Computer Graphics Market Size & Share, by Component (Hardware, Application Software); Application (CAD/CAM, Visualization, Digital Video, Imaging, Modeling/Animation); Service (Integration, Consulting, Training & Support); End-user (Entertainment & Advertising, Aerospace & Defense, Automotive, Education, Healthcare, Manufacturing, Architecture, Construction) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 354
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2033

Computer Graphics Market size is poised to cross USD 90 Billion by the end of 2033, growing at a CAGR of 10% during the forecast period, i.e., 2023-2033. In the year 2022, the industry size of computer graphics was over USD 30 Billion. The growth of the market is primarily attributed to the globally rising use of computer-based new technologies such as artificial intelligence (AI), RPA, machine learning, and advancements in digital technologies. For instance, in the next 3 years, globally around 48% of enterprises intend to use AI.

Almost everything on a computer that is not text or sound is included in computer graphics. Computer graphics are visual representations of data displayed on the monitor and made on the computer. With the use of a computer and computer graphics, it is possible to create collections of photographs and films and display them on a monitor (output device). Computer graphics market have enhanced the medium of communication between machines and humans. Over the past couple of decades, computer graphics have progressively attracted a lot of attention. Additionally, over the past ten years, advancements in the computer graphics industry have been pushed by changing consumer preferences and an increase in demand for a better graphic depiction of characters, objects, etc. in motion pictures, animated films, and other media. The increasing ratio of online video content is fueling the growth of the computer graphics market over the forecast period.  For instance, by the end of 2022, nearly 80% of all online content is projected to be video content.


Computer-Graphics-Market
Get more information on this report: Request Free Sample PDF


Computer Graphics Market: Key Insights

Base Year

2022

Forecast Year

2023-2033

CAGR

10%

Base Year Market Size (2022)

USD 30 Billion

Forecast Year Market Size (2033)

USD 90 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
Get more information on this report: Request Free Sample PDF

Computer Graphics Sector: Growth Drivers and Challenges

Market-Growth-Drivers

Growth Drivers

  • Upsurge in Internet Usage – With changing time scenarios, the usage of the internet is growing so fast. The widespread use of the internet is now regarded as routine in many developed economies. It permeates daily life and social interactions as well as politics and culture. A notable penetration of the internet has been observed in emerging economies as well, which is leading up the demand for computer graphics to the next level. According to the World Bank report, number of internet users touched 60% of the world’s population in 2020.  
  • Escalating Use of 3D Printing in Businesses – For instance, the proportion of businesses using 3D printing for bridge production has increased dramatically, rising from 36% in 2019 to 58% in 2021. Finally, more than 6 out of 10 companies are now using 3D printing for manufacturing components.
  • Worldwide Proliferation in Gaming Industry – For instance, the gaming industry is estimated to be nearly USD 205 billion worth by 2022.
  • Escalation in OTT Platforms Viewership – It is observed that the number of people that are expected to engage with OTT service providers by the end of 2022 is estimated to be nearly 196 million.
  • Spiking Boost in Social Media Use - In July 2022, the number of social media users worldwide reached around 4.75 billion, accounting for 60% of the total global population.

Challenges

  • Increasing Cost of Advanced Innovation in Visual Effects - Visual effects are an expensive component of filmmaking owing to the necessary electronics and the labor put in by artists. If the overall budget is USD 1,000 per minute, overall VFX costs are going to be between USD 20,000 and USD 5,000 per minute. The artists' annual wages consume the majority of the budget.
  • Condition of Hardware Change as of Constant Upgradation
  • Concerned Effects of Recession and Inflation


Computer Graphics Segmentation

End-user (Entertainment & Advertising, Aerospace & Defense, Automotive, Education, Healthcare, Manufacturing, Architecture, Construction)

The global computer graphics market is segmented and analyzed for demand and supply by end-user into entertainment & advertising, aerospace & defense, automotive, education, healthcare, manufacturing, architecture, construction, and others. Out of these, the entertainment & advertising segment is estimated to garner the largest share of the computer graphics market over the forecast period on the back of a massively increasing ratio of animated films and series, a growing trend of visual effects in sci-fi movies, a surge in online gaming and e-sports. For instance, the worldwide entertainment and media sector is estimated to mint a revenue of around USD 2.4 trillion by the end of 2022. Whereas, the worldwide cinema alone, is projected to garner revenue of approximately USD 45 billion in 2023.

Our in-depth analysis of the global computer graphics market includes the following segments:

       By Component

  • Hardware
  • Application Software

       By Application

  • CAD/CAM
  • Visualization
  • Digital Video
  • Imaging
  • Modeling/Animation
  • Others

      By Service

  • Integration
  • Consulting
  • Training & Support

 

       By End-User

  • Entertainment & Advertising
  • Aerospace & Defense
  • Automotive
  • Education
  • Healthcare
  • Manufacturing
  • Architecture
  • Construction
  • Others

Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.

Customize this Report

Computer Graphics Industry - Regional Synopsis

North America Market Forecast

The North America computer graphics market, amongst the market in all the other regions, is projected to hold the largest computer graphics market share by the end of 2033 backed by technological advancements, the presence of numerous visual effects (VFX) companies, increasing popularity of e-sports, surging internet usage, and massively increasing online gaming sector in the region. For instance, in the United States, revenue from online games is expected to reach around USD 4.95 billion by 2022., and the user ratio is estimated to grow to nearly 77.5 million by 2027.

Research Nester
Computer-Graphics-Market-Size
Get more information on this report: Request Free Sample PDF

Companies Dominating the Computer Graphics Market

top-features-companies
    • Intel Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Adobe Inc.
    • Advanced Micro Devices, Inc.
    • Arm Limited
    • Sony Corporation
    • Imagination Technologies Limited
    • Autodesk Inc.
    • Microsoft Corporation
    • NVIDIA Corporation
    • Dassault Systèmes S.A.

In-the-news

In The News

  • Adobe Inc. released Photoshop Elements 2023 and Premiere Elements 2023, which feature new easy-to-use AI-powered features and enhanced animation features. Adobe Sensei AI-driven features have been integrated into the new releases, enabling intuitive, streamlined editing and offering step-by-step guided editing.

  • Intel Corporation has introduced Intel Arc A-series graphics for laptops. The Intel Arc 3 graphics-equipped laptops offer enhanced 1080p gaming, and the Arc 5 and 7 graphics-equipped laptops are anticipated to deliver enhanced graphics performance and cutting-edge content creation.


Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 354
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Upsurge in internet usage, escalating use of 3d printing in businesses, worldwide proliferation in gaming industry, and escalation in OTT platforms viewership are some major factors driving the growth of the market.

The market is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2023-2033.

Condition of hardware change as of constant upgradation, increasing cost of advanced innovation in visual effects, and concerned effects of recession and inflation are estimated to hamper the market growth.

The market in North America is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Intel Corporation, Adobe Inc., Advanced Micro Devices, Inc., Arm Limited, Sony Corporation, Imagination Technologies Limited, Autodesk Inc., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by component, application, service, end-user, and by region.

The entertainment & advertising segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
Computer Graphics Market Report Scope
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying