Press Release

According to the latest report by IMARC Group titled, “3D Mapping and Modeling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, The global 3D mapping and modeling market is expected to grow at a CAGR of around 13% during 2019-2024. 3D mapping and modeling are also useful in the healthcare and entertainment industries as they help in providing an enhanced view of the body parts and creating animated models of movies or games, respectively. Moreover, the adoption of 3D mapping is expected to increase in the coming years, owing to the need for custom-designed maps and open-source routing engines for navigation.

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3D mapping and modeling refer to the process of creating a digital model of an asset or an environment in real-time using a combination of LiDAR, photogrammetry and latest technologies. It aids in improving geospatial intelligence and enhancing situational awareness across various domains for broad area mapping, crisis intervention activities, and continuous monitoring and surveillance programs. Apart from this, this technology is widely utilized for the development of smart cities as it provides architecture, engineering and construction (AEC) professionals the tools and understanding to effectively plan, design, construct, and manage buildings and infrastructure activities.

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Key Market Segmentation:

Breakup by Component:

1. 3D Mapping
2. 3D Modeling

Breakup by Application:

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

Breakup by End-Use Industry:

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

Breakup by Region:

1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. Latin America

Competitive Landscape:

The report has also examined the competitive landscape of global 3D Mapping and Modeling Market. Some of the major players in the market are Vricon, Airbus, Autodesk, Bentley Systems, Alphabet, Trimble, Intermap Technologies, Esri, CyberCity 3D, Topcon, Dassault Systèmes, Adobe, Pix4D, Pixologic, Inc., Flight Evolved, MAXON, Onionlab, The Foundry Visionmongers, Mitsubishi Electric, Apple, etc.

Key highlights of the report:

• Market Performance
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Competitive Structure
• Profiles of Key Players

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This post was originally published on Stock Markets News

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IMARC Group is a leading market research company that provides market and business research intelligence across the globe. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. We make an effort to fulfill specific and niche requirements of the industry while balancing the quantum of quality with stipulated time and trace major trends at both the domestic and global levels. The information products and services provided by IMARC cover major technological, scientific and economic developments in industrial, pharmaceutical and high technology organizations.