The market for Computer Graphics is forecast to reach $40.25 billion by 2025, growing at a CAGR of 5.2% from 2020 to 2025. Changing user behaviour to modern applications with specific presets propels development in the Computer Graphics Market. Increasing demand in entertainment industry for computer graphics is a major factor anticipated to drive market growth. Computer graphics are used to create 3D animation and 3D movies which also boost computer graphics demand and are expected to boost market growth. Moreover, increasing demand for graphics software in business processes, increased usage of smartphones and increased use of internet websites are also expected to fuel global market growth of computer graphics in the future.
Increasing demand for computer graphics in the entertainment industry is a big factor expected to drive market growth. Computer graphics are used to create 3D animation and 3D movies that also boost the demand for computer graphics and are expected to stimulate market growth.
The advancement of the animation segment is also contributing to the growth of the entertainment and advertising industry, due to the growing need for attractive animated scenes in games and movies. Animation is one of the most valuable resources on the website.
The Entertainment & Advertisement segment is boosting computer graphics industry growth as animation is increasingly required for movies, games and ads.
North America is experiencing immense growth because, due to the presence of a large number of Visual Effects (VFX) firms, it is a hub for computer graphics design software and hardware components.
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By Geography – Segment Analysis
In terms of sales, North America accounts for the highest market share and is projected to retain its dominance throughout the forecast period , owing to the large local manufacturing industries in countries such as the US and Canada. The overall computer graphics market in North America grew with a share of more than X% during the forecast period.
Drivers – Computer Graphics market
Advancement in the Entertainment Industry
Increasing need for Graphics Software
Market Landscape: Computer Graphics driver market is expected to be dominated by major companies such as Adobe Inc., Advanced Micro Devices, Inc., Autodesk, Inc., Dassault Systemes SE, Intel Corporation, Microsoft Corporation, Nvidia Corporation, Siemens PLM Software, Sony Corporation and Mentor Graphics.
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