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Major participants operating in the market are
These firms majorly focus on product development strategies, along with inorganic growth tactics to strengthen their market position. For instance, in August 2022, Chaos Software, an image rendering services company, launched V-Ray 6 for Maya, a new version with procedural clouds, enmesh for repeating geometry, and next-generation render analytics features. Such innovations are intended to aid the company in improving its business reach and stay ahead in the competitive landscape.