Global 3D Mapping and Modelling Market

Global 3D Mapping And Modelling Market Size, Share, Growth Analysis, By Application(Object Reconstruction, 3D Projection), By Industry(Government, Aerospace) - Industry Forecast 2024-2031

Report ID: SQMIG45A2013 | Region: Global | Published Date: February, 2024
Pages: 249 | Tables: 76 | Figures: 75

Global 3D Mapping And Modelling Market Dynamics

3D Mapping and Modelling Market Driver

  • Due to a lack of appropriate tools, technologies, or systems in the past, obtaining 3D data was a challenging task. The development of 3D content has grown in popularity as a result of the emergence of 3D technology viewing. It has resulted in the development of numerous 3D mapping technologies that can map 3D content in the environment. These factors are expected to drive the market over the forecast period.
  • Mobile gadgets, such as smartphones, tablets, and notebooks, are all equipped with the technology. Previously, mapping was restricted to two-dimensional planes—atlases or online two-dimensional maps. It was possible to build 3D content with the available cloud points using 2D photos, resulting in more realistic maps and a more accurate view of the objects for viewers. The total 3D mapping and 3D modelling business have been boosted by 3D scanners, 3D sensors, and other acquisition equipment that help gather 3D data. The latest advanced 3D laser scanning technology provides more accurate 3D data in less time. Other acquisition systems, such as Unmanned Aerial Vehicles (UAVs) and mobile mapping (including vehicle, vessel, and other moving platforms), acquire the appropriate amount of data, as is well-known these days.

3D Mapping and Modelling Market Restraint

  • Advancements in the field of 3D mapping technology have occurred as time has passed. A better user experience is required in addition to offering HD quality 3D content to the user. Additional expenditures for acquiring 3D content data from acquisition devices such as scanners and lasers are required to achieve this. It raises the overall cost of technology. According to SkyQuest analysis, we found that the average cost of a projection mapping service for one minute of 3D video content is around US$ 10,000. On the other hand, there are additional charges for projectors, media servers, and hard drives in addition to the cost of video development time. As a result, the rising costs may slow down the use of 3D mapping technology.
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FAQs

Asia Pacific is expected to see considerable expansion in the 3D mapping and 3D modelling market in the coming years.It is estimated to show the growth with highest CAGR.

On the basis of end use industry, the global 3D mapping and modeling market can be divided into construction industry, transportation industry, automotive industry, entertainment industry, healthcareindustry, and others. Amongst these, the construction industry currently accounts for the majority of the

Global 3D Mapping And Modelling Market size was valued at USD 4.51 billion in 2019 and is poised to grow from USD 5.28 billion in 2023 to USD 15.65 billion by 2031, growing at a CAGR of 14.5% in the forecast period (2024-2031).

The key players in the 3D Mapping and Modelling market are working on continuous innovation and widespread use of the technology, as demand grows daily and 3D technology is heavily used in other important industries, Like autonomous vehicles, customized maps, tools, and machinery that produce 3D reports for the healthcare sector, as well as ongoing improvements to the infrastructure. For instance, in February 2021, Bentley Utilizing 3D modelling tools, systems can recreate and reach a 45 % capacity a better experience at London's busiest station, Bank-Monument Station 'Autodesk ', 'Bentley Systems Inc.', 'Trimble', 'ESRI', 'Topcon Corporation', 'Dassault Systèmes SE', 'Pix4D SA', 'Airbus SE', 'MAXON Computer GmbH', 'Intermap Technologies', 'Vricon Inc.', 'GeoSLAM', '3D Robotics', 'Orbital Insight Inc.', 'CyberCity 3D Inc.', 'Google LLC', 'Apple Inc.', 'Microsoft Corporation', 'NVIDIA Corporation', 'Unity Technologies Inc.'

Due to a lack of appropriate tools, technologies, or systems in the past, obtaining 3D data was a challenging task. The development of 3D content has grown in popularity as a result of the emergence of 3D technology viewing. It has resulted in the development of numerous 3D mapping technologies that can map 3D content in the environment. These factors are expected to drive the market over the forecast period.

In 2021, The North American region is expected to dominate the market over the forecast period because of the increased demand for a realistic virtual picture of a product for marketing purposes by small and medium firms and government agencies. Furthermore, during the forecast period, the expanding acceptance of cloud and IoT, as well as the growing use of the web, is expected to accelerate the expansion of the 3D mapping and 3D modelling market in the area. Because of the expanding number of important players across different regions, Asia Pacific is expected to see considerable expansion in the 3D mapping and 3D modelling market in the coming years. Individual market affecting factors and changes in regulation in the domestic market are also discussed in the country portion of the research, which has an impact on the market's current and future trends. Downstream and upstream value chain analysis, technological trends and Porter's five forces analysis, and case studies are just a few of the data elements used to anticipate market scenarios for distinct countries. While providing forecast analysis of the national data, the presence and availability of global brands, as well as the obstacles they face due to significant or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are all taken into account.

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Global 3D Mapping and Modelling Market

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