Global 3D Rendering Services Market

Global 3D Rendering Services Market

According to this report, the global 3D Rendering Services market was valued at $8.56 billion in 2018, and is projected to reach $61.65 billion by 2026, growing at a CAGR of 28.10% from 2019 to 2026.To get more news about design rendering services, you can visit https://www.madpainter.net official website.

3D rendering is an integrated service that is used for graphical representation and advanced rendering. The solution is used for processing 3D pictures that are stored in the systems to draw realistic lighting, textures, shadow, colors, and others. 3D rendering has been used by different industry verticals such as media & entertainment, construction & real estate, energy & utility, education, and others. In addition, this service provides efficiency for building 3D models structures and maps, helps in reducing operational cost and real-time virtualization. 3D rendering services are employed to design and render construction projects, which include manufacturing facilities, building & homes, commercial spaces, and others. Furthermore, increase in construction & real estate for different commercial sectors across the globe drives the growth of the 3D rendering service market.

 

Increase in the need for virtualized and real-time experience in designing and planning the construction projects and surge in adoption of 3D rendering services for faster completion of construction projects drive the growth of the market. In addition, increase in demand for better resource management & faster decision-making capabilities and surge in need for real-time rendering fuels the growth of the market. Furthermore, dearth of imaging infrastructure and lack of skilled labors is expected to hinder the growth of the 3D rendering service market. Moreover, increase in the adoption of cloud-based 3D rendering service among the SMEs is anticipated to provide major opportunities for the market.