3D Mapping and Modeling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Overview:
The global 3D mapping and modeling market size reached US$ 6.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.1 Billion by 2028, exhibiting a growth rate (CAGR) of 17.17% during 2023-2028. The rising application in the media and entertainment industry, increasing adoption in the construction sector, and the introduction of 3D-enabled devices represent some of the key factors driving the market.
Rising Demand in Media and Entertainment Industry Augmenting Market Growth
The rising demand in the media and entertainment industry currently represents one of the primary factors propelling 3D mapping and modeling market growth. Additionally, the increasing popularity of 3D modeling for merging 3D effects in animated movies is propelling the growth of the market. Besides this, there is a wide availability of 3D modeling products and solutions that assist in creating realistic 3D models and special effects for animation and movies. In addition, the entertainment industry is rapidly adopting visual effects (VFX) technology for creating visually enhanced imagery with the help of animation and computer graphics.
Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. The market structure is fragmented with the presence of numerous small and large manufacturers in the industry. The volume of new entrants is moderate in the 3D mapping and modeling industry due to the low production differentiation, high installation costs, and the requirement of economies of scale.
What is 3D Mapping and Modeling?
Three-dimensional (3D) mapping refers to a computer-generated, highly realistic virtual representation of an area and objects. It comprises a photogrammetry technique that offers greater efficiency in the horizontal direction and laser scanning for precision in the vertical direction. It utilizes objects as a surface as compared to screens and creates an interactive display. It assists in eliminating inconsistencies and enhancing the accuracy of mapping products. On the other hand, three-dimensional (3D) modeling refers to the process of creating a mathematical representation of a 3D object or shape through software. It is widely utilized for visualizing and rendering graphic designs for a specific purpose. It aids in improving drawing efficiency and accuracy and allows designers to physically see an object from all perspectives. It is also beneficial during the design phase and can potentially avoid costly construction problems. As a result, 3D mapping and modeling are widely employed in the construction, transportation, automobile, entertainment, and healthcare industries across the globe.
COVID-19 Impact:
The COVID-19 pandemic outbreak has caused severe problems for various industries and imposed unprecedented challenges on numerous countries. Production activities were slowed down due to the imposition of lockdowns and shutdowns all over the world. However, the lockdown has shown a positive impact on the growth of the 3D modeling and mapping market in the healthcare industry. The introduction of graphical information system (GIS) technology has offered an enhanced descriptive, predictive, and prescriptive stage of combating COVID-19. In addition to this, a 3D model of the surface of the coronavirus has been developed by a company and is available free for scientists for additional research and treatments. Apart from this, governing agencies of numerous countries encouraged the adoption of 3D mapping and modeling in research facilities, which has positively influenced the market during the Covid-19 pandemic.
3D Mapping and Modeling Market Trends:
At present, the rising demand for 3D mapping and modeling solutions in the defense and military sector for improving geospatial intelligence, broad area mapping, and continuously monitoring surveillance programs represents one of the key factors supporting the growth of the market. Besides this, the growing utilization of 3D mapping technology for analyzing ventilation, visibility, and sunlight distribution between buildings is offering a positive market outlook. Additionally, the increasing adoption of 3D mapping and modeling in topographic mapping and the development of smart cities is propelling the growth of the market. Apart from this, the rising demand for 3D mapping and modeling in the media and entertainment industry to create animated movies and enhance the visual experience of individuals is offering lucrative growth opportunities to industry investors. In addition, the introduction of various 3D-enabled devices, such as 3D scanners, sensors, gaming consoles, smartphones, TV displays, and desktops across the globe, is contributing to the growth of the market. Furthermore, the rising demand for 3D mapping and modeling in the healthcare industry during surgeries to map the human anatomy is strengthening the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global 3D mapping and modeling market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on component, application and end-use industry.
Component Insights:
3D Mapping
3D Modeling
The report has provided a detailed breakup and analysis of the 3D mapping and modeling market based on the component. This includes 3D mapping and 3D modeling. According to the report, 3D modeling represented the largest segment due to its adoption in animation, media, commercial advertising, and architectural applications. In addition, the increasing utilization of 3D modeling for detailed modeling of objects, characters, landscapes, and buildings is strengthening the growth of the respective segment.
Application Insights:
Projection Mapping
Texture Mapping
Maps and Navigation
Others
A detailed breakup and analysis of the 3D mapping and modeling market based on the application has also been provided in the report. This includes projection mapping, texture mapping, maps and navigation, and others. According to the report, maps and navigation accounted for the largest market share due to the increasing adoption of location-based services to easily track or navigate complex terrain locations. Moreover, the rising popularity of graphical information system (GIS) for offering personalized and detailed visualization of map and navigation-based services is propelling the growth of the segment.
End-Use Industry Insights:
Construction Industry
Transportation Industry
Automobile Industry
Entertainment Industry
Healthcare Industry
Others
A detailed breakup and analysis of the 3D mapping and modeling market based on the end-use industry has also been provided in the report. This includes construction industry, transportation industry, automobile industry, entertainment industry, healthcare industry, and others.
Regional Insights:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
The report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. According to the report, North America was the largest market for 3D mapping and modeling. The North America 3D mapping and modeling market is driven by the growing application in the construction and defense and military sector and rising number of product innovations that provide high-value data modeling and 3D visualization services.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global 3D mapping and modeling market. Some of the companies covered in the report include:
Vricon
Airbus
Autodesk
Bentley Systems
Alphabet
Trimble
Intermap Technologies
Esri
CyberCity 3D
Topcon
Dassault Systèmes
Adobe
Pix4D
Pixologic, Inc.
Flight Evolved
MAXON
Onionlab
The Foundry Visionmongers
Mitsubishi Electric
Apple
Please note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
What was the size of the global 3D mapping and modeling market in 2022?
What is the expected growth rate of the global 3D mapping and modeling market during 2023-2028?
What are the key factors driving the global 3D mapping and modeling market?
What has been the impact of COVID-19 on the global 3D mapping and modeling market?
What is the breakup of global 3D mapping and modeling market based on the component?
What is the breakup of global 3D mapping and modeling market based on the application?
What is the breakup of the global 3D mapping and modeling market based on the end use industry?
What are the key regions in the global 3D mapping and modeling market?
Who are the key players/companies in the global 3D mapping and modeling market?