3D Mapping and Modeling Market

According to the latest market research, the 3D mapping and modeling industry is set to experience significant growth in the upcoming years. In 2023, the 3D mapping and modeling market size is estimated to be worth USD 5.14 billion, and it is projected to reach USD 17.80 billion by 2032, with an approximate CAGR of 14.80% over the forecast period from 2024 to 2032.

3D Mapping and Modeling Market Overview

The term “3D mapping” describes a three-dimensional, determined using the following, desktop and incredibly realistic virtual representation of space and the things therein. The transition from 2D mapping and modeling to advanced 3D maps and models has helped the global 3D mapping and modeling market grow. 3D mapping and 3D modeling solutions are utilized across various end-user industries, including video entertainment, construction, healthcare, automobile, and transportation industries. The market is currently driven by technological advancements and advances in 3D mapping and modeling tools and equipment such as 3D detectors, 3D scanners, and GPS systems. The global 3D mapping and modeling market is primarily driven by rising demand for 3D mapping and modeling solutions across various business verticals, including retail, advertising, defense, and public safety. However, one of the challenges impeding market growth is the STL file format, which causes ambiguity regarding the object’s dimensions.

One of the main drivers of this growth is the expanding need for 3D image sensors, 3D modeling, and 3D visualization and rendering software tools in various industries. The manufacturing, healthcare, life sciences, and construction industries are among those that have heavily invested in 3D mapping and modeling technology. Architects can use this technology to create artificial buildings and landscapes, while the healthcare industry is using it to create detailed 3D models of organs and surgical procedures.

Another driver of this growth is the rising demand for 3D maps and models for visualizing construction models and sites before the actual process is started. This helps reduce errors and saves time and money. The transportation industry is also expected to benefit from 3D mapping and modeling technology, with live traffic updates and nautical maps becoming increasingly important features of GPS navigation systems.

However, the high cost of 3D displays and associated tools is limiting the growth of the 3D mapping and modeling market. Maintenance and repair costs are also high due to advanced technology. As a result, the market cannot expand without making a significant initial investment.

Despite these challenges, the future of the 3D mapping and modeling market looks bright. The projected development of smart cities is expected to drive the growth of this market, as 3D modeling technology will be crucial in creating detailed models of urban landscapes. The adoption of new teleworking practices and social distancing measures due to the COVID-19 pandemic has also increased the need for 3D mapping and modeling tools among vendors.

The 3D mapping and modeling market is set to experience significant growth in the upcoming years, driven by technological advancements and rising demand across various industries. While there are challenges to overcome, the market’s future looks promising.

The 3D mapping and modeling market has experienced significant growth over the past few years, and the future looks promising. The market is expected to grow at a CAGR of 14.80% over the forecast period from 2024 to 2032, with an estimated worth of USD 17.80 billion by 2032. This growth can be attributed to the increasing demand for 3D mapping and modeling solutions across various industries, including healthcare, construction, transportation, and video entertainment.

COVID-19 Impact on the 3D Mapping and Modeling Market:

The COVID-19 pandemic affected every element of society, including people and businesses. The global importance of the Internet ecosystem has increased. Due to the pandemic, online businesses have a far greater reliance on. Critical consumer services are offered via the Internet by the BFSI, healthcare & life sciences, manufacturing, retail, transportation & logistics, and other businesses. The need for 3D mapping and modeling tools has therefore increased among vendors. Following the COVID-19 epidemic, several governments and regulatory bodies have compelled public and commercial enterprises to adopt new teleworking practices and adhere to social distancing.

3D Mapping and Modeling Market Drivers:

The rise can be due to the expanding need for 3D image sensors, 3D modeling, and 3D visualization and rendering software tools in various industries, including media and entertainment, manufacturing, healthcare, life sciences, and construction. The leading companies are now concentrating on new products, proactive mergers, and acquisitions to boost their profitability and broaden their market presence. The growth is largely attributed to the increased use of 3D maps and models for visualizing construction models and sites before the actual process is started. As a result, the market for 3D mapping and modeling is anticipated to grow throughout the projected period due to the intended development of smart cities.

3D Mapping and Modeling Market: Restraints

The high cost of 3D displays is constraining the growth of the global market for 3D mapping and modeling. The associated things are also very expensive. Additionally, because more advanced technology is being used, maintenance and repair expenses are high. As a result, the market under discussion cannot expand without making an enormous initial investment. The STL file format, for example, causes ambiguity regarding the object’s size and is one of the 3D modeling format concerns preventing the market from expanding.

3D Mapping and Modeling Market: Segmentation

The global 3D mapping and modeling market has been segmented into components, applications, and end users.

Based on end users, the market is classified into the construction industry, transportation industry, automobile industry, entertainment industry, healthcare industry, and others. The construction industry segment dominated the market in 2022. Construction-related industries are predicted to extensively use 3D mapping and modeling software products and services. Artificial buildings and landscapes can be created using 3D mapping and modeling technology. A steady improvement in building designs and architectural needs results from rapid infrastructure development in many places. With 3D modeling, architects may focus more on creative design concepts because they don’t have to worry about technical details. Furthermore, 3D modeling software makes it simple to construct original architectural structures.

On the other hand, the automobile industry segment is expected to grow significantly over the forecast period. The automobile sector has been at the forefront of technological advancement and has been progressively implementing technology to give the end-user an enjoyable experience. Digital mapping is the process of gathering data and compiling it to create maps that accurately depict a specific geographic area in the form of virtual imagery. However, the technique is primarily acknowledged and utilized in GPS satellite networks, a crucial part of the commonplace vehicle navigation systems. The car sector has benefited greatly from live traffic updates and nautical maps. The current need for car connectivity is anticipated to be even more important.

Based on applications, the market is classified into projection mapping, texture mapping, maps and navigation, and others. In 2023, the projection mapping category dominated the global market. Solutions for navigation and mapping are supported by web services and mobile applications that give consumers access to real-time information. GIS data is used by augmented reality and 3D platform technologies to give virtual information about the user and his surroundings. Additionally, navigation and mapping tools assist construction engineers in sharing, managing, and visualizing territory data, as well as in producing reports that can be assessed and shared with others.

On the other hand, the navigation mapping segment is expected to grow at a significant rate over the forecast period. Solutions for navigation and mapping are supported by web services and mobile applications that give consumers access to real-time information. GIS data is used by augmented reality and 3D platform technologies to give virtual information about the user and his surroundings. Additionally, navigation and mapping tools assist construction engineers in sharing, managing, and visualizing territory data, as well as in producing reports that can be assessed and shared with others.

3D Mapping and Modeling Market: Regional Landscape

North America dominated the market for 3D mapping and modeling in 2023. There has been an increase in the use of 3D mapping systems for creating 3D city models due to the rising need for high-resolution, precise 3D geospatial data. These 3D models plan cities, simulate upcoming construction projects, and redesign historic structures like forts and monasteries. Additionally, the technology analyzes various simulation scenarios involving disasters and traffic management. Due to these innovations, the 3D mapping and modeling market is anticipated to experience growth during the projected period. It is predicted that during the forecast period, the rising use of cloud and IoT, as well as rising online usage, will further fuel the growth of the area’s 3D mapping and 3D modeling market.

3D Mapping and Modeling Market: Competitive Landscape

Some of the main competitors dominating the global 3D mapping and modeling market include- Autodesk (US), Airbus (The Netherlands), Saab AB (Sweden), Alphabet (US), Golden Software (US), CyberCity 3D (US), Trimble (US), Adobe (US), Pixologic (US), Bentley Systems (US), Intermap Technologies (US), Esri (US), Mitsubishi Electric (Japan), Topcon (Japan), Apple (US), Dassault Systèmes (France), Mapbox (US), Pix4D (Switzerland), Flight Evolved (US), Dynamic Map Platform (Japan), MAXON (Germany), Onionlab (Spain), Shapr3D (Hungary), The Foundry Visionmongers (UK), WRLD (UK), GeoDigital (US), GeoSLAM (UK), DeepMap (US), Civil Maps (US), Hivemapper (US), Ivl5 (US), Innersight (UK), Astrivis (Switzerland), Pointivo (US).

Recent Developments

• August 2020: The Indian government has begun a project to establish health ID cards for residents throughout the country as part of the National Digital Health Blueprint, which aims to use technology to enhance healthcare delivery throughout the country which will enhance the 3D mapping and modeling market growth in the country.
• September 2020: Patients utilizing Science 37’s technological platform may now link their health records directly, removing the need for paper documentation and expediting information exchange across platforms. Science 37 is a clinical research company with a U.S. headquarters.

The Global 3D Mapping and Modeling Market is segmented as follows:

3D Mapping and Modeling Market by Component:

1. 3D Mapping
2. 3D Modeling

3D Mapping and Modeling Market by Application:

1. Projection-Mapping
2. Texture Mapping
3. Maps and Navigation
4. Others

3D Mapping and Modeling Market by End-Use Industry:

1. Construction Industry
2. Transportation Industry
3. Automobile Industry
4. Entertainment Industry
5. Healthcare Industry
6. Others

3D Mapping and Modeling Market by Region

1. North America
   • The U.S.
   • Canada
   • Mexico
2. Europe
   • France
   • The UK
   • Spain
   • Germany
   • Italy
   • Rest of Europe
3. Asia Pacific
   • China
   • Japan
   • India
   • New Zealand
   • Australia
   • South Korea
   • Southeast Asia
   • Rest of Southeast Asia
4. The Middle East & Africa
   • Saudi Arabia
   • UAE
   • Egypt
   • Kuwait
   • South Africa
   • Rest of the Middle East & Africa
5. Latin America
   • Brazil
   • Argentina
   • Rest of Latin America