Industry enjoying 5.3% growth for next few years
TIBURON, Calif. — (BUSINESS WIRE) — July 16, 2013 — The computer graphics industry has been a growth industry since it was established in the late 1970s. It has weathered the storms of the recession over the last five years and is now showing signs of renewed vigor and potential, partly due to a big boost from mobile.
The computer graphics hardware market was worth $93 billion in 2010 and is expected to exceed $107 billion in 2013, with software growing slight faster than hardware.
| 2012 | 2013 | 2016 | ||||||||||
| TOTAL hardware,
CAGR 11-15: |
5.2% | $101.79 | $106.93 | $124.45 | ||||||||
| TOTAL applications
CAGR 11-15: |
5.7% | $13.98 | $14.56 | $16.98 | ||||||||
|
TOTAL COMPUTER GRAPHICS MARKET
|
5.2% | $121.50 | $128.73 | $121.50 | ||||||||
|
Figure 1: Overall Computer Graphics Market |
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In 2012, the CG software market was worth $14 billion (not counting services, maintenance and other aspects) and is expected to grow to $17 billion by 2013 as the industry shakes off the remaining effects of the recession and starts upgrading software tools.
| 2012 | 2013 | 2016 |
12-16
|
|||||||||
| Monitors used for graphics | $0.57 | $0.70 | $0.85 | 6.8% | ||||||||
| Workstations | $6.96 | $7.41 | $9.18 | 7.4% | ||||||||
| Game consoles | $12.30 | $13.17 | $11.20 | -5.3% | ||||||||
| Total gaming PCs | $18.37 | $17.79 | $20.77 | 5.3% | ||||||||
| Mobile devices | $63.60 | $67.86 | $82.44 | 6.7% | ||||||||
| TOTAL hardware ($B) | $101.79 | $106.93 | $124.45 | 5.2% | ||||||||
|
Figure 2: Computer Graphics Hardware Market |
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