3D Mapping And Modeling Market Forecast Reaching $18.83 Billion by 2029 at 19.5% CAGR
Discover trends, market shifts, and competitive outlooks for the 3d mapping and modeling industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
What Are the Projected Market Size and Growth Rates for the 3D Mapping And Modeling Market From 2025 To 2029?
Over the past few years, the 3D mapping and modeling market has experienced rapid expansion. It is projected to increase from $7.89 billion in 2024 to reach $9.22 billion in 2025, signifying a compound annual growth rate (CAGR) of 16.8%. Factors contributing to this growth during the historic period include urbanization and infrastructure progression, a rise in aerial and satellite imagery, expanded use in geographic information systems (GIS), preservation of cultural heritage, and the adoption of such technologies in the entertainment and gaming industries, as well as precision agriculture.
Forecasting a swift expansion, the market size of 3D mapping and modeling is anticipated to reach $18.83 billion by 2029, with a compound annual growth rate (CAGR) of 19.5%. This growing trajectory during the forecast period is due to several factors, such as improvements in computer graphics, increased data processing capabilities, the proliferation of smart city initiatives, global expansion in e-commerce and logistics, and a rise in security and defense applications. Leading trends in the forecast timeframe will encompass the integration of lidar technology, drone-enabled 3D mapping, the adoption of the digital twin concept, big data analytics, remote sensing technologies, and open-source mapping tools.
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Which Major Market Drivers Are Expected to Boost the Growth Potential of the 3D Mapping And Modeling Market?
The growth of the 3D mapping and modeling market is being propelled by the rising accessibility of 3D content. 3D content, which refers to the formation of a tangible object that can be measured in three distinct elements – height, length, and breadth, has seen a surge in demand. This in turn, has fueled the demand for 3D mapping and modeling as it crafts a three-dimensional visual of an object through specialized software. Case in point, The European Patent Office, a Germany-based Institution, announced in September 2023 that the additive manufacturing market experienced substantial growth, tripling in size with industry revenues touching USD 18 billion (EUR 16.17 billion) in 2022. The forecast for 3D printing suggests that the market could outdo USD 50 billion by 2028. Consequently, the enhanced accessibility of 3D content is set to accelerate the future progress of the 3D mapping and modeling market.
Which Key Market Segments Comprise the 3D Mapping And Modeling Market and Drive Its Revenue Growth?
The 3D mapping and modeling market covered in this report is segmented –
1) By Type: 3D Mapping, 3D Modeling
2) By Component: Software Tools, Services
3) By Application: Projection Mapping, Maps And Navigation, Texture Mapping, Other Applications
4) By End User: Building And Construction, Healthcare, Automotive, Defense, Gaming And Application, Entertainment, Other End User
Subsegments:
1) By 3D Mapping: Geospatial Mapping, Urban Mapping, Aerial Mapping, Indoor Mapping
2) By 3D Modeling: Architectural Modeling, Product Modeling, Character Modeling, Landscape Modeling
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Which Areas Are Leading Regions in the 3D Mapping And Modeling Market Expansion Across the Globe?
North America was the largest region in the 3D mapping and modeling market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the 3D mapping and modeling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Are the Key Market Trends in the 3D Mapping And Modeling Market Over the Coming Years?
The key trend emerging in the 3D mapping and modeling market is technological innovation. Major players in this market are aiming to solidify their standing by creating advanced technological solutions with the use of augmented reality (AR). In AR, real entities are enhanced in real-time with elements like text, pictures, and audio. For instance, in April 2022, Nextech, a metaverse company from Canada, excelling in augmented reality solutions, 3D models, and spatial mapping, launched its AR Spatial Mapping platform, ARitize Maps. This application is a comprehensive tool to create a Metaverse. It is the first of its kind, offering full Metaverse mapping solutions for both businesses and consumers. The program’s new features, introduced at the launch, include augmented reality mapping, localization, and an easy drag-and-drop function for AR content. It also allows for navigation and viewing 3D models in a map designed by the user.
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How Is the 3D Mapping And Modeling Market Conceptually Defined?
3D mapping and modeling refer to the process of creating a three-dimensional representation of an object using specialized software. 3D mapping and modeling use coordinate data that identifies the location of the horizontal and vertical points relative to a reference point.
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