The 3D mapping and modeling market revenues were estimated at US$ 4.4 Billion in 2021 and are anticipated to grow at a CAGR of 13.8% from 2022-2032, according to a recently published FMI report. By the end of 2032, the market is expected to reach US$ 18.2 Billion. The software has applications in various industries that are adopting 3D mapping and modeling technologies.
Software tools 3D Mapping and Modeling held the largest share of the market and this trend is likely to be continued due to the predicted CAGR of 13.3% in the next ten years. Market growth is expected to be fueled by the growing demand for software tools of 3D mapping and modeling owing to its demand which was being driven by its utility in areas like IT, medical, and engineering.
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Key Takeaways from the Market Study
- The global 3D mapping and modeling market is expected to reach a market size of US$ 18.2 Billion by 2032.
- In 2022, the 3D mapping and modeling market value in the U.S. is estimated at US$ 1.8 Billion.
- Software tools of 3D mapping and modeling held the largest share in the market.
- Cloud deployment of 3D mapping and modeling is expected to show the highest potential for growth among the deployment modes. It is expected to grow at a rate of about 13% from 2022 – 2032.
- S., being the key market is expected to hold a prominent market share and grow at a CAGR of 13.6% during 2022 – 2032.
“The execution of 3D mapping and modeling in virtual reality products in different ventures is expected to develop the clients’ interest which can catalyze the market ahead” – says Sudip Saha, Managing Director and Co-Founder at Future Market Insights.
Who is winning?
A number of regional and global players operate in this market. These companies compete based on the innovation of their products, their quality, their brand reputation, and their market presence in order to sell their products through various industries. A variety of strategies are being employed by companies to remain competitive.
- In Sept 2020, Autodesk announced Navisworks and BIM 360 Integration for Enhanced Coordination Workflows. Navisworks is one of the BIM solutions that serves design and construction users with the ability to completely review integrated models and data for enhanced control over project planning and outcomes.
- In Nov 2019, Trimble announced that its browser-based viewer Trimble Clarity is now offered as a stand-alone web application, which has been designed to simplify the visualization and navigation of 3D data.
Leading Key Players:
- Autodesk
- Golden Software
- Airbus
- Trimble
- Topcon
- Saab ab
- Bentley Systems
- Dassault Group
- Apple
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Get Valuable Insights into 3D Audio Market:
Future Market Insights, in its new offering, presents an unbiased analysis of the 3D Mapping and Modeling market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.
The study divulges compelling insights into the 3D Mapping and Modeling Market on the basis of Component (Software Tools, Services), by Deployment Mode (Cloud, On-premises), by Organization Size (SMEs, Large Enterprises), by Vertical (Retail and Consumer Goods, Engineering and Construction, Healthcare and Life Sciences, Transportation and Logistics, Government and Defence, Energy and Utilities, Media and Entertainment, Manufacturing, Others) across five regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).
Key Segments Covered in the 3D Mapping and Modeling Market Report
By Component:
- Software Tools
- 3D Mapping
- 3D Modeling
- Services
- Professional Services
- Managed Services
By Deployment Mode:
- Cloud
- On-premises
By Organization Size:
- SMEs
- Large Enterprise
By Vertical:
- Retail and Consumer Goods
- Engineering and Construction
- Healthcare and Life Sciences
- Transportation and Logistics
- Government and Defence
- Energy and Utilities
- Media and Entertainment
- Manufacturing
- Others (education, agricultural, automotive, and IT and telecom)
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan (APEJ)
- Japan
- The Middle East & Africa (MEA)
About Future Market Insights (FMI):
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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