Workstation Software Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI
Workstation Software Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI
Published by mark itwired
Posted on August 9, 2021
Rise in demand for high
computing applications from photography & editing sectors is expected to
propel the growth of workstation
software market. According to a new study by Future
Market Insights (FMI), the global workstation software market is estimated to
register a CAGR of 11.3% during the forecast period of 2021-2031.
Workstation software
is a high-end user application technology that includes financial modeling,
scientific, digital content creation, software engineering, and others.
Computer workstation enables dozens of different types of applications and
workloads to run and scale successfully. With workstation, it’s easy to deploy
multiple applications on single machine better serve increases in load.
Professional
photographers working in a studio, must need a software to organize, optimize,
and edit their digital photos. Photo-editing software has become incredibly
portable. The right setup won’t make a better photographer, but it will help a
photographer edit faster and spend more time behind the camera. According to
the study, media and publishing will remain chief end user. The application of
workstation software in the segment will rise at over 10% CAGR between 2021 and
2031.
While image and video
editing do not have requirement for animation or visual effects, it does scale
with resolution. Programs such as Photoshop and Lightroom deliver the best
performance when paired with generalist processors, multi-GPUs, high storage
RAMs, and multi-SSD configurations. Over the past few years, the demand for
high-end workstations has increased for professional photographers and image
and video editors, which has also increased the demand for professional
workstation photo editing software.
Key Takeaways: Workstation Software Market
Global workstation
software market will reach US$ 9.8 bn in valuation by 2021, driven by
increasing application across diverse sectors
Driven by presence of
leading market players, the U.S. will account for over 70% of North America
market for workstation software
Early adoption of the
latest technologies will enable the U.K. exhibit a little below 15% y-o-y
growth in 2021
Germany will remain
the dominant market in Europe, followed by France
Increasing adoption of
3D modelling and rendering software will drive growth in China and Japan
“The growing demand of
CAD and 3D modeling software for creating complex engineering designs and
simulations is expected to drive the growth of workstation software market
during the forecast period” says FMI Analyst.
COVID-19 Impact Analysis on Workstation
Software Market
Closure of physical
workspaces and transportation networks as a result of COVID-19 outbreak has
compelled many businesses and public bodies to adopt high tech computer
technologies. For some individuals, working from home is as simple as taking
their laptops home, but others may have specialized PCs and high configured
machines that are not as easy to transport back and forth between a home office
and workplace. As a result, over the past few months workstation manufacturers
and software vendors have witnessed the acceleration in sales and subscription
of workstations and development software’s.
Organizations have
started investing more into high tech computer technologies, as these system
allows employees to work remotely with all the required computing capabilities.
In terms of value, the workstation software market in South Asia & Pacific
is estimated to record the highest growth rate during the forecast period.
Increasing lockdown periods due to COVID-19 pandemic in the APAC countries are
estimated to motivate the IT companies to procure workstation and the
development software’s during the forecast period.
Higher Adoption of Workstation Applications in
SMEs
Industries are moving
towards a simpler and faster design preparation workflow. Small and mid-sized
organizations are running more demanding applications that have created the
need for workstations. This includes financial analysis, design, Computer Aided
Design (CAD), heavy video editing and graphics to name a few.
Workstations designed
to deliver maximum performance with its advanced user capabilities and under
heavy load applications are running parallel. The main role of workstations is
to deal with the heaviest of workloads in a variety of industries. Thus, small
and mid-sized businesses offer huge growth opportunities for both workstations
as well as workstation software vendors in the market.
More Valuable Insights on Workstation Software
Market
FMI’s report on the
workstation software market is segmented into three major sections such as
workstation software (3D modeling & rendering software, CAD, CAM and CAE
software, Virtual Reality (VR) software, image and video processing software,
others), end users (engineers, designers and architects, enterprise software
developers, gaming and entertainment, media and publishing, and others),and
region (North America, Latin America, Europe, East Asia, South Asia &
Pacific, Middle East & Africa) to help readers understand and lucrative
evaluate opportunities in the workstation software market.
Rise in demand for high computing applications from photography & editing sectors is expected to propel the growth of workstation software market. According to a new study by Future Market Insights (FMI), the global workstation software market is estimated to register a CAGR of 11.3% during the forecast period of 2021-2031.
Workstation software is a high-end user application technology that includes financial modeling, scientific, digital content creation, software engineering, and others. Computer workstation enables dozens of different types of applications and workloads to run and scale successfully. With workstation, it’s easy to deploy multiple applications on single machine better serve increases in load.
Professional photographers working in a studio, must need a software to organize, optimize, and edit their digital photos. Photo-editing software has become incredibly portable. The right setup won’t make a better photographer, but it will help a photographer edit faster and spend more time behind the camera. According to the study, media and publishing will remain chief end user. The application of workstation software in the segment will rise at over 10% CAGR between 2021 and 2031.
While image and video editing do not have requirement for animation or visual effects, it does scale with resolution. Programs such as Photoshop and Lightroom deliver the best performance when paired with generalist processors, multi-GPUs, high storage RAMs, and multi-SSD configurations. Over the past few years, the demand for high-end workstations has increased for professional photographers and image and video editors, which has also increased the demand for professional workstation photo editing software.
Key Takeaways: Workstation Software Market
Global workstation software market will reach US$ 9.8 bn in valuation by 2021, driven by increasing application across diverse sectors
Driven by presence of leading market players, the U.S. will account for over 70% of North America market for workstation software
Early adoption of the latest technologies will enable the U.K. exhibit a little below 15% y-o-y growth in 2021
Germany will remain the dominant market in Europe, followed by France
Increasing adoption of 3D modelling and rendering software will drive growth in China and Japan
“The growing demand of CAD and 3D modeling software for creating complex engineering designs and simulations is expected to drive the growth of workstation software market during the forecast period” says FMI Analyst.
COVID-19 Impact Analysis on Workstation Software Market
Closure of physical workspaces and transportation networks as a result of COVID-19 outbreak has compelled many businesses and public bodies to adopt high tech computer technologies. For some individuals, working from home is as simple as taking their laptops home, but others may have specialized PCs and high configured machines that are not as easy to transport back and forth between a home office and workplace. As a result, over the past few months workstation manufacturers and software vendors have witnessed the acceleration in sales and subscription of workstations and development software’s.
Organizations have started investing more into high tech computer technologies, as these system allows employees to work remotely with all the required computing capabilities. In terms of value, the workstation software market in South Asia & Pacific is estimated to record the highest growth rate during the forecast period. Increasing lockdown periods due to COVID-19 pandemic in the APAC countries are estimated to motivate the IT companies to procure workstation and the development software’s during the forecast period.
Higher Adoption of Workstation Applications in SMEs
Industries are moving towards a simpler and faster design preparation workflow. Small and mid-sized organizations are running more demanding applications that have created the need for workstations. This includes financial analysis, design, Computer Aided Design (CAD), heavy video editing and graphics to name a few.
Workstations designed to deliver maximum performance with its advanced user capabilities and under heavy load applications are running parallel. The main role of workstations is to deal with the heaviest of workloads in a variety of industries. Thus, small and mid-sized businesses offer huge growth opportunities for both workstations as well as workstation software vendors in the market.
More Valuable Insights on Workstation Software Market
FMI’s report on the workstation software market is segmented into three major sections such as workstation software (3D modeling & rendering software, CAD, CAM and CAE software, Virtual Reality (VR) software, image and video processing software, others), end users (engineers, designers and architects, enterprise software developers, gaming and entertainment, media and publishing, and others),and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa) to help readers understand and lucrative evaluate opportunities in the workstation software market.