By Dian Schaffhauser, Campus Technology
3D printing is on a growth jag. A new report from International Data Corp. (IDC) finds that the market grew in the United States by nearly 20 percent in 2015 compared to 2014. Printer hardware and materials represented a $2.5 billion market in this country last year. According to the IDC report, “U.S. 3D Printer Forecast, 2016-2020: New 3D Print/Additive Manufacturing Technologies Fuel Growth,” that increase is expected to continue through 2020, with a compound annual growth rate (CAGR) of more than 16 percent. In the education segment specifically, IDC forecasts that 3D printing spending, which includes printers, as well as materials and software, will grow from around $200 million this year to more than $500 million in 2019.
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