DUBLIN, Sept. 07, 2023 (GLOBE NEWSWIRE) — “3D Mapping and Modeling Market by Rendering (Software and Services), Technology (LiDAR, Photogrammetry, SLAM), Vertical (Architecture, Engineering and Construction, Media and Entertainment),” and Region ( North America, Asia-Pacific, Europe and Southwest) – Global Outlook 2028″ report added to ResearchAndMarkets.com an offer.
The global 3D Mapping and Modeling market is poised for significant expansion, with a projected growth trajectory from USD 5.4 billion in 2023 to USD 11.8 billion by 2028, indicating an impressive CAGR of 17.2% over the forecast period.
Key market drivers:
The significant increase in the availability of 3D content, coupled with the advent of 3D-enabled display devices, is paving the way for the 3D mapping and modeling market to grow. These advances provide improved navigational experiences and foster an environment for aggressive market expansion.
the main ideas:
- The solutions sector takes the lead: The solutions segment is witnessing rapid growth in the 3D mapping and modeling market, due to technological advances, diverse industrial applications, rich visualization and simulation capabilities, integration with Augmented Reality and Virtual Reality technologies, and growing demand for Geographic Information Systems (GIS). As the market matures, solution providers are expected to enhance user experiences, create industry-specific tools, and push the boundaries of 3D mapping and modeling capabilities.
- Healthcare and Life Sciences Driving Vertical Growth: The Healthcare and Life Sciences segment is poised to achieve the fastest growing CAGR over the forecast period. 3D mapping and modeling technology has played a pivotal role in driving advances in healthcare and the life sciences over the past decade. These technologies have become indispensable tools in research, diagnosis, treatment planning, and medical education. They facilitate accurate data analysis, patient-specific solutions, and visualization of complex anatomical structures, contributing to the rapid growth of the sector.
- North America dominates: North America is at the forefront of technological advancement in the 3D Mapping and Modeling market. Its landscape is being shaped by smart and connected devices, with advanced solutions, research activities and industry collaborations fueling market growth. The strong infrastructure and broadband connectivity in the region provides a solid foundation for expanding 3D modeling and mapping solutions.
- The advent of machine learning and artificial intelligence to deliver realistic and immersive visualizations
- Slight decrease in growth rate year on year in 2023
- Media and entertainment: the fastest growing sector during the forecast period
- Software, architecture, engineering and construction: key stakeholders in 2023
- North America maintains its leadership as the largest market during the forecast period
- The demand for 3D animation in mobile applications, games and videography is growing
- Advances in 3D scanners, sensors, and acquisition devices
- Wide availability of 3D content
- The advent of 3D displays
- High rates of corruption and piracy
- High technological and installation costs
- The emergence of artificial intelligence and machine learning technologies
- The increasing popularity of augmented reality and virtual reality technologies in various major industries
- Integration of 3D mapping and modeling solutions with sensors and IoT devices for real-time data collection
- Strict government regulations and insufficient funding in 3D mapping and modeling technologies
- Skilled labor shortage
Case study analysis:
- Jay & Co India Pvt. Ltd. publishes PDMC and Revit to streamline design workflows and data interoperability
- John McAslan and Partners publish 3D models of King’s Cross station transformation
- Simple Energy publishes Alias Surface software to build 3D models of vehicle designs and reduce time to market
- Rumbo Norte Ingenieria uses TDX8 to capture accurate data
- Zuri uses 3DEXPERIENCE to manufacture VTOL aircraft
- Cohn Construction uses SketchUp Pro to develop powerful 3D designs
- The Environmental Protection Agency (EPA) publishes 3D maps to make critical decisions related to the Clean Water Act
- Grandview Energy uses a server to achieve accurate geological visualization
- Gensler deploys 3D GIS to facilitate intelligent urban planning
- Biesse Group deploys 3D InterOp technology to solve the data translation problem
- Astroface Technologies
- Bentley systems
- Civil Maps
- Cyber City 3D
- Dassault Systems
- Dynamic map platform
- golden software
- cell folders
- Intermap Technologies
- Modern technology laboratories
- Public Telecommunications Corporation
- Visionmongers Foundry
|number of pages||356|
|forecast period||2023 – 2028|
|Estimated market value (in USD) in 2023||$5.4 billion|
|Projected market value (in USD) by 2028||$11.8 billion|
|The total annual growth rate||17.2%|
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Global 3D mapping and modeling market