According to a new report, published by KBV research, The Global 3D Digital Asset Market size is expected to reach $65.1 billion by 2031, rising at a market growth of 12.8% CAGR during the forecast period.
The Visualization segment generated the highest revenue in the Global 3D Digital Asset Market by Application in 2023; thereby, achieving a market value of $14.4 Billion by 2031. The segment is driven by its widespread use across industries such as architecture, real estate, healthcare, and product design, where detailed and realistic representations are critical.
The On-Premise segment is registering a CAGR of 11.9 % during the forecast period. This is largely due to industries that require extensive control, customization, and security over their 3D assets, such as gaming, film production, and large-scale manufacturing.
The Software segment led the Global 3D Digital Asset Market by Component in 2023; thereby, achieving a market value of $32 Billion by 2031. This dominance is attributed to 3D modeling, animation, and rendering software's critical role in the gaming, film, architecture, and manufacturing industries.
The Architecture & Construction segment is growing at a CAGR of 10.7 % during the forecast period. 3D digital assets in this industry have become indispensable for creating detailed architectural models, visualizing building designs, and conducting virtual walkthroughs for clients. Architects and construction firms rely on 3D models to improve design accuracy, streamline project planning, and communicate complex ideas to stakeholders.
Full Report: https://www.kbvresearch.com/3d-digital-asset-market/
The North America segment dominated the Global 3D Digital Asset Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $24,066.1 million by 2031. The Europe segment is anticipated to grow at a CAGR of 12.4% during (2024 - 2031). Additionally, The Asia Pacific segment would witness a CAGR of 13.7% during (2024 - 2031).
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By Deployment Model
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