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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.
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 Modelling Market Size
3D Mapping and Modelling Market Analysis
3D Mapping and Modelling Companies
*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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