"Smart Strategies, Giving Speed to your Growth Trajectory"
The 3D mapping and 3D modeling market size was valued at USD 6.11 billion in 2023. The market is projected to grow from USD 6.77 billion in 2024 to USD 22.19 billion by 2032, exhibiting a CAGR of 16% during the forecast period. The 3D Mapping and Modeling Market in the U.S. is projected to grow significantly, reaching an estimated value of USD 5,038.1 million by 2032, driven by Increasing Adoption of 3D Modeling Across Architecture & Construction, and Gaming Industries.
3D modeling involves using specialized software to create a three-dimensional representation of an object. This is done by manipulating the edges, vertices, and polygons in a simulated 3D space. On the other hand, 3D mapping technology uses machine learning algorithms to profile objects and generate a 3D view that can be mapped into the real world. It maps objects in the x, y, and z axes, giving them a three-dimensional representation.
The market is expected to grow due to the rising use of 3D mapping and modeling, which helps in identify the problems in projects before construction, thereby saving time and money. The market will also be driven by the increasing adoption of these technologies in emerging economies and their application in healthcare for better understanding of the human body.
3D mapping and modeling software experienced a rise in consumer interest during the COVID-19 pandemic. Industries, such as e-commerce, logistics, online education, food delivery, healthcare, and more witnessed notable growth as they utilized 3D mapping & 3D modeling solutions to improve their customer-facing applications.
ESRI (Environmental Systems Research Institute Inc.) used mathematical modeling and spatial analytics to calculate and show COVID-19 forecasts. This helped policymakers understand the effects of their decisions and use smart maps to explore different scenarios for response and recovery efforts. Additionally, the geospatial private sector will keep developing advanced tools, such as 3D models to address the unique requirements and difficulties of urban areas.
Rapid Adoption of LiDAR and Photogrammetry Technologies to Expand Market Growth
The use of LiDAR and photogrammetry technologies in 3D mapping & 3D modeling has greatly enhanced their accuracy and efficiency in different industries. These technologies, including LiDAR, aerial imagery, and satellite images, have played a crucial role in capturing field data for creating high-definition 2D and 3D maps. They find applications in mining, agriculture, engineering, construction & infrastructure, insurance, urban & smart city solutions, as well as oil & gas upstream and midstream sectors.
LiDAR applications have been greatly expanded, thanks to the advancements in drone technology and relaxation of regulations. This has led to new opportunities for the use of LiDAR in the U.S., Australia, and other countries. For instance,
Request a Free sample to learn more about this report.
Increasing Adoption of 3D Modeling Across Architecture & Construction, and Gaming Industries to Accelerate Market Growth
Architects have been increasingly relying on emerging technologies, such as 3D modeling to overcome the limitations of traditional methods and bring their innovative ideas to work in real-time.
3D modeling helps architects develop detailed virtual models of building spaces. It allows them to evaluate and visualize various aspects of a project, such as materials, lighting, proportions, and composition, even before the physical construction starts. This helps them captivate their end users as they are able to visualize their desired building structure.
Augmented Reality (AR) and Virtual Reality (VR) are important trends in 3D modeling in architecture. VR allows architects and clients to interact with virtual models, providing an immersive experience. By using VR headsets, users can walk through the virtual building, helping them assess the proportions, scale, and architectural details. This realistic understanding of the future project helps customers in making informed decisions.
Lack of Awareness, Skilled Professionals, and Use of Unlicensed Software to Hinder Market Growth
The restraining factors of the market include a lack of awareness of the capabilities of 3D technologies across several industries, lack of skilled professionals, use of unlicensed tools, and discrepancies in the functioning of 3D mapping & 3D modeling solutions.
Several market players rely on Architectural Engineering and Construction (AEC) and the automotive industries for the growth of their sales. This reliance is due to the interactive 3D and 2D technologies being in the developing phase in industries beyond gaming and AEC. Other industries are yet to implement 3D technology at its complete potential. Moreover, the uncertainty of whether these industries will implement this technology as expected or how rapidly it will develop can hinder the adoption of 3D creation tools across these industries.
Another major factor hampering the adoption of 3D creation tools is the lack of interoperability and certain software showcasing error-prone programming. In addition, there are certain procedures in developing 3D models that are heavily dependent on expert manuals despite increased digitization.
Demand for Immersive Content Emerges As Driving Force for Using 3D Modeling in Various Industries
Based on type, the market is bifurcated into 3D mapping and 3D modeling.
The 3D modeling solution segment held the largest market share in 2023. It serves in various industries, such as architecture, engineering, construction, gaming, entertainment, and healthcare. These applications makes accounts for a broad customer base for the tool. Moreover, the growing demand for immersive content in many industries will also drive the segment’s growth. The attractiveness of 3D modeling enhances its market position as it is valuable for design, simulation, and presentations.
The 3D mapping solution segment is expected to witness the highest CAGR over the forecast period. Governments and organizations around the world are increasingly relying on 3D mapping for geospatial applications, such as urban planning, Geographic Information System (GIS), and environmental monitoring.
Furthermore, the global efforts to develop more smart cities are driving substantial investments in spatial mapping to improve the effectiveness and control of infrastructure and utilities. Real-time 3D mapping data is also greatly advantageous for disaster management as it assists in evaluating terrains and facilitating disaster response operations.
Use of Cloud-based 3D Mapping & 3D Modeling Increased Due to Adoption of Cloud Software in Tech Industry
Based on deployment, the market is bifurcated into on-premise and cloud.
In 2023, the cloud deployment segment dominated the 3D mapping & 3D modeling market share, and is expected to continue its strong growth in the coming years. Cloud-based software is becoming more prevalent in the tech industry, thereby benefiting various sectors. The market for cloud-based solutions has doubled in the last three years.
As the cloud becomes more popular in the tech industry, 3D mapping & 3D modeling solution providers are also adopting the same. They are shifting from on-premise solutions to Software-as-a-Service (SaaS), which caters to organizations that prioritizes the cloud. According to industry forecasts, cloud technologies will make up for 37% of the digital transformation and IT spending in 2026, compared to 27% in 2021. This shift is driven by the increasing prevalence of the remote work culture, highlighting the important role of the cloud in the market.
Growing Integration of Projection Mapping with Virtual Reality for Multi-dimensional Experience Drives Product Demand
Based on application, the market is segmented into projection mapping, maps & navigation, texture mapping, and others (virtualization).
In 2023, projection mapping was the main source of revenue in the application segment. 3D projection mapping is the process of projecting digital content onto physical objects and surfaces, bringing static environments to life. The market growth is being driven by the increasing need for projection systems in festive occasions, mega sports events, and the hospitality industry to create immersive visual spectacles. 3D projection mapping enhances the immersive capabilities of both technologies when combined with virtual reality, thereby providing a dynamic and multi-dimensional experience that deeply engages customers.
The maps & navigation application segment is expected to register the highest CAGR during the forecast period. The segment’s growth can be attributed to various factors, such as the increasing consumer demand for advanced navigation solutions, especially on smartphones and GPS-enabled devices. High-precision 3D maps are crucial for the safe navigation of autonomous vehicles, such as self-driving cars and delivery drones. Urban planners also rely on detailed 3D maps to optimize city development and implement smart initiatives in the face of rapid urbanization. Additionally, 3D mapping plays a vital role in logistics and e-commerce by facilitating efficient route planning and delivery optimization, which ultimately reduces costs and minimizes environmental impact.
To know how our report can help streamline your business, Speak to Analyst
Demand for Detailed Visualization and Cloud Collaboration Practices in Healthcare Sector to Boost Product Use
By end-use industry, the market is divided into AEC (architecture, engineering & construction), automotive, manufacturing, healthcare, oil & gas, media & entertainment, transportation & logistics, and others (education).
The healthcare industry is projected to experience the highest growth in the adoption of 3D mapping & 3D modeling solutions. Spatial mapping and Geographic Information Systems (GIS) are being used for different purposes in the healthcare sector. 3D navigation mapping systems have ushered in a new era of precision and safety in cardiac electrophysiology. In addition, 3D mapping and modeling solutions provide real-time guidance, allowing physicians to position catheters and monitor their movement within the heart precisely.
The AEC industry segment is leading the market share at present. The segment’s growth is due to the wide range of uses of 3D mapping and modelling solutions, such as visualizing complex projects, collaborating effectively, saving time & money, and considering sustainability. 3D modeling plays a crucial role in accurate planning, minimizing mistakes, and meeting strict regulations. Additionally, the increase in construction projects in developing nations, such as China, India, South Africa, Brazil, and South Korea, fueled by urbanization and infrastructure development, will greatly contribute to the segment’s expansion.
The market scope is classified across five regions, namely North America, South America, Europe, the Middle East & Africa, and Asia Pacific.
North America 3D Mapping & 3D Modeling Market Size, 2023 (USD Billion)
To get more information on the regional analysis of this market, Request a Free sample
In 2023, the North American market held the highest share. This region is a major centre for the market due to its strong technology infrastructure and increasing need for spatial data solutions. Various industries, such as urban planning, construction, and entertainment are embracing spatial mapping and modeling technologies for purposes, such as city planning, architectural design, and virtual reality experiences.
To know how our report can help streamline your business, Speak to Analyst
Asia Pacific is anticipated to record the highest CAGR in this market. This growth can be attributed to the increasing demand for 3D imaging sensors, modeling, and visualization software tools in various industries, such as healthcare, manufacturing, construction, and media & entertainment. Small and medium-sized companies, as well as government agencies in the region are also driving the demand for 3D mapping and modeling solutions for marketing purposes. The regional market’s expansion is further fueled by the adoption of cloud and IoT technologies, as well as the growing use of the Internet.
In Europe, the field of 3D modeling has experienced significant expansion and advancement in recent years. According to a survey by SAP SE, about 70% of organizations in the U.K. planned to adopt new technologies to help them overcome various manufacturing and designing challenges. The continuous progress in technology, coupled with the rising desire for immersive experiences, has paved the way for a promising future for 3D mapping & 3D modeling solutions in the region.
The Middle East is also experiencing growth in the global market due to huge investments in the construction industry and infrastructure development projects in countries, such as Saudi Arabia and the U.A.E. According to the latest industry survey in the Middle East, the adoption of technology in the construction industry passed the 50% mark for the first time in 2022. This is, in turn, further driving the 3D mapping and 3D modeling market growth in the region.
Moreover, rising investments in digital transformation initiatives in South American countries, such as Brazil and Argentina is driving the market growth in the region. In April 2021, the Inter-American Development Bank (IDB) provided around USD 1 billion of funding to Brazil to adopt the digital transformation strategy. The investment was made to adopt various advanced technologies, such as cloud computing, AI, and machine learning.
Product Enhancements and Strategic Partnerships by Major Players Will Help Them Gain Competitive Edge
Leading market players, such as Dassault Systèmes, Autodesk Inc., ESRI, PTC, Bentley Systems, and others are implementing various commercial plans and strategies. Upgrading solutions with innovative mechanisms is one of the substantial approaches taken by these companies. Likewise, many prominent players are intentionally collaborating and forming alliances with other firms to achieve global expansion.
An Infographic Representation of 3D Mapping and Modeling Market
To get information on various segments, share your queries with us
The research report includes information on prominent regions across the globe to get a better knowledge of the market. Furthermore, it provides insights into the most recent industry trends and an analysis of technologies that are being adopted quickly on a global scale. It also emphasizes on the market’s drivers and restraints, allowing the reader to obtain a thorough understanding of the market.
ATTRIBUTE | DETAILS |
Study Period | 2019–2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024–2032 |
Historical Period | 2019–2022 |
Growth Rate | CAGR of 16.0% from 2024 to 2032 |
Unit | Value (USD billion) |
Segmentation | By Type
By Deployment
By Application
By End-use Industry
By Region
|
Fortune Business Insights says that the market was valued at USD 6.11 billion in 2023.
Fortune Business Insights says that the market value is expected to reach USD 22.19 billion by 2032.
A CAGR of 16% will be observed in the market during the forecast period of 2024-2032.
By application, the maps & navigation segment is expected to showcase the highest CAGR during the forecast period.
Increasing adoption of 3D modeling software across the architecture & construction and gaming industries will accelerate the market growth.
Autodesk Inc., ESRI Inc., Bentley Systems Inc., Trimble Inc., and CyberCity 3D, Inc., among others, are the top players in the market.
Asia Pacific is expected to record the highest CAGR.
By end-use industry, the healthcare industry segment is expected to record a leading CAGR during the forecast period.
US +1 833 909 2966 ( Toll Free )