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Global Ray Tracing Technology Market Research Report 2024

Published Date: September 2024

Report Code: QYRE-Auto-28I17939

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Global Ray Tracing Technology Market Research Report 2024

Code: QYRE-Auto-28I17939

Report

September 2024

Pages:63

QYResearch

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DESCRIPTION

TABLE OF CONTENT

TABLES & FIGURES

FEATURED COMPANIES

CGI

NVidia

AMD

Imagination Technologies

Intel

Ray Tracing Technology Market Size

The global Ray Tracing Technology market was valued at US$ 311 million in 2023 and is anticipated to reach US$ 2437 million by 2030, witnessing a CAGR of 34.6% during the forecast period 2024-2030.

Ray Tracing Technology Market

In 3D computer graphics, ray tracing is a technique for modeling light transport for use in a wide variety of rendering algorithms for generating digital images. On a spectrum of computational cost and visual fidelity, ray tracing-based rendering techniques, such as ray casting, recursive ray tracing, distribution ray tracing, photon mapping and path tracing, are generally slower and higher fidelity than scanline rendering methods.Thus, ray tracing was first deployed in applications where taking a relatively long time to render could be tolerated, such as still CGI images, and film and television visual effects (VFX), but was less suited to real-time applications such as video games, where speed is critical in rendering each frame.

North American market for Ray Tracing Technology is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Ray Tracing Technology is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The global market for Ray Tracing Technology in Movies is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The major global companies of Ray Tracing Technology include NVIDIA, AMD, Imagination Technologies, Intel, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Ray Tracing Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ray Tracing Technology.

The Ray Tracing Technology market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Ray Tracing Technology market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Ray Tracing Technology companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Ray Tracing Technology Market Report

Report Metric	Details
Report Name	Ray Tracing Technology Market
Accounted market size in 2023	US$ 311 million
Forecasted market size in 2030	US$ 2437 million
CAGR	34.6%
Base Year	2023
Forecasted years	2024 - 2030
Segment by Type	Forward Ray Tracing Backward Ray Tracing
Segment by Application	Movies Video Games Others
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	NVIDIA, AMD, Imagination Technologies, Intel
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Ray Tracing Technology company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Ray Tracing Technology Market growing?

Ans: The Ray Tracing Technology Market witnessing a CAGR of 34.6% during the forecast period 2024-2030.

What is the Ray Tracing Technology Market size in 2030?

Ans: The Ray Tracing Technology Market size in 2030 will be US$ 2437 million.

Who are the main players in the Ray Tracing Technology Market report?

Ans: The main players in the Ray Tracing Technology Market are NVIDIA, AMD, Imagination Technologies, Intel

What are the Application segmentation covered in the Ray Tracing Technology Market report?

Ans: The Applications covered in the Ray Tracing Technology Market report are Movies, Video Games, Others

What are the Type segmentation covered in the Ray Tracing Technology Market report?

Ans: The Types covered in the Ray Tracing Technology Market report are Forward Ray Tracing, Backward Ray Tracing

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1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Ray Tracing Technology Market Size Growth Rate by Type: 2019 VS 2023 VS 2030

1.2.2 Forward Ray Tracing

1.2.3 Backward Ray Tracing

1.3 Market by Application

1.3.1 Global Ray Tracing Technology Market Growth by Application: 2019 VS 2023 VS 2030

1.3.2 Movies

1.3.3 Video Games

1.3.4 Others

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Global Growth Trends

2.1 Global Ray Tracing Technology Market Perspective (2019-2030)

2.2 Global Ray Tracing Technology Growth Trends by Region

2.2.1 Global Ray Tracing Technology Market Size by Region: 2019 VS 2023 VS 2030

2.2.2 Ray Tracing Technology Historic Market Size by Region (2019-2024)

2.2.3 Ray Tracing Technology Forecasted Market Size by Region (2025-2030)

2.3 Ray Tracing Technology Market Dynamics

2.3.1 Ray Tracing Technology Industry Trends

2.3.2 Ray Tracing Technology Market Drivers

2.3.3 Ray Tracing Technology Market Challenges

2.3.4 Ray Tracing Technology Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Ray Tracing Technology Players by Revenue

3.1.1 Global Top Ray Tracing Technology Players by Revenue (2019-2024)

3.1.2 Global Ray Tracing Technology Revenue Market Share by Players (2019-2024)

3.2 Global Ray Tracing Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Global Key Players Ranking by Ray Tracing Technology Revenue

3.4 Global Ray Tracing Technology Market Concentration Ratio

3.4.1 Global Ray Tracing Technology Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Ray Tracing Technology Revenue in 2023

3.5 Global Key Players of Ray Tracing Technology Head office and Area Served

3.6 Global Key Players of Ray Tracing Technology, Product and Application

3.7 Global Key Players of Ray Tracing Technology, Date of Enter into This Industry

3.8 Mergers & Acquisitions, Expansion Plans

4 Ray Tracing Technology Breakdown Data by Type

4.1 Global Ray Tracing Technology Historic Market Size by Type (2019-2024)

4.2 Global Ray Tracing Technology Forecasted Market Size by Type (2025-2030)

5 Ray Tracing Technology Breakdown Data by Application

5.1 Global Ray Tracing Technology Historic Market Size by Application (2019-2024)

5.2 Global Ray Tracing Technology Forecasted Market Size by Application (2025-2030)

6 North America

6.1 North America Ray Tracing Technology Market Size (2019-2030)

6.2 North America Ray Tracing Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030

6.3 North America Ray Tracing Technology Market Size by Country (2019-2024)

6.4 North America Ray Tracing Technology Market Size by Country (2025-2030)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Ray Tracing Technology Market Size (2019-2030)

7.2 Europe Ray Tracing Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030

7.3 Europe Ray Tracing Technology Market Size by Country (2019-2024)

7.4 Europe Ray Tracing Technology Market Size by Country (2025-2030)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Ray Tracing Technology Market Size (2019-2030)

8.2 Asia-Pacific Ray Tracing Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030

8.3 Asia-Pacific Ray Tracing Technology Market Size by Region (2019-2024)

8.4 Asia-Pacific Ray Tracing Technology Market Size by Region (2025-2030)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Ray Tracing Technology Market Size (2019-2030)

9.2 Latin America Ray Tracing Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030

9.3 Latin America Ray Tracing Technology Market Size by Country (2019-2024)

9.4 Latin America Ray Tracing Technology Market Size by Country (2025-2030)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Ray Tracing Technology Market Size (2019-2030)

10.2 Middle East & Africa Ray Tracing Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030

10.3 Middle East & Africa Ray Tracing Technology Market Size by Country (2019-2024)

10.4 Middle East & Africa Ray Tracing Technology Market Size by Country (2025-2030)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 NVIDIA

11.1.1 NVIDIA Company Details

11.1.2 NVIDIA Business Overview

11.1.3 NVIDIA Ray Tracing Technology Introduction

11.1.4 NVIDIA Revenue in Ray Tracing Technology Business (2019-2024)

11.1.5 NVIDIA Recent Development

11.2 AMD

11.2.1 AMD Company Details

11.2.2 AMD Business Overview

11.2.3 AMD Ray Tracing Technology Introduction

11.2.4 AMD Revenue in Ray Tracing Technology Business (2019-2024)

11.2.5 AMD Recent Development

11.3 Imagination Technologies

11.3.1 Imagination Technologies Company Details

11.3.2 Imagination Technologies Business Overview

11.3.3 Imagination Technologies Ray Tracing Technology Introduction

11.3.4 Imagination Technologies Revenue in Ray Tracing Technology Business (2019-2024)

11.3.5 Imagination Technologies Recent Development

11.4 Intel

11.4.1 Intel Company Details

11.4.2 Intel Business Overview

11.4.3 Intel Ray Tracing Technology Introduction

11.4.4 Intel Revenue in Ray Tracing Technology Business (2019-2024)

11.4.5 Intel Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

FEATURED COMPANIES

CGI

NVidia

AMD

Imagination Technologies

Intel

List of Tables

Table 1. Global Ray Tracing Technology Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030

Table 2. Key Players of Forward Ray Tracing

Table 3. Key Players of Backward Ray Tracing

Table 4. Global Ray Tracing Technology Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030

Table 5. Global Ray Tracing Technology Market Size by Region (US$ Million): 2019 VS 2023 VS 2030

Table 6. Global Ray Tracing Technology Market Size by Region (2019-2024) & (US$ Million)

Table 7. Global Ray Tracing Technology Market Share by Region (2019-2024)

Table 8. Global Ray Tracing Technology Forecasted Market Size by Region (2025-2030) & (US$ Million)

Table 9. Global Ray Tracing Technology Market Share by Region (2025-2030)

Table 10. Ray Tracing Technology Market Trends

Table 11. Ray Tracing Technology Market Drivers

Table 12. Ray Tracing Technology Market Challenges

Table 13. Ray Tracing Technology Market Restraints

Table 14. Global Ray Tracing Technology Revenue by Players (2019-2024) & (US$ Million)

Table 15. Global Ray Tracing Technology Market Share by Players (2019-2024)

Table 16. Global Top Ray Tracing Technology Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Ray Tracing Technology as of 2023)

Table 17. Ranking of Global Top Ray Tracing Technology Companies by Revenue (US$ Million) in 2023

Table 18. Global 5 Largest Players Market Share by Ray Tracing Technology Revenue (CR5 and HHI) & (2019-2024)

Table 19. Global Key Players of Ray Tracing Technology, Headquarters and Area Served

Table 20. Global Key Players of Ray Tracing Technology, Product and Application

Table 21. Global Key Players of Ray Tracing Technology, Date of Enter into This Industry

Table 22. Mergers & Acquisitions, Expansion Plans

Table 23. Global Ray Tracing Technology Market Size by Type (2019-2024) & (US$ Million)

Table 24. Global Ray Tracing Technology Revenue Market Share by Type (2019-2024)

Table 25. Global Ray Tracing Technology Forecasted Market Size by Type (2025-2030) & (US$ Million)

Table 26. Global Ray Tracing Technology Revenue Market Share by Type (2025-2030)

Table 27. Global Ray Tracing Technology Market Size by Application (2019-2024) & (US$ Million)

Table 28. Global Ray Tracing Technology Revenue Market Share by Application (2019-2024)

Table 29. Global Ray Tracing Technology Forecasted Market Size by Application (2025-2030) & (US$ Million)

Table 30. Global Ray Tracing Technology Revenue Market Share by Application (2025-2030)

Table 31. North America Ray Tracing Technology Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 32. North America Ray Tracing Technology Market Size by Country (2019-2024) & (US$ Million)

Table 33. North America Ray Tracing Technology Market Size by Country (2025-2030) & (US$ Million)

Table 34. Europe Ray Tracing Technology Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 35. Europe Ray Tracing Technology Market Size by Country (2019-2024) & (US$ Million)

Table 36. Europe Ray Tracing Technology Market Size by Country (2025-2030) & (US$ Million)

Table 37. Asia-Pacific Ray Tracing Technology Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 38. Asia-Pacific Ray Tracing Technology Market Size by Region (2019-2024) & (US$ Million)

Table 39. Asia-Pacific Ray Tracing Technology Market Size by Region (2025-2030) & (US$ Million)

Table 40. Latin America Ray Tracing Technology Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 41. Latin America Ray Tracing Technology Market Size by Country (2019-2024) & (US$ Million)

Table 42. Latin America Ray Tracing Technology Market Size by Country (2025-2030) & (US$ Million)

Table 43. Middle East & Africa Ray Tracing Technology Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 44. Middle East & Africa Ray Tracing Technology Market Size by Country (2019-2024) & (US$ Million)

Table 45. Middle East & Africa Ray Tracing Technology Market Size by Country (2025-2030) & (US$ Million)

Table 46. NVIDIA Company Details

Table 47. NVIDIA Business Overview

Table 48. NVIDIA Ray Tracing Technology Product

Table 49. NVIDIA Revenue in Ray Tracing Technology Business (2019-2024) & (US$ Million)

Table 50. NVIDIA Recent Development

Table 51. AMD Company Details

Table 52. AMD Business Overview

Table 53. AMD Ray Tracing Technology Product

Table 54. AMD Revenue in Ray Tracing Technology Business (2019-2024) & (US$ Million)

Table 55. AMD Recent Development

Table 56. Imagination Technologies Company Details

Table 57. Imagination Technologies Business Overview

Table 58. Imagination Technologies Ray Tracing Technology Product

Table 59. Imagination Technologies Revenue in Ray Tracing Technology Business (2019-2024) & (US$ Million)

Table 60. Imagination Technologies Recent Development

Table 61. Intel Company Details

Table 62. Intel Business Overview

Table 63. Intel Ray Tracing Technology Product

Table 64. Intel Revenue in Ray Tracing Technology Business (2019-2024) & (US$ Million)

Table 65. Intel Recent Development

Table 66. Research Programs/Design for This Report

Table 67. Key Data Information from Secondary Sources

Table 68. Key Data Information from Primary Sources

Table 69. Authors List of This Report

List of Figures

Figure 1. Ray Tracing Technology Picture

Figure 2. Global Ray Tracing Technology Market Size Comparison by Type (2024-2030) & (US$ Million)

Figure 3. Global Ray Tracing Technology Market Share by Type: 2023 VS 2030

Figure 4. Forward Ray Tracing Features

Figure 5. Backward Ray Tracing Features

Figure 6. Global Ray Tracing Technology Market Size by Application (2024-2030) & (US$ Million)

Figure 7. Global Ray Tracing Technology Market Share by Application: 2023 VS 2030

Figure 8. Movies Case Studies

Figure 9. Video Games Case Studies

Figure 10. Others Case Studies

Figure 11. Ray Tracing Technology Report Years Considered

Figure 12. Global Ray Tracing Technology Market Size (US$ Million), Year-over-Year: 2019-2030

Figure 13. Global Ray Tracing Technology Market Size, (US$ Million), 2019 VS 2023 VS 2030

Figure 14. Global Ray Tracing Technology Market Share by Region: 2023 VS 2030

Figure 15. Global Ray Tracing Technology Market Share by Players in 2023

Figure 16. Global Top Ray Tracing Technology Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Ray Tracing Technology as of 2023)

Figure 17. The Top 10 and 5 Players Market Share by Ray Tracing Technology Revenue in 2023

Figure 18. North America Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 19. North America Ray Tracing Technology Market Share by Country (2019-2030)

Figure 20. United States Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 21. Canada Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 22. Europe Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 23. Europe Ray Tracing Technology Market Share by Country (2019-2030)

Figure 24. Germany Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 25. France Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 26. U.K. Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 27. Italy Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 28. Russia Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 29. Nordic Countries Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 30. Asia-Pacific Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 31. Asia-Pacific Ray Tracing Technology Market Share by Region (2019-2030)

Figure 32. China Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 33. Japan Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 34. South Korea Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 35. Southeast Asia Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 36. India Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 37. Australia Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 38. Latin America Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 39. Latin America Ray Tracing Technology Market Share by Country (2019-2030)

Figure 40. Mexico Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 41. Brazil Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 42. Middle East & Africa Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 43. Middle East & Africa Ray Tracing Technology Market Share by Country (2019-2030)

Figure 44. Turkey Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 45. Saudi Arabia Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 46. UAE Ray Tracing Technology Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 47. NVIDIA Revenue Growth Rate in Ray Tracing Technology Business (2019-2024)

Figure 48. AMD Revenue Growth Rate in Ray Tracing Technology Business (2019-2024)

Figure 49. Imagination Technologies Revenue Growth Rate in Ray Tracing Technology Business (2019-2024)

Figure 50. Intel Revenue Growth Rate in Ray Tracing Technology Business (2019-2024)

Figure 51. Bottom-up and Top-down Approaches for This Report

Figure 52. Data Triangulation

Figure 53. Key Executives Interviewed

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Report Code:

QYRE-Othe-3L234

Published:

Mon Jan 01 10:27:43 UTC 2024

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