UK 3D Rendering Services Market Overview:
The UK 3D rendering services market was valued at $955 million in 2017 and is expected to garner at $6,998 million by 2025 growing at a CAGR of 25.1% from 2018 to 2025. The 3D rendering and architectural visualization services are being used by architects for evaluating both proportions and scales through intuitive interactive 3D modelling. The walkthrough and animation segment dominated the overall market in 2016, and is expected to continue this trend in the near future, owing to growth in importance of 3D walkthrough and animation for the homebuyers to have a detailed idea about the plan of their building and rise in adoption of this service among constructing firms to verify the proposed design as per the expectation of the clients.
The real estate companies dominated the overall market in 2016. However, the designer segment is expected to grow at a highest CAGR during the forecast period, due to rise in adoption of just in time marketing, which has been recorded in different parts of the UK.
Segment Review
The UK 3D rendering services market is segmented into type and end user. Based on type, the market is divided into interior visualization, exterior visualization, and walkthrough & animation. Based on end user, it is categorized into architects, designers, and real estate companies.
The key players operating in the UK 3D rendering services market include Redhound Studios Ltd., F10 Studios Ltd., Blackpoint Design, Jarvis Design, David Hier Render Studio, VisEngine Digital Solutions, XS CAD Limited, 3D Power, Archi-Vista, and Atelier York.
Top Impacting Factors
Immense growth of construction & real estate industry in the UK, increased utilization of 3D rendering visualization for marketing activities, significant growth in implementation of smart cities in the UK and faster adoption of building information modelling (BIM) technology among the architects in the construction industry majorly drive the market. However, lack of infrastructure is expected to hamper the market growth during the forecast period.
Key Benefits
- This study includes the analytical depiction of the UK 3D rendering services market along with current trends and future estimations to determine the imminent investment pockets.
- The current market is quantitatively analyzed from 2016 to 2023 to highlight the financial competency of the industry.
UK 3D Rendering Services Market Key Segments:
By Type
- Interior Visualization
- Exterior Visualization
- Walkthrough and Animation
By End User
- Architect
- Designer
- Real Estate Company
Key Market Players
- Redhound Studios Ltd.
- F10 Studios Ltd.
- Blackpoint Design
- Jarvis Design
- David Hier Render Studio
- VisEngine Digital Solutions
- XS CAD Limited
- 3D Power
- Archi-Vista
- Atelier York.
UK 3D Rendering Services Market Report Highlights
Aspects | Details |
By TYPE |
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By END USER |
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By Region |
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Key Market Players | 3D Power, Atelier York., XS CAD Limited, F10 Studios Ltd., David Hier Render Studio, Jarvis Design, Archi-Vista, Blackpoint Design, VisEngine Digital Solutions, Redhound Studios Ltd. |
Analyst Review
Immense growth of the construction & real estate industry in the recent years provides a significant growth potential for the 3D rendering services market. For instance, England is estimated to hold 210,000 extra households per year between 2014 and 2039. In addition, this population trend is expected to create the need to replace old homes and generate a demand for residential sector. The increase in construction of houses as well as industrial buildings in the UK need 3D rendering and visualization services for the execution of their project plans, which is opportunistic for the market.
Furthermore, factors such as urbanization, reduction of city emissions, better management of resource consumption, and others boost the growth of the smart cities in the UK. Also, government has been playing an important role in smart cities as UK government granted funding for testing smart projects and promotion of smart related initiatives, which catalyzed many cities to develop smart city initiatives. Ongoing progress of smart cities in the UK majorly fuels the growth of the 3D rendering services market.
Some of the key players profiled in the report include Redhound Studios Ltd., F10 Studios Ltd., Blackpoint Design, Jarvis Design, David Hier Render Studio, VisEngine Digital Solutions, XS CAD Limited, 3D Power, Archi-Vista, and Atelier York.
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