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3D Mapping and Modeling Market is Expected to at a CAGR of 19.76% between 2018 to 2024

12-12-2019 06:28 AM CET | IT, New Media & Software

Press release from: Knowledge Sourcing Intelligence LLP

3D Mapping and Modeling Market is Expected to at a CAGR of 19.76%

Knowledge Sourcing Intelligence announces the publication of a new report on “3D Mapping and Modeling Market - Forecasts from 2019 to 2024" to their offering.

3D mapping is used for the projection of 2D or a 3D object onto a display surface via spatial mapping. This is mostly used by the advertisers and artists for adding dimension, movement, and depth to the static objects like buildings or a stage. 3D modeling is the process of creating motion pictures with the help of 3D technology and is used in various areas which include engineering, architecture, film and entertainment and producing special effects among others.

This report provides forecast and analysis of the 3D mapping and modeling market which is estimated to hold a total market value of US$21.558 billion by the end of 2024 with an impressive CAGR of 19.76%.

The market growth during the forecast period is expected to grow owing to the increasing technological advancements in 3D devices which include 3D scanners and 3D sensors with the growing R&D funding for improving 3D mapping and modeling processes. Other factors driving the market growth include increasing 3D content in addition to increasing demand for 3D models in the media and entertainment industry. Furthermore, the increasing purchasing power of the consumers has augmented the market demand with the growing adoption of 3D-enabled devices such as smartphones, tablets and other mobile devices.

Additionally, with the growing geriatric population and the growing number of chronic diseases worldwide, the demand for 3D mapping solutions is poised to surge during the forecast period owing to the requirement of 3D mapping of the human anatomy during diagnosis or during surgical procedures. Geographically, North America is expected to hold a significant market share followed by the European region.

Some of the major players covered as part of the report are Autodesk Inc., Orbit GeoSpatial Technologies NV, and 3DCoat among others.

This report segmented the 3D mapping and modeling market on the basis following terms:

• By Type
o 3D Mapping
o 3D Modeling

• By Industry
o Aerospace and Defense
o Healthcare
o Media and Entertainment
o Construction
o Automotive
o Manufacturing
o Others

• By Geography
o North America
 U.S.A
 Canada
 Mexico

o South America
 Brazil
 Argentina
 Others

o Europe
 Germany
 France
 United Kingdom
 Spain
 Others

o Middle East and Africa
 Saudi Arabia
 Israel
 UAE
 Others

o Asia Pacific
 China
 Japan
 South Korea
 India
 Others

Purchase complete report or request sample: www.knowledge-sourcing.com/report/3d-mapping-and-modeling-market

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centring on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

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