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3D Mapping and Modeling Market (Type - 3D Modeling, and 3D Mapping; Application - Projection Mapping, Maps and Navigation, Texture Mapping, and Other Applications; End-user - Construction & Engineering, Media & Entertainment, Healthcare, and others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

  • Published : June, 2020

  • Rep Id : ICT1433

  • Category : Electronics, ICT and Semiconductors

  • Status : Published

A recent report published by Infinium Global Research on 3D mapping and modeling market provides an in-depth analysis of segments and sub-segments in the global as well as regional 3D mapping and modeling market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional 3D mapping and modeling market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast, and dollar values of the global 3D mapping and modeling market. According to the report, the global 3D mapping and modeling market is projected to grow at a CAGR of 44.58% over the forecast period of 2020-2026.

 

Market Insight

3D models are now widely used in a variety of industries. 3D mapping and modelling helps companies to design new products through the development of virtual prototypes. It is used across different verticals such as healthcare, construction, defense, aerospace, and automotive. Motion pictures, video games, architecture, construction, product development, medical, all these industries are using 3D models for visualizing, simulating and rendering graphic designs. 3D modeling in construction is widely gaining popularity due to the plethora of benefits it offers.

 

3D mapping and 3D modeling is increasingly used in various end-use industries such as automotive, healthcare, and construction. Many healthcare organizations are adopting 3D applications to diagnose cancer, which has led to increased demand for 3D modeling software. 3D mapping and modeling software is used to map human anatomy and helps in the modeling of surgeries. There are many 3D mapping and modeling software geared to the healthcare industry, and these are gaining demand. For instance, CARTO 3 is a 3D mapping system that helps electrophysiologists to make treatment decisions. Hence, the demand for 3D mapping is rising in the healthcare sector, thereby contributing to the growth of the market.

 

Furthermore, the growing use of 3D mapping in the construction sector is propelling the demand for the market. This is mainly due to the increased use of 3D mapping and modeling software for visualizing construction models, buildings, and sites before the actual processes are initiated. The development of smart cities in India and China is expected to boost the need for 3D mapping and modeling software. However, the high initial investment is affecting the growth of the market. Moreover, 3D modeling and mapping using mobile devices provide a significant growth opportunity for the market. 3D mapping and modeling are still gaining traction in mobile devices. Most mobile devices are not capable of rendering 3D images and terrain models quickly, as they consume a large amount of memory.

 

North America is the largest revenue making region in the global 3D mapping and 3D modelling market owing to the presence of large players in the region, such as Esri. Furthermore, the initiation of various government-associated programs such as the United States Geological Survey (USGS). USGS programs such as the 3D Elevation Program (3DEP) provide elevation data to determine exact contour lines, which are then used for creating topographical maps of the US. This is further contributing to the growth of the market in the North America region.

 

Segment Covered

The report on global 3D mapping and modeling market covers segments such as type, application, and end-user. On the basis of type, the sub-markets include 3D modeling, and 3D mapping. On the basis of application, the sub-markets include projection mapping, maps and navigation, texture mapping, and other applications. On the basis of end-user, the sub-markets include construction & engineering, media & entertainment, healthcare, and others.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Airbus SE, Bentley Systems, Dassault Systèmes, Alphabet Inc, Trimble Inc., Esri, Intermap Technologies, Vricon, Autodesk, Inc., and Others.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of 3D mapping and modeling market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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