3D Mapping And Modeling Global Market Report 2024

3D Mapping And Modeling Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on 3d mapping and modeling market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
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• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for 3d mapping and modeling? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The 3d mapping and modeling market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Type: 3D Mapping; 3D Modeling
• 2) By Component: Software Tools; Services
• 3) By Application: Projection Mapping; Maps And Navigation; Texture Mapping; Other Applications
• 4) By End User: Building And Construction; Healthcare; Automotive; Defense; Gaming And Application; Entertainment; Other End User
• Companies Mentioned: Vricon; Airbus SE; Autodesk Inc.; Bentley Systems Inc.; Trimble Inc.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

3D mapping and modeling involve the creation of a three-dimensional representation of an object through specialized software. This process utilizes coordinate data to pinpoint the horizontal and vertical positions relative to a reference point.

The primary categories within 3D mapping and modeling are 3D mapping and 3D modeling. 3D mapping provides a realistic portrayal of an area, valuable for local governments and planners. It is employed to profile objects in three dimensions, utilizing advanced visualization and information acquisition techniques. Key components of 3D mapping and modeling include software tools and services applied in projection mapping, maps and navigation, texture mapping, among other applications. These technologies find applications across various industries, including building and construction, healthcare, automotive, defense, gaming and application development, entertainment, and other end-user sectors.

The 3D mapping and modeling market research report is one of a series of new reports from The Business Research Company that provides 3D mapping and modeling market statistics, including 3D mapping and modeling industry global market size, regional shares, competitors with a 3D mapping and modeling market share, detailed 3D mapping and modeling market segments, market trends and opportunities, and any further data you may need to thrive in the 3D mapping and modeling industry. This 3D mapping and modeling market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The 3d mapping and modeling market size has grown rapidly in recent years. It will grow from $6.83 billion in 2023 to $8.06 billion in 2024 at a compound annual growth rate (CAGR) of 18.0%. The growth observed in the historical period can be attributed to factors such as urbanization and infrastructure development, a surge in aerial and satellite imagery, increased applications in geographic information systems (GIS), cultural heritage preservation, adoption by the entertainment and gaming industry, and the utilization of 3D mapping and modeling in precision agriculture.

The 3d mapping and modeling market size is expected to see rapid growth in the next few years. It will grow to $15.66 billion in 2028 at a compound annual growth rate (CAGR) of 18.0%. The anticipated growth in the forecast period can be attributed to advancements in computer graphics, the continual increase in data processing capabilities, the expansion of smart cities initiatives, the global growth of e-commerce and logistics, and the rising applications in security and defense. Major trends expected in the forecast period include the integration of LiDAR technology, the adoption of drone-based 3D mapping, the utilization of remote sensing technologies, the adoption of the digital twin concept, the incorporation of big data analytics, and the use of open-source mapping tools.

The increasing accessibility of 3D content stands as a driving force behind the expansion of the 3D mapping and modeling market. 3D content creation involves crafting solid objects measurable across three distinct dimensions - typically height, length, and width. As the demand for 3D content experiences a surge, a parallel escalation in the demand for 3D mapping and modeling is anticipated. This specialized process involves generating three-dimensional representations of objects through dedicated software. For instance, according to a 2022 3D printing trend report by Hubs, a company based in the Netherlands offering diverse manufacturing services, 68% of engineering companies increased their utilization of 3D printing in 2021 compared to the previous year. Consequently, the increased accessibility of 3D content is poised to steer the trajectory of the 3D mapping and modeling market.

The burgeoning construction sector is expected to propel the advancement of the 3D mapping and modeling market. The construction industry encompasses a broad spectrum of activities encompassing the planning, design, execution, renovation, and upkeep of physical structures and infrastructure. Within construction, 3D mapping and modeling play a pivotal role in augmenting efficiency, precision, and collaboration across the project lifecycle. These tools empower stakeholders to make informed decisions, mitigate risks, and contribute to the successful completion of construction ventures. For instance, as per reports shared by the United States Census Bureau in September 2023, the collective value of residential and non-residential construction in the US soared by over 8% from 2020 to 2021. Additionally, according to Oxford Economics' reports in September 2021, global construction output in 2020 reached US$10.7 trillion, with projections indicating a significant surge of approximately 42%, an addition of US$4.5 trillion, potentially reaching US$15.2 trillion by 2030. Hence, the expanding construction industry is anticipated to drive the 3D mapping and modeling market forward.

Technological advancements stand out as the prominent trend gaining traction within the 3D mapping and modeling market. Major enterprises operating in this domain prioritize the development of novel technological solutions integrating augmented reality (AR) to fortify their market presence. Augmented reality merges textual, visual, auditory, and other virtual elements with real-world objects in real-time. For example, in April 2022, Nextech, a Canada-based metaverse company specializing in augmented reality solutions, spatial mapping, and 3D models, unveiled its AR Spatial Mapping platform known as ARitize Maps. This platform serves as a comprehensive tool for constructing the Metaverse, representing the first end-to-end Metaverse mapping solution for both consumers and businesses. Its features include augmented reality mapping, localization, simplified drag-and-drop of AR content, navigation capabilities, and the ability to view user-generated 3D models within constructed maps, presenting innovative functionalities introduced with its launch.

Leading companies within the 3D mapping and modeling sector are pioneering innovative AI diffusion solutions, such as AI diffusion models, to transform content creation processes and elevate the functionality of metaverse applications. An AI diffusion model represents a generative model that acquires the ability to generate data by progressively introducing noise to a clear image and subsequently learning to eliminate that noise. For instance, in June 2023, Intel Corporation, a prominent US-based semiconductor corporation, introduced the Latent Diffusion Model for 3D (LDM3D), a potent generative AI model capable of crafting 360-degree images based on text prompts. This model boasts functionalities enabling the creation of 360-degree photos, provision of textual instructions, and generation of depth maps. Its attributes encompass realism, accuracy, speed, efficiency, simplicity, adaptability, and cost-effectiveness.

In December 2021, Bentley Systems, a US-based enterprise specializing in software development and infrastructure engineering solutions, acquired Seequent in an undisclosed deal. This acquisition complemented Seequent's existing geological modeling solutions and operational workflows by granting access to state-of-the-art geostatistics algorithms, cutting-edge technology, and valuable intellectual property (IP), enhancing its capacity to tackle intricate geospatial challenges. Seequent, also based in the US, specializes in providing geoscience analysis, modeling tools, and collaborative technologies.

Major companies operating in the 3d mapping and modeling market report are Vricon, Airbus SE, Autodesk Inc., Bentley Systems Inc., Trimble Inc., Intermap Technologies Corp., ESRI Inc., Cybercity 3D Inc., Topcon Positioning Systems Inc., Pixologic Inc., Alphabet Inc., Dassault Systemes SE, Adobe Inc., Pix4D SA, Nemetschek Group, Mitsubishi Electric Corporation, Apple Inc., Mapbox Inc., Saab AB, The Foundry Visionmongers Ltd., PTC Inc., Parrot Drone SAS, Delair Group, Artec Group, Blue Marble Geographics, ClearEdge3D Inc., DroneDeploy Inc., Eonite Perception Inc., Faro Technologies Inc., Verisk Analytics Inc.

North America was the largest region in the 3D mapping and modeling market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the 3d mapping and modeling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the 3d mapping and modeling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The 3D mapping and modeling market includes revenues earned by entities by s 3D projection mapping, GIS (geographic information system) mapping, and drone mapping and 3D modeling such as private modeling, polygonal modeling, rational b-spline modeling, non-uniform rational basis spline (NURBS). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.