3D Mapping And 3D Modeling Software Market wil reach at SD 23.12 billion by 2032,Booming Worldwide With Leading Key Players -Apple, Intermap Technologies, Space, Dassault Systemes, Trimble, Graphisoft, Cybercity 3D, Autodesk, Google, Topcon Corporation, E

The global 3D mapping and modeling market size is expected to grow from USD 4.2 billion in 2021 to USD 23.12 billion by 2032, at a Compound Annual Growth Rate (CAGR) of 15.0% during the forecast period. Advent of 3D-enabled display devices for a better navigation, technological advancements in 3D scanners, 3D sensors, and the increasing availability of 3D content to drive the growth of 3D mapping and modeling market. Stringent government regulations and lack of investments, and impact of COVID-19 on the global economy are one of the major challenges in the 3D mapping and modeling market. Moreover, emergence of AI and ML technologies to boost the 3D content accuracy as one of the factor that offers huge opportunities in the market.

Key Players Profiled In the Report Includes

The major players covered in the 3D Mapping And 3D Modeling Software report are Apple, Intermap Technologies, Space, Dassault Systemes, Trimble, Graphisoft, Cybercity 3D, Autodesk, Google, Topcon Corporation, Exocortex, PTC, Adobe, Oracle Corporation, Maxon, ESRI, Vricon, Siemens PLM Software, Bentley Systems, Mitsubishi Electric, 3D-Coat, Asynth, Blender Foundation, NewTek, Pixologic, Airbus Defence and Space, Softree, Foundry

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Restraint: High technological and installation costs
With the passage of time, advancements in the field of 3D mapping technology have taken place. Along with providing HD quality 3D content to the user, an enhanced user-experience is also needed. To achieve this, additional costs are required for capturing the 3D content data from acquisition devices, such as scanners and lasers. It adds to the cost of the overall technology. According to the survey done by On Services, the average projection mapping service costs about USD 10,000 per one-minute of 3D video content. On the other hand, in addition to the cost of the video development time, there are also additional costs of the projectors, media servers, and hard drives. Consequently, the increasing cost may restrain the pace of 3D mapping technological adoption.

Opportunity: Emergence of AI and ML technologies to boost the 3D content accuracy
AI has the potential to take the 3D mapping market into hyper-growth. AI technologies can define the workflow of data acquisition that is required to generate 3D maps. Also, AI technologies are expected to boost the accuracy of 3D maps. In addition, AI solves the issues of operational downtime while generating maps from point cloud data. Moreover, 3D models help the user engage in better urban planning and appraise the potential environmental impact of new construction projects. AI technology is made of multiple building block technologies, including ML, deep learning, and Natural Language Understanding (NLU) that develop algorithms to analyze data and find models that predict outcomes or understand the context with significant accuracy and improve existing data quality. AI-based big data solutions and services help industry verticals with the automation and early detection of fraudulent activities that can be avoided through predictive modeling. Companies such as Google are already using AI for implementing various features, such as image analysis, recommendations, prediction, and improving its accuracy and efficiency. The same can be employed by other companies to increase opportunities in 3D mapping.

By software tools, the 3D modeling software segment is expected to record higher CAGR during the forecast period

By software tools, the market is segmented into 3D mapping and modeling software tools during the forecast period. 3D modeling software tools to account for higher market growth rate owing to the growing need for CAD applications for non-visual simulations used in medical and engineering sector. 3D modeling is the process of developing a 3D replica of an object via specialized software and the product formed is a 3D model. It can be displayed through a computer simulation method. 3D models created from 3D objects are a collection of data points that can be collected via scanners. 3D models can demonstrate proposed buildings and landscapes through software architectural models.

By 3D mapping application, the segment to hold largest market size during the forecast period

In the 3D mapping and modeling market by 3D mapping application, the projection and navigation application segment to hold largest market size during the forecast period. 3D-based projection and navigation is an evolving technology that maps 3D points to a 2D plane and adds animation to stationary objects and architectures. This technique is used by video artists to match videos to buildings that they are projecting on and creating interesting 3D effects.

3D Mapping And 3D Modeling Software Market

Android, IOS, PC, Web.

Application as below

Automotive, Transportation, and Logistics (ATL), Building and Construction Vertical, Defense and Public Safety, Retail, Animation and Game Programming, Other

Apart from this, the report includes the 3D Mapping And 3D Modeling Software market study based on geographical and regional location. Geographical Segmentation, On the basis of region, North America (United States, Canada), South America (Argentina, Chile, Brazil, etc.), Asia-Pacific (India, China, Japan, Singapore, Korea, etc.), Europe (UK, France, Germany, Italy, etc.), the Middle East & Africa (GCC Countries, South Africa, etc.) and the Rest of the world.

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The research report categorizes the 3D mapping and modeling market to forecast the revenues and analyze trends in each of the following subsegments:

By Component
Software Tools
3D Mapping
3D Modeling
Services
Professional Services
Consulting
System Integration and Implementation
Support and Maintenance
Managed Services

By 3D Mapping Application
Inspection and Measurement
Object Reconstruction
Projection and Navigation
Reporting and Virtualization
Others (disaster management, infrastructure management, and asset and property management)
By 3D Modeling Application
Product Marketing
Animation and Movies
Gaming and Designing
Architectural Rendering
Others (simulation, sculpting, painting, and visualization)

By Deployment Mode
Cloud
On-premises

By Organization Size
SMEs
Large Enterprises

By Vertical
Retail and Consumer Goods
Engineering and Construction
Healthcare and Life Sciences
Transportation and Logistics
Government and Defence
Energy and Utilities
Media and Entertainment
Manufacturing
Others (education, agricultural, automotive, and IT and telecom)

By Region
North America
Europe
APAC
MEA
Latin America

Recent Developments
In September 2020, Autodesk announced the launch of a new model coordination workflow between two of its flagship products, Navisworks and BIM 360 Model Coordination, both of which are widely used by architects, engineers, and construction teams.
In November 2019, Trimble announced that Trimble Clarity is now available as a stand-alone web application that simplifies the visualization and navigation of 3D data.
In November 2019, The Foundry Visionmongers announced the release of Modo 13.2. The latest Modo release has a large rendering focus that brings mPath a new pathtrace-based renderer, meant to vastly improve the processing time needed for design communication in the artists' workflow.

The 3D Mapping And 3D Modeling Software Report Supports the Facts Below:

Industry Historical Demand Trends and Future Development Study - 3D Mapping And 3D Modeling Software Market Investors will make their business decisions based on historical and projected performance of the market 3D Mapping And 3D Modeling Software in terms of growth trends, revenue contribution, and 3D Mapping And 3D Modeling Software market growth rate. The report offers 3D Mapping And 3D Modeling Software industry analysis from 2016 to 2019, according to categories such as product type, applications/end-users and regions.

Market Drivers, Limits and Opportunities - The market is deeply evaluated by a current market situation such as market growth factors and constraints. In addition, here we can discuss the latest industry news and its impact on the 3D Mapping And 3D Modeling Software business.

Industry Chain Analysis - The study of industry chain structure incorporates details related to supplier's and buyer's information. Furthermore, the report classifies the top manufacturers of 3D Mapping And 3D Modeling Software business based on their production base, cost structure, 3D Mapping And 3D Modeling Software production process, spending on raw materials and labor outlay.

Future Project Expediency - The 3D Mapping And 3D Modeling Software market report includes a detailed explanation about the past and present trends of the market has been following along with its future analysis that may concern with the 3D Mapping And 3D Modeling Software market growth.

Note - To provide a more accurate market forecast, all our reports will be updated prior to delivery considering the impact of COVID-19.

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