According to new market research report "3DMapping and Modeling Market by Component (Software Tools and Services), 3D MappingApplication, 3D Modeling Application, Vertical (Government and Defense,Engineering and Construction, Transportation and Logistics), and Region -Global Forecast to 2025",the 3D Mapping and Modeling Marketsize to grow from USD 3.8 billion in 2020 to USD 7.6 billion by 2025, at aCompound Annual Growth Rate (CAGR) of 15.0% during the forecast period.
The major factors driving the growth of the 3D mapping andmodeling market are the high demand for 3D animation in mobile applications,games, and movies for the enhanced viewing experience, technologicaladvancements in 3D scanners, 3D sensors, and other acquisition devices,increasing availability of 3D content, and the advent of 3D-enabled displaydevices for better navigation experience. Furthermore, the emergence of AI andMachine Learning (ML) technologies to boost the 3D content accuracy and HD 3Dviewing customer experience are expected to provide opportunities forenterprises operating across several verticals in the 3D mapping and modelingmarket.
Browse and in-depth TOC on“3D Mapping and Modeling Market”
321 –Tables
55 - Figures
327 – Pages
Download PDF@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=819
The services segment to record the higher growth rate during the forecastperiod
On the basis of components, the 3D mapping and modeling marketis segmented into software tools and services. The services are segmented togrow at a higher rate during the forecast period. The services play a vitalrole in the functioning of 3D mapping and modeling market as the vendorsrequire technical support services and consulting services to manage the effectivedeployment of these software tools. The services ensure faster and smootherimplementation that maximizes the value of enterprise investments. They are anintegral step in deploying technology software and are taken care of bysoftware tool and service providers. These services ensure the end-to-enddeployment and maintenance of 3D mapping and modeling software tools andaddress pre-and post-deployment queries as well. These services help companiesplan and strategize operations through design, implementation, adoption, andtraining.
The reporting and virtualization segment to record the highestCAGR during the forecast period
In the 3D mapping and modeling market by 3D mapping application,the reporting and virtualization segment is expected to record the highest CAGRduring the forecast period. The 3D mapping and modeling market is segmented onthe basis of 3D mapping applications such as, inspection and measurement,object reconstruction, projection and navigation, virtualization, and others(disaster, infrastructure, asset, and property management). Increasing demandfor better visualization of 3D content to drive the growth of reporting andvirtualization applications. Virtualization is the process by which graphicalcontent is created using 3D software. The technology is being adopted byorganizations to produce high-quality digital content. It helps 3D artistscreate spectacular visualizations that can be used in any industry. Real-timevitalization achieved via 3D mapping enables customers to better understand thedesigns and models.
Request Bundle Report@ https://www.marketsandmarkets.com/RequestBundleReport.asp?id=819
North America to hold the largest market size duringthe forecastperiod
North America is expected to hold the largest market size in theglobal 3D mapping and modeling market during the forecast period. The keyfactor favoring the growth of the 3D mapping and modeling market in NorthAmerica is the increasing demand for the enhanced customer viewing experienceto strengthen customer retention initiatives. Europe is expected to be in thesecond position in terms of market size and market share during the forecastperiod. The growing demand to reduce enterprise workloads related to internaland external communication monitoring is boosting the adoption of 3D mappingand modeling software tools in Europe. APAC is expected to record the fastestgrowth rate during the forecast period. The 3D mapping and modeling market isexpected to witness considerable developments and adoption of software toolsacross APAC during the forecast period. The increasing number of players acrossdifferent regions is further expected to drive the 3D mapping and modelingmarket.
Key and emerging 3D Mapping and Modeling Marketplayers include Autodesk (US), Saab AB (Sweden), Golden Software (US), Trimble(US), Bentley Systems (US), Alphabet (US), Intermap Technologies (US), Airbus(The Netherlands), Esri (US), CyberCity 3D (US), Topcon (Japan), DassaultSystèmes (France), Adobe (US), Pix4D (Switzerland), Pixologic (US), FlightEvolved (US), MAXON (Germany), Onionlab (Spain), The Foundry Visionmongers(UK), Mitsubishi Electric (Japan), Apple (US), WRLD (UK), GeoDigital (US),GeoSLAM (UK), Mapbox (US), DeepMap (US), Civil Maps (US), Hivemapper (US), Ivl5(US), Shapr3D (Hungary), Innersight (UK), Astrivis (Switzerland), Pointivo(US), and Dynamic Map Platform (Japan).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000high growth niche opportunities/threats which will impact 70% to 80% ofworldwide companies’ revenues. Currently servicing 7500 customers worldwideincluding 80% of global Fortune 1000 companies as clients. Almost 75,000 topofficers across eight industries worldwide approach MarketsandMarkets™ fortheir painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ aretracking global high growth markets following the "Growth Engagement Model– GEM". The GEM aims at proactive collaboration with the clients toidentify new opportunities, identify most important customers, write"Attack, avoid and defend" strategies, identify sources ofincremental revenues for both the company and its competitors. MarketsandMarkets™now coming up with 1,500 MicroQuadrants (Positioning top players acrossleaders, emerging companies, innovators, strategic players) annually in highgrowth emerging segments. MarketsandMarkets™ is determined to benefit more than10,000 companies this year for their revenue planning and help them take theirinnovations/disruptions early to the market by providing them research ahead ofthe curve.
MarketsandMarkets’s flagship competitive intelligence and marketresearch platform, "Knowledgestore" connects over 200,000 markets andentire value chains for deeper understanding of the unmet insights along withmarket sizing and forecasts of niche markets.
Contact:
Mr.Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/3d-mapping.asp
Report: https://www.marketsandmarkets.com/Market-Reports/3d-mapping-market-819.html
