The Asia Pacific 3D Mapping and Modeling Market would witness market growth of 17.3% CAGR during the forecast period (2023-2030).
Recent years have witnessed the growing use of location-based services to quickly track or navigate challenging terrain, maps, and navigation. The use of 3D mapping and modeling is expanding in these use cases due to the growing acceptance of graphical information systems (GIS), which provide individualized and detailed visualizations of map and navigation-based services.
Due to the widespread availability and technological developments in 3D equipment, including scanners, sensors, and GPS components, the market is anticipated to expand exponentially in the upcoming years. Additionally, the future expansion of the market is anticipated to be supported by the growing use of technology in existing mobile applications.
The market is anticipated to benefit from developing new applications, such as improved tracking for retail and marketing research across various industry verticals and improvements in mapping technology for improved user experience. In the upcoming years, developing AI and ML technologies to improve 3D content accuracy will also present favourable chances for the market expansion.
The growth of the market in this region may be attributed to the demand for 3D modeling, 3D visualization, and rendering software tools in the industrial, construction, media, and entertainment sectors and the healthcare and life sciences. Small and medium-sized businesses and government organizations in the region will increase demand for these products due to the growing need for a realistic representation of the product for marketing purposes. Due to economic factors pushing the development and maintenance of production facilities across Asia, the region is predicted to expand quickly. Therefore, the region’s growing economy, where numerous businesses are increasingly using 3D modeling and mapping to create their products, also is accountable for the expansion of the regional market.
The China market dominated the Asia Pacific 3D Mapping and Modeling Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.3 billion by 2030. The Japan market is anticipated to grow at a CAGR of 16.5% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 18% during (2023 - 2030).
Based on Offering, the market is segmented into Software, and Services. Based on Software Deployment Type, the market is segmented into On-premise, and Cloud. Based on Software Type, the market is segmented into 3D Modeling (Wireframe Modeling, Solid Modeling, Surface Modeling, and Others), 3D Mapping (3D Projection Mapping, GIS Mapping, Satellite & Aerial Imaging, Drone Mapping, and Others). Based on Technology, the market is segmented into LiDAR, Structured Light Scanning, Photogrammetry, SLAM, and Others. Based on Vertical, the market is segmented into Architecture, Engineering & Construction, Energy & Utilities, Media & Entertainment, Government & Defense, Agriculture, Healthcare & Lifesciences, Education, Automotive & Transportation, Manufacturing, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide 3D Mapping and Modeling Market is Projected to reach USD 16.3 Billion by 2030, at a CAGR of 16.4%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Google LLC (Alphabet Inc.), Dassault Systemes SE, Adobe, Inc., Hexagon AB, Bentley Systems, Inc., Airbus SE, Topcon Corporation, Autodesk, Inc., Apple, Inc., and Esri, Inc.
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