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.
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
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.
This
report also provides the existing competitive scenario of some of the key
players of the global computer graphics market which includes company profiling
of Microsoft corporation, Advanced Micro Devices
Inc., ARM Ltd., Intel Corporations, Imagination technologies ltd., Nvidia
Corporation, Sony Corporation, Adobe System Ltd, Siemens PLM Software, Autodesk
Inc. The profiling enfolds key information of the companies which
encompasses business overview, products and services, key financials and recent
news and developments. On the whole, the report depicts detailed overview of
the global computer graphics market that will help industry consultants,
equipment manufacturers, existing players searching for expansion
opportunities, new players searching possibilities and other stakeholders to
align their market centric strategies according to the ongoing and expected
trends in the future.
About Research
Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased, unparalleled
market insights and industry analysis to help industries, conglomerates and
executives to take wise decisions for their future marketing strategy,
expansion and investment etc. We believe every business can expand to its new
horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision so as to avoid future uncertainties.
Contact for more
Info:
Ajay
Daniel
U.S.
+1 646 586 9123
U.K.
+44 203 608 5919
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