Flexible Electronics News

Worldwide Spending on 3D Printing Expected to Surpass $35 Billion in 2020

IDC expects revenue to more than double the $15.9 billion in revenues forecast for 2016.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

A recent update to the Worldwide Semiannual 3D Printing Spending Guide from International Data Corporation (IDC) forecasts global revenues for the 3D printing market to reach $35.4 billion in 2020. This is more than double the $15.9 billion in revenues forecast for 2016 and represents a compound annual growth rate (CAGR) of 24.1% over the 2015-2020 forecast period.   While 3D printers and materials will represent nearly half the total worldwide revenues throughout the forecast, software and re...

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