The Europe 3D Mapping and Modeling Market would witness market growth of 16.0% CAGR during the forecast period (2023-2030).
One of the main drivers of the market growth is the expanding demand in the media and entertainment sector. The market is expanding due to the rising demand for 3D modeling to combine 3D effects in animated films. In addition, various 3D modeling tools and services are readily available, helping to produce realistic 3D models and special effects for animation and movies. Additionally, visual effects (VFX) technology is being quickly used by the entertainment sector to produce visually enhanced imagery using animation and computer graphics.
3D mapping and modeling solutions are being used in the defense and military sectors for enhancing geospatial intelligence, broad area mapping, and continually monitoring surveillance programs. Additionally, an optimistic market outlook is being provided by the expanding use of 3D mapping technology for measuring ventilation, visibility, and sunlight distribution between buildings.
The development of smart cities and the growing use of 3D modeling and mapping in topographic mapping are other factors driving the market's expansion. The market is also expanding as more 3D-capable products are being introduced including 3D scanners, sensors, game consoles, cellphones, TV displays, and desktop computers. Also, the growing need for 3D modeling and mapping in the healthcare sector during operations to map the human anatomy promotes market expansion.
A pilot project called “Understanding the Value of a European Video Game Society,” which will be handled by ECORYS Europe, was launched by the European Parliament and the European Video Game Society in January 2022. This study will help the European Commission comprehend the video gaming industry and how it impacts various governmental regulations. With 16.3 million users in 2019, PC gaming is the second-largest segment in Germany, after consoles with 15.9 million users. With the growing popularity of the gaming industry in this region, it is expected that there will be growth in the market.
The Germany market dominated the Europe 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 $1.1 billion by 2030. The UK market is estimated to witness a CAGR of 15% during (2023 - 2030). Additionally, The France market would register a CAGR of 16.9% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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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