The global computer graphics market is currently valued at USD 208.5 million in 2023, with a projected growth rate of 8.3% throughout the forecast period. By 2033, it is anticipated to reach a significant milestone of USD 464.2 million.
Due to the soaring demand for computer graphics in the entertainment industry, market growth is anticipated to be significantly driven in the long run.
The computer graphics market size is also likely to be proliferated by the surging demand for 3D animations and 3D movies as it is a growing market for computer graphics.
Growth in the graphic software business, entertainment businesses along with the increasing use of smartphones are further expected to generate global market opportunities in the future.
Attributes | Details |
---|---|
Market Size Value in 2023 | USD 208.5 million |
Market Forecast Value in 2033 | USD 464.2 million |
Market Growth Rate (2023 to 2033) | 8.3% |
Segment | Component |
---|---|
Sub-segment | Application Software |
Value Share | 55.5% |
Segment | Application |
---|---|
Sub-segment | Computer Graphics for CAD |
Value Share | 34.3% |
As per the FMI study, the application software component was predicted to garner a value share of 55.5% on a global level in 2022.
Application software components stimulate market growth in computer graphics through their ability to enhance functionality, provide specialized tools, and cater to diverse industry needs.
By offering a wide range of features and capabilities, application software components enable users to create, edit, and manipulate graphics with greater ease and efficiency. This stimulates market growth by attracting more users and businesses to adopt computer graphics solutions.
Specialized tools within application software components enable professionals in filmmaking, advertising, architecture, and design. To leverage advanced techniques and achieve high-quality results, driving market growth as industries recognize the value of computer graphics.
Overall, the continuous development and innovation of application software components play a vital role in expanding the computer graphics industry and fueling its growth.
The impact of computer graphics for computer-aided design (CAD) on the computer graphics industry is substantial, contributing to its value share of 34.3% in 2022.
CAD relies heavily on computer graphics technology to create, visualize, and manipulate complex designs and models in various industries such as architecture, engineering, manufacturing, and construction.
The integration of computer graphics in CAD systems revolutionizes design by enabling efficient and accurate representation of 2D and 3D models. It empowers designers and engineers to visualize concepts, simulate real-world scenarios, and identify issues early, leading to cost reduction, increased productivity, and improved design quality.
The growing demand for CAD software and the increasing adoption of computer graphics for CAD applications directly contribute to the expansion of the computer graphics industry.
As more industries recognize the benefits of computer-aided design and its impact on productivity and innovation, the demand for computer graphics technologies and solutions continues to rise.
Due to the presence of several local manufacturing companies in nations like the United States of America and Canada, the North American region of the global market is anticipated to grow at a rapid pace over the projected period when compared to other regions, contributing to the region’s value share of 27.4% in 2022.
The market for computer graphics in the United States of America garnered a value share of 17.2% on a global level in 2022. Owing to the growing presence of key companies, including Walt Disney Animation Studios, Warner Bros Animation, and DreamWorks Animation.
The region serves as a center for vendors who produce computer graphics hardware components and applications software, including Adobe Systems Inc., Autodesk Inc., Siemens PLM Software, Microsoft Corporation, etc. Moreover, the significant growth of the computer graphics market in the region has been attributed to the existence of government programs that support the film entertainment industry in the market.
As per the FMI study, the market for computer graphics in Europe amassed a value share of 24.3% in 2022 as European industries, including gaming, media and entertainment, architecture, engineering, and manufacturing, are increasingly recognizing the value and potential of computer graphics.
During the forecast period, the computer graphics market in the United Kingdom is expected to grow at a compound annual growth rate of 6.5%. The rising presence of manufacturers of computer hardware components in this region has boosted market growth for computer graphics.
Germany market for computer graphics garnered a value share of 8.2% in 2022 globally on account of its thriving gaming and entertainment industry.
Technological advances in GPUs are expected to boost the growth of the market in the region. In addition, the growth of smart TVs and the surge in demand for video games are driving the growth and expansion of computer graphics in the market.
Through strategic partnerships, manufacturers can increase production and meet consumer demand, increasing both their revenues and market share. The introduction of new products and technologies allows end-users to reap the benefits of new technologies. Increasing the company's production capacity is one of the potential benefits of a strategic partnership.
Recent Developments in the Computer Graphics Market:
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 4: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 5: North America Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 6: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 7: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 8: Latin America Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 9: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 10: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 11: Europe Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 12: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 13: South Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: South Asia Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 15: South Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 16: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 17: East Asia Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 18: East Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 19: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 20: Oceania Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 21: Oceania Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 22: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 23: MEA Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 24: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Component, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Application, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 7: Global Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 8: Global Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 9: Global Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 10: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 11: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 13: Global Market Attractiveness by Component, 2023 to 2033
Figure 14: Global Market Attractiveness by Application, 2023 to 2033
Figure 15: Global Market Attractiveness by Region, 2023 to 2033
Figure 16: North America Market Value (US$ Million) by Component, 2023 to 2033
Figure 17: North America Market Value (US$ Million) by Application, 2023 to 2033
Figure 18: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 19: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 22: North America Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 23: North America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 24: North America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 25: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 26: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 27: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 28: North America Market Attractiveness by Component, 2023 to 2033
Figure 29: North America Market Attractiveness by Application, 2023 to 2033
Figure 30: North America Market Attractiveness by Country, 2023 to 2033
Figure 31: Latin America Market Value (US$ Million) by Component, 2023 to 2033
Figure 32: Latin America Market Value (US$ Million) by Application, 2023 to 2033
Figure 33: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 34: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 37: Latin America Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 38: Latin America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 40: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 41: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 42: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 43: Latin America Market Attractiveness by Component, 2023 to 2033
Figure 44: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 45: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 46: Europe Market Value (US$ Million) by Component, 2023 to 2033
Figure 47: Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 48: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 49: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 50: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 51: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 52: Europe Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 53: Europe Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 54: Europe Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 55: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 56: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 57: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 58: Europe Market Attractiveness by Component, 2023 to 2033
Figure 59: Europe Market Attractiveness by Application, 2023 to 2033
Figure 60: Europe Market Attractiveness by Country, 2023 to 2033
Figure 61: South Asia Market Value (US$ Million) by Component, 2023 to 2033
Figure 62: South Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 63: South Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 64: South Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 65: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 66: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 67: South Asia Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 68: South Asia Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 69: South Asia Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 70: South Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 71: South Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 72: South Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 73: South Asia Market Attractiveness by Component, 2023 to 2033
Figure 74: South Asia Market Attractiveness by Application, 2023 to 2033
Figure 75: South Asia Market Attractiveness by Country, 2023 to 2033
Figure 76: East Asia Market Value (US$ Million) by Component, 2023 to 2033
Figure 77: East Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 78: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 79: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 80: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 81: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 82: East Asia Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 83: East Asia Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 84: East Asia Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 85: East Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 86: East Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 87: East Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 88: East Asia Market Attractiveness by Component, 2023 to 2033
Figure 89: East Asia Market Attractiveness by Application, 2023 to 2033
Figure 90: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 91: Oceania Market Value (US$ Million) by Component, 2023 to 2033
Figure 92: Oceania Market Value (US$ Million) by Application, 2023 to 2033
Figure 93: Oceania Market Value (US$ Million) by Country, 2023 to 2033
Figure 94: Oceania Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 95: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 96: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 97: Oceania Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 98: Oceania Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 99: Oceania Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 100: Oceania Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 101: Oceania Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 102: Oceania Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 103: Oceania Market Attractiveness by Component, 2023 to 2033
Figure 104: Oceania Market Attractiveness by Application, 2023 to 2033
Figure 105: Oceania Market Attractiveness by Country, 2023 to 2033
Figure 106: MEA Market Value (US$ Million) by Component, 2023 to 2033
Figure 107: MEA Market Value (US$ Million) by Application, 2023 to 2033
Figure 108: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 109: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 110: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 111: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 112: MEA Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 113: MEA Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 114: MEA Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 115: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 116: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 117: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 118: MEA Market Attractiveness by Component, 2023 to 2033
Figure 119: MEA Market Attractiveness by Application, 2023 to 2033
Figure 120: MEA Market Attractiveness by Country, 2023 to 2033
Gaming and entertainment industries are the key consumers.
The global market is projecting a significant CAGR of 8.3% by 2033.
The market is estimated to secure a valuation of USD 208.5 million in 2023.
The market is estimated to reach USD 464.2 million by 2033.
The application software segment holds high revenue potential.
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