Admittedly, the term “3D industry” is a bit of a buzzword right now. 3D modeling, animation, printing, virtual reality… All of these areas have a lot of hype surrounding them. Computer-aided design (CAD) has been a steadily growing field since its genesis almost fifty years ago. So why all of the excitement now?
A booming industry
For starters, 3D productions have a lot of resources being funneled into them. The computer graphics software market value regularly values somewhere between 3 billion and 4 billion USD per year.
It should also come as no surprise that the production budgets for films using 3D graphics are skyrocketing — a trip to the movie theater is sure to astound with its use of cutting-edge 3D modeling and animation. Huge amounts of money have been poured into extremely profitable films utilizing this technology like Star Wars: The Force Awakens and Jurassic World.
3D animation is, simply put, extremely profitable. The video game industry is closely following this trend as well. The gaming industry in the United States alone is worth $18.4 billion dollars, according to statista.com. Games like Grand Theft Auto V and Call of Duty: Modern Warfare 2 both costed upwards of $100 million to produce, and 2014’s Destiny weighed in at a record-breaking $310 million.
New frontiers
Outside of entertainment, the applications of 3D design are diversifying. 3D printing, for example, has an ever-widening range of uses including prototyping and education. Architectural 3D modeling is becoming a staple part of the design process. Implementation of 3D models in the medical and scientific fields is also seeing increases year to year.
Growing excitement
Most recently, of course, has been the introduction of Virtual reality (VR) and altered reality (AR). The VR/AR market is projected to increase 2000% in the next three years alone! This market is expected to reach a size of a whopping 215 billion USD. Headlines and popular culture reflect this excitement — people everywhere are keen to tap into this new universe of possibility.
What does it mean for you?
The future of these 3D industries hold a lot of promise. As these fields expand and continue to wield substantial economic power, the technology surrounding them will rapidly develop. Collaboration and cloud platforms are on the cutting edge of this development. iMeshup is a pioneer in this regard; there is no other website that can let you import, edit, and share your 3D models with speed and ease. This means faster communication between artists and clients and within teams. This means faster entry into what is truly an exciting, cutting-edge market.
Want more news, info, and insight into the world of 3D? Read this post and more like it on iMeshup’s blog.
