[213 Pages Report] MarketsandMarkets forecasts the Computer Graphics Market to grow from $23.33 billion in 2014 to $32.68 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 6.97% during the forecast period.

Objects that can be represented in the form of images or visuals are known as graphics. Often graphics are misinterpreted with texts or sound that comprises of letters and numbers, rather than images. Computer graphics are majorly images that are displayed on-screen as well as creation and manipulation of graphics by computer. These images are either 2-dimensional or 3-dimensional. Earlier computers were only capable of creating 2 dimensional images as technology was not so advanced. Today, innovations and technological advancements are driving the Computer Graphics Market. Basic requirement is a personal computer or desktop and besides that, new as well as special software and devices are needed for these graphics.

As users realize the benefits associated with upcoming 3D software, many industries started using these graphics to promote their brand and products. Also, industrial sectors such as manufacturing, automobile, and aerospace & defense adopted and implemented high-end software into their systems in order to design products and their ancillaries with more efficiency. While industries look forward to better prices and multiple options in software of graphics, leading software developers are creating software with variable options like creating 3D objects, editing and etc.

MarketsandMarkets believes that the changing user behavior towards the new software with various presets is propelling the growth in the Computer Graphics Market. Though the adoption of these graphics was initially gradual, due to concerns about cost, trained labor, and high configuration requirements - these solutions are now witnessing wide acceptance across various verticals. The convenience of flexible and the seamless support for creating characters and objects in high definition are expected to bring more demand for these solutions. To serve an audience with different and more realistic three dimensional visuals, the solution providers and their industry partners are addressing the installation challenges by making software and support tools that adhere to the compliance standards. The consolidation of new and advanced software within the existing systems will improve workforce productivity and enhance the ability to produce more realistic three dimensional images with minute details.

The market research is a comprehensive study of the global Computer Graphics Market. The report forecasts the revenues and trends in the market into the following sub-markets:

On the basis of software:



CAD/CAM

Visualization / Simulation

Digital Video

Imaging

Modeling / Animation

Others

On the basis of services:

Consulting

Integration

Training and Support

On the basis of end-users:



Small and Medium Businesses (SMBs)

Enterprises

On the basis of verticals



Aerospace and defense

Automobile

Entertainment and Advertising

Academia and Education

Healthcare

Manufacturing

Architecture, Building and Construction

Others

On the basis of regions



North America (NA)

Europe (EU)

Asia-Pacific (APAC)

Latin America (LA)

Middle East (MEA)

The Computer Graphics Market is gaining traction as it addresses the needs of many industry verticals. This diverse technology, can be utilized in numerous fields such as designing, entertainment, manufacturing, aerospace and defense, healthcare and etc. Diversity of the graphics software are enhancing the capabilities of firms to complete their respective task of creating and designing spectacular 3D objects and machines. These software are very efficient in providing every single minute detail. Earlier adoption of these graphics was limited as quality of visualization was very low and cost was apparently one of the major concerns. Eventually, with evolution of technology, such as CAD/CAM software, 3D visualization, and 3D displays - the adoption of rate has increased evidently.

Today, computer graphics are becoming relevant as they help in improving the overall productivity. This is done by getting more realistic 3D images of objects or products right from the initial phase. Engineers and graphics designers are able to understand better where they are lacking and what necessary changes are to be made. These graphics have a wide portfolio of applications, other than the entertainment industry. It is also contributing to the manufacturing and automobile industry via modeling, animation and visualization. Also it is contributing majorly in aerospace and defense industry via its usage in simulation. Recent growth in real estate sector as well as healthcare sector where doctors are taking help of new advanced software that can help in understanding the health issues properly via 3D imaging and animation are propelling the Computer Graphics Market.

Computer graphics have emerged along with software which they reinforce with advent new technologies graphics providers are coming out with new updates of software and also new software that are helping each and every industry verticals. With the help of software - dummy parts are being made in automobile industry, manufacturing industry, and other ancillary parts related industry. Computer graphics software today is majorly implemented in education institutes where machine designing and engineering design is the part of curriculum. With the help of CAD/CAM software students are able to design and create new objects with perfect details that are very helpful for their future endeavors. With development in traditional software like CAD/CAM over the time with new design approaches and increase in usage of visualization software, the market is growing steadily. Few years down the line, the adoption rate is expected to increase within every industry vertical.

MarketsandMarkets expects an increasing adoption of computer graphics software solutions across the globe for better overall efficiency. The uptake of these solutions is increasing rapidly, as organizations are now focusing on quality of product they wish to offer to their customers. The software solutions available in this industry are expected to gain attention of the users with time, as the features are giving quit realistic approach to the end-users.

MarketsandMarkets forecasts the Computer Graphics Market to grow from $23.33 billion in 2014 to $32.68 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 6.97% during the forecast period. The table given below highlights the overall size of the market which equals the sum of revenues from �software� and �services.�

Computer Graphics Market Size, by Solution, 2014-2019 ($ Billion)

Source: MarketsandMarkets Analysis