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.
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.
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.
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.
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.
Please Choose One of them.