The
global 3D mapping and modeling market was valued at USD 2,916.8
million in 2013 and is expected to reach USD 4,416.5 million by 2020,
growing at a CAGR of 6.4% from 2014 to 2020. The growth of 3D mapping
market is primarily driven by the increasing use of 3D maps in the
mapping and navigation technologies such as geographical positioning
system (GPS) and geographical information system (GIS). The 3D
modeling market growth is driven by rapid adoption of 3D models in
various industry sectors such as the construction, automobile, video
entertainment, transportation and advertising.
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The
growing demand for accurate high resolution 3D geospatial data has
fueled the use of mobile mapping systems which are in turn used for
3D city modeling. 3D models are currently used to visualize future
construction projects, to restructure ancient buildings, forts and
castles, and to help in analysis of various simulation scenarios such
as disasters and traffic control. 3D models are also used for
visualizing complex geospatial data (places in a city). With the
advancements in 3D enabled devices, the need for quality and accuracy
in the 3D mapping industry is further expected to grow strong,
thereby driving solution providers to introduce new 3D mapping
solutions. This is expected further drive the market in the near
future. However lack of proper format and specialized software
training in developing 3D mapping and 3D modeling software as
compared to 2D software is one of the key factors inhibiting the
market growth.
Among
all application segments, mapping and navigation technology was the
largest segment in 2013 and accounted for 45.1% of revenue share of
the global 3D mapping and modeling market. The segment is expected to
witness the highest growth during the forecast period. Projection
mapping is also finding significant demand in advertising industry
owing to benefits such as reduced cost of advertising and time needed
for advertising. Technological advancements in projection mapping
such as the water base projection mapping and video car mapping are
likely to provide tremendous opportunities to the 3D mapping market
in the advertisement industry. The introduction of highly developed
mapping and navigation systems required for advanced applications
such as driverless cars is likely to fuel the market in the coming
future. Moreover, these mapping and navigation system are integrated
and enabled on electronic devices such as smart phones, tablets,
laptops and notebooks. These devices are currently witnessing a
rising adoption rate which in turn is expected to foster market
growth.
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Geographically,
North America was the largest market accounting for 36.5 % share in
2013 and is expected to observe the highest growth throughout the
forecast period. The 3D mapping and modeling market growth is also
influenced by developments across the various industry verticals. For
instance, 3D maps are used to visualize body parts of patients before
clinical trials in healthcare industry. Similarly, 3D models of
critical to operate body parts are used to practice surgeries. Driven
by research and development activities resulting in novel
applications and technologies, the global 3D mapping and 3D modeling
market is witnessing high level of concentration, with Autodesk, Inc.
dominating the market. The company accounted for 63.6% of the global
market revenue in 2013.
The
report studies the global 3D mapping and modeling market, and
provides estimates in terms of revenue (USD million) from 2014 to
2020. Market estimates have been provided for all market segments
across regions such as North America, Europe, Asia Pacific (APAC) and
Rest of the World (RoW).
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Global
3D Mapping Market Revenue, by Application
- 3D Projection Mapping
- Mapping and Navigation
- Others
Global
3D Mapping and Modeling Market Revenue, by End-User Industry
- Video Entertainment
- Construction
- Automobile
- Healthcare
- Transportation
- Others (Retail, Advertisement, Defense and Public Safety)
Global
3D Mapping and Modeling Market Revenue, by Geography
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
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