With the emergence of several new software in the category of design/modeling, data preparation, simulation and machine control (which includes slicing software), there is a wide range of opportunities arriving in the 3D printing industry to design and implement various 3D printed objects. The global 3D printing software and services market is estimated to register a CAGR of 25.2% between 2017 and 2021. This growth in the market is attributed to the increasing demand from various end use application verticals such as healthcare industry, consumer industry, automotive industry, fashion & aesthetics industry, aerospace & defense industry, education industry and architecture industry, among others. Manufacturers, designers, artisans and individuals are harnessing the cutting-edge technology of 3D printing and mass production to create objects for numerous applications. 3D printing companies have responded with a range of online 3D printing services that offer technologies catering to a wide range of uses. Their ultimate goal is to help the clients utilize the technology without investing substantial time and money into researching 3D design principals and 3D printing technologies for a particular business.
While most of the consumer 3D printers can be purchased for $1000 or less, the cost of commercial 3D printers that offer the precision and build quality that many businesses need, can be as high as thousands of dollars. Hence, the current trend that is trailing in the 3D printing industry is that many of the small businesses are opting for 3D printing services, wherein they upload the design they need, and get the 3D printed products constructed by a 3D printing service provider (that already has a 3D printer) at a substantially low cost. In other words, service bureaus that 3D print objects on demand provide a way for smaller companies to rapidly prototype without having to invest large sums up front. Currently, most of the companies are providing print on demand services for various applications like rapid prototyping, concept modeling, and the creation of custom parts. The consumer base in this category includes hobbyists, academic institutions, research institutions etc.
The report is a compilation of different segments of global 3D printing software and services market including market breakdown by software type, service type, service by material used, service by technology, service by application, service by end use industry and geographical location. It also includes sections on competitive insights and market dynamics. Herein, the revenue generated from software and services is tracked to calculate the market size. While highlighting the key driving and restraining forces for this market, the report also provides a comprehensive section of the application areas of the 3D printing software and services market. It also details the key participants involved in the industry.
The report answers the following questions about the global 3D printing software and services market: