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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