3D mapping and modeling market revenues were estimated at US$ 4.4 Bn in 2021 and is anticipated to grow at a CAGR of 13.8% from 2022-2032, according to a recently published FMI report. By the end of 2032, the market is expected to reach US$ 18.2 Bn.
Software tools 3D Mapping and Modeling held largest share in the market and this trend is likely to be continued due to the predicted CAGR of 13.3% in the next ten years. Market growth is expected to be fueled by the growing demand for software tools of 3D mapping and modeling owing to its demand which was being driven by its utility in areas like IT, medical and engineering.
