The Design, Editing & Rendering Software Global Market Report 2023 by The Business Research Company, provides design, editing & rendering software market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Design, Editing & Rendering Software Global Market Report 2023, the global design, editing & rendering software market size grew from $47.58 billion in 2022 to $50.43 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The design, editing & rendering software market is expected to grow to $62.56 billion in 2027 at a CAGR of 5.5%.
Continuous technological innovation and greater access to 3D enabled devices is driving the design, editing and rendering software products market. Additionally, increased internet penetration has led to an increase in usage and awareness of software products, mobile virtualization, mobile applications, and 3D entertainment, which led to an increased usage of 3D rendering and animation software products.
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The design, editing & rendering software market is segmented:
1) By Type: Engineering Design Software, Animation And VFX Design Software, Image/Video Editing And Graphic Design Software
2) By Application: Industrial Engineering, Games, Video, Other Applications
3) By End-User: Architects and Builders, Designers, Remodelers: Other End-Users
4) By Deployment: Cloud, On-Premise
Subsegments Covered: Computer-Aided Design, Electronic Design Automation Software, Media Animation And VFX Design Software, Entertainment Animation And VFX Design Software, Gaming Animation And VFX Design Software, Pixel-Based Image Editors, Vector-Based Image Editors
Some design, editing, and rendering software vendors are gradually shifting towards a subscription revenue mode to increase the subscriber base. This model is often priced at around one-fifth of the license fees of the software. Companies in this industry are offering software products through a subscription revenue model as entities working on single projects and small to medium-sized companies to help them reduce their IT expenditure. For instance, Adobe launched the Adobe Creative Cloud, which offers the entire collection of Adobe software products on users’ desktops. It follows an annual or monthly subscription model that can be accessed on any desktop, laptop, or tablet.
Top Major Players
Adobe Systems Incorporated,
Dassault Systemes,
Google,
AUTODESK, Inc.,
Synopsys, Inc.
The design, editing & rendering software market report table of contents includes:
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List Of Tables :
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Design, Editing & Rendering Software Market, 2022, By Region, Value ($ Billion)
Table 4: Global Design, Editing & Rendering Software Market, 2017-2022, 2022-2027F, 2032F, Historic And Forecast, By Region
Table 5: Global Design, Editing & Rendering Software Market, Growth And Market Share Comparison, By Region
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Table 132: Global Software Products Market, 2017-2022, 2022-2027F, 2032F, Historic And Forecast, By Region
Table 133: Global Software Products Market, 2017-2022, 2022-2027F, 2032F, Segmentation By Type, Value ($ Billion)
Table 134: Global Design, Editing & Rendering Software Market In 2027- Growth Countries
Table 135: Global Design, Editing & Rendering Software Market In 2027- Growth Segments
Table 136: Global Design, Editing & Rendering Software Market In 2027- Growth Strategies
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