The global 3D mapping and modeling market size reached US$ 6.6 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 17.1 Billion by 2028, exhibiting a growth rate (CAGR) of 17.17% during 2023-2028. The rising application in the media and entertainment industry, increasing adoption in the construction sector, and the introduction of 3D-enabled devices represent some of the key factors driving the market.
Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. The market structure is fragmented with the presence of numerous small and large manufacturers in the industry. The volume of new entrants is moderate in the 3D mapping and modeling industry due to the low production differentiation, high installation costs, and the requirement of economies of scale.
Rising Demand in Media and Entertainment Industry Augmenting Market Growth
The rising demand in the media and entertainment industry currently represents one of the primary factors propelling 3D mapping and modeling market growth. Additionally, the increasing popularity of 3D modeling for merging 3D effects in animated movies is propelling the growth of the market. Besides this, there is a wide availability of 3D modeling products and solutions that assist in creating realistic 3D models and special effects for animation and movies. In addition, the entertainment industry is rapidly adopting visual effects (VFX) technology for creating visually enhanced imagery with the help of animation and computer graphics.Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. The market structure is fragmented with the presence of numerous small and large manufacturers in the industry. The volume of new entrants is moderate in the 3D mapping and modeling industry due to the low production differentiation, high installation costs, and the requirement of economies of scale.
What is 3D Mapping and Modeling?
Three-dimensional (3D) mapping refers to a computer-generated, highly realistic virtual representation of an area and objects. It comprises a photogrammetry technique that offers greater efficiency in the horizontal direction and laser scanning for precision in the vertical direction. It utilizes objects as a surface as compared to screens and creates an interactive display. It assists in eliminating inconsistencies and enhancing the accuracy of mapping products. On the other hand, three-dimensional (3D) modeling refers to the process of creating a mathematical representation of a 3D object or shape through software. It is widely utilized for visualizing and rendering graphic designs for a specific purpose. It aids in improving drawing efficiency and accuracy and allows designers to physically see an object from all perspectives. It is also beneficial during the design phase and can potentially avoid costly construction problems. As a result, 3D mapping and modeling are widely employed in the construction, transportation, automobile, entertainment, and healthcare industries across the globe.COVID-19 Impact:
The COVID-19 pandemic outbreak has caused severe problems for various industries and imposed unprecedented challenges on numerous countries. Production activities were slowed down due to the imposition of lockdowns and shutdowns all over the world. However, the lockdown has shown a positive impact on the growth of the 3D modeling and mapping market in the healthcare industry. The introduction of graphical information system (GIS) technology has offered an enhanced descriptive, predictive, and prescriptive stage of combating COVID-19. In addition to this, a 3D model of the surface of the coronavirus has been developed by a company and is available free for scientists for additional research and treatments. Apart from this, governing agencies of numerous countries encouraged the adoption of 3D mapping and modeling in research facilities, which has positively influenced the market during the Covid-19 pandemic.3D Mapping and Modeling Market Trends:
At present, the rising demand for 3D mapping and modeling solutions in the defense and military sector for improving geospatial intelligence, broad area mapping, and continuously monitoring surveillance programs represents one of the key factors supporting the growth of the market. Besides this, the growing utilization of 3D mapping technology for analyzing ventilation, visibility, and sunlight distribution between buildings is offering a positive market outlook. Additionally, the increasing adoption of 3D mapping and modeling in topographic mapping and the development of smart cities is propelling the growth of the market. Apart from this, the rising demand for 3D mapping and modeling in the media and entertainment industry to create animated movies and enhance the visual experience of individuals is offering lucrative growth opportunities to industry investors. In addition, the introduction of various 3D-enabled devices, such as 3D scanners, sensors, gaming consoles, smartphones, TV displays, and desktops across the globe, is contributing to the growth of the market. Furthermore, the rising demand for 3D mapping and modeling in the healthcare industry during surgeries to map the human anatomy is strengthening the market growth.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global 3D mapping and modeling market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on component, application and end-use industry.Component Insights:
- 3D Mapping
- 3D Modeling
Application Insights:
- Projection Mapping
- Texture Mapping
- Maps and Navigation
- Others
End-Use Industry Insights:
- Construction Industry
- Transportation Industry
- Automobile Industry
- Entertainment Industry
- Healthcare Industry
- Others
Regional Insights:
- North America
- Europe
- Asia Pacific
Middle East and Africa
- Latin America
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global 3D mapping and modeling market. Some of the companies covered in the report include:- 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
Key Questions Answered in This Report:
- What was the size of the global 3D mapping and modeling market in 2022?
- What is the expected growth rate of the global 3D mapping and modeling market during 2023-2028?
- What are the key factors driving the global 3D mapping and modeling market?
- What has been the impact of COVID-19 on the global 3D mapping and modeling market?
- What is the breakup of global 3D mapping and modeling market based on the component?
- What is the breakup of global 3D mapping and modeling market based on the application?
- What is the breakup of the global 3D mapping and modeling market based on the end use industry?
- What are the key regions in the global 3D mapping and modeling market?
- Who are the key players/companies in the global 3D mapping and modeling market?
Frequently Asked Questions about the Global 3D Mapping and Modeling Market
What is the estimated value of the Global 3D Mapping and Modeling Market?
What is the growth rate of the Global 3D Mapping and Modeling Market?
What is the forecasted size of the Global 3D Mapping and Modeling Market?
Who are the key companies in the Global 3D Mapping and Modeling Market?
Report Attribute | Details |
---|---|
No. of Pages | 138 |
Published | May 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 6.6 Billion |
Forecasted Market Value ( USD | $ 17.1 Billion |
Compound Annual Growth Rate | 17.2% |
Regions Covered | Global |
No. of Companies Mentioned | 19 |
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global 3D Mapping and Modeling Market
6 Market Breakup by Component
7 Market Breakup by Application
8 Market Breakup by End-Use Industry
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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 and Apple
Methodology
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