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Photogrammetry Software Market to Reach USD 4,143.03 Million By 2032 At a CAGR of 13.5%

11-13-2023 09:36 AM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Photogrammetry Software Market to Reach USD 4,143.03 Million

According to the research report, the global photogrammetry software market was valued at USD 1,169.33 million in 2022 and is expected to reach USD 4,143.03 million by 2032, to grow at a CAGR of 13.5% during the forecast period.

Polaris Market Research has recently published its latest analysis on Photogrammetry Software Market: By Size, Trends, Share, Growth, Segments, Industry Analysis and Forecast, 2032. The study has been meticulously prepared to provide readers with comprehensive market intelligence and practical insights into the market's key elements. It offers a thorough analysis of the major factors impacting the industry's projected growth. To precisely ascertain the Photogrammetry Software Market size and scope, a thorough analysis of the geographic regions and segments is included.

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The market for photogrammetry software is expanding significantly as a result of the rising need for accurate mapping, surveying, and 3D modeling solutions across numerous sectors. For example, in August 2022, Scantech is pleased to introduce Glopho, its newest photogrammetry software, which allows for the ultra-high accuracy data capture of medium-to-large size items up to 0.012 mm/m. To collect precise coordinates for parts, Scantech's transportable 3D scanner KSCAN-Magic and photogrammetry device MSCAN cooperate with this potent photogrammetry software.

Additionally, in April 2023, Correlator3D Version 10 has been released by SimActive Inc., a pioneer in the field of photogrammetry software. Point clouds may now be produced at substantially higher densities, and the user interface has been totally redone with a new dark-colored option. Therefore, the adoption of 3D in photogrammetry software which is used across the various verticals is driving the growth of the market over the forecast period.

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Furthermore, the modernization of new technologies for creating photogrammetry software as well as fierce competition between different vendors all contribute to the market's expansion. For picture matching, a cloud of point generation, and 3D reconstruction, software developers are concentrating on building feature-rich systems with intuitive user interfaces, cloud-based computational capabilities, and powerful algorithms. The efficiency and precision of photogrammetric workflows are further improved by the incorporation of artificial intelligence and machine learning, which enables automated removal of features, object recognition, and data analysis.

Photogrammetry Software Market Report Highlights

The culture Heritage and Museum segment is anticipated to grow at a significant CAGR over the forecast period. By capturing measurements from two-dimensional photographs, photogrammetry software is utilized in cultural heritage and museums to precisely replicate physical things.

Films and Games accounted for largest revenue share in 2022. The market is also being driven by an increase in the number of hours that photogrammetry software is being used continuously and its widespread use in big events like movie and sports theatres.

Asia-Pacific is expected to grow at a substantial CAGR over the projected period on account of the expansion of construction projects and measures to develop the region's infrastructure.

Some of the major players operating in the global market include:

3Dflow SR
Agisoft Incorporation
Autodesk
Capturing Reality
DroneDeploy Corp.
Esri International
Hexagon
ICAROS
Linearis3D GmbH
Magnasoft
Menci Software
nFrames GmbH
NUBIGON
Photometrix Photogrammetry Software
Pix4D
REDcatch
SimActive
Skyline Software
Trimble Inc.
Vexcel Imaging

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Polaris Market Research has segmented the Photogrammetry Software market report based on method, end-user, application, and photogrammetry style:

Photogrammetry Software, Method Outlook (Revenue - USD Million, 2019 - 2032)

Aerial Photogrammetry
Terrestrial (Close Range) Photogrammetry
Satellite Photogrammetry
Macro Photogrammetry
Photogrammetry Software, Photogrammetry Style Outlook (Revenue - USD Million, 2019 - 2032)

Point-and-Shoot Photogrammetry
Multi-Camera Photogrammetry
Video-to-Photogrammetry
Photogrammetry Software, Application Outlook (Revenue - USD Million, 2019 - 2032)

Culture Heritage and Museum
Films and Games
Topographic Maps
Traffic Management System
3D Printing
Drones and Robots
Others
Photogrammetry Software, End-User Outlook (Revenue - USD Million, 2019 - 2032)

Building and Construction
Automotive
Energy
Oil and Gas
Ship Building
Others

Contact Us:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

About Us:

Polaris Market Research is a worldwide market research and consulting organization. We give an unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.

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