Revenue for the Design, Editing and Rendering Software Publishing industry is expected to increase during the five years to 2014. During the period, two opposing forces have been at work while businesses' increasing demand for product lifecycle management and computer-aided design (CAD) software, which greatly accelerates the cost-analysis and production phase of product development, has driven growth. In 2014, industry revenue is expected to rise as businesses take advantage of improved profit and low interest rates to upgrade their design software. During the next five years, increasingly common yet sophisticated 3-D TVs and video game systems and low-cost 3-D printers will drive revenue growth.
This industry develops and distributes design, picture editing, video rendering and object rendering software. These types of software are widely used in the fields of graphic design, architecture, video game development, automotive manufacturing and aerospace. This industry does not publish software for editing textual documents (see IBISWorld report 51121a).
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.