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Visualizer Market Segmentation by Product Type (Portable, Desk, and Ceiling Visualizer); and by Application (Architectural and Visualization, Research and Training, Gaming, Marketing and Advertisement, and Others) – Global Demand Analysis and Opportunity Outlook 2030

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Extensive insights into the Growth of Visualizer Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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IN THE NEWS

  • June 2021: ELMO USA Corporation announced the release of MX-P3, the newest addition to the company’s range of ultra-portable document camera lineup, which is built-in with significant enhancements.

  • January 2021: Lumens Digital Optics Inc. showcased their latest camera Ladibug DC-F80, which is a two-in-one 4K solution that comes with an adjustable mechanical arm. The specialty of this camera is that it can also become a teaching webcam to interact with students.

Global Visualizer Market Highlights 2022-2030

The global visualizer market is estimated to grow with a moderate CAGR during the forecast period, i.e., 2022-2030. Globally, the demand for visualizers is anticipated to be driven by the rising spending to use interactive tools in classrooms and lecture halls, and increasing availability of visualizers in developed nations. In 2018, 51% organizations admitted to be have used interactive tools such as webcams and visualizers for research and training. Growing awareness about visualizers among consumers, rising demand of the product from tech enthusiasts, and increasing adoption of innovative presentation techniques by business and educational organizations are also expected to drive the growth of the market in the upcoming years. Along with this, escalating development of lightweight and portable visualizers is also assessed to benefit the progress of the market. Moreover, visualizer allows teachers and educators to effortlessly share 3D objects, books and experiments, which in turn is predicted to increase the usage of this product in the education sector.

visualizer market Graph

The market has been segmented based on product type into portable visualizer, desk visualizer, and ceiling visualizer. The portable visualizer segment is anticipated to grab the most significant share by the end of 2030, on account of better flexibility of portable visualizers, along with ease of working and enhanced productivity. Furthermore, on the basis of application, the architectural and visualization segment is projected to grow with a remarkable CAGR over the forecast period. The growth of the segment can be attributed to the increasing adoption of visualizers in the architectural sector to help visualize the planning and execution of projects to clients. CLICK TO DOWNLOAD SAMPLE REPORT

Major Macro-Economic Indicators Impacting the Market Growth

Research and Development Graph

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labour productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.

Global Visualizer Market Regional Synopsis

On the basis of geographical analysis, the global visualizer market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. The market in Asia Pacific is expected to grow significantly during the forecast period owing to the growing adoption of visualizers in many Asian countries, such as India, Singapore, and China. Along with this, the rise in use of animation and graphics solutions in various end-user industries such as construction & real estate, media & entertainment, and healthcare is also estimated to boost market growth in the region. The market in the North American is expected to hold the largest share over the forecast period, especially in the United States, ascribing to the presence of leading companies in the region. Moreover, increasing number of small and medium-sized enterprises, and growing demand for visualization techniques in real estate, construction and research sectors are also expected to drive market growth in the region. For instance, as of 2020, there were 31.7 million small and medium sized enterprises in the United States, accounting for 99.9 percent of the total businesses in the country.

Visualizer Market Share Graph

The global visualizer market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Market Segmentation

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

By Product Type

  • Portable Visualizer
  • Desk Visualizer
  • Ceiling Visualizer

By Application

  • Architectural and Visualization
  • Research and Training
  • Gaming
  • Marketing and Advertisement
  • Others

Growth Drivers

  • Increasing Need for Advanced Presentation and Decision-Making Platforms
  • Rising Demand for Architectural Planning Associated with Smart City Projects

Challenges

  • Higher Cost of Visualizer

Key Players Dominating the Market

  •  WolfVision GmbH
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • IPEVO Inc.
  • Kony Inc. (Temenos AG)
  • Hayamim Ava Sdn. Bhd.
  • Genee World Ltd.
  • Samsung Group
  • Optoma Europe Ltd.
  • Edu Assessment Pvt. Ltd.
  • ELMO EUROPE GmbH

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