Expert's Opinion

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

Expanding with a five-year compound annual growth rate (CAGR) of 18.4%.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

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 billion in 2022 with a five-year compound annual growth rate (CAGR) of 18.4%. IDC forecasts worldwide spending to exceed $14 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 ...

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