The global computer graphics market is set to experience significant growth. It’s predicted to make over US$ 208.5 million in revenue by 2023 and is expected to reach an impressive US$ 464.2 million by 2033. This growth will happen steadily, with an average yearly increase of 8.3% over the forecast period.
Because the entertainment industry really wants more and more computer graphics, we think the computer graphics market will keep growing for a while.
Request for a Sample of this Research Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-14523
What does the future look like for the computer graphics industry?
As more industries rely heavily on computers, there are many opportunities for computer graphics experts in the coming years. The field is growing thanks to advancements in computer programming and the increasing use of computer graphics in various applications.
The future looks exciting, with 3D printing and augmented reality expected to bring about big changes in graphic design. The rising popularity of 3D printing means that designers will need to keep up with the latest trends and work faster to meet the growing demand.
Whether it’s interactive or non-interactive computer graphics, both have been steadily growing in recent years, and this trend is expected to continue into the future.
More and more, businesses in areas like advertising, online shopping, and digital media are looking for really good pictures and videos. This is creating a good opportunity for companies that make computer graphics.
Recent Developments in the Computer Graphics Market:
In January 2021, Qualcomm Technologies, Inc. agreed to buy NUVIA for about US$ 1.4 billion. This deal, which still needs regulatory approval, will help Qualcomm enhance its Snapdragon technology, making it much better in terms of CPU performance and energy efficiency, especially for the 5G era.
In February 2022, AMD acquired Xilinx in a stock-based deal that they had announced back in October 2020. This move made AMD a major player in high-performance and adaptive computing, giving it a strong position in various technology products. They anticipate this acquisition will boost their financial performance in the first year. Overall, this deal allowed AMD to combine forces with Xilinx to become a leading company in high-performance computing.
In March 2022, Intel introduced Intel Arc, a new graphics technology to compete with Nvidia and AMD. They released a video previewing the first graphics card in the series, which came out in 2022. These graphics cards are making gaming on thin laptops and desktop computers more powerful.
