The 3D mapping and modelling market in Europe is expected to grow from US$ 1,136.98 million in 2020 to US$ 3,236.65 million by 2028; it is estimated to grow at a CAGR of 14.1% from 2021 to 2028. Rising demand for 3D animation is bolstering the growth of the market. Owing to the incremental advancement in processing power of microprocessors, especially for graphical applications, the previous decade witnessed a significant deployment of 3D content. Initially, 3D contents were limited to videos; however, the technological advancements in displays and chips have led to the deployment of 3D content in application, software, and games to deliver enhanced user experience. Game and software developers are leveraging various 3D mapping and modelling tools to deliver enhanced visual and user experience for their customers. Further, the COVID-19 pandemic has fueled the gaming industry as masses were confined to follow social distancing, which subsequently resulted in increasing number of gamers. Therefore, game developers such as Activision Blizzard and Electronic Arts witnessed greater year-over-year revenues and higher market penetration than ever before. Moreover, affordable prices of smartphones and internet coupled with the enhanced graphic processing power of smartphones are among the other factors, which is driving the growth of the 3D mapping and modelling market in Europe. The growing adoption of smartphone devices across Europe has flourished the mobile gaming industry, which is driving the growth of the market.
Italy, the UK, Russia, France, and Germany are among the worst affected economies in Europe due to the COVID-19 outbreak. The region is facing severe financial crisis as businesses had to either reduce their activities in a substantial manner or suspend their operations. Moreover, the pandemic has resulted into closure of tech giants and various industrial sectors, which, in turn, has obstructed the company’s investment decision on different software. Europe is a major industrial hub for various sectors, such as machinery equipment, manufacturing, and logistics. However, due to business lockdowns, travel bans, and supply chain disruptions, the above-mentioned industries witnessed decline in activities as well as the region is anticipated to witness an economic slowdown in 2021. All these factors restrain the growth of the 3D mapping and modelling market in Europe.
Based on organization type, the large enterprises led the 3D mapping and modelling market in 2020. Organizations with more than 500 employees are categorized as large enterprises. Large enterprises have their clients across several regions, and they account for high market shares, technical capabilities, and effective business strategies. These enterprises mostly invest in innovative and latest technologies to operate their business effectively. With the growing capabilities of 3D mapping and modelling tools across various industries, the adoption of these tools has gained significant traction over the past few years. Large enterprises are using various designing tools, such as 3D mapping and modelling tools, for advertisement and various data representation and communication applications, which is ultimately driving the 3D mapping and modelling market in Europe.
The overall Europe 3D mapping and modelling market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the Europe 3D mapping and modelling market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Europe 3D mapping and modelling market. Pix4D SA, Pixologic, Inc., Flight Evolved, Onionlab, Maxon Computer GmbH, WRLD, Mapbox, GeoSLAM, Astrivis, DeepMap, Civil Maps, Hivemapper Inc., Dynamic Map Platform Co., Ltd, Bentley Systems Incorporated, Alphabet Inc., Esri, Autodesk, Inc., Intermap Technologies, The Foundry Visionmongers Limited, Trimble Inc SaaB AB, Dassault Systèmes SE, Adobe, Mitsubishi Electric Corporation, Topcon Corporation, and Apple Inc are among the leading companies operating in the market
Reasons to Buy
Italy, the UK, Russia, France, and Germany are among the worst affected economies in Europe due to the COVID-19 outbreak. The region is facing severe financial crisis as businesses had to either reduce their activities in a substantial manner or suspend their operations. Moreover, the pandemic has resulted into closure of tech giants and various industrial sectors, which, in turn, has obstructed the company’s investment decision on different software. Europe is a major industrial hub for various sectors, such as machinery equipment, manufacturing, and logistics. However, due to business lockdowns, travel bans, and supply chain disruptions, the above-mentioned industries witnessed decline in activities as well as the region is anticipated to witness an economic slowdown in 2021. All these factors restrain the growth of the 3D mapping and modelling market in Europe.
Based on organization type, the large enterprises led the 3D mapping and modelling market in 2020. Organizations with more than 500 employees are categorized as large enterprises. Large enterprises have their clients across several regions, and they account for high market shares, technical capabilities, and effective business strategies. These enterprises mostly invest in innovative and latest technologies to operate their business effectively. With the growing capabilities of 3D mapping and modelling tools across various industries, the adoption of these tools has gained significant traction over the past few years. Large enterprises are using various designing tools, such as 3D mapping and modelling tools, for advertisement and various data representation and communication applications, which is ultimately driving the 3D mapping and modelling market in Europe.
The overall Europe 3D mapping and modelling market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the Europe 3D mapping and modelling market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Europe 3D mapping and modelling market. Pix4D SA, Pixologic, Inc., Flight Evolved, Onionlab, Maxon Computer GmbH, WRLD, Mapbox, GeoSLAM, Astrivis, DeepMap, Civil Maps, Hivemapper Inc., Dynamic Map Platform Co., Ltd, Bentley Systems Incorporated, Alphabet Inc., Esri, Autodesk, Inc., Intermap Technologies, The Foundry Visionmongers Limited, Trimble Inc SaaB AB, Dassault Systèmes SE, Adobe, Mitsubishi Electric Corporation, Topcon Corporation, and Apple Inc are among the leading companies operating in the market
Reasons to Buy
- To understand the Europe 3D mapping and modelling market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe 3D mapping and modelling market
- Efficiently plan M&A and partnership deals in Europe 3D mapping and modelling market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe 3D Mapping and Modelling Market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.
Table of Contents
1. Introduction
3. Research Methodology
4. Europe 3D Mapping and Modelling Market Landscape
5. Europe 3D Mapping and Modelling Market - Key Market Dynamics
6. 3D Mapping and Modelling Market - Europe Analysis
7. Europe 3D Mapping and Modelling Market Analysis - By Component
8. Europe 3D Mapping and Modelling Market - By 3D Mapping Application
9. Europe 3D Mapping and Modelling Market - By 3D Modelling Application
10. Europe 3D Mapping and Modelling Market - By Deployment Type
11. Europe 3D Mapping and Modelling Market - By Organization Size
12. Europe 3D Mapping and Modelling Market - By Vertical
13. Europe 3D Mapping and Modelling Market - Country Analysis
14. Europe 3D Mapping and Modelling Market- COVID-19 Impact Analysis
15. 3D Mapping and Modelling Market-Industry Landscape
16. Company Profiles
17. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Pix4D SA
- Maxon Computer GmbH
- Onionlab
- WRLD
- GeoSLAM
- Mapbox
- Civil Maps
- Shapr3D Zrt
- Innersight Labs Ltd
- Astrivis
- Bentley Systems Incorporated
- Alphabet Inc.
- Esri
- Autodesk, Inc.
- Airbus S.A.S.
- Intermap Technologies
- The Foundry Visionmongers Limited
- Trimble Inc
- SaaB AB
- Dassault Systèmes SE
- Adobe
- Mitsubishi Electric Corporation
- Topcon Corporation
- Apple Inc
Table Information
Report Attribute | Details |
---|---|
Published | May 2021 |
Forecast Period | 2020 - 2028 |
Estimated Market Value ( USD | $ 1136.98 Million |
Forecasted Market Value ( USD | $ 3236.65 Million |
Compound Annual Growth Rate | 14.1% |
Regions Covered | Europe |