Author: Worldwideanalysis
The Indian interior design market revenue stood at $22,939.7 million in 2020, and it is predicted to rise significantly from 2021 to 2030 (forecast period). The market is being driven by the increasing real estate activities, mushrooming population, surging disposable income of people, soaring implementation of government initiatives for promoting and developing real estate, and rapid urbanization in the country. As per Invest India, India’s construction sector grew by 5.6% from 2016 to 2020, as compared to the 2.9% growth rate it exhibited between 2011 and 2015. Furthermore, the real estate sector in the country attracted investments worth $5 billion…
The Indian 3D content creation market for the media and entertainment industry is predicted to rise in the coming years, ascribed to increasing adoption of the VFX in regional cinema, rising penetration of the social media and OTT platforms, along with the surge in the gaming industry of the country. Under the component segment, the software category is projected to capture a significant revenue share, led by the expansion of the animation and VFX industry. The advent of the new 3D animation and VFX software and technologies boosts the employment of new 3D content creation strategies. The majorly used 3D…