How Has the Artificial Intelligence AI Rendering Market Evolved Historically and What is its Current Size?
The artificial intelligence ai rendering market has seen considerable growth due to a variety of factors.
• In recent times, the market size of artificial intelligence (AI) rendering has seen a dramatic expansion. The AI rendering market size is projected to increase from $1.59 billion in 2024 to $2 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 25.7%.
The historical growth can be associated with several factors, including the blossoming of computer graphics in entertainment, the surge in use of AI for image processing, the buoyant entertainment sector, increased demand for lifelike visual effects, and the expansion of virtual production.
What is the Forecasted Market Size and CAGR for the Artificial Intelligence AI Rendering Market?
The artificial intelligence ai rendering market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are that the market size for artificial intelligence (AI) rendering will experience rapid expansion in the coming years, reaching a value of $4.94 billion by 2029 with a 25.3% compound annual growth rate (CAGR). Factors contributing to this surge during the projected period include an increase in popularity and preference for online gaming, a growing need for visually appealing content, a higher reliance on sophisticated rendering software, a rise in demand for real-time rendering, and an increased emphasis on customer interaction. Key trends during the forecast period consist of technological advancements, real-time rendering, cloud-based rendering services, AI integration, and augmented reality.
Which Factors Are Boosting Growth In The Artificial Intelligence AI Rendering Market?
The growth of the AI rendering market is predicted to be fuelled by the increasing fondness and inclination towards online gaming. In essence, online gaming involves playing video games via the internet, independently or with others, often in real-time and on different digital platforms. The online gaming boom is motivated by enhanced internet connectivity, the creation of refined gaming systems, and the growing incorporation of AI to amplify gaming experiences. The need for AI rendering in online gaming is to boost the quality and performance of real-time graphics, offering players an immersive and visually pleasing experience. For instance, the Department of Foreign Affairs and Trade, a governmental department based in Australia, reported in February 2022, that the digital games industry churned out a revenue of $226.5 million in 2021, which is a 22% increment as compared to 2020. The market is set to touch $294 billion by 2024. Hence, the escalating preference and popularity of online gaming are stimulating the growth of the AI rendering market.
What Are The Market Segments In The Artificial Intelligence AI Rendering Market?
The artificial intelligence (AI) rendering market covered in this report is segmented –
1) By Offering: Software, Services
2) By Deployment Mode: Cloud-Based, On-Premise
3) By Application: Architecture, Gaming, Visual Effects, Product Design, Advertising, Virtual Reality (VR), Augmented Reality (AR)
4) By End-User: Designers, Architects, Animators, Game Developers, Advertisers
Subsegments:
1) By Software: AI Rendering Software for 2D Graphics, AI Rendering Software for 3D Models, Real-time Rendering Solutions, Image Upscaling and Enhancement Tools, Animation Rendering Software
2) By Services: Consulting Services for AI Rendering Solutions, Custom AI Model Development Services, Integration and Implementation Services, Technical Support and Maintenance Services, Training and Education Services
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What Trends Are Shaping The Artificial Intelligence AI Rendering Market?
Key players in the AI rendering market are prioritizing the development of advanced technology, including 3D rendering and visualization software, in an effort to improve design processes and enrich user experiences. This kind of software enables the production of high-quality and realistic images or animations of environments or objects utilizing AI-driven algorithms. For example, Dimension 5 Techs, a tech firm hailing from Canada, rolled out D5 Render 2.7 in April 2024. This real-time rendering software, with a focus on architecture, is designed to enhance the workflow of architectural, landscape, and interior designers by maximizing the use of AI and procedural content generation (PCG). D5 Render 2.7 marks a significant advancement in real-time visualization, empowering designers to actualize their unique ideas with extraordinary ease, productivity, and realism. It sets a new precedent in the realm of architectural visualization with its state-of-the-art AI and PCG functionalities.
Who Are the Key Players In The Artificial Intelligence AI Rendering Market?
Major companies operating in the artificial intelligence (AI) rendering market are:
• Intel Corporation
• NVIDIA Corporation
• Adobe Inc.
• Autodesk Inc.
• Unity Technologies
• Epic Games Inc.
• Bentley Systems Incorporated
• Pixar Animation Studios
• SideFX Software
• SketchUp Inc.
• Chaos Group
• Blender Foundation
• Daz 3D Inc.
• Corona Renderer
• Renderosity
• OTOY Inc.
• cebas Visual Technology
• Artisto
• DeepArt
• Bunkspeed
• Lumion
• Anima
• Redshift Rendering Technologies
What Are The Regional Insights Into The Artificial Intelligence AI Rendering Market?
Asia-Pacific was the largest region in the artificial intelligence (AI) rendering market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) rendering market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
