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.
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.
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
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.
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.
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.
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.
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.
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
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.