Global 3D Mapping and Modeling Market 2016-2020
Outlook of the global 3D mapping and modeling market
Technavio’s market research analyst predicts the global 3D mapping and modelling market to grow at a profound CAGR of around 9% during the forecast period. The augmented utilization of 3D mapping techniques in the healthcare sector is the primary growth driver for this market. In the healthcare sector, 3D mapping is increasingly being used to map the human anatomy and is also used for modeling during surgeries. Furthermore, its ability to effectively detect cancer cells is a significant factor that will impel market growth until the end of 2020.
In the construction sector, the ability of 3D mapping techniques to map locations and to create building models ahead of the real construction process will lead to its augmented adoption during the predicted period.
Geographical segmentation of the 3D mapping and modeling market
- North America
In this market study, analysts have estimated the North American region to be the largest market for 3D mapping and modeling during the forecast period. This region currently accounts for about 40% of the total market share and is envisaged to grow at an impressive CAGR of around 45% until 2020. In the Americas, the US is the major revenue contributor as many healthcare facilities in this region use 3D mapping techniques to detect diseases in patients.
Competitive landscape and key vendors
The global 3D mapping and modelling market is dominated by three major vendors. These companies have a strong geographical presence in the overall “maps” market.
Leading vendors in this market are -
Other prominent vendors in the market include Airbus Defence and Space, Cybercity 3D, Esri, Garmin, GE, Intermap, Biosense Webster, Philips, SAAB, St. Jude Medical, TomTom, Topcon, Trimble, and USGS.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the 3D mapping and modeling market?
- What are the key market trends impacting the growth of the 3D mapping and modeling market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the 3D mapping and modeling market?
- Trending factors influencing the market shares of APAC, North America, Europe, and ROW.
- What are the key outcomes of the five forces analysis of the 3D mapping and modeling market?
Technavio also offers customization on reports based on specific client requirement.