3D Visualization, Simulation, and Training Markets to Expand Rapidly; Total Spending Will Reach $31.5 Billion by 2011, According to New Acacia Research Group Study.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , Wash. -- Worldwide spending on hardware, software, and services for 3D visualization Using the computer to convert data into picture form. The most basic visualization is that of turning transaction data and summary information into charts and graphs. Visualization is used in computer-aided design (CAD) to render screen images into 3D models that can be viewed from all , simulation, and training will reach $22.1 billion in 2006 and grow to $31.5 billion by 2011, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Acacia acacia (əkā`shə), any plant of the large leguminous genus Acacia, often thorny shrubs and trees of the family Leguminosae (pulse family). Research Group's latest market study, Opportunities in Visualization, Simulation, & Training 2006-2011. "We expect to see impressive expansion in all segments," said Acacia Senior Analyst Christine Arrington Arrington is a village and civil parish in the South Cambridgeshire district of Cambridgeshire, England, with a population of 389 (2001 census). The village is on the A1198 road (the old Ermine Street), and is about six miles north of Royston in Hertfordshire. , "Defense and governmental spending is a major driver but commercial interests -- from oil and gas to pharmaceuticals -- are going to be investing in visualization and simulation technologies as well." VS&T Spending by Segment 2006-2011 Segment 2006 2011 CAGR Defense & Government $13.5 $17.9 5.7% Design & Engineering $3.6 $5.3 8.3% Industry & Business $2.7 $4.5 10.9% Medical & Scientific $2.3 $3.8 10.2% All figures in billions, except percentages. Copyright (C) 2006 Acacia Communications. All rights reserved. North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. will account for the bulk of spending in 2006, about 55% of the total, but other regions, especially Asia, are rapidly increasing share. Spending on hardware will make up about 54% of the total but will dip to just over 49% by 2011, with services and software growing as a percentage of total spending. "We see expanding opportunities for off-the-shelf product providers within this market, especially tool and middleware Software that functions as a conversion or translation layer. It is also a consolidator and integrator. Custom-programmed middleware solutions have been developed for decades to enable one application to communicate with another that either runs on a different platform or comes from a vendors," said Arrington, "Organizations and service providers can't build everything themselves. They are in the market for technologies ranging from specialty solutions all the way down to immersive game engines and their concomitant concomitant /con·com·i·tant/ (kon-kom´i-tant) accompanying; accessory; joined with another. concomitant adjective Accompanying, accessory, joined with another toolsets." About This Study Opportunities in Visualization, Simulation, & Training 2006-2011 examines the worldwide and regional VS&T markets. It is available for purchase via the company's web site at www.acaciarg.com. Journalists working on related stories may contact Christine Arrington (christinea@acaciarg.com) for additional material. About Acacia Acacia Research Group provides timely and accurate business intelligence to decision makers across the high technology industry -- covering tools and middleware for interactive content creation, consumer entertainment and communications hardware, content distribution channels, and business models for content deployment. Acacia's products and services include in-depth market studies, executive forums, periodicals, and custom consulting. The company is headquartered in Vancouver, WA. For more information please visit www.acaciarg.com. |
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