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The global 3D mapping and modelling market is expected to grow at a CAGR of about 12.6% in the forecast period of 2024-2032.
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North America is expected to play a major role in the forecast period because the region has a significant automobile market driven by the large presence of key players and technologically advanced capabilities. The improved infrastructural spending brings more money into the economy, creating more demand for services and goods for customers, which will ultimately boost investments in increasing capacity in production facilities, retail stores, and office space. The increasing population trend is also adding to the expansion of the construction industry, particularly in the United States and, therefore, aiding the growth of the 3D mapping and modelling market. The huge volume of connected vehicles in the United States clearly outlines an evolving trend of connected cars, which is aiding the market growth in a proportionate way by increasing the need for better and improved navigation capacities.
3D mapping and 3D modelling can be described as the overall process involving 3D technology visualisation of the objects in the world. 3D mapping requires recording and recreating objects like terrains, buildings, and others in the environment. 3D mapping is primarily used in building planning, navigation, and other applications. 3D modelling is the mathematical development of physical structures with the assistance of specialised software. Such digitally generated 3D models are commonly used in media and entertainment industries, including films, games, and for visual representation for better comprehension.
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Based on the component, the market is divided into:
It finds applications in the following sectors:
The end-uses of 3D mapping and modelling include:
The regional markets for 3D mapping and modelling include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The demand for 3D mapping and modelling solutions has increased in the defence, military, and aerospace sectors. Such systems contribute to developing geospatial intelligence and to improve situational awareness across fields for ongoing tracking and surveillance projects, disaster management operations, and wide-area mapping. The rising demand for driver-less cars, metros, as well as other transport systems has led to the increased adoption of 3D mapping, and, thus, the 3D mapping and modelling industry is also expected to grow. The growth is also being boosted by the thriving demand for customised maps and open-source routing engines for navigation. Other factors for the market growth include the rising demand from the application sector due to the increasing use of 3D animation, games, and movies, and the introduction of 3D enabled display devices.
The 3D mapping and modelling industry is anticipated to be driven by the advancements and easy access to 3D equipment, including sensors, scanners as well as other GPS components. In addition, 3D geospatial data in existing mobile devices and smartphones is likely to boost the market growth in the coming years.
The report gives a detailed analysis of the following key players in the global for 3D mapping and modelling market, covering their market share, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Application |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
3D Mapping and Modelling Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global 3D mapping and modelling market is projected to witness a CAGR of 12.6% in the forecast period of 2024-2032.
The market is being driven by the growing demand of the product from the automobile, construction, and defence sectors, the rising infrastructural spending, technological advancements, the rising demand for customised maps, and convenient access to 3D equipment.
In the coming years, the market is expected to be defined by the rising adoption of driver-less cars, metros, and other transport systems, along with the increasing demand for 3d geospatial data in smartphones and other devices.
North America is expected to hold a significant share in the market in the coming years.
The major players in the industry are Vricon, Autodesk Inc., Bentley Systems, Incorporated, Trimble Inc., Intermap Technologies, Inc, and others.
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