Jon Peddie Research Says the CG market Will Exceed $150 Billion in 2013

TIBURON, Calif., July 20 /PRNewswire/ -- The computer graphics industry has been a growth industry since it was established in the late 1970s. Weathering the storms of the recession of 2009, the CG industry is back on track and showing new, invigorated vitality and potential.

The computer graphics hardware market was worth $59 billion in 2009 and should exceed $63 billion in 2010.

In 2009 the CG software market was worth $11 billion (not counting services, maintenance and other aspects) and should grow to $11.6 billion in 2010 as the industry shakes off the remaining effects of the recession and starts replacing software tools.

Figure 1: Computer Graphics Hardware Market: http://www.ereleases.com/pic/2010-Hardware-Market-Chart.jpg

As a result of the pullback due to the recession, more people will be buying computer graphics software programs and we will see the development of traditional segments like CAD/CAM expand as new design approaches in automotive, aerospace, and architecture are brought forth. Visualization, a market that has been almost dormant for the past few years, is poised now for great expansion due to exciting and lower-cost technologies.

Figure 2: Computer Graphics Software Market: http://www.ereleases.com/pic/2010-Software-Market-Chart.jpg

Today, software programs for making movies and computer games, designing products, and creating simulations are exploiting the features of today's CG hardware. Jon Peddie Research (JPR) is seeing the results in amazing realism and real-time capabilities for the next generation of films and designs, and the trend is accelerating.

The demand for programmers, artists, scientists, and designers has picked up again and firms are actively looking for people who can use and exploit these new programs and their associated hardware accelerators. The economic recession has caused a slowdown, but it's going to look like a small bump in the road by 2013.

JPR is seeing new opportunities growing out of more mainstream applications for the web and consumer applications. The web is growing as a distribution medium for graphics content, which in turn encourages people to pick up the tools, learn them, create content for pleasure, and even look for jobs in the field. What used to be a very closed society of experts is opening up.

Given these trends, JPR sees the rate of growth continuing to grow.

About Jon Peddie Research

Dr. Jon Peddie has been active in the graphics and multimedia fields for more than 30 years. Jon Peddie Research is a technically oriented multimedia and graphics research and consulting firm. Based in Tiburon, California, JPR provides consulting, research, and other specialized services to technology companies in a variety of fields including graphics development, multimedia for professional applications and consumer electronics, high-end computing, and Internet-access product development. Jon Peddie's Market Watch is a quarterly report focused on the market activity of PC graphics controllers for notebook and desktop computing.

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SOURCE Jon Peddie Research