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The growing emphasis on sustainability and the surging number of green initiatives are major factors accelerating the market development. The rising regulatory and government efforts for reducing the environmental impacts of 3D mapping and modeling technologies is driving the popularity of eco-friendly materials and energy-efficient processes. For example, in July 2022, the Canadian Government invested $8 million in Ecopia AI for creating high-precision 3D Map of Canada for supporting net-zero initiatives. The surging deployment of 3D land mapping for land profiling of work sites for bringing
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3D Mapping and Modeling Market Growth Potential & Forecast, 2032
Industry Insights • The growing emphasis on sustainability and the surging number of green initiatives are major factors accelerating the market development. The rising regulatory and government efforts for reducing the environmental impacts of 3D mapping and modeling technologies is driving the popularity of eco-friendly materials and energy-efficient processes. For example, in July 2022, the Canadian Government invested $8 million in Ecopia AI for creating high-precision 3D Map of Canada for supporting net-zero initiatives. The surging deployment of 3D land mapping for land profiling of work sites for bringing transparency in better monitoring of projects is another emerging trend contributing to the industry growth.
Based on deployment model, the cloud segment is likely to hold substantial share of the 3D mapping and modeling market by 2032. Driven by their accessibility, scalability, and collaborative capabilities, cloud-based 3D mapping and modeling technologies are deployed in numerous applications, including real estate, gaming, infrastructure management and mining. • With the rapid rate of urbanization, city planners and architects are using cloud-based 3D mapping solutions to create accurate as well as detailed representations of urban areas. Increasing application scope in the healthcare sector for surgical planning will also anchor the market growth. For instance, in January 2021, Royal Philips integrated cloud-driven AI and 3D mapping into its mobile Zenition c-arm system series for enhancing the workflow efficiency and endovascular treatment outcomes.
Regional Analysis Europe 3D mapping and modeling market size is expected to reach USD 4 billion by the end of 2032 owing to the surging popularity of autonomous vehicles. In April 2022, Germany completed the legal framework for autonomous driving. The significantly expanding aerospace and defense industries in the region is driving the adoption of 3D mapping and modeling for aircraft design, maintenance, and simulation. Moreover, the growing advancements in LiDAR technology to match the increasing requirements for urban planning and environmental monitoring will also drive the regional industry expansion. • Competitive Analysis • Adobe, Airbus, Autodesk, Bentley Systems, CyberCity 3D, Esri, Geodigital, Golden Software, MAXON, Mitsubishi Electric, Onion Lab, Saab AB, Topcon, Trimble, and WRLD.
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