South & Central America 3D Mapping and Modelling Market

The 3D mapping and modelling market in South & Central America is expected to grow from US$ 195.44 million in 2021 to US$ 414.29 million by 2028. It is estimated to grow at a CAGR of 11.5% from 2021 to 2028.

Initially, 3D mapping and modelling tools were limited as designers had to develop object models from scratch, which acted as a constraint for the market growth. However, over the last decade, technological advancements in image sensors, lenses, thermal sensors, and environment recognition and capturing devices have propelled the uptake of 3D mapping and modelling software across various industries, including transport & logistics, engineering & construction, real estate, agriculture, and manufacturing. Therefore, capturing devices can identify an object's length, height, and width in detail. The captured data can be integrated with 3D mapping and modelling tools, allowing designers and engineers to develop project models or plan for further changes, ultimately saving cost and time by eliminating the need for them to visit facilities and measure the dimension physically. Nowadays, the concept of materialization is realized through additive manufacturing, often known as 3D printing. The method uses specialized machinery to add certain materials to the final product. The software requirements are the same as 3D modelling, requiring a mix of 3D and computer-aided design (CAD) tools. With these capabilities, 3D mapping and modelling tools enable users to streamline the process of planning, optimize the floor space of the project, assess structural conditions, and view thermal imaging to identify areas of weakness. Hence, with the development of robust object and environment recognition capturing devices and the increasing trend of creating an enhanced user experience, the 3D mapping and modelling market is witnessing significant growth across the region.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South & Central America 3D mapping and modelling market at a substantial CAGR during the forecast period.

South & Central America 3D Mapping and Modelling Market Revenue and Forecast to 2028 (US$ Million)  

South & Central America 3D Mapping and Modelling Market Segmentation

The South & Central America 3D mapping and modelling market is segmented on the basis of components, 3D mapping application, 3D modeling application, deployment type, organization size, vertical, and country. Based on components, the market is bifurcated into software tools and services. In 2021, the software tools segment held a larger share of the market. However, the services segment is expected to register a higher CAGR during the forecast period. Based on 3D mapping application, the South America 3D mapping and modelling market is segmented into inspection and measurement, object reconstruction, projection and navigation, reporting and virtualization, and others 3D mapping applications. In 2021, the projection and navigation segment held the largest market share, and the reporting and virtualization segment is expected to register the highest CAGR in the market during the forecast period. Based on 3D mapping application, the market is segmented into product marketing, animation and movies, gaming and designing, architectural rendering, and other 3D modelling applications. The animation and movies segment held the largest market share in 2021 and is expected to register the highest CAGR in the market during the forecast period. Based on deployment type, the South America 3D mapping and modelling market is bifurcated into cloud and on-premises. In 2021, the on-premises segment held a larger share of the market, whereas the cloud segment is expected to register a higher CAGR during the forecast period. Based on organization size, the market is bifurcated into SMEs and large enterprises. In 2021, the large enterprises segment held a larger share of the market; and SMEs is expected to register a higher CAGR during the forecast period. Based on vertical, the market is segmented into retail and consumer goods, engineering and construction, healthcare and life sciences, transportation and logistics, government and defense, energy and utilities, media and entertainment, manufacturing, and other verticals. In 2021, the engineering and construction segment held the largest market share. However, the media and entertainment segment is expected to register the highest CAGR in the market during the forecast period. Based on country, the market is segmented into Brazil, Argentina, and Rest of SAM. In 2021, Brazil held the largest market share; and it is expected to grow at the fastest CAGR during the forecast period.

Pix4D SA; Pixologic, Inc.; Maxon Computer GmbH; WRLD; GeoSLAM; Bentley Systems Incorporated; Alphabet Inc.; Esri; Autodesk, Inc.; Airbus; Trimble Inc.; Saab AB; Dassault Systèmes; Adobe; Mitsubishi Electric Corporation; Topcon Corporation; and Apple Inc. are among the leading companies in the South & Central America 3D mapping and modelling market.