Asia-Pacific 3D Mapping and Modelling Market is expected to reach US$ 3266.40 million by 2028

Software Tools Segment to Dominate APAC 3D Mapping and Modelling Market during 2020–2028

According to The Insight Partners market research study on “APAC 3D Mapping and Modelling Market to 2028– COVID-19 Impact and Regional Analysis and Forecast by Deployment Type, Organization size, Component, 3D Mapping Application,3D Modelling Application and Vertical,” is expected to reach US$ 3266.40 million by 2028 from US$ 973.66 million in 2020. The market is estimated to grow at a CAGR of 16.5% from 2021 to 2028 The report provides trends prevailing in the APAC 3D mapping and modelling market along with the drivers and restraints pertaining to the market growth. Evolving Potential in Small & Medium-Sized Enterprises (SMEs) are the major factor driving the growth of the APAC 3D mapping and modelling market. However, issues associated Insufficiency of Skilled Workforce and Supporting Infrastructure in Developing Regions hinder the growth of the APAC 3D mapping and modelling market.

Due to the outbreak of COVID-19, APAC is expecting to witness a huge economic challenge. APAC is characterized by the presence of various developing countries, high industrial growth, positive economic outlook, and large population. Moreover, logistics is one of the prominent industries in Asian economy due to rising e-commerce, however due to government’s measures to reduce the spread of COVID-19 by announcing lockdowns, travel and trade bans have disrupted and delayed the operations in manufacturing, construction, logistics, and other industries. Thus, slow down of major industries in APAC has subsequently affected the adoption of 3D mapping and modelling tools, which, in turn has hampered the market growth.

The APAC 3D mapping modelling market is segmented by following segments: Component, 3D Mapping Application, 3D Modelling Application, Deployment Type, Organization Size, Vertical, and country. By component, the market is divided into software tools and services, wherein software tools are further bifurcated into 3D mapping & 3D modelling and services are further bifurcated into professional & managed services. In 2020, software tools held a significant share of the overall market. 3D mapping market is segmented into following applications, namely, inspection and measurement, object reconstruction, projection and navigation, reporting and virtualization, and others. Similarly, 3D modelling market is segmented into following key applications, i.e. product marketing, animation and movies, gaming and designing, architectural rendering, and others. Based on deployment type, the market is divided into cloud and on-premises. Cloud based solutions are anticipated to be the fastest growing over the forecast period of 2021 to 2028. On the basis of organization size, the market is segmented into SMEs and large enterprises. Large enterprises segment contributed the largest market share in the year 2020 and it is anticipated to continue its dominance over the forecast period. Based on industry vertical, the market is segmented into retail and consumer goods, engineering and construction, healthcare and life sciences, transportation and logistics, government and defence, energy and utilities, media and entertainment, manufacturing, and others. Engineering and construction industry was the largest revenue contributor in 2020.

Pix4D SA, Maxon Computer GmbH, WRLD, Mapbox, GeoSLAM, Astrivis, DeepMap, Civil Maps, Dynamic Map Platform Co., Ltd. Dynamic Map Platform Co., Ltd, Bentley Systems Incorporated, Alphabet Inc., Esri, Autodesk, Inc., Intermap Technologies, The Foundry Visionmongers Limited, Trimble Inc SaaB AB, Dassault Systèmes SE, Adobe, Mitsubishi Electric Corporation, Topcon Corporation, Apple Inc are among the leading companies in the APAC 3D mapping and modelling market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Pix4Dcloud, a standalone product with a more powerful platform Pix4Dcloud Advanced.

The report segments the APAC 3D Mapping and Modelling Market as follows:

APAC 3D Mapping and Modelling Market – By Deployment Type

• Cloud
• On-premises

APAC 3D Mapping and Modelling Market – By Organization Size

• SMEs
• Large Enterprises

APAC 3D Mapping and Modelling Market – By Component

• Software Tools
• Services

APAC 3D Mapping and Modelling Market – By 3D Mapping Application

• Inspection and Measurement
• Object Reconstruction
• Projection and Navigation
• Reporting and Virtualization
• Others 3D Mapping Applications

APAC 3D Mapping and Modelling Market – By 3D Modelling Application

• Product Marketing
• Animation and Movies
• Gaming and Designing
• Architectural Rendering
• Other 3D Modelling Applications

APAC 3D Mapping and Modelling Market – By Vertical

• Retail and Consumer Goods
• Engineering and Construction
• Healthcare and Life Sciences
• Transportation and Logistics
• Government and Defence
• Energy and Utilities
• Media and Entertainment
• Manufacturing
• Other Verticals

APAC 3D Mapping and Modelling Market – By Country

• China
• Japan
• South Korea
• India
• Australia
• Rest of APAC