The global 3D Modeling Market size is projected to grow from USD 5.4 billion in 2023 to USD 11.8 billion by 2028, at a compound annual growth rate (CAGR) of 17.2% during the forecast period, according to a new report by MarketsandMarkets™. The 3D mapping and modeling market is expected to grow significantly during the forecast period, owing to various business drivers like the rising adoption of big data and other related technologies to leverage real-time data processing and the growing demand for cloud-based analytics solutions for better accessibility and cost-effectiveness.
Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=819
3D Modeling Market Dynamics:
- Growing demand for 3D animation in mobile applications, gaming, and videography.
- Technological advancements in 3D scanners, sensors, and other acquisition devices
- Widespread availability of 3D content
- Advent of 3D-enabled display devices
- Increase in corruption and piracy concerns.
- High technological and installation costs
- Emergence of AI and ML technologies.
- Rising popularity of AR and VR technologies across key industries
- Integration of 3D mapping and modeling solutions with sensors and IoT devices to collect real-time data
List of Key Players in 3D Modeling Market:
- 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)
Get Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=819
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.
By region, Asia Pacific accounted for highest growth rate during forecast period
Asia Pacific is witnessing significant technological innovation in 3D mapping and modeling. Several Asian countries, such as Japan, China, and India, are leveraging information-intensive technologies, and 3D mapping and modeling is one of the leading technology trends. With new growth opportunities declining in conventional, strong markets such as North America and Europe, several vendors are interested in Asia Pacific. China, Japan, and India are technology-driven countries and present major opportunities in terms of investments and revenues.
Inquire Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=819
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062