3D Rendering Market demand to hit USD 9 Bn by 2026: Global Market Insights, Inc.

Selbyville, Delaware, July 29, 2020 (GLOBE NEWSWIRE) --
Global Market Insights, Inc. has recently added a new report on 3D rendering market which estimates the global market valuation for 3D rendering will cross US$ 9 billion by 2026. The increasing demand for cost-effective and innovative 3D technologies for simulation and visualization is contributing significantly to the industry growth.The increasing demand for producing enhanced visualization & animation for enhanced user experience is supporting the 3D rendering market growth. 3D rendering consists of modeling, refining, and rendering of images that simulate professional and natural lightings. The technology is widely used for product design & customization that ensures enterprises to deliver innovative product experience. In addition, the use of 3D rendering software for animated movies and architectural visualization has increased drastically over the past few years.Request for a sample of this research report @ 3D rendering software segment is anticipated to grow at a CAGR of above 20% from 2020 to 2026. The growth is attributed to the availability of cost-effective and advanced software solutions offering robust animation, visualization, and modeling capabilities. The cloud-based 3D rendering software segment is expected to grow at a faster rate over the forecast timeline. The cloud-based software provides accelerated modeling and visualization remotely. In addition, the pay-per-use business model in cloud 3D rendering software offers cost effectiveness to several enterprises. Furthermore, the growing partnerships between cloud service providers and 3D rendering vendors are contributing to the adoption of cloud-based software solutions.
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