3D Modelling Software Industry Market Size, Share, Growth, and Industry Growth by Type (3D Modeling, Motion Graphics, 3D Rendering, Visual Effects (VFX), and Others), By Application (Media and Entertainment, Construction and Architecture, Healthcare and Lifesciences, Manufacturing, Education and Academia, and Others), Regional Insights, and Forecast To 2031

Updated On: 08 April 2024

3D Modelling Software Industry Market REPORT OVERVIEW

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global 3d modelling software industry market size was USD 26216.33 million in 2021 and market is projected to touch 74179.43 Million by 2031, exhibiting a CAGR of 10.96% during the forecast period.

3D modeling is the process of creating a three-dimensional representation of an object or scene using specialized software. The resulting 3D model can be used for a variety of purposes, such as animation, visual effects, video game design, product design, architecture, and more. The process of 3D modeling typically involves the following steps; Conceptualization, Modeling, Texturing, Lighting, and Rendering.

There are many 3D modeling software options available, depending on your needs and skill level. When choosing a 3D modeling software, consider factors such as your budget, intended use, and level of experience. Here are a few popular choices such as Autodesk 3ds Max, Blender, Maya, ZBrush, SketchUp, Cinema 4D, Solidworks, Rhino and so much more.

COVID-19 Impact: PPE production Boosted Market Demand.

COVID-19 had a life changing impact globally. The global 3D modelling software market share was significantly affected. The virus had various impacts on different markets. Lockdowns were imposed in several nations. This erratic pandemic caused disruptions on all sorts of businesses. Restrictions tightened during the pandemic due to increasing number of cases. Numerous Industries were affected. However, the market for 3D modelling software experienced an increased demand.

The pandemic has caused supply chain disruptions, which has impacted the production of hardware and software components used in 3D modeling software. This has led to delays in the release of new software and updates to existing software. The pandemic has caused economic uncertainty, which has impacted the purchasing power of consumers and businesses. This has led to a decrease in demand for 3D modeling software and related product.

The pandemic has led to an increased demand for 3D printing, with many companies using the technology to produce medical supplies and personal protective equipment (PPE). This has led to an increased demand for 3D modeling software that can be used to create 3D-printable designs. The pandemic has led to a significant shift in consumer behavior towards online shopping. This has increased the demand for 3D modeling software that can be used to create virtual storefronts and product visualizations, allowing businesses to showcase their products online.

LATEST TRENDS

"Real Time Rendering to Benefit Market Prospects"

Real-time rendering allows designers to see the effects of their design changes instantly, without the need to wait for the rendering process to complete. This technology has been adopted by many 3D modeling software companies, including Autodesk and Unity. Many 3D modeling software companies are now incorporating AI and machine learning technologies into their products. This allows designers to automate repetitive tasks, such as object recognition and texture mapping, and helps them to create more realistic and accurate models.

Cloud-based collaboration tools have become increasingly popular in recent years, and many 3D modeling software companies have now adopted this technology. This allows designers to collaborate on projects in real-time, regardless of their location. Virtual and augmented reality technologies are becoming more prevalent in 3D modeling software, allowing designers to create immersive experiences for their clients. These developments will drive the global 3D modelling software market share.

3D Modelling Software Industry Market SEGMENTATION

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• By Type

Based on type, the market is divided into 3D Modeling, Motion Graphics, 3D Rendering, Visual Effects (VFX), and Others.

• By Application

Based on application, the market is bifurcated into Media and Entertainment, Construction and Architecture, Healthcare and Lifesciences, Manufacturing, Education and Academia, and Others.

DRIVING FACTORS

"Industry Demand to Boost Market Share"

3D modeling is used in a wide variety of industries, including entertainment, architecture, engineering, and product design. As these industries continue to grow, the demand for high-quality 3D modeling software increases. With the growth of online communities and social media, 3D modeling software has become more accessible and collaborative. Users can easily share their work with others and collaborate on projects, which has helped to further drive the popularity of 3D modeling.

"Technological Advancements to Boost Market size"

As computer hardware becomes more powerful and graphics technology improves, 3D modeling software can take advantage of these advancements to create more complex and realistic models. As virtual and augmented reality technologies become more prevalent, 3D modeling software is becoming increasingly important for creating immersive experiences. This has led to an increased demand for 3D modeling software that can create high-quality models optimized for these new technologies. These factors will drive the global 3D modelling software market size.

RESTRAINING FACTORS

"Complexity to Hamper Market Share"

3D modeling software can be difficult to use for beginners. The learning curve can be steep, and it can take a lot of time and practice to master the necessary skills. 3D modeling can be a complex and time-consuming process. The more complex the model, the more time it takes to create. This can be a limiting factor for artists who need to create a large number of models in a short amount of time. These factors will impediment the global 3D modelling software market size.

3D Modelling Software Industry Market REGIONAL INSIGHTS

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"Europe Dominates the 3D Modelling Software Market"

Europe is the major shareholder for the global 3D modelling software market share. This is owing to companies with significant market share in the industry and have developed some of the most widely used 3D modeling software, such as AutoCAD, SolidWorks, and NX. North America is the second major shareholder for the global 3D modelling software market share.

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.

List of Market Players Profiled

• Dassault Systèmes [France]
• Bentley Systems [U.S.]
• Pixologic [U.S.]
• CyberCity 3D Inc [U.S.]
• Trimble [U.S.]
• Flight Evolved [U.S.]
• MAXON Computers [Germany]
• Alphabet Inc. [U.S.]
• Adobe [U.S.]
• Airbus [France]
• Golden Software [U.S.]
• Onionlab [Spain]
• Topcon [Japan]
• Autodesk [U.S.]
• Intermap Technologies [U.S.]
• Esri [U.S.]
• Saab AB [Sweden]
• Pix4D [Switzerland]

REPORT COVERAGE

This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.