Press release
3D Mapping And Modeling Market Outlook 2024: Exclusive Report By The Business Research Company
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2035The Business Research Company offers in-depth market insights through 3D Mapping And Modeling Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The 3d mapping and modeling market size has grown rapidly in recent years. It will grow from $6.83 billion in 2023 to $8.06 billion in 2024 at a compound annual growth rate (CAGR) of 18.0%. The growth in the historic period can be attributed to urbanization and infrastructure development, surge in aerial and satellite imagery, increased applications in geographic information systems (gis), cultural heritage preservation, entertainment and gaming industry adoption, precision agriculture..
The 3d mapping and modeling market size is expected to see rapid growth in the next few years. It will grow to $15.66 billion in 2028 at a compound annual growth rate (CAGR) of 18.0%. The growth in the forecast period can be attributed to advancements in computer graphics, increasing data processing capabilities, expansion of smart cities initiatives, global expansion of e-commerce and logistics, increasing security and defense applications.. Major trends in the forecast period include integration of lidar technology, drone-based 3d mapping, remote sensing technologies, digital twin concept adoption, big data analytics, open-source mapping tools..
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Market Segmentation:
The 3d mapping and modeling market covered in this report is segmented -
1) By Type: 3D Mapping, 3D Modeling
2) By Component: Software Tools, Services
3) By Application: Projection Mapping, Maps And Navigation, Texture Mapping, Other Applications
4) By End User: Building And Construction, Healthcare, Automotive, Defense, Gaming And Application, Entertainment, Other End User
Major Driver - Surging Availability Of 3D Content Fuels Growth In The 3D Mapping And Modeling Market
The increasing availability of 3D content is driving the growth of the 3D mapping and modeling market. 3D content refers to the creation of an object which is solid and can be measured in three separate directions typically the height, length, and width. As the demand for 3D content rises, the demand for 3D mapping and modeling will also rise because it creates a three-dimensional representation of an object using specialized software. For instance, according to a 3D printing trend report 2022 published by Hubs, a Netherlands-based company that offers a range of manufacturing services, in 2021, 68% of engineering companies increased their use of 3D printing as compared to 2020. Therefore, the increasing availability of 3D content will propel the future of the 3D mapping and modeling market.
Competitive Landscape:
Major companies operating in the 3d mapping and modeling market report are Vricon, Airbus SE, Autodesk Inc., Bentley Systems Inc., Trimble Inc., Intermap Technologies Corp., ESRI Inc., Cybercity 3D Inc., Topcon Positioning Systems Inc., Pixologic Inc., Alphabet Inc., Dassault Systèmes SE, Adobe Inc., Pix4D SA, Nemetschek Group, Mitsubishi Electric Corporation, Apple Inc., Mapbox Inc., Saab AB, The Foundry Visionmongers Ltd., PTC Inc., Parrot Drone SAS, Delair Group, Artec Group, Blue Marble Geographics, ClearEdge3D Inc., DroneDeploy Inc., Eonite Perception Inc., Faro Technologies Inc., Verisk Analytics Inc.
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Top Trend - Technological Advancements Drive Momentum In The 3D Mapping And Modeling Market
Technological advancements are the key trends gaining popularity in the 3D mapping and modeling market. Major companies operating in the 3D mapping and modeling market are focused on developing new technological solutions using augmented reality (AR) to strengthen their position. In augmented reality (AR), information in text, pictures, audio, and other virtual additions are combined with actual things in real time. For instance, in April 2022, Nextech, a Canada-based metaverse company specializing in augmented reality solutions, spatial mapping, and 3D models, launched its AR Spatial Mapping platform, ARitize Maps. This program is a complete tool for creating the Metaverse and the first end-to-end Metaverse mapping solution for both consumers and businesses. Augmented reality mapping, localization, and simple drag-and-drop of AR material, including navigation and the ability to view 3D models in a user's constructed map, are new capabilities of the app included with the launch.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. 3D Mapping And Modeling Market Characteristics
3. 3D Mapping And Modeling Market Trends And Strategies
4. 3D Mapping And Modeling Market - Macro Economic Scenario
5. 3D Mapping And Modeling Market Size And Growth
…..
27. 3D Mapping And Modeling Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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