3D mapping & 3D Modelling Market
Market Overview
The 3D mapping & 3D Modelling Market will register USD 6 billion at a CAGR of 26% from 2017 to 2023.
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Market Segments
Applications, verticles, and industry are the 3D mapping & 3D Modelling Market segments. Based on the segment industry, the market is divided into government, aerospace, defense, automotive, transportation, healthcare, construction and engineering, energy and utilities, media and entertainment and others. The engineering and construction will experience the highest growth due to 3D mapping and modeling in the construction of the building. The 3D mapping & 3D Modelling Market is bifurcated into inspection and measurement, object reconstruction, 3D projection and navigation, virtualization, etc. The projection and navigation segment will register high CAGR due to 3D-based technology to match videos to the building. By application segment, the market is bifurcated into 3D modeling, 3D projection mapping,3D laser mapping, 3D texture mapping. Each segment will contribute to the market’s growth in the forecast period.
Regional Analysis
The 3D mapping & 3D Modelling Market is functional in North America, Asia Pacific, Europe, Latin America and Africa. The Asia Pacific region will register the highest growth rate until 2023. The high population and increased use of software tools in the Asia Pacific region will increase the market growth. Demand for visualization, imagining sensors, modeling is also a growth factor for the market in the region. Realistic yet virtual views in different organizations fuel the 3D mapping & 3D Modelling Market growth. North America will also showcase a high growth rate during the forecast period. Increasing demand for 3D imaging sensors and visualization in different sectors like healthcare, construction, manufacturing, entertainment and others contributes to the market growth.
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