3D Mapping and Modelling Market Overview, Industry Top Manufactures, Market Size, Growth Analysis and Forecast 2025

Posted June 19, 2021 by vynzresearch

The market size of 3D Mapping and Modelling was valued at $ 4.1 billion in 2020 and expected to grow at a CAGR of 18.2% during the forecast period 2020-2025 anticipated reaching $614.35 million in 2025.

The high demand for 3D animation in smartphone apps, games, and movies for improved viewing experience, technical developments in 3D scanners, 3D sensors, and other acquisition devices, the availability of 3D content, and the introduction of 3D-enabled display devices for better navigation experience are the key factors driving the growth of the 3D mapping and modelling industry. In addition, the advent of AI and Machine Learning (ML) technology to improve the accuracy of 3D content and user experience with HD 3D viewing is expected to create opportunities for companies operating in the 3D mapping and modelling industry across multiple verticals.

The 3D Mapping and Modelling can be referred to as a technology used to build 3D environments. It is a time-saving technique and allows to get a crisp view of the project, scenery, or building site from computer-generated files. A 3D model allows considering the material needs and the projected project costs for an architect. The technology assists in the simulation of the project’s prototype to grasp the organisation.

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The introduction of 4D technologies is expected to provide the demand for 3D mapping and modelling software tools with potential for expansion. The demand is expected to be fuelled by the increasing use of various 3D imaging technologies, such as AI, blockchain, and IoT, for video games and theatrical films.

The infrastructure for creating high-quality digital content is being embraced by organisations. It helps make amazing visualisations for 3D designers that can be used in any field. In order to map 3D structures and 3D content properly on the surface, 3D mapping technology is used. By 3D mapping, real-time vitalization accomplished helps clients to better interpret the designs and models. The technology of virtualization is becoming popular as it allows architects and engineers to move on their projects to customers. It also helps to trace their templates on the surface for creators, animators, sculptors, and other visual artists.

During the forecast period, APAC is anticipated to record the highest growth rate. It is anticipated that the adoption of 3D mapping and modelling technologies by various verticals, such as engineering and development, and government and defence, will lead to market growth in the APAC region.

AI has the ability to take the demand for 3D mapping into hyper-growth. AI technology will describe the data acquisition workflow that is necessary for 3D maps to be created.. AI innovations are also supposed to improve the precision of 3D maps. In addition, while creating maps from point-cloud data, AI solves the problems of operational downtime.

Some of the global 3D Mapping and Modelling market keyplayers are Autodesk (US), Golden Software (US), Trimble (US), Bentley Systems (US), Intermap Technologies (US), Alphabet (US), Saab AB (Sweden), Airbus (The Netherlands), Esri (US), Dassault Systèmes (France), Adobe (US), Apple (US), WRLD (UK), GeoDigital (US) and Mapbox (US).

Source: VynZ Research
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Last Updated June 19, 2021