Market Overview

IDC Forecasts Worldwide Spending on 3D Printing to Reach $23 Billion in 2022


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) growing to $23.0 billion in 2022 with a
five-year compound annual growth rate (CAGR) of 18.4%. IDC forecasts
worldwide spending to exceed $14.0 billion in 2019, an increase of 23.2%
over 2018.

Together, 3D printers and materials will account for roughly two thirds
of the worldwide spending total throughout the forecast, reaching $7.8
billion and $8.0 billion respectively in 2022. Services spending will
reach $4.8 billion in 2022, led by on-demand parts services and systems
integration services. Purchases of 3DP software will grow more slowly
than the overall market with a five-year CAGR of 16.7%.

"3D printing solutions are gaining traction outside of the traditional
industries of aerospace and automotive manufacturing and healthcare,"
said Marianne
, research manager, Customer
Insights and Analysis
at IDC. "Professional services and retail will
each see more than $1 billion dollars in annual spending before the end
of the forecast period, driven by the benefits of fully customized

The United States will be the region with the largest spending total in
2019 ($5.4 billion) followed by Western Europe ($4.0 billion). Together,
these two regions will provide nearly two thirds of all 3D printing
spending throughout the forecast. China will be the third largest region
with more than $1.9 billion in spending, followed by Asia/Pacific
(excluding Japan) Central and Eastern Europe (CEE), the Middle East and
Africa (MEA).

The leading use cases for 3D printing are prototypes, aftermarket parts,
and parts for new products. These three use cases will account for 45%
of worldwide spending in 2019. Dental objects and medical support
objects and tissue/organ/bone printing will see five-year CAGRs
exceeding 21%.

"The emergence of higher speed 3D printers, production configurations,
and the expanded range of materials available for 3D printing systems
continue to enable wider adoption of 3D printing across numerous
industries," said Tim
, research director, Hardcopy Peripherals and 3D
. "The development of some of these new materials is
critical, because it increases both adoption and utilization. Over the
forecast period IDC expects revenue from 3D printed materials to surpass
revenue from 3D printer hardware."

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 20 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 today
and over the next five years.

About IDC Spending Guides
IDC's Spending Guides provide a
granular view of key technology markets from a regional, vertical
industry, use case, buyer, and technology perspective. The spending
guides are delivered via pivot table format or custom query tool,
allowing the user to easily extract meaningful information about each
market by viewing data trends and relationships.

About IDC
International Data Corporation (IDC) is the
premier global provider of market intelligence, advisory services, and
events for the information technology, telecommunications, and consumer
technology markets. With more than 1,100 analysts worldwide, IDC offers
global, regional, and local expertise on technology and industry
opportunities and trends in over 110 countries. IDC's analysis and
insight helps IT professionals, business executives, and the investment
community to make fact-based technology decisions and to achieve their
key business objectives. Founded in 1964, IDC is a wholly-owned
subsidiary of International Data Group (IDG),
the world's leading media, data and marketing services company that
activates and engages the most influential technology buyers. To learn
more about IDC, please visit
Follow IDC on Twitter at @IDC
and LinkedIn.

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