IMARC Group just published a research named “3D Mapping and Modeling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” which provides a thorough analysis of the market and details on its size. Aside from competition and regional research, the report also covers recent developments in the international market. In 2022, the size of the global 3D mapping and modeling market was US$ 6.6 billion. Looking ahead, IMARC Group projects that the market will grow at a compound annual growth rate (CAGR) of 17.17% from 2023 to 2028, reaching US$ 17.1 billion.
Overview of the 3D mapping and modeling market:
3D modeling and mapping are revolutionary technologies that make it possible to produce accurate digital replicas of real-world things, surroundings, or structures. Using methods like LiDAR, photogrammetry, or laser scanning, 3D models may capture spatial data to provide accurate and lifelike renderings. Numerous industries, including urban planning, architecture, archaeology, and entertainment, use these models. Navigation, disaster management, and precise geospatial analysis are all aided by 3D mapping. Meanwhile, 3D modeling makes it easier to prototype products, create architectural designs, and run virtual tests. 3D modeling and mapping are reshaping businesses as AI and VR technologies evolve, improving our capacity to explore, interpret, and creatively engage with the physical world.
Market trends for 3D modeling and mapping worldwide:
The rapid development of 3D scanning, LiDAR, and photogrammetry technologies is a primary driver of the global industry. Additionally, the growing use of AR and VR technologies fuels the demand for top-notch 3D models. The use of 3D maps in autonomous cars is essential for navigation, obstacle identification, and decision-making, driving the industry. Additionally, 3D mapping and modeling technologies are useful for medical applications like surgery planning and anatomical modeling.