The global 3D printing software and services market size was valued at USD 14.98 billion in 2021. It is expected to reach USD 82.12 billion by 2030, growing at a CAGR of 23.7% during the forecast period (2022–2030). North America is the most dominant in the global 3D printing software and services market during the forecast period.
The advances in the global 3D printing software and services sector are primarily responsible for the advancement of 3D printing technology. The 3D printing software and services industry includes a range of participants, including software developers, service providers, manufacturers of materials, and end-users. The most commonly used term to describe 3D printing in industrial settings is “additive manufacturing” (AM). Prototyping, designing the structure and end products, modeling, and speeding up the time it takes to bring new products to market are all advantages of 3D printing. As a result, production costs have been reduced significantly, allowing manufacturers to offer better products at lower prices.
North America is the most dominant in the global 3D printing software and services market during the forecast period. The most significant proportion of the market’s total revenue was generated in North America. Because of the widespread adoption of 3D printers in numerous industries for 3D designing, 3D modeling, and 3D manufacturing. Manufacturers in this region are being prompted to pursue technological improvements and adopt new technologies due to government funding and other encouraging initiatives currently being undertaken in this region.
Key Highlights
The global 3D printing software and services market was valued at USD 14.98 billion in 2021. It is expected to reach USD 101.59 million by 2030, growing at a CAGR of 23.7% during the forecast period (2022–2030).
It is anticipated that the functional models/functional prototyping/research models segment will constitute the most extensive application during the period, based on application.
Based on the software, the market for software that allows users to design in 3D is anticipated to represent the largest segment of the software market during the forecast period.
Based on the services, it is anticipated that the print-on-demand segment will represent the most significant portion of the services segment.
Based on the end-user industry, the aerospace sector is anticipated to be the end-use industry that will generate the most revenue.
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