3D Printing Update: Manufacturing Vertical Dominates CEE Spending
PRAGUE, August 1, 2016 – In a recent update to the Worldwide 3D Printing Spending Guide, International Data Corporation (IDC) estimates that organizations in Central and Eastern Europe (CEE) will invest more than $917 million in 3D printing hardware, software, services, and materials this year. IDC expects that 3D printing revenue in the CEE region will post a compound annual growth rate (CAGR) of 28.0% over the 2016–2020 forecast period, reaching $2.30 billion in 2020. Manufacturing, professional services, and education represent the three largest verticals in the forecast update, and are predicted to jointly account for over three-quarters of total CEE 3D printing spending in 2016. (TZ)