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3D Mapping and Modeling Market Trends

Report ID: GMI6424
Published Date: Aug 2023
Report Format: PDF

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3d Mapping and Modeling Market Trends

The increasing use of commercial drones for aerial mapping and surveying has created new opportunities for the 3D mapping and modeling industry, especially in areas like agriculture, mining, and environmental monitoring. In 2022, Skydio released a new drone that can create 3D models of buildings and other structures using a combination of cameras and sensors to capture data, which is later processed by AI to create 3D models. The models can be used for a variety of purposes, such as planning, renovations, assessing damage, and creating virtual tours. 3D mapping and modeling play a crucial role in accurate surveying, cartography, and land management applications, further driving market growth.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market valuation of the 3D mapping and modeling was worth USD 6.1 billion in 2023 and is projected to expand at 13.5% CAGR from 2024 to 2032, driven by increasing investments in urban planning and smart cities initiatives.

The 3D modeling segment held over 61% share of the 3D mapping and modeling market in 2023 and is anticipated to gain significant traction through 2032, owing to the growing need for realistic and immersive experiences in gaming, entertainment, and virtual reality.

North America held more than 36% share of the 3D mapping and modeling industry in 2023 and is expected to grow at notable CAGR from 2024 to 2032, attributed to increasing adoption in entertainment, gaming, and virtual reality.

Some of the prominent companies engaged in the 3D mapping and modeling market are Adobe, Airbus, Autodesk, Bentley Systems, CyberCity 3D, Esri, Geodigital, Golden Software, MAXON, Mitsubishi Electric, Onion Lab, Saab AB, Topcon, Trimble, and WRLD.