Worldwide Spending on 3D Printing to Reach $23 Billion
Global spending on 3D printing (including hardware, materials, software, and services) will reach $23 billion in 2022, with a five-year compound annual growth rate (CAGR) of 18.4%. IDC also forecasts spending to exceed $14 billion in 2019 — that’s an increase of 23.2% over 2018.
3D Printing Revenue will Surpass $35 Billion in 2020
IDC forecasts global revenues for the 3D printing market to reach $35.4 billion in 2020. This is more than double the $15.9 billion in revenues forecast for 2016, and represents a compound annual growth rate (CAGR) of 24.1 percent over the 2015-2020 forecast period.
Worldwide 3D Printer Market will Reach $22.4 Billion in 2020
The traditional printer market has been turbulent during the last few years. However, the upside for 3D printing is a bright spot. Canalys predicts that the worldwide market for 3D printers, and associated materials and services will reach $4.9 billion by the end of 2016.
Source: Digital Lifescapes
Explore the Expanding Market for 3D Printing Technologies
Significant new opportunities have emerged with prototyping technologies, with 3D printing gaining momentum across various industries — from printing a mobile phone cover to reconstructing human organs. 3D printing is expected to increase its market share rapidly by about 40 percent during 2015.
Digital Production Color Print Market will Reach $5.4 Billion
Given the continued trend of a shift to online digital media, color printing technology may not be in vogue — but it’s still evolving. According to the latest market study by IDC, the worldwide digital production color print market continued its unabated growth of top-line shipment value in 2013.
The industry achieved record shipment values of $4.4 billion in 2013.
Total Revenue for 3D Printers will Exceed $1 Billion by 2018
Three-dimensional (3D) printers, with the ability to print a variety of objects, have evolved significantly and are currently used for industrial and consumer prototype design applications.
Consumer 3D printing is witnessing an increased visibility among the do-it-yourself DIY and other early-adopter communities.
Exploring the Mainstream User Applications for 3D Printers
Three-dimensional (3D) printers, with the ability to print a variety of objects, have evolved significantly over the past few years and are currently re-shaping the future for industrial and consumer applications.
New findings reveal that sales of consumer-grade 3D printers will exceed 1 million units by 2018, rising from just over an estimated 44,000 this year.
Print Media in the Digital Era – a $52 Billion Loss of Revenue
In 1991, in response to the question, “How did you get your news yesterday?” 56% of Americans answered, “from the newspaper”. This percentage has dropped to 33% today, while 39% cite the internet as their main source of news.
Print media’s global advertising revenue decreased by 40% between 2007 and 2012, which represents a loss of $52 billion in revenue.
A Perpetual Decline for the Consumer Magazine Sector
The devastating magazine sales slide of the last five years, and the prospect of continuing declines of equal proportions, has exposed the fundamental weaknesses of the newsstand channel and has called into question its very survival.
Here’s the 2007 to 2012 performance.
Units Sales: Down 44.9 percent to 513 million
Revenue: Down 38 percent to $2,010.6 million
Unit sales: Declining 11.2 percent annually
Revenue: Declining 9.1 percent annually
Legacy Tech Media Searches for a Viable Business Model
After shuttering its print publications earlier this year, UBM Tech has unveiled the first major elements of its new community- and events-driven strategy.
The shift in content mix requires a commensurate shift in editorial focus though (away from writing actual stories). While the edit staff has remained unchanged from a personnel standpoint, it’s taking on more of a moderator role.
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