Press release
3D mapping and 3D modeling Market Growth Factors analysis by Trimble, Mitsubishi Motors Corporation, Pixologic, Inc., Airbus Defence, Intermap Technologies, Applied Earth Works, Udemy, Saab Automobile AB, Google, Autodesk
3D mapping and 3D modeling Market- InsightsMarket Research Future has conducted a thorough investigation regarding the global 3D mapping and 3D modeling market and has found that the global market is on track to witness growth at a staggering CAGR of 26% during the assessment period ranging between 2017 and 2023. Projected market value by the end of the forecasted period in 2023 is expected to be approximately USD 6 Bn. 3D mapping uses accurate aerial images to create a precise image of a terrain. Meanwhile, 3D modeling uses many more images to create a map which allows individual parts of a map to be made more realistic to look at by providing various angles on it.
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Adoption of technological advancements and the presence of high-speed connectivity for internet has increased the demand for 3D mapping and 3D modeling. 3D mapping has the potential to become a highly useful tool which allows users to navigate with utmost efficiencies. 3D modeling has several applications in a number of industries. Moreover with the emergence of 3D technologies such as 3D scanners, sensors and a number of other devices, the demand for 3D mapping and modeling has gone up. 3D mapping and 3D modeling has applications in healthcare, automotive, and media & entertainment among others. Market players are increasingly investing in the market, and the potential for growth is expected to lead the market toward lucrative opportunities.
3D mapping and 3D modeling Market - Key Players
Eminent market participants include Trimble Inc., Mitsubishi Motors Corporation, Pixologic, Inc., Airbus Defence, Intermap Technologies, Applied EarthWorks, Inc., Udemy Inc., Saab Automobile AB, Google, Inc., Autodesk, Inc., Cybercity 3D, Inc., Space SAS, Aerolion, Topcon Corporation, The Blender Foundation, Apple, Inc., and Esri. The market players mentioned above are some of the leading players in the global 3D mapping and 3D modeling market which have been analyzed in MRFR's report on the subject.
3D mapping and 3D modeling Market - Segmentation
Factors based on which the global 3D mapping and 3D modeling market have been segmented include application, verticals, and region. Applications of 3D Mapping and 3D modeling include 3D texture mapping, 3D laser mapping, mapping & navigation, 3D video mapping, 3D projection mapping, and 3D mobile mapping.
Verticals, where 3d mapping and 3D modelling can be applied, include transport & logistics, defense & public safety, automotive, healthcare, construction, retail, aviation & space, media & entertainment, and others.
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3D mapping and 3D modeling Market - Latest Industry News
Skitude has launched a premium version of its popular portfolio of apps which offer 3D map options among others.
The city of Sacramento is collaborating with Deepen AI and Foresight AI to develop 3D maps for demo routes inside the city.
3D mapping and 3D modeling Market - Regional Analysis
The report covers important regions in the market which include Asia Pacific, Europe, North America, and the Rest of the World. North America, which consists of the U.S, Canada, and Mexico, leads the market with the largest share due to the huge demand for the same from smart devices activities which are increasing in this particular field. Europe and the Asia Pacific follow the North American market. Europe's growth is expected to be promising, and there are several market players in the region who are driving the market forward.
Meanwhile, the Asia Pacific is growing at the highest CAGR and is the emerging region in the global 3D mapping and 3D modeling market. Countries such as Japan, China, and India are leading country-level markets in the APAC. The economic growth in the region has prompted the demand for advanced technology. The sheer potential in the APAC region in the forthcoming years is expected to reveal new market opportunities beyond the forecasted period.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting
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