Slicing Software Market Trends, Development and Forecast Report, 2030

NEW YORK - Feb. 23, 2024 - PRLog -- The slicing software market is estimated to touch USD 771.0 million in 2023, which will rise to USD 2,516.7 million, with an 18.5% CAGR, by 2030.

The growth of this industry is because of the increasing need for integrated slicing software and the growing end-use sectors including manufacturing, healthcare, aerospace, and automobile.

The integrated category, based on product type, is leading the industry. This can be mainly because of its developed features like design optimization, model simulation, machine integration, repair capabilities, and analysis, coupled with the high demand for slicing operations.

On the basis of deployment, on-premises is the larger category. This is because of the increasing requirement to understand sensitive info locally, data security, and compliance necessities, and thus, slicing software is extensively accepted on-premises by end users.

The cloud category, on the other hand, will propel at a higher rate, during this decade. This is ascribed to its benefits including its capability to deliver greater management of the 3D printing procedure straight from a web browser.

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APAC will propel at the highest rate during this decade. This is because of the existence of countries including China, India, and Japan; active government support for 3D printing in different sectors; and the rising partnerships and collaborations among regional businesses.

With the surging requirement for integrated slicing software, the slicing software industry will continue to progress in the coming years.