3D Printing Software and Services Market is valued at USD 2101.90 Million in 2017 and expected to reach USD 9070.40 Billion by 2024 with the CAGR of 23.23% over the forecast period.**
Growing packaging industry and customization in product packaging is expected to drive the 3D Printing Software and Services market. Booming automotive industry coupled with the increasing demand of 3D Printing Software and Services is expected to drive the market at fast pace. Furthermore, advancement in technology in food and fashion industry is a revolutionary factor for that change the food and printing technology. Previously, commercial bakeries, commercial kitchens and confectionaries are using 3D food printers to save time and effort.
North America is expected to Dominated the 3D Printing Software and Services Market
North America dominates the market with highest market share due to the well-established technology development and infrastructure coupled with high adoption of smart devices in the region are expected to support the growth of North America Market. Europe is expected to be the second largest growing region over the forecast period due to the early adoption of advanced technologies. Asia Pacific is the third largest and fastest growing region over the forecast period owing to the increased demand from packaging industry and adoption of advance technology in countries like India, Japan. Developing automotive industry in China is the one of the major driving factors for the Asia Pacific growth. Since 2008, China is producing the world’s highest automobile unit. This indicates that, Asia Pacific will be showing the extra ordinary growth in the 3D Printing Software and Services market.