The 3D mapping and modelling market size is projected to reach US$ 18.93 billion by 2031 from US$ 5.17 billion in 2023. The market is expected to register a CAGR of 17.60% during 2023–2031. The integration of 3D modelling solutions with artificial intelligence and machine learning is likely to remain key trends in the market.
The rising need for 3D animation, technical developments in 3D scanning equipment, surged demand for 3D content, and an increase in 3D display devices are some of the main drivers driving the worldwide 3D mapping and modelling market. Furthermore, the increasing use and integration of technologies like artificial intelligence and machine learning in 3D mapping and modelling software to improve the accuracy of 3D content is fuelling market expansion. All of these reasons are expected to provide sufficient development possibilities for market participants throughout the forecast period.
3D mapping and modelling platforms enable users to create basic three-dimensional models and maps of items and locations. These technologies also aid in the visualization, questioning, analysis, and interpretation of geographical/location data, allowing users to grasp the links, patterns, and trends between various factors in order to solve real-world business challenges. Businesses and individuals worldwide utilize 3D mapping and modelling technologies to enhance operations, increase efficiency, and maximize resource utilization by identifying problem areas and elements that require change. These tools are commonly used in land-centric businesses such as engineering and construction, manufacturing, transportation and logistics, and many others for field service management, floor management, asset management, and inventory management applications. 3D tools are also utilized for building/architecture and civil engineering design applications. Lidar, Sonar, Radar, and Photogrammetry are some of the most common 3D mapping techniques, and 3D modelling can comprise wireframe, surface, and solid modelling.
There is a growing need for 3D visualization in several industries. The use of visual effects technology (VFX) in films, the usage of 3D mobile apps and gaming, and the rising trend of digital marketing are all contributing to the growth of the 3D mapping and modelling market. For instance, the gaming business uses 3D visualization to create immersive experiences using 3D game materials, characters, and locations. The marketing and retail industries employ 3D visualization for prototyping, developing visuals for campaigns, and improving consumer experiences. Moreover, 3D visualization is essential in healthcare for applications including medical imaging, surgical planning, and patient education.
Augmented Reality (AR) and Virtual Reality (VR) technologies are rapidly expanding and being implemented in a variety of sectors. These technologies use 3D models to create immersive digital experiences that change the way users interact with the world around them. AR facilitates the actual world by incorporating digital components such as photos, videos, and text into physical surroundings. It enables the overlay of digital information on real-world things, improving our perception and knowledge of the environment. VR, on the other hand, creates completely virtual experiences by transferring users to digitally created surroundings. It develops immersive simulations that may be utilized for teaching, entertainment, and other purposes.
Key segments that contributed to the derivation of the 3D mapping and modelling market analysis are deployment mode, organization size, component, 3D mapping application, 3D modelling application, and vertical.
The geographic scope of the 3D mapping and modelling market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America dominated the 3D Mapping and Modelling market in 2023. This dominance can be attributed to the region's developing ecosystem of tech-driven companies. Construction, urban planning, and driverless cars all benefit from the usage of 3D mapping and modelling technology. Moreover, North America is home to key companies in 3D mapping and modelling, including Autodesk, Trimble, Inc., and Bentley Systems, among others. The existence of these firms, together with their experience and resources, adds to the region's market supremacy.
The regional trends and factors influencing the 3D Mapping and Modelling Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses 3D Mapping and Modelling Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 5.17 Billion |
Market Size by 2031 | US$ 18.93 Billion |
Global CAGR (2023 - 2031) | 17.60% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Deployment Mode
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The 3D Mapping and Modelling Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the 3D Mapping and Modelling Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The 3D mapping and modelling market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the 3D Mapping and Modelling market are listed below:
The “3D Mapping and Modelling Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
North America dominated the 3D mapping and modelling market in 2023.
The rising need for 3D animation, technical developments in 3D scanning equipment, surged demand for 3D content, and an increase in 3D display devices are some of the main drivers driving the worldwide 3D mapping and modelling market.
The integration of 3D modelling solutions with artificial intelligence and machine learning is likely to remain key trends in the market.
Autodesk, Saab AB, Golden Software, Trimble, and Bentley Systems are among the leading 3D mapping and modelling market.
The estimated value of the 3D mapping and modelling market is expected to reach US$ 18.93 billion by 2031.
The 3D mapping and modelling market is expected to grow at a CAGR of 15.50% over the forecast period.