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.
The 3D rendering service market is segmented into service type, end user, project type, and region. In terms of service type, the market is segmented into interior visualization, exterior visualization, modeling services, walkthrough & animation, and floor plan. As per end user, the market is categorized into architects, designers, engineering firms, and real estate companies. In terms of project type, the market is bifurcated into commercial project and residential projects. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the global 3D rendering service market analysis are RealSpace Vision Communication Inc., Mapsystems, Professional 3D Services, 3D Animation Services, Flatworld Solutions Pvt. Ltd., WinBizSolutions, Rayvat Rendering, XpressRendering, Tesla Outsourcing Services and CG Studio. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key benefits for stakeholders
Key market segments
By Service Type
By End User
By Project Type
By Region
Key MARKET PLAYERS
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.
The 3D rendering service market is segmented into service type, end user, project type, and region. In terms of service type, the market is segmented into interior visualization, exterior visualization, modeling services, walkthrough & animation, and floor plan. As per end user, the market is categorized into architects, designers, engineering firms, and real estate companies. In terms of project type, the market is bifurcated into commercial project and residential projects. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the global 3D rendering service market analysis are RealSpace Vision Communication Inc., Mapsystems, Professional 3D Services, 3D Animation Services, Flatworld Solutions Pvt. Ltd., WinBizSolutions, Rayvat Rendering, XpressRendering, Tesla Outsourcing Services and CG Studio. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key benefits for stakeholders
- The study provides an in-depth analysis of the global 3D rendering service market forecast along with the current & future trends to elucidate the imminent investment pockets.
- Information about key drivers, restrains, and opportunities and their impact analysis on the global 3D rendering service market size is provided in the report.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the market industry for the period 2018–2026 is provided to determine the market potential.
Key market segments
By Service Type
- Interior Visualization
- Exterior Visualization
- Modeling Services
- Walkthrough and Animation
- Floor Plan
By End User
- Architects
- Designers
- Engineering Firms
- Real Estate Companies
By Project Type
- Commercial Project
- Residential Projects
By Region
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Singapore
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key MARKET PLAYERS
- RealSpace Vision Communication Inc.
- Mapsystems
- Professional 3D Services
- 3D Animation Services
- Flatworld Solutions Pvt. Ltd.
- WinBizSolutions
- Rayvat Rendering
- XpressRendering
- Tesla Outsourcing Services
- CG Studio
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Global 3D Rendering Servicess Market By Type Of Services
Chapter 5: Global 3D Rendering Servicess Market By End User
Chapter 6: Global 3D Rendering Servicess Market By Project Type
Chapter 7: Global 3D Rendering Servicess Market By Region
Chapter 8: Company Profile
Executive Summary
According to the report titled, '3D Rendering Services Market by Service Type, End User, and Project Type: Global Opportunity Analysis and Industry Forecast, 2019-2026', 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 2026.3D rendering is the process of digitally creating or recreating a location or scene in three dimensions. It is a 2-dimensional representation of a computer wireframe model that has been given properties such as texture, color, and material. 3D rendering service allows visualizing the original design idea or future projects. Its primary goal is to deliver a 3D model of different projects to give a detailed overview of the construction to the clients. Numerous benefits associated with 3D rendering service, such as availability of software & infrastructure, cost-effective pricing, superior quality and superior technical resources, are the lucrative factors that boost the growth of the 3D Rendering Services Market.
By service type, the floor plan segment dominated the 3D Rendering Services Market in 2018 and is projected to maintain its dominance during the forecast period, owing to rise in providing a detailed overview of the construction by delivering valuable insights about convenience, space and functionality to the customers. Furthermore, the walkthrough and animation segment is expected to grow at a significant CAGR during the forecast period, owing to increase in adoption of these services in architectural industries for providing different uses such as sanctions, technical quest, presentation purposes, and others, to the customers.
The commercial projects are expected to garner significant global 3D Rendering Services Market share. The major factors driving the adoption of 3D rendering service in this sector include increase in adoption of 3D rendering service by the organizations for increasing the value of their products for the customer. However, the residential projects are expected to grow at the highest rate during the forecast period, owing to increase in real-time rendering for getting photorealistic results of the building and rise in demand by the customers to have a quality 3D image.
By region, the global 3D Rendering Services Market was dominated by North America in 2018 and is expected to maintain this trend during the forecast period. The major factor driving the growth of the market in this region include increase in the construction spending for non-residential buildings in this region.. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period, owing to rise of high definition 3D viewing experience and increase in demand from the construction and numerous other sectors.
Key Findings of the 3D Rendering Services Market:
Based on service type, the floor plan led the 3D Rendering Services Market size in terms of revenue in 2018.
By end user, the real estate companies accounted for the highest 3D rendering services market share in 2018.
Based on region, North America generated the highest revenue in 2018.
The key players profiled in the global 3D Rendering Services Market analysis are RealSpace Vision Communication Inc., Mapsystems, Professional 3D Services, 3D Animation Services, Flatworld Solutions Pvt. Ltd., WinBizSolutions, Rayvat Rendering, XpressRendering, Tesla Outsourcing Services, and CG Studio.
Companies Mentioned
- RealSpace Vision Communication Inc.
- Mapsystems
- Professional 3D Services
- 3D Animation Services
- Flatworld Solutions Pvt. Ltd.
- WinBizSolutions
- Rayvat Rendering
- XpressRendering
- Tesla Outsourcing Services and CG Studio.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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