Exploring the New Revenue Streams in the Global Software Market of 3D rendering and visualization
According to the Transparent Market Research in 2016, the 80% of the revenue generated in the Global market for 3D rendering and visualization, was accounted by the three leading vendors that include Auto desk Inc., Dassault Systems and the NVIDIA Corporation. The 3D rendering and visualization software developed by these vendors have been equipped with various innovative and advanced solutions, that has helped them to attain a strong position in the market.Even the market has been demanding for the customized solutions, made it possible for the leading vendors to attain revenue on a large scale. As the demand increased for the customized solutions, the vendors introduced the higher versions of the existing software that offers more innovative solutions. Apart from the customized solutions, there are various other features like cost competitive price and collaboration view to expand the product portfolio made possible to hold the top position in the market.
It has also been estimated by the Transparency Market Research that the valuation of the global market of the 3D rendering and visualization will be increased to US$4,068 mn by 2025. Since in 2016, the limit was set to US$577.4 but it will show a great expand i.e. CAGR of 24.3% from 2017 to 2025.
Cloud Based Deployment:
At present, the software holds a dominant position in the global market of visualization and 3D rendering software and is based on the “on-premise” type of deployment. This “” segment has accounted for the 66% of the sale generated in 2016 global market of 3D rendering and visualization software. In order to increase the adoption rate and the popularity of the software, the deployment type has been changed from the “On-Premise segment deployment” to “cloud based deployment” in 2018 software products.
Fast and Low Cost Deployment:
The 3D rendering and visualization software allows the quick deployment that enables the users to accelerate various processes like image processing, animation and graphic designing. Even the software does not require any experienced modeling models and thus, lowers the cost of creating and changing the visualization models. In the past years, the benefits offered in the advanced software product have fueled the adoption of the software product by various industries.Utilization of the software product to create the final product image has allowed the users to reduce the time and thus, enabling the users to create the marketing material,faster. The feature“Fast and Low Cost Deployment” acts the driver of the global visualization and 3D rendering software market.
Kulsher is technical content writer. He keeps a stern look out over the new updates and architectural rendering design and service . Apart from these, he also provides the awareness about the updates of all new designs or creativities through his blogs and articles.