The global 3D mapping and modeling market is projected to register a CAGR of 17.2% during the forecast period, reaching USD 11.8 billion by 2028 from an estimated USD 5.4 billion in 2023. Major factors to boost the market growth include the rising technological advancements in 3D scanners, 3D sensors, and other acquisition devices, the growing availability of 3D content, and the advent of 3D-enabled display devices for a better navigation experience.
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By services, managed services to register for the highest CAGR during the forecast period
The services segment of the 3D mapping and modeling market is growing rapidly. The managed services are vital in properly functioning 3D mapping and modeling solutions. 3D mapping and modeling vendors require technical support and consulting services to deploy their solutions quickly and smoothly in the market. Managed services play a crucial role in the 3D mapping and modeling market as they offer specialized services and support to organizations requiring 3D mapping and modeling solutions. Their role encompasses various aspects that help businesses leverage the full potential of these technologies effectively.
By technology, LiDAR to register for the highest market size during the forecast period
LiDAR technology's remarkable capabilities in 3D mapping and modeling have transformed various industries, propelling the market's rapid growth. The combination of improved resolution, reduced costs, and integration with AI has driven widespread adoption, expanding applications in areas such as urban planning, environmental management, and autonomous technologies.
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Major Highlights of the 3D Mapping and Modeling Market:
Major trends in the 3D Mapping and Modelling business were redefining how geographic data is visualised and used. These tools were highly realistic in their representations of things and landscapes, boasting exceptional precision and detail.
Comprehensive visualisations were produced by combining data from multiple sources, including satellites and LiDAR. The ability to map in real-time made it possible to immediately observe environmental changes, which facilitated decision-making and catastrophe response.
These technologies played a variety of functions, from urban planning and infrastructure design to cultural heritage preservation. Applications included environmental monitoring and indoor mapping, while integration with virtual and augmented reality offered immersive experiences.
Top Key Companies in 3D Mapping and Modeling Market:
Some leading 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). These players have adopted various organic and inorganic growth strategies, such as new product launches, partnerships and collaborations, and mergers and acquisitions, to expand their presence in the 3d mapping and modeling market.
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Google, a leading technology company, has made significant strides in the 3D Mapping and Modeling market, leveraging its expertise in mapping, data analysis, and cloud computing. One of Google's key offerings in this market is Google Earth, a web-based platform that provides users with a comprehensive and interactive 3D map of the world. Google Earth enables users to explore cities, landmarks, and landscapes in three dimensions, creating a highly immersive and realistic experience. Moreover, Google has invested in advanced technologies such as LiDAR (Light Detection and Ranging) to enhance the accuracy and depth of its 3D mapping capabilities. LiDAR sensors mounted on vehicles or drones capture precise elevation and spatial data, enabling the creation of detailed 3D models of physical environments.
Autodesk
In the 3D mapping and modeling market, the company offers BIM 360, Civil 3D, and AutoCAD Map 3D. The BIM 360 construction management software enables anytime and anywhere access to project data throughout the building construction lifecycle. It further empowers users to better anticipate and act, and those in the back office to optimize and manage all aspects of construction performance. AutoCAD Civil 3D products enable civil engineers, designers, drafters, and surveyors to significantly boost productivity and deliver high-quality designs and construction documentation faster. With AutoCAD Civil 3D products, the entire project team works from the same consistent, up-to-date model, so they stay coordinated throughout all project phases.
Trimble
Trimble's focus on the 3D mapping and modeling market is driven by its commitment to revolutionizing industries through advanced technologies. The company's comprehensive portfolio includes cutting-edge hardware and software solutions that enable accurate and efficient 3D data collection, processing, and visualization. Trimble's 3D mapping and modeling solutions find applications across a range of industries. In architecture and construction, these technologies enable precise as-built documentation, clash detection, and virtual design and construction (VDC) workflows.
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