Companies in the design, editing and rendering software industry are increasingly innovating their products to improve technology, user friendliness and expand its user base. Areas of particular development are likely to be 3D modeling, 3D printing, language translation, virtual reality and pricy protection. For instance, in October 2016, Microsoft launched Paint 3D which would enable users to create 2D drawings to 3D objects at the touch of a button. The software can also turn photographs or real life objects into 3D drawings. Similarly, Simplify3D launched its recent version in October 2016. It will support five multiple languages including Japanese, French, Italian, Spanish, and German. With this, the company seeks to establish itself internationally and increase its global accessibility.
THE BUSINESS RESEARCH COMPANY EXPECTS THE DESIGN, EDITING AND RENDERING SOFTWARE MARKET TO GROW TO $40 BILLION BY 2021
North America was the largest region in the design, editing & rendering software market in 2017, accounting for two-fifth of the market share.
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According to The Business Research Company’s Consultant, Nitin Gianchandani, in order to reduce maintenance cost and penetrate into the middle class population, design, editing and software vendors are gradually shifting towards a subscription revenue model. According to Technavio Research, such a model is often priced at around one-fifth of the license fees of the software. Market players are adopting this to cater to companies working on single projects and small to medium sized companies helping them reduce their expenditure. For instance, in June 2016, Adobe launched the Adobe Creative Cloud which offers the entire collection of Adobe software products on users’ desktop. It follows an annual or monthly subscription model that can be accessed at any desktop, laptop or tablet.
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Dassault Systemes S.A. was the largest company in the design, editing and rendering software market in 2017, with revenues of $3.4 billion for the financial year 2016. It offers software application, 3D design, engineering, modeling, simulation, data management and process management services. Dassault Systemes’ growth strategy is to create products for its consumers through its 3DEXPERIENCE portfolio, which consists of 3D modeling, simulation, information intelligence, and social and collaborative applications. The company focuses on the needs of consumers in 12 target segments via sales channels and local presence.
The design, editing and rendering software market comprises establishments engaged in developing, marketing and distributing computer and mobile software used for design, photo editing, video editing, animation, graphic designing, industrial designing and object rendering.
Design, Editing And Rendering Software Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.
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