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Computer Graphics Market By Component (Application, Hardware), By Application (CAD, Image Processing, Entertainment, User-Interfaces), By Industry Vertical (Automotive, Healthcare, Aerospace & Defense, Media & Entertainment, Manufacturing) - Growth, Future Prospects And Competitive Analysis, 2019 - 2027

Demand for Innovative Technology to Boost the Demand for Computer Graphics Market

The computer graphics market worldwide is set to expand with a CAGR of 7.0% over the estimation period from 2019 to 2027, starting from US$ 162.0 Bn in 2018. The demand for new and innovative technologies in the global Market is the most prominent aspect driving the computer graphics market. Furthermore, computer graphics are the visual representation of data displayed on the monitor or screen. Thus, they have enhanced the mode of communication between computers and users. Further, the increase in demand for digitalization in corporate and rising awareness towards benefits for the same shall back the demand in the Market. Thus, we estimate that the computer graphics market will show significant growth over the forecast period.

Market Synopsis

The hardware Segment will led the Market

In the previous year, the global computer graphics market was segmented into application and hardware sub-segments. Hardware enables one to pin the different computer graphics applications along with associated tools and technologies. In addition, hardware includes various critical components like graphic cards, processing units, storage, RAM, 3D scanners, etc. Backed by the expense of these critical components, the hardware sub-segment shall continue to lead the computer graphics market. Thus, we expect the hardware segment to dominate during the forecast period 2019-2027.

North America will led the Market

In 2018, North America led the computer graphics market. North America accounts for more than 2/5th of the market share in 2018. However, the Asia Pacific has its dominance due to being the largest manufacturing hub for smartphones, tablets, and other smart devices. Owing to the presence of various local and regional manufacturers and developers of software and hardware, the computer graphics market shall flourish in the Asia Pacific region. Further, outsourced work from North America shall back the growth of the computer graphics market in the emerging economies of India and China. As a result, we expect the Asia Pacific region to grow significantly throughout the forecast period.

Some of the prominent players operating in the computer graphics market are Microsoft Corporation, Intel Corporation, Advanced Micro Devices (AMD), Inc., ARM Ltd., Adobe Systems Ltd., Imagination Technologies Limited, Sony Corporation, Nvidia Corporation, Siemens PLM Software, Autodesk Inc. and Dassault Systèmes SA. among others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The computer graphics market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global computer graphics market based on type, application, component, and geography.

Frequently Asked Questions:

The market for Computer Graphics is expected to reach US$ 162.0 Bn in 2028.

The Computer Graphics market is expected to see significant CAGR growth over the coming years, at 7.0%.

The report is forecasted from 2019-2027.

The base year of this report is 2021.

Microsoft Corporation, Intel Corporation, Advanced Micro Devices (AMD), Inc., ARM Ltd., Adobe Systems Ltd., Imagination Technologies Limited, Sony Corporation, Nvidia Corporation, Siemens PLM Software, Autodesk Inc are some of the major players in the global market.

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Published Date:  Dec 2019
Category:  Technology & Media
Report ID:   60081
Report Format:   PDF
Pages:   120
Rating:    4.2 (60)
Delivery Time: 24 Hours to 48 Hours   
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