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Design, Editing & Rendering Software Global market Report 2021
The Business Research Company's Design, Editing & Rendering Software Global Market Report 2021: COVID-19 Impact And Recovery To 2030
LONDON, GREATER LONDON, UK, August 25, 2021 /EINPresswire.com / -- According to the new market research report 'Design, Editing & Rendering Software Global Market Report 2021: COVID-19 Impact And Recovery' published by The Business Research Company, the design, editing & rendering software market is expected to grow from $38.42 billion in 2020 to $39.73 billion in 2021 at a compound annual growth rate (CAGR) of 3.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $55.84 billion in 2025 at a CAGR of 9%. Continuous technological innovation and greater access to 3D enabled devices is driving the design, editing and rendering software products market.
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The design, editing and rendering software market consists of sales of design, editing and rendering software by entities (organizations, sole traders and partnerships) that develop, market and distribute computer and mobile software used for design, photo editing, video editing, animation, graphic designing, industrial designing and object rendering.
Trends In The Global Design, Editing & Rendering Software Market
Some design, editing and rendering software vendors are gradually shifting towards a subscription revenue mode to increase subscriber base. This model is often priced at around one-fifth of the license fees of the software. Companies in this industry are offering software products through subscription revenue model as entities working on single projects and small to medium sized companies to help them reduce their IT expenditure. For instance, 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.
Global Design, Editing & Rendering Software Market Segments:
The global design, editing & rendering software market is further segmented based on type, application and geography.
By Type: Engineering Design Software, Animation And VFX Design Software, Image/Video Editing And Graphic Design Software
By Application: Industrial Engineering, Games, Video, Others
Subsegments Covered: Computer-Aided Design, Electronic Design Automation Software, Media Animation And VFX Design Software, Entertainment Animation And VFX Design Software, Gaming Animation And VFX Design Software, Pixel-Based Image Editors, Vector-Based Image Editors
By Geography: The global design, editing & rendering software market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North American design, editing & rendering software market accounts for the largest share in the global design, editing & rendering software market.
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Design, Editing & Rendering Software Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides design, editing & rendering software market overviews, analyzes and forecasts market size and growth for the global design, editing & rendering software market, design, editing & rendering software market share, design, editing & rendering software market players, design, editing & rendering software market segments and geographies, design, editing & rendering software market's leading competitors' revenues, profiles and market shares. The design, editing & rendering software market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors' approaches.
Read Design, Editing & Rendering Software Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Design, Editing & Rendering Software Market Organizations Covered: Dassault Systemes SA, Adobe Systems, Synopsys Inc, Autodesk, Hexagon AB.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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Software Products Global Market Report 2021 - By Type (Operating Systems & Productivity Software Publishing, Database, Storage & Backup Software Publishing, Business Analytics & Enterprise Software, Video Game Software, Design, Editing & Rendering Software), By Application (Large Enterprises, Small And Medium Enterprises), By End-User Industry (BFSI, Media And Entertainment, IT And Telecommunications, Energy And Utilities, Government And Public Sector, Retail And Consumer Goods, Manufacturing), COVID-19 Impact And Recovery
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