The 3D mapping and modelling market in APAC is expected to grow from US$ 973.66 million in 2020 to US$ 3,266.40 million by 2028; it is estimated to grow at a CAGR of 16.5% from 2021 to 2028. Growth in the adoption of cloud solutions for high scalability and flexibility is bolstering the growth of the market. The cloud computing has been driving the transformation of modern workplaces in all major industries, such as retail, construction, manufacturing, logistics, media, and entertainment, by enhancing security and delivering high scalability and flexibility, and thus accelerating the development of innovative solutions and services for enhanced end user experience. In addition, cloud-based solutions facilitate easy scalability, lower operating costs, high operational flexibility, faster visibility, and updates to enterprises while reducing costs and operational risks. The continuously evolving cloud architectures and integration of advanced features in cloud solutions are further fueling the adoption of these solutions in diverse end-use industries. Cloud deployment is also an attractive option for companies due to benefits such as need-basis payment, regular data backup, high security, fast updates, comparatively low capital & operations costs, and instant provisioning features provided by these solutions. Moreover, the complex and high installation and maintenance costs associated with the on-premise solutions are further driving companies to adopt cloud-based solutions. Thus, scalability, easy deployment, operational flexibility, high security level, and affordability are the key factors that are expected to propel the adoption of cloud-based 3D mapping and modelling solutions among enterprises in the coming years, which would further drive the demand for 3D mapping and modelling during the forecast period.
Due to the COVID-19 outbreak, APAC is witnessing a huge economic challenge. The region is characterized by the presence of various developing countries, high industrial growth, positive economic outlook, and large population. Moreover, logistics is one of the prominent industries in Asian economy due to rising e-commerce. As government are imposing lockdowns, and travel and trade bans measures to reduce the spread of the novel coronavirus. These measures are disrupting the operations in manufacturing, construction, logistics, and other industries. Thus, slowdown of major industries in APAC is subsequently affecting the adoption of 3D mapping and modelling tools, which, in turn is hindering the market growth in APAC.
Based on organization type, the software tools segment led the 3D mapping and modelling market in 2020. The software tools allow individuals to generate 3D maps and models. Owing to increasing adoption of animated content and 3D software tools coupled with growing gaming industry, 3D maps and models are experiencing significant adoption across various industries. Further, the deployment of visual content for marketing and promotional activities is among the other factors fueling the growth of the APAC 3D mapping and modelling market for software tools segment.
The overall APAC 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 APAC 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 APAC 3D mapping and modelling market. Pix4D SA, Maxon Computer GmbH, WRLD, Mapbox, GeoSLAM, Astrivis, DeepMap, Civil Maps, Dynamic Map Platform Co., Ltd. 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
Due to the COVID-19 outbreak, APAC is witnessing a huge economic challenge. The region is characterized by the presence of various developing countries, high industrial growth, positive economic outlook, and large population. Moreover, logistics is one of the prominent industries in Asian economy due to rising e-commerce. As government are imposing lockdowns, and travel and trade bans measures to reduce the spread of the novel coronavirus. These measures are disrupting the operations in manufacturing, construction, logistics, and other industries. Thus, slowdown of major industries in APAC is subsequently affecting the adoption of 3D mapping and modelling tools, which, in turn is hindering the market growth in APAC.
Based on organization type, the software tools segment led the 3D mapping and modelling market in 2020. The software tools allow individuals to generate 3D maps and models. Owing to increasing adoption of animated content and 3D software tools coupled with growing gaming industry, 3D maps and models are experiencing significant adoption across various industries. Further, the deployment of visual content for marketing and promotional activities is among the other factors fueling the growth of the APAC 3D mapping and modelling market for software tools segment.
The overall APAC 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 APAC 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 APAC 3D mapping and modelling market. Pix4D SA, Maxon Computer GmbH, WRLD, Mapbox, GeoSLAM, Astrivis, DeepMap, Civil Maps, Dynamic Map Platform Co., Ltd. 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 APAC 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 APAC 3D mapping and modelling market
- Efficiently plan M&A and partnership deals in APAC 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 APAC 3D Mapping and Modelling Market
- Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.
Table of Contents
1. Introduction
3. Research Methodology
4. APAC 3D Mapping and Modelling Market Landscape
5. APAC 3D Mapping and Modelling Market - Key Market Dynamics
6. 3D Mapping and Modelling Market - APAC Analysis
7. APAC 3D Mapping and Modelling Market Analysis - By Component
8. APAC 3D Mapping and Modelling Market - By 3D Mapping Application
9. APAC 3D Mapping and Modelling Market - By 3D Modelling Application
10. APAC 3D Mapping and Modelling Market - By Deployment Type
11. APAC 3D Mapping and Modelling Market - By Organization Size
12. APAC 3D Mapping and Modelling Market - By Vertical
13. 3D Mapping and Modelling Market - Country Analysis
14. APAC 3D Mapping and Modelling Market- COVID-19 Impact Analysis
15. APAC 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
- WRLD
- GeoSLAM
- Mapbox
- DeepMap
- Civil Maps
- Dynamic Map Platform Co., Ltd
- Alphabet Inc.
- Esri
- Autodesk, Inc.
- The Foundry Visionmongers Limited
- Trimble Inc
- SaaB AB
- Adobe
- Mitsubishi Electric Corporation
- Topcon Corporation
- Apple Inc
Table Information
Report Attribute | Details |
---|---|
Published | May 2021 |
Forecast Period | 2020 - 2028 |
Estimated Market Value ( USD | $ 973.66 Million |
Forecasted Market Value ( USD | $ 3266.4 Million |
Compound Annual Growth Rate | 16.5% |
Regions Covered | Asia Pacific |