Autodesk (US), Saab AB (Sweden), Golden Software (US), Trimble (US), Bentley Systems (US), Alphabet (US), Intermap Technologies (US), Airbus (The Netherlands), Esri (US), CyberCity 3D (US), Topcon (Japan), Dassault Systèmes (France), Adobe (US), Pix4D (Switzerland), Pixologic (US), Flight Evolved (US), MAXON (Germany), Onionlab (Spain)3D Mapping and Modeling Market by Component (Software Tools and Services), 3D Mapping Application, 3D Modeling Application, Vertical (Government and Defense, Engineering and Construction, Transportation and Logistics), and Region - Global Forecast to 2025
MarketsandMarkets expects the global 3D Mapping and Modeling Market size to grow from 3.8 USD billion in 2020 to USD 7.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.0% during the forecast period. 3D mapping and modeling is a technology used to project a 2D or 3D object onto a display surface through spatial mapping. 3D mapping is often used by advertisers and artists to add dimension, movement, and depth to previously static objects, such as buildings or stages. It can be used to create, maintain, analyze, and share geospatial, engineering, and business information in a powerful MicroStation environment. Moreover, the software analyzes data with tools for buffering, overlays, thematic maps, and 3D clash detection and is used to perform shadow and solar analysis.
The services segment to record the higher growth rate during the forecast period
On the basis of components, the 3D mapping and modeling market is segmented into software tools and services. The services are segmented to grow at a higher rate during the forecast period. The services play a vital role in the functioning of 3D mapping and modeling market as the vendors require technical support services and consulting services to manage the effective deployment of these software tools. The services ensure faster and smoother implementation that maximizes the value of enterprise investments. They are an integral step in deploying technology software and are taken care of by software tool and service providers. These services ensure the end-to-end deployment and maintenance of 3D mapping and modeling software tools and address pre-and post-deployment queries as well. These services help companies plan and strategize operations through design, implementation, adoption, and training.
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The reporting and virtualization segment to record the highest CAGR during the forecast period
In the 3D mapping and modeling market by 3D mapping application, the reporting and virtualization segment is expected to record the highest CAGR during the forecast period. The 3D mapping and modeling market is segmented on the basis of 3D mapping applications such as, inspection and measurement, object reconstruction, projection and navigation, virtualization, and others (disaster, infrastructure, asset, and property management). Increasing demand for better visualization of 3D content to drive the growth of reporting and virtualization applications. Virtualization is the process by which graphical content is created using 3D software. The technology is being adopted by organizations to produce high-quality digital content. It helps 3D artists create spectacular visualizations that can be used in any industry. Real-time vitalization achieved via 3D mapping enables customers to better understand the designs and models.
Key and emerging market players include Autodesk (US), Saab AB (Sweden), Golden Software (US), Trimble (US), Bentley Systems (US), Alphabet (US), Intermap Technologies (US), Airbus (The Netherlands), Esri (US), CyberCity 3D (US), Topcon (Japan), Dassault Systèmes (France), Adobe (US), Pix4D (Switzerland), Pixologic (US), Flight Evolved (US), MAXON (Germany), Onionlab (Spain), The Foundry Visionmongers (UK), Mitsubishi Electric (Japan), Apple (US), WRLD (UK), GeoDigital (US), GeoSLAM (UK), Mapbox (US), DeepMap (US), Civil Maps (US), Hivemapper (US), Ivl5 (US), Shapr3D (Hungary), Innersight (UK), Astrivis (Switzerland), Pointivo (US), and Dynamic Map Platform (Japan).
Autodesk (US0 offers AEC Collection that helps customers design, engineer, and construct qualitative and predictable building and civil infrastructure projects, commonly used by AEC industry experts. The AEC Collection includes software, such as AutoCAD, AutoCAD Civil3D, and Revit. Its Product Design Collection offers connected, professional-grade tools that help customers make products and compete in the changing manufacturing landscape. Autodesk has acquired companies and formed partnerships with companies to develop its tools and simulation software for producing 3D models and 3D mapping solutions. For instance, in August 2020, Autodesk completed the acquisition of Pype and its portfolio of cloud-based software solutions for the construction industry. This acquisition and resulting product integrations will provide additional value for Autodesk Construction Cloud users, allowing general contractors, subcontractors, and owners to automate workflows, such as submittals and project closeout, to increase the overall productivity and reduce risks throughout the project lifecycle. Furthermore, in April 2020, Aurigo Software and Autodesk announced an alliance to develop the most comprehensive set of cloud-based solutions for public and private owners. Aurigo will integrate with Autodesk Construction Cloud, a powerful portfolio of construction management software and services. This would provide owners with a single end-to-end technology platform for design, planning, construction, and operations of infrastructure and private assets. As part of the alliance, Autodesk will acquire a minority stake in the privately-held Aurigo.
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Saab AB (Sweden) is an international company that contributes to increased security and defense capabilities in Sweden and other countries. The company witnessed substantial international growth in the recent years with an increased presence in key countries and with international partners. This can be attributed to the company’s strong Swedish base and a competitive product portfolio. Through a strong product portfolio, SAAB AB can offer modern and cost-efficient solutions to both current and new customers. SAAB AB is on a growth journey. Recent years have seen strong international growth through strategic collaborations and R&D activities. This has laid the foundation for a unique position as SAAB AB enters an execution phase and the focus is on cash flow. SAAB AB has made significant investments in the last decade, which, when combined with strategic partnerships, facilitate the company’s growth and result in a strong position in the global defense market.
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