Market Highlights:
3D mapping and 3D modelling market in Europe is expected to witness rapid growth in the forthcoming period. Whereas, Asia Pacific countries such as China, Japan, and India is an emerging 3D mapping and 3D modelling market, which is expected to grow at the highest CAGR in the coming years.
The global 3D mapping and 3D modelling market is expected to grow at USD ~6 billion by 2023 at a CAGR of ~26% during the forecast period 2018-2023.
Competition Analysis
The prominent players operating the global market for 3D mapping and 3D modeling are Saab Automobile AB (Sweden), Applied EarthWorks Inc. (U.S.), The Blender Foundation (the Netherlands), Pixologic, Inc. (U.S.), Udemy Inc. (U.S.), Aerolion (U.S.), Trimble Inc. (U.S.), Apple Inc. (U.S.), Esri (U.S), Topcon Corporation (Japan), Cybercity 3D Inc. (U.S), Mitsubishi Motors Corporation (Japan), Autodesk Inc. (U.S), Google Inc. (U.S.), Intermap Technologies (U.S.), Airbus Defence and Space SAS (France), and others.
Industry News
A team from Norwich University Hospital along with Dr Tom Turmezei developed a 3D mapping technique that can detect arthritis on an early stage. He and his team used computerized tomography (CT) scans to detect changes in arthritic hip joints. This technique termed joint space mapping (JSM) was tested on human hip joints. The results were published in journal Scientific Reports which showed that 3D mapping was twice as effective as X-rays at detecting small structural changes.
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Market Synopsis
3D mapping and 3D modeling are used in several applications comprising entertainment, healthcare, automobile, transportation, and construction. The technique is used to design vehicles such as trucks and cars in the automobile industry. In the healthcare industry, this technique is used to study the human body as it offers an enhanced view of the body parts. In the construction industry, 3D mapping and 3D modeling are used to draw a 3D view of any construction site or building. Also, in the entertainment industry, this technique is used to create animated images of games or movies and provide a virtual view of the movie.
3D mapping and 3D modeling are one of the fastest ways to construct a 3D environment. Prominent market players like Nokia, Samsung, and other OEMs are the major investors for 3D maps applications.
Future Drivers and Constraints Affecting the Market Growth
With the emergence of 3D technologies such as scanners, 3D sensors, and other such devices, the market is expected to grow to a large extent. Adoption of high-speed internet connectivity and advanced technologies are driving the market growth. Demand for 3D mapping and 3D modeling in industries like public safety, advertising, defense, and retail is anticipated to drive the market. Moreover, 3D maps are required to create topographies in combat areas.
With rapid industrialization and urbanization, there is an increase in the number of construction projects. The consumers are highly concerned about visualizing models and construction sites before initiating the project, which also results in the market to grow at a rapid pace. Besides, a shift in consumer preference from 2D to 3D models is likely to expand the global market remarkably.
Easy availability of 3D equipment such as scanners, GPS components, and scanners is expected to drive the market. Also, the use of geospatial data in existing smartphones and mobile apps is anticipated to drive the market growth.
Meanwhile, 3D model related issues which include stereolithography file format leads to confusion regarding the size of the object which may obstruct the growth of the market to a large extent. Also, high initial costs are restricting the market growth.
Global 3D Mapping & 3D Modeling Market Segmentation
Globally, the 3D mapping and 3D modeling Market has been segmented based on application, region, and verticals.
The market has been segmented into mapping and navigation, 3D texture mapping, 3D video mapping, 3D mobile mapping, 3D laser mapping, 3D projection mapping, and others based on application.
The market has been segmented into retail, defense and public safety, media and entertainment, automotive, aviation and space, healthcare, transport and logistics, construction, and others on the basis of verticals. Among these, the automotive industry is witnessed to showcase the second fastest growth over the forecast period. In February 2017, Uber announced that it would generate its 3D maps of Singapore.
The market is spanned across Europe, North America, Asia Pacific, and Rest-of-the-World (RoW) based on region.
North America: Leading the 3D Mapping & 3D Modeling Market
North America is expected to be one of the leading regions in terms of market share owing to the smart devices which are propelling the growth of the market over the assessment period. Due to the presence of advanced technologies and the presence of major players along with adoption of connected vehicles outlines a growing trend of connected cars which pushes the need for enhanced and better navigation, thus propelling the market growth.
While Europe is anticipated to witness a rapid growth in the coming years, Asia Pacific is expected to showcase a significant growth rate over the assessment period owing to the emerging opportunities in countries like China and India.
Intended Audience
- 3D mapping and 3D modelling companies
- 3D mapping and 3D modelling providers
- Technical universities
- System integrators
- Managed Security Service Providers
- Professional service providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
Continued…..
LIST OF TABLES
Table 1 Global 3D Mapping And 3D Modelling Market: By Region, 2017-2023
Table 2 North America 3D Mapping And 3D Modelling Market: By Country, 2017-2023
Table 3 Europe 3D Mapping And 3D Modelling Market: By Country, 2017-2023
Continued…..
LIST OF FIGURES
FIGURE 1 Global 3D Mapping And 3D Modelling Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global 3D Mapping And 3D Modelling Market
Continued…..
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