IDC forecasts Worldwide Spending on 3D to be USD 12B

A new update to the Worldwide Semiannual 3D Printing Spending Guide from International Data Corporation (IDC) shows global spending on 3D printing (including hardware, materials, software, and services) will be nearly USD 12.0B in 2018, an increase of 19.9% over 2017. By 2021, IDC expects worldwide spending to be nearly USD 20.0B with a five-year compound annual growth rate (CAGR) of 20.5%.

The Worldwide Semiannual 3D Printing Spending Guide quantifies the opportunity for 3D printing, which enable the creation of objects and shapes made through material that is laid down successively upon itself from a digital model or file. Spending data is available for 15 use cases across 19 industries in nine geographic regions. Data is also available for 3D printing hardware, materials, software, and services. Unlike any other research in the industry, the comprehensive spending guide was designed to help IT decision makers to clearly understand the industry-specific scope and direction of 3D printing expenditures currently and over the next five years.