![]() The automotive sector uses 3D modeling to save costs and time associated with the production of vehicle components. These factors are expected to support the growing usage of 3D models in game development.Īccording to the report, the 3D rendering market value from the automotive end-user segment was worth over USD 300 million in 2021. Animation services enable developers to design the in-game physics along with character design and object scaling. The technology helps game developers in building worlds by creating realistic on-screen locations. The growing demand for realistic video games has increased the adoption of 3D modeling for game development. The industry value from the animation application segment is anticipated to record around 25% CAGR through 2030. 3D renders also have the versatility and flexibility to address various visual issues. Additionally, 3D rendering enables complete control over indoor and outdoor lighting. On-premise 3D rendering software allows enterprises to acquire real-time feedback and create value in decision-making to maximize profits. The on-premise software component segment held approximately 70% of the 3D rendering market share in 2021. ![]() ![]() Request for a sample of this research report Moreover, pirated software negatively impacts the overall profitability of software developers, in turn hindering industry growth. Using pirated software endangers personal data, and may cause a system failure. According to a survey from Panda Security, close to 37% of software installed on personal computers is pirated software. Pirated software is being increasingly used to access powerful 3D rendering programs that are otherwise expensive. The growing threats associated with pirated rendering software may inhibit 3D rendering market growth to a certain extent. Some features enable creators to adjust materials, textures, and lighting to make the environment more realistic. 3D rendering programs have facilitated 3D model importing into the real environment. Filmmakers can create three-dimensional realistic environments using modeling software. The increasing adoption of 3D modeling technology by the entertainment industry is a key factor fueling 3D rendering technology use. The 3D rendering market valuation is estimated to cross USD 20 billion by 2030, as reported in a research study by Global Market Insights Inc.
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