North America 3D Mapping and Modelling Market is expected to reach US$ 4526.42 million by 2028

On-premises Segment to Dominate North America 3D Mapping and Modelling Market during 2020–2028

According to The Insight Partners market research study on “North America 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$ 4526.42 million by 2028 from US$ 1500.17 million in 2020. The market is estimated to grow at a CAGR of 15.0% from 2021 to 2028 The report provides trends prevailing in the North America 3D mapping and modelling market along with the drivers and restraints pertaining to the market growth. Rising Demand for 3D Animation are the major factor driving the growth of the North America 3D mapping and modelling market. However, issues associated Lack of Skilled Workforce and Supporting Infrastructure in Developing Regions hinder the growth of the North America 3D mapping and modelling market.

North America is well-known for the adoption of new technologies owing to favourable government policies to boost innovation, presence of various technological companies, and high adoption of advanced technologies in various industry verticals especially in developed countries such as Canada and the US. Thus, any negative impact on the growth of industries is expected to hamper the economic growth of the region. The US, Canada, and Mexico have witnessed a significant rise in the number of COVID-19 infected patients. This has forced the governments to impose lockdowns to limit human movement, thereby leading the manufacturing, construction, transport, and warehouses facilities to experience lower than usual production volumes, which is negatively impacting the adoption rate of 3D mapping and modelling tools.

The North America 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.

Golden Software, LLC, CyberCity 3D, Inc.,Pix4D SA, Pixologic, Inc., Flight Evolved, Maxon Computer GmbH, WRLD, GeoDigital, GeoSLAM, Mapbox, DeepMap, Civil Maps, Hivemapper Inc., 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 North America 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, Golden Software, LLC released updated 3D surface mapping package.

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

North America 3D Mapping and Modelling Market – By Deployment Type

• Cloud
• On-premises

North America 3D Mapping and Modelling Market – By Organization Size

• SMEs
• Large Enterprises

North America 3D Mapping and Modelling Market – By Component

• Software Tools
• Services

North America 3D Mapping and Modelling Market – By 3D Mapping Application

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

North America 3D Mapping and Modelling Market – By 3D Modelling Application

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

North America 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

North America 3D Mapping and Modelling Market – By Country

• US
• Canada   
• Mexico