Visualizer Market size was valued at USD 436.2 million in 2023 and is expected to exceed USD 1.27 billion by 2036, registering over 8.6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of visualizer is assessed at USD 466.21 million.
Globally, the demand for visualizers is anticipated to be driven by the rising spending to use interactive tools in classrooms and lecture halls, and increasing availability of visualizers in developed nations. In 2018, 51% organizations admitted to be have used interactive tools such as webcams and visualizers for research and training. Growing awareness about visualizers among consumers, rising demand of the product from tech enthusiasts, and increasing adoption of innovative presentation techniques by business and educational organizations are also expected to drive the growth of the market in the upcoming years. Along with this, escalating development of lightweight and portable visualizers is also assessed to benefit the progress of the visualizer market. Moreover, visualizer allows teachers and educators to effortlessly share 3D objects, books and experiments, which in turn is predicted to increase the usage of this product in the education sector.
Author Credits: Abhishek Verma
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