Global 3D Mapping and Modelling Market Report and Forecast 2023-2028

Global 3D Mapping and Modelling Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the global 3D mapping and modelling market is projected to grow at a CAGR of 12.6% between 2023 and 2028. Aided by the rapid technological advancements and an escalating demand for sophisticated visualisation in various sectors, the market is expected to grow significantly by 2028.

3D mapping, a technology that captures the geometry of objects in the environment using specialised equipment, combined with 3D modelling, which represents a three-dimensional object using specialised software, offers a comprehensive visual representation. This duo stands as an epitome of technological evolution, playing an indispensable role in diverse areas, from video games and geospatial analysis to urban planning and architectural design.

The increasing reliance of various industries on visual data interpretation is one of the key 3D mapping and modelling market trends driving the market. The proliferation of smart cities, for instance, requires precise urban planning and infrastructure development. 3D mapping and modelling provide an intricate detailing of terrains, buildings, and infrastructures, enabling more informed decision-making and forecasting for urban developers and policymakers. Hence, the market dynamics are likely to get shaped in the forecast period.

Moreover, the entertainment and media sector has been generating the 3D mapping and modelling market demand. High-definition graphics in video games, movies, and virtual reality experiences are a testament to the deep-seated integration of 3D mapping and modelling. Enhanced user experiences, realistic environments, and detailed character designs are only achievable through the finesse of this technology.

Parallelly, the automotive and transportation sector is leveraging 3D mapping for autonomous vehicle technology. Detailed maps with real-time updates on terrains, obstacles, and routes are quintessential for the safe functioning of self-driven vehicles. As the race towards perfecting autonomous transportation intensifies, the indispensability of 3D mapping and modelling grows in tandem.

Another sector experiencing the revolutionary impact of 3D mapping and modelling market growth is real estate. Virtual property tours have transformed the way potential buyers view and select properties. 3D visualisations provide them with a tangible sense of space, layout, and aesthetics, making the decision-making process more efficient and comprehensive.

On the industrial horizon, sectors like aerospace, defense, and healthcare are increasingly adopting 3D mapping and modelling. Whether it's designing intricate components of a spacecraft, strategising defence installations, or visualising complex surgeries in healthcare, the preciseness and visual depth offered by 3D technologies are unparalleled.

Market Segmentation

The market can be divided based on component, application, end use, and region.

Market Breakup by Component

• 3D Mapping
• 3D Modelling

Market Breakup by Application

• Projection Mapping
• Texture Mapping
• Maps and Navigation
• Others

Market Breakup by End Use

• Construction Industry
• Transportation Industry
• Automobile Industry
• Entertainment Industry
• Healthcare Industry
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global 3D mapping and modelling market. Some of the major players explored in the report by Expert Market Research are as follows:

• Vricon
• Autodesk Inc.
• Bentley Systems, Incorporated
• Trimble Inc.
• Intermap Technologies, Inc.
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.