Press release
3D Mapping & 3D Modelling Market is expected to grow at an Exponential Rate Due to Easy Availability and Advancements in 3d Equipment
The 3D mapping & 3D modelling market is expected to grow at an exponential rate in the coming years due to easy availability and advancements in 3D equipment such as scanners, sensors, and GPS components. Moreover, the increasing usage of technology in existing mobile applications is also expected to support the growth of the 3D mapping & 3D modelling market in the coming years. Development of additional 3D mapping and modelling applications, such as improved tracking for retail and marketing research, across several business verticals and improvement in mapping technology for enhanced user-experience are the opportunities which are expected to bring opportunities for the global 3D mapping & 3D modelling market.
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On the basis of applications, the 3D mapping & 3D modelling market can be categorized as entertainment, transportation, defence and security, healthcare, automobile, construction, and retail. On the other hand, the 3D mapping, and 3D modelling market can be categorized on the basis of end users as 3D projection mapping, and mapping and navigation.
Advancement of 3D sensors, 3D scanners, , superior 3D viewing experience and increased availability of 3D content are the major drivers of global 3D mapping, and 3D modelling market. Lack of advanced software packages for simulating 3D data and additional costs associated with 3D modelling & 3D mapping are the major challenges hindering the growth of global 3D mapping and 3D modelling market.
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Geographically, Asia-Pacific is expected to grow significantly during the forecast period owing to the emerging opportunities in countries such as India, and China.
The key competitors in the global 3D mapping and 3D modelling market include NewTek, Inc., Pixologic, Inc, Blender.org, Autodesk Inc, Lightwave 3D, Bentley Systems, Incorporated, 3D-Coat, Apple Inc., MAXON Computer, Softree Technical Systems Inc a nd Airbus DS GmbH.
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