Almost
everything on computer that is not text or sound is included in computer
graphics. Basically, computer graphics are visual representations of data
displayed on monitor and made on the computer. By using computer graphics one
can create group of images or image or video with help of computer and display
it on monitor (output device). Computer graphics have enhanced the medium of
communication between machines and humans. Computer graphics help to create,
store, operate various geometrical objects and there images. Apart from that,
computer graphic is sub part of “computer science”, in which we do study about
visual contact and synthesizing digitally.
Market Size & Forecast
Global
computer graphics market is expected to grow at a significant CAGR (compound
annual growth rate) of 6.1% over the forecast period 2017-2024. The global market of computer
graphics stood at a valuation about USD 131.6 Billion in 2016. Further, it is estimated that the global
market of computer graphics may witness a remarkable growth and reach at the
valuation of USD 215.5 Billion by the end of year 2024.
Geographically,
the global computer graphics market is segmented into five major regions is
North America, Asia Pacific, Europe, South America and Middle East &
Africa. North America region is driving the global computer graphics market
with the highest share more than 40%, in global market and it is anticipated to
grow at a steady CAGR (compound annual growth rate) during the forecast period
2027-2024.
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It has
been observed that the demand for new & advanced technologies has been
increased in developing economics such as China, India and others. This factor
has propelled the market of Asia Pacific region. Further, it is estimated that
the Asia Pacific region is likely to witness the highest CAGR (compound annual
growth rate) of 10.2% over the forecast year.
The market
of Europe and Middle East regions are anticipated to witness a steady growth
rate over the forecast period 2017-2024. It has been observed that the demand
for computer technologies has increased also in South America region and it is
expected to grow at remarkable CAGR during the forecast period 2017-2024.
Market Segmentation
Our-in
depth analysis of the global computer graphics market includes the following
segments:
By
Component
·
Application
Software
·
Hardware
By
Application
·
CAD
·
Image
Processing
·
Entertainment
(3D/ Animations/ Visual Effect)
·
User
Interfaces
·
Others
By Region
Global
computer graphics market is further classified on the basis of region as
follows:
·
North
America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity
Analysis
·
Latin
America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth &
Opportunity Analysis
·
Europe
(U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands &
Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity
Analysis
·
Asia-Pacific
(China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market
size, Y-O-Y growth & Opportunity Analysis.
·
Middle
East and Africa (GCC, North Africa, South Africa and Rest of Middle East)
Market size, Y-O-Y growth & Opportunity Analysis.
Growth Drivers & Challenges
Media
& Entertainment industries are the key elements which are propelling the
growth of global computer graphics
market. With the help of computer graphics, an individual person
can even understand those things with different perspectives which are not
possible to understand by visualization. These positive factors have developed
interest among the consumers towards computer graphics. Remarkable demand for
computer graphics software in associated sectors such as fashion designing,
construction and other manufacturing company is anticipated to grow during
forecast period.
The
installation of new computer based technologies in different sectors such as
automotive, aerospace and architectural industries have fueled the growth of
global computer graphics market. Growing web demand for computer graphics in
business sectors has given boost to the market along with increasing demands
for smart mobile penetration. Demand for graphics software in business sectors
and booming entertainment industries are the key elements which are driving the
computer graphics market.
Apart from
that, the factors such as recession and inflation are major restraint factors
affecting the global market of computer graphics directly. Moreover, these factors
reduce the sales of smart phones and computer and its accessories.
However,
the need of hardware change due to constant up gradation to 3D computer
graphics software has caused extra cost to the manufacturers of computer
graphics.
Key Players
·
Advanced
Micro Devices Inc.
o Company Overview
o Key Product Offerings
o Business Strategy
o SWOT Analysis
o Financials
·
ARM
Ltd.
·
Intel
Corporations
·
Imagination
technologies ltd.
·
Nvidia
Corporation
·
Sony
Corporation
·
Adobe
System Ltd
·
Siemens
PLM Software
·
Autodesk
Inc.
·
Microsoft
corporation
·
Dassualt
Systemes
Scope and
Context
Overview
of the Parent Market
Analyst
View
Segmentation
The global
computer graphics market is segmented as follows:
·
By
Component Market Size & Y-O-Y Growth Analysis
·
By
Application Market Size & Y-O-Y Growth Analysis
·
By
Region Market Size & Y-O-Y Growth Analysis
Market
Dynamics
Supply
& Demand Risk
Competitive
Landscape
Porter’s
Five Force Model
Geographical
Economic Activity
Key
Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent
Trends and Developments
Industry
Growth Drivers and Challenges
Key
Information for Players to establish themselves in current dynamic environment
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