3D Mapping and Modeling Market Growth
Potential & Forecast, 2032

As per a recent research report, 3D
Mapping and Modeling Market surpass USD 18.7 Billion by 2032.

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.

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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.

With respect to application, the 3D mapping and modeling market
from the maps and navigation segment may expand significantly by 2032. 3D
mapping and modeling solutions are increasingly preferred for improving maps
and navigation with more comprehensive as well as visually engaging
representation of the environment. They also assist in enhancing the user
experience while helping to make informed decisions while exploring, traveling
and planning various activities. In May 2023, Google Maps announced its plans
to launching 3D map experience to 15 cities across the globe. The surge in such
navigation initiatives will prove favorable for the market growth.

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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.

Partial chapters of report table of contents
(TOC):

Chapter 2   Executive Summary

2.1    3D mapping and modeling market 360º
synopsis, 2018 - 2032

2.2    Business trends

2.2.1    Total Addressable Market (TAM),
2023-2032

2.3    Regional trends

2.4    Type trends

2.5    Application trends

2.6    Deployment model trends

2.7    End use trends

Chapter 3   3D Mapping and Modeling Market
Industry Insights

3.1    Impact on COVID-19

3.2    Russia- Ukraine war impact

3.3    Industry ecosystem analysis

3.4    Vendor matrix

3.5    Profit margin analysis

3.6    Technology innovation landscape

3.7    Patent analysis

3.8    Key news and initiatives

3.9    Regulatory landscape

3.10    Impact forces

3.10.1    Growth drivers

3.10.1.1    Growing urbanization and
infrastructure development

3.10.1.2    Increasing adoption of
autonomous vehicles

3.10.1.3    Rising use of 3D mapping and
modeling in disaster management and response

3.10.1.4    Rise in industry 4.0

3.10.1.5    Growing popularity of virtual
reality

3.10.2    Industry pitfalls & challenges

3.10.2.1    Complexity and skill gap

3.10.2.2    Stringent government
regulations and lack of investments

3.11    Growth potential analysis

3.12    Porter’s analysis

3.13    PESTEL analysis

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