3D Mapping and Modeling Market 2023-2028: Business Growth Status, Top Leading Players Analysis, and Forecast

PRESS RELEASE

Published April 4, 2023

According to the recent report by IMARC Group, titled “3D Mapping and Modeling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global 3D mapping and modeling market size reached US$ 6.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.1 Billion by 2028, exhibiting a growth rate (CAGR) of 17.17% during 2023-2028. 3D mapping refers to a three-dimensional, mathematically defined, computer-generated, and highly realistic virtual representation of an area and the objects within. Some of the most frequently used three-dimensional mapping techniques comprise photogrammetry, offers greater efficiency in the horizontal direction and laser scanning, which provide precision in the vertical direction. 3D mapping models aid in reducing inconsistencies and improving the accuracy of mapping products. As a result, it is one of the fastest growing design solutions used in a variety of sectors for simulating, visualizing, and rendering graphic designs.

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Global 3D Mapping and Modeling Market Demand:

The escalating demand for three-dimensional solutions, particularly in the defense, military, and aerospace sectors, is primarily augmenting the 3D mapping and modeling market. Furthermore, the rising usage of these systems assists in improving geospatial intelligence and enhancing situational awareness across domains for continuous monitoring and surveillance programs, crisis intervention activities, and broad area mapping is positively influencing the global market. Apart from this, the increasing utilization of three-dimensional mapping technology helps in analyzing ventilation, visibility, and sunlight distribution between buildings is also bolstering the market growth. Moreover, the widespread adoption of 3D solutions, as it provides shapes and dimensions of landscape features and architecture of an area and allows easy handling of massive data, is further catalyzing the global market. Besides this, the growing popularity of this technology in topographic mapping and for the development of smart cities is also driving the market growth. Additionally, the inflating focus of leading organizations on product innovations and strategic mergers and acquisitions to increase their profitability and expand market presence is expected to drive the 3D mapping and modeling market in the coming years.

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Competitive Landscape with Key Players:

The report has also analysed the competitive landscape of the market with some of the key players being:

Vricon
Airbus
Autodesk
Bentley Systems
Alphabet
Trimble
Intermap Technologies
Esri
CyberCity 3D
Topcon
Dassault Systèmes
Adobe
Pix4D
Pixologic, Inc.
Flight Evolved
MAXON
Onionlab
The Foundry Visionmongers
Mitsubishi Electric
Apple

Breakup by Component:

3D Mapping
3D Modeling

Breakup by Application:

Projection Mapping
Texture Mapping
Maps and Navigation
Others

Breakup by End-Use Industry:

Construction Industry
Transportation Industry
Automobile Industry
Entertainment Industry
Healthcare Industry
Others

Breakup by Region:

North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

Market Performance
Market Outlook
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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