processing will drive the trends in the worldwide computer graphics market. The increase in the use of smartphones, tablets, iPhones, and MacBooks will drive the market's global expansion.
The use of computer graphics is becoming more prevalent in the fields of civil engineering, healthcare, automotive, manufacturing, and clothing, which will broaden the market's potential for growth on a global scale. The use of new software with various settings by customers may change, which will enhance the growth of the worldwide computer graphics market.
Restraints:
- Need to update 3D computer graphics frequently could hamper global industrial growth
The scope of expansion for the computer graphics sector globally will be constrained by the requirement for ongoing 3D computer graphics upgrades, which will result in hardware costs. Additionally, since designing is mostly concerned with graphical software, using computer graphics is not user-friendly. In turn, this can prevent the worldwide industry from growing.
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Report Scope:
| Report Attribute | Report Details |
| Market Size in 2022 | USD 25.5 Billion |
| Market Forecast in 2030 | USD 35.1 Billion |
| Growth Rate | CAGR of 9.1% |
| Base Year | 2022 |
| Forecast Years | 2023- 2030 |
| Key Companies Covered | Walt Disney Animation Studios, Matrox, Autodesk Inc., Mentor Graphics, Inc., Oracle PLM, Advanced Micro Devices (AMD), Inc., Warner Bros Animation, Siemens PLM Software, Sony Corporation, Imagination Technologies Limited, Intel Corporation, Industrial Light & Magic, Adobe Systems Ltd., ARM Ltd., Nvidia Corporation, Dassault Systèmes SA, Microsoft Corporation, SAP PLM, DreamWorks Animation, 3D PLM, and others. |
| Segments Covered | By Software, Services, End-User, Vertical, and Region |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Computer Graphics Market: Segmentation Analysis
