3D Mapping and 3D Modelling Market-Increasing Numbers of Developing Cities || Smart Device Activities to Fuel Demand

Market-Research

The global 3D mapping and 3D modelling market  is chiefly driven by the continuous demand for 3D mapping and 3D modelling in various industries such as advertising, defense, public safety, and retail. In creating topographies in combat areas, 3D maps are finding increasing usage. 3D projection mapping is largely utilized in the retail and advertising industries for a number of promotional activities.

“Trends such as navigation and mapping by utilizing 3D mapping technologies in electronic devices are anticipated to lead to steady growth opportunities for the market,” states a research analyst at TMR. The rising population and the swift increase in urbanization and industrialization are resulting into a large number of construction projects. The market growth is also driven by this factor, as the consumers are highly concerned about visualizing the construction sites and models before starting of the actual process. In this way, development of connected infrastructure across the globe stimulates the market growth.

In addition to this, the shift in consumer preference from 2D mapping to advanced 3D models and maps is likely to boost the global market remarkably over the forecast period. However, 3D model related issues such as STL file format provides confusion about the object’s size, which may obstruct the market’s growth to an extent in the years to come.

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In terms of geography, the research report segments the worldwide market for 3D mapping and 3D modelling into North America, Europe and Asia Pacific. With a share of 36.5%, North America led the global market in 2013. Rising number of restructuring of ancient buildings, castles, forts, and visualization of future construction projects stimulate the market growth in the region. The rising use of 3D modelling and mapping solutions for applications such as high resolution 3D geospatial data, developing 3D city models, traffic control and disasters also influences the market growth in this region, which is expected to remain high throughout the forecast period.