The Future of the 3D and 4D Technology Market : Interesting Highlights and Emerging Vendors

 According to MarketsandMarkets, the 3D and 4D technology marketis projected to grow from USD 221.1 billion in 2020 to USD 465.0 billion by 2025, at a CAGR of 16.0 % from 2020 to 2025. Intensifying demand for 3D technology-based devices in consumer electronics is among the factors driving the growth of the 3D and 4D technology  market.

Based on solution type, the 3D and 4D imaging solutions segment is expected to register the highest CAGR during the forecast period. Growth in this market segment can be attributed to the rising demand for various 3D and 4D imaging solutions, including 3D and 4D modeling, 3D and 4D scanning, 3D and 4D rendering, and 3D and 4D image reconstruction, for machine vision applications across the entertainment, construction, and healthcare verticals. Additionally, the use of 3D imaging software in the automation industry is also expected to fuel the market growth during the forecast period.

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Based on the end-use application, the 3D and 4D gaming segment accounted for the largest share of the 3D and 4D technology market in 2019. Growth in this segment can be attributed to the increasing demand for advanced and flexible gaming consoles enabled with gesture and motion tracking features to enhance the overall gaming experience. The increasing number of online 3D gaming users is also expected to drive the growth of the market.

 

Based on vertical, the entertainment segment held the major share of the 3D and 4D technology market in 2019. Market growth can be attributed to the increased demand for 3D and 4D imaging solutions for developing enriched films and videos to offer realistic views and enhanced image quality. This has also led to an increase in the 3D content for advertising, gaming, animation, movies, and videos.

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