BANGALORE, India , Dec. 12, 2024 /PRNewswire/ — Visual Computing Market is Segmented by Type (On-premises, Cloud), by Application (Gaming, Media and Entertainment, Healthcare, Automotive, Manufacturing, Defense and Intelligence.
The Global Visual Computing Market is projected to grow from USD 16810 Million in 2024 to USD 43070 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 17.0% during the forecast period.
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Major Factors Driving the Growth of Visual Computing Market:
The visual computing market is experiencing robust growth, driven by rising demand across gaming, healthcare, and automotive sectors. Cloud-based and on-premises deployments cater to diverse needs, from real-time rendering to secure data management. Key applications like medical imaging, virtual reality, and architectural visualization highlight the market’s versatility.
Regional markets such as North America and Asia-Pacific lead in adoption, supported by technological advancements and government investments. As industries prioritize innovation, collaboration, and immersive experiences, the visual computing market continues to expand globally, addressing the needs of an increasingly digital economy.
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TRENDS INFLUENCING THE GROWTH OF THE VISUAL COMPUTING MARKET:
Cloud-based deployments are a major growth driver for the visual computing market, providing scalable and cost-effective solutions for businesses and individuals. Cloud-based platforms enable seamless access to high-performance computing resources, supporting applications such as graphic rendering, virtual reality (VR), and real-time simulations. These deployments eliminate the need for expensive hardware investments, making advanced visual computing capabilities accessible to smaller enterprises and creative professionals. Industries like media, entertainment, and architecture increasingly rely on cloud-based solutions for collaborative workflows, allowing teams to work remotely on high-quality visual projects. As demand for remote work and digital content creation rises, cloud-based deployments continue to expand their presence, driving the overall
