3D Mapping and Modelling Market is expected to reach US$ 12,134.08 million by 2028

High Growth Potential in Small & Medium-Sized Enterprises (SMEs) to Provide Growth Opportunities for 3D Mapping and Modelling Market during 2021–2028

According to our new research study, titled “3D Mapping and Modelling Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Deployment Mode, Organization Size, 3D Mapping Application, 3D Modelling Application, Component, Vertical and Geography,” the 3D mapping and modelling market is projected to reach US$ 12,134.08 million by 2028 from US$ 4,488.20 million in 2021. It is estimated to grow at a CAGR of 15.5% from 2021 to 2028.

The 3D mapping and modelling tools are used among enterprises for designing and engineering applications. It allows designers and engineers to streamline the planning and designing operations and enhance the overall user experience. At present, the 3D mapping and modelling market is dominated by large enterprises in terms of revenue share due to the large-scale operations of these companies and the high uptake of such 3D mapping and modelling solutions in developed regions, such as Europe and North America. For instance, with its extensive capabilities and straightforward processes, ZBrush is a digital sculpting and painting application that has transformed the 3D industry. The company provides digital artists with the most modern tools in a beautiful interface. It delivers a user experience that feels remarkably natural while encouraging the artist within with an arsenal of tools created with usability in mind and allows users to sculpt up to a billion polygons, allowing them to construct whatever they can imagine. Moreover, with the growing adoption and popularity of cloud-based 3D mapping and modelling solutions, small & medium-sized enterprises are now increasing their investment in 3D mapping and modelling solutions for cost benefits and easy integration. Thus, this factor will offer ample opportunities for 3D mapping and modelling market growth in the coming years

The imposition of lockdown to mitigate the pandemic crisis compelled people to stay at home and witnessed an upward trend in remote work and app-based entertainment services resulting from a growth in the media & entertainment industry. Simulation technologies allowed the broadcasting & media industry to offer advanced imaginative experiences for learning, shopping, and working. Thus, with a high demand for 3D mapping and modeling in visualization, mobile applications, gaming, and digital marketing during the pandemic, this software witnessed an uptick in momentum, further propelling the 3D mapping and modelling market growth.

By component, the 3D mapping and modelling market has been segmented into software tools and services. Based on the 3D mapping application, the market is segmented into inspection and measurement, object reconstruction, projection and navigation, reporting and virtualization, and others. Based on 3D modelling applications, the market is segmented into product marketing, animation and movies, gaming and designing, architectural rendering, and others. By deployment mode, market is segmented into cloud and on-premises. Based on organization size, the market is segmented into SMEs and large enterprises. Based on vertical, the market is segmented into retail & consumer goods, engineering & construction, healthcare & life sciences, transportation & logistics, government & defense, energy & utilities, media & entertainment, manufacturing, and others. Based on geography, the global 3D mapping and modelling market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM).

Impact of COVID-19 Pandemic on 3D Mapping and Modelling Market

The COVID-19 pandemic impacted all aspects of society, including individuals and corporations. The Internet ecosystem has become increasingly important around the world. The reliance on online enterprises has expanded dramatically due to the outbreak. The Internet finds extensive application in the BFSI, healthcare & life sciences, manufacturing, retail, transportation & logistics, and other industries to provide critical services to consumers. Hence, vendors have surged in demand for 3D mapping and modeling tools. Various governments and regulatory agencies have forced public and private organizations to accept new teleworking techniques and follow social distance in the wake of the COVID-19 pandemic.

Autodesk; Saab AB; Golden Software; Trimble; Bentley Systems; Alphabet; Intermap Technologies; Airbus; Esri; CyberCity 3D; Topcon; Dassault Systèmes; Adobe; Pix4D; Pixologic; Flight Evolved; MAXON; Onionlab; The Foundry Visionmongers; Mitsubishi Electric; Apple; WRLD; GeoDigital; GeoSLAM; Mapbox; DeepMap; Civil Maps; Hivemapper; Shapr3D; Innersight; Astrivis; Pointivo; and Dynamic Map Platform are the major companies operating in the 3D mapping and modelling market.

3D Mapping and Modelling Market – by Geography