3D Mapping and Modeling Market

[354 Pages Report] The 3D mapping and modeling market is projected to grow from USD 5.4 billion in 2023 to USD 11.8 billion by 2028, at a compound annual growth rate (CAGR) of 17.2% during the forecast period. Due to various business drivers, the 3D mapping and modeling industry is expected to grow significantly during the forecast period. The market is experiencing significant growth as the demand for 3D animation across mobile applications and technological advancements in 3D scanners, 3D sensors, and other acquisition devices is growing. The growing availability of 3D content and the advent of 3D-enabled display devices for a better navigation experience is also responsible for driving the 3D mapping and modeling market’s growth.

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3D Modeling Market Dynamics

Driver: Advent of 3D-enabled display devices for a better navigation experience

Advancements in 3D maps are expected to be driven by the increasing need for an HD experience among users. 3D viewing technology has been available in the market for many years, but the quality delivered to the consumer was inadequate. Consumers always need the best viewing experience of perceived 3D images, similar to what objects look like. Innovative technologies have already started setting foot in the market, which gives users a comfortable HD viewing experience. They provide images of objects that look real and have adequate details. 3D mapping and 3D modeling technologies enable users to have real-life experiences of the surrounding buildings and terrain by viewing them through 3D-enabled devices, such as smartphones, tablets, and Personal Computers (PCs). The demand for 3D-enabled devices is expected to increase in the years to come. According to the statistics, the demand for all 3D-enabled devices is predicted to increase due to technological advancements, changing lifestyles, and the rising awareness among people regarding these advanced devices. Moreover, the increasing need for crisp and realistic image visualization, superior 3D effects, and an excellent mapping and navigation experience are driving the 3D mapping and 3D modeling market.

Restraints: Increasing corruption and piracy concerns

The animation industry continues to be exposed to corruption and piracy risks. The software installation of companies is targeted, and pirated copies are sold in the market. Consequently, the industry suffers huge financial losses. To control piracy, companies have developed surveillance and monitoring programs to inhibit the illegal downloading of 3D mapping and modeling software. This, in turn, has encouraged users to use legal digital content. In recent years, government norms and regulatory reforms have been implemented to mitigate piracy threats. However, there is a need to adopt flexible business plans to develop mitigation strategies and undertake proactive measures by forming anti-piracy cells and spreading awareness. For instance, in India, states such as Tamil Nadu and Maharashtra have taken initiatives to spread public awareness against piracy. However, in various countries, the only regulatory policy to prevent piracy is to block sites and impose a penalty on illegal users. According to statistics by DataProt, Software piracy rates worldwide dropped to 37% in 2017, down by 2% from two years earlier.

Opportunity: Integration with IoT and sensor technologies for real-time data collection and visualization

The integration of 3D mapping and modeling solutions with Internet of Things (IoT) and sensor technologies enables real-time data collection and visualization, leading to a host of benefits and applications across various industries. IoT devices and sensors gather real-time data from physical objects, equipment, and environments. These devices can capture a wide range of data, including temperature, humidity, pressure, motion, location, etc. By integrating 3D mapping and modeling solutions with IoT devices, businesses can collect vast amounts of data continuously and in real time. 3D mapping and modeling solutions provide a powerful platform for visualizing complex data from IoT devices. Instead of traditional 2D charts and graphs, 3D visualizations enable users to understand data spatially, identifying patterns, trends, and anomalies more effectively. Businesses gain enhanced situational awareness by combining IoT sensor data with 3D mapping and modeling. For example, in smart cities, sensors can monitor traffic flow, air quality, and waste management, and 3D visualizations allow city administrators to make data-driven decisions to optimize city services. Integrating 3D mapping and modeling solutions with IoT and sensor technologies presents a vast array of applications across industries. By leveraging real-time data visualization and analytics, businesses and organizations can make more informed decisions, optimize processes, improve safety, and unlock new levels of efficiency and innovation. As the IoT ecosystem continues to grow, the demand for such integrated solutions is expected to increase significantly.

Challenge: Stringent government regulations and lack of investments

The lack of capital investment hinders the growth of the 3D mapping and modeling market. Insufficient fund supply restricts R&D activities, training manpower, and purchasing innovative technologies. Investments in adopting the latest technologies ensure the work system efficiency and increase the number of opportunities for the industry. One major reason for low investor attraction is the slow Return on Investment (ROI) in the animation industry. As a result, private investors are reluctant to enter the 3D mapping and modeling market. Regarding government support, countries like the US, China, Taiwan, Singapore, and Japan provide significant development provisions to boost market growth.

3D Mapping and Modeling Market Ecosystem

By offering, solutions segment to account for a larger market size during forecast period

The 3D mapping and modeling solutions include 3D mapping and modeling software. 3D mapping and modeling solutions comprise a set of technologies, software, and tools that enable the creation, visualization, and manipulation of three-dimensional (3D) representations of real-world objects, landscapes, environments, or virtual entities. These solutions are used in various industries and applications to generate accurate, detailed, and interactive 3D models, which provide valuable insights, support decision-making processes, and enhance user experiences. These solutions offer various visualization methods, such as 3D rendering, animation, and interactive user interfaces, to represent the 3D data and models comprehensibly and informally.

By technology, photogrammetry registers the highest CAGR during the forecast period

The photogrammetry segment is projected to grow more during the forecast period. Photogrammetry is a cutting-edge technology making significant strides in 3D mapping and modeling. It involves capturing accurate 3D data from 2D images, enabling the creation of detailed and realistic 3D models of real-world objects and environments. As technology advances, photogrammetry applications have expanded, leading to a growing demand for this innovative solution in various industries.

By region, North America holds the largest market size during the forecast period

North America will lead the 3D mapping and modeling market in 2023. North America, comprising the United States and Canada, is known for its advanced technology infrastructure and innovative industries, making it a hub for adopting 3D mapping and modeling technologies. In addition,  North America is home to the gaming and entertainment industry, and 3D mapping and modeling solutions play a crucial role in creating visually stunning and realistic gaming environments. The adoption of 3D mapping and modeling solutions in North America is likely to continue growing as these technologies advance and find new applications in various industries. The region's strong technology ecosystem and continuous innovation make it a key player in driving the development and adoption of these solutions globally.

Top 3D Mapping and Modeling Market Companies

The 3D mapping and modeling solution and service providers have implemented various types of organic and inorganic growth strategies, such as new product launches, product upgrades, partnerships, and agreements, business expansions, and mergers and acquisitions to strengthen their offerings in the market. Some major players in the 3d mapping and modeling market include Google (US), Autodesk (US), Trimble (US), Bentley Systems (US), Dassault Systemes (France), Adobe (US), Hexagon (Sweden), Esri (US), Golden Software (US), Maxon (Germany), Topcon (Japan), CyberCity 3D (US), Pix4D (Switzerland), Apple (US), Onionlab (Spain), Mapbox (US), Saab AB (Sweden), Airbus (Netherlands), Intermap Technologies (US), The Foundry Visionmongers (UK), PTC (US), MathWorks (US), Ansys (US), Blender Foundation (Netherlands), SideFX (Canada), Civil Maps (US), Hivemapper (US), lvl5 (US), Shapr3D (Hungary), Innersight (UK), Astrivis Technologies (Switzerland), Pointivo (US), Dynamic Map Platform (Japan), Archilogic (Switzerland) and MOD Tech Labs (US).

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Scope of the Report

This research report categorizes the 3D mapping and modeling market based on offering, technology, vertical, and region.

3D Modeling Market By Offering:

• Software
  • 3D Mapping Software
    • 3D Projection Mapping
    • GIS Mapping
    • Drone Mapping
    • Satellite and Aerial Imaging
    • Other 3D Mapping Software
  • 3D Modeling Software
    • Solid Modeling
    • Wireframe Modeling
    • Surface Modeling
    • Other 3D Modeling Software
• Services
  • Professional Services
    • Training & Consulting
    • System Integration & Implementation
    • Support & Maintenance
  • Managed Services

3D Modeling Market By Technology:

• LiDAR
• Photogrammetry
• Structured Light Scanning
• SLAM
• Other Technologies

3D Modeling Market By Deployment Mode:

• Cloud
• On-premises

3D Modeling Market By Vertical:

• Architecture, Engineering & Construction (AEC)
• Manufacturing
• Automotive & Transportation
• Healthcare & Life Sciences
• Media & Entertainment
• Government & Defense
• Education
• Agriculture
• Energy & Utilities
• Other Verticals

By Region:

• North America
  • US
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia and New Zealand (ANZ)
  • South Korea
  • ASEAN Countries
  • Rest of Asia Pacific
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • South Africa
  • Israel
  • Egypt
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

Recent Developments:

• In June 2023, Dassault Systemes advanced the portfolio transformation of its GEOVIA mining software solutions to integrate them into its 3DEXPERIENCE platform.
• In May 2023, Trimble announced the latest version of Trimble Business Center includes enhancements for CenterPoint RTX corrections, mobile mapping, comparing TBC + TRW for scanning.
• In April 2023, Trimble and the University of Applied Sciences and Arts Northwestern Switzerland FHNW have collaborated to establish a state-of-the-art Trimble Technology Lab at FHNW's School of Architecture, Civil Engineering and Geomatics program in Muttenz, Switzerland.
• In February 2023, Bentley’s acquisition of EasyPower, to extend integrated and iterative power systems design and analysis for infrastructure digital twins of every type, broadens its comprehensiveness in infrastructure engineering.
• In Sptember 2022, Autodesk announced a strategic collaboration with Epic Games to accelerate immersive real-time (RT) experiences across industries, with an initial focus on Architecture, Engineering and Construction (AEC).
• In July 2022, Google has announced a partnership with Genesys International and Tech Mahindra. This new integration of street view into Google Maps offers users to access the up-to-date imagery sourced data from local partners.

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