3D Geographic Information System (GIS) Market - Forecast(2024 - 2030)
3D Geographic Information System (GIS) Market Overview
The global 3D Geographic Information System
(GIS) market size is forecast to reach $18.9 billion, growing at a CAGR of 12.6%
from 2022 to 2027. 3D Geographic Information System (GIS) refers to a
geographic coordinate system that utilizes a digital elevation model to
capture geographical spatial information or location data in 3D format.
Integration of GIS with enterprise resource planning have been eventually
growing overtime, ensuring data viewing view in spatial dimension for mapping
plant locations, analyze supply chain as well as track the flow of materials or
finished products, within manufacturing industries. Adoption of 3D GIS helps in
improving ortho rectified
satellite imagery, with the capability of rectify images and providing
geometrical correction, thus aiding its market growth. Additionally, rising
investment on infrastructural development or construction projects, adoption of
location intelligence in varied industries including defense, mining,
agriculture and others, along with the increased governmental focus on tracking or
monitoring of illegal or unauthorized construction buildings or property can
also help in driving the market forward. Furthermore, the rising occurrence of natural
calamities like earthquakes, floods and many others driving the need for
disaster management, as well as growing adoption of spatial data within cloud
environment is set to positively impact the growth of global 3D GIS industry in
the long run.
Report Coverage
The report: “3D Geographic Information System market Forecast (2022-2027)”, by
IndustryARC covers an in-depth analysis of the following segments of the 3D Geographic Information System industry.
By Offering: Hardware (Sensors, Memory & Disk Space Devices, Others), Software, Services.
By Deployment Mode: Cloud, On-premises.
By Application: Telematics & Navigation, Mapping & Surveying, Building Information Modelling, Location
Intelligence, Others
By End Users: Building,
Construction & Engineering, Government & Public Sector, Agriculture, Aerospace
& Defense, Oil & Gas, Mining, Transportation & Logistics, Others.
By Geography - North America (U.S, Canada, Mexico), Europe (Germany, U.K,
France, Italy, Spain, Others), APAC (China, Japan,South Korea, India, Australia, Others), South America (Brazil, Argentina, Others), RoW
(Middle East, Africa).
Key Takeaways
- 3D GIS Software segment is analyzed to witness the fastest growth with the highest CAGR during the forecast period 2022-2027, owing to growing demand towards mobile based mapping or location tracking solutions as well as adoption of advanced technologies like cloud computing, machine learning and others.
- APAC 3D GIS market held the largest share in 2021, attributing to factors like governmental initiatives for improving urban planning, and increasing demand for geospatial mapping or remote sensing applications across various industries.
- Rising rate of natural calamities including earthquakes, floods and others with disaster management requirements along with growing adoption of cloud based spatial data is analyzed to significantly drive the global 3D GIS market during 2022-2027.
Global 3D Geographic Information System (GIS) Market Value Share, By Region, 2021 (%)
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3D Geographic Information System (GIS) Market Segment Analysis - By Offering
Based on
offering, Software segment is analyzed to witness the highest CAGR of 7.3% in
the global 3D Geographic Information System (GIS) market during 2022-2027. Growing
demand towards mobile based mapping or location tracking solutions, increased adoption
of cloud computing, machine learning and other advanced technologies, along
with need for cost effective location intelligence tools have been attributing
to its market growth. Deployment of 3D GIS software models help in improving
data visualization, advanced analytics, data sharing across varied platforms,
real-time access with mobile or web support and many others, which eventually
aids its market growth overtime. Moreover, elimination of additional hardware
setup or maintenance costs, along with availability of subscription options, be
it annual, monthly or free version packages with limited benefits, can be
considered vital in boosting the market growth towards 3D GIS software in the
long run. In September 2021, Euclideon announced the launch of a
geospatial SaaS platform, named udCloud, integrated with its unlimited detail
software, in order to offer management, processing as well as visualization of
massive amounts of 3D spatial data. This development was meant to eliminate the
data size or scale limitations, enabling faster and accurate data visualization
for varied organizations or end users. Such factors are further set to propel
the market demand towards 3D GIS software in the long run.
3D Geographic Information System (GIS) Market Segment Analysis - By End Users
Building, Construction
& Engineering sector is analyzed to grow with the highest CAGR of 11.2% in
the global 3D Geographic Information System (GIS) market during the forecast period
2022-2027. Factors attributing to the market growth includes rising
construction or infrastructural projects, growing adoption of three-dimensional
mapping or surveying for architecture designing, planning and others, along
with rapid urbanization have been attributing to its market growth. In
addition, growing emphasis on monitoring illegal constructions by government
bodies as well as increasing shift towards leveraging intelligent construction
management tools for geospatial analytics to reduce overall project costs and
completion time period can also help in driving its market forward. Moreover, the adoption of advanced technologies for improving urban planning activities or
smart infrastructural projects, along with growing investment towards
construction activities will also help in assisting its market growth overtime.
According to United States Census Bureau, the construction spending during
September 2021 was around $1,573.6 billion, compared to
$1,582.0 billion in the previous month. In October
2021, GHD Digital had revealed about achieving the Esri Partner network
speciality, under which Esri will provide offering, consultation as well as
implementation of ArcGIS Urban software for urban designers and planners. Through
this, GHD achieved a level of expertise while offering immersive 3D experience
for municipalities as well as local governments, in streamlining urban planning
projects. Such factors can be considered vital in boosting the market growth of
3D GIS within construction industry in coming years.
3D Geographic Information System (GIS) Market Segment Analysis – By Geography
North America region dominated the global 3D Geographic Information System (GIS) market with a share of 35% in 2021, and is also analyzed to have significant growth during the forecast period 2022-2027. Factors including rapid urbanization, growing demand towards geospatial mapping or remote sensing applications across varied industries, along with governmental initiatives for improving urban planning have attributed to its market growth in the region. In addition, the growing need for monitoring or tracking illegal construction buildings or sites alongside rising occurrence of natural disasters like earthquakes, floods, hurricanes and many others have been also driving its market growth forward. In October 2021, the Japan Meteorological Agency had reported a strong earthquake, with preliminary magnitude of 6.1 in Tokyo, which had the capabilities of causing damages to buildings as well as power cuts. These incidents show the need for monitoring climatic conditions, in order to generate early notification or alerts regarding disaster occurrence events. In August 2021, Lucknow Development Authority (LDA) had revealed its collaboration with the Remote Sensing Application Centre, under which digital mapping will be used as a part of monitoring unauthorized construction and infrastructures within the city limits. Such initiatives by the Indian state government for tracking illegal construction sites within the city, utilizing satellite view, drone surveys as well as Google maps are set to influence the market growth of 3D GIS in the coming time.
3D Geographic Information System (GIS) Market Drivers
Rising rate of natural calamities including earthquakes, floods and others with disaster management requirements positively impacts the market growth of 3D Geographic Information System (GIS) Market
The rising rate of natural calamities including
earthquakes, floods and others with disaster management requirements can be
considered as one of the major factors driving the growth towards 3D Geographic Information System (GIS) market. Adoption of 3D geospatial mapping solutions help in
improving the disaster management standards through offering a detailed
information to the disaster response teams, ensuring prevention, avoidance as
well as tackling impact of disasters from damages to human life and property.
Utilizing 3D graphical representation helps in simulating, visualizing, as well
as analyzing databases more efficiently and accurately, while identifying
future occurrence or probability of natural calamities, aiding its market
growth overtime. According to EMDAT, 316 natural disaster events including
floods, earthquakes, wildfires, landslides and others were reported globally in
2019, in comparison to 282 events during the previous year. This shows the
significant rise of natural calamities occurrence over years, which in turn
impacts the need for geospatial mapping based disaster management by the
weather forecasting organizations as a part of early detection, identification
and announcements for the people. In August 2021, the Asian Infrastructure
Investment Bank had revealed about approving $125 million funding as a part of
helping India’s state government, Kerala towards better preparation against natural
disasters, climatic change impact and so on. Such factors are set to assist the
market growth towards 3D GIS in the long run.
Growing adoption of spatial data within cloud environment positively impacts the market growth of 3D Geographic Information System (GIS)
Growing
adoption of spatial data within cloud environment can also be considered as a
major driver positively impacting the growth of 3D Geographic Information
System (GIS) market. Factors including growing penetration of mobile device
users, shift towards adoption of cloud computing, integration of GIS based mapping
for spatial data analytics and so on have been attributing to the market
growth. Utilization of geospatial information within cloud help in optimizing
varied application areas including building information modelling,
real-time data acquisition with web or mobile support, and so on, making it a
cost efficient, accurate and reliable location intelligence technology, drives its market growth overtime. In October 2020, Intel announced about its partnership
with 14 other geospatial as well as IT companies, in order to launch a cloud based
geo visual
data management platform, named Intel Geospatial. This development was done to
combine multi-source data types, including satellites, manned aircraft, drones
and others, to provide its customers with geo visual data management through immersive
3D visualization, analytic applications as well as enterprise integration. Such
factors have been eventually helped in driving the 3D GIS market growth
forward.
3D Geographic Information System (GIS) Market Challenges
Complexities related to data analysis, elimination of irrelevant insights and handling of 3D mapping database hinders its market growth
Complexities related to data analysis, elimination irrelevant
insights and handling of 3D mapping database act as one of the major factors
impeding the market growth towards 3D GIS. During 3D data analysis, there can
be complexities due to large scale maps, creating errors and related
complexities which in turn adversely impact its accuracy levels. 3D GIS have
been facing lesser adoptability across application areas where the results
needs to be highly accurate and simplified, while utilizing 2D GIS models. Additionally,
there can be technical issues which drive the need for eliminating irrelevant
insights alongside creating the need for skilled professionals having
capability of handling, managing as well as analyzing 3D geographical
representations more efficiently. Such factors eventually contribute towards
hampering the growth of 3D GIS market.
3D Geographic Information System (GIS) Market Landscape
Technology launches, acquisitions and R&D activities are
key strategies adopted by players in the 3D Geographic Information System (GIS)
market. 3D Geographic Information System (GIS) top 10 companies include:
- Autodesk, Inc.
- ESRI Global Inc.
- Hexagon AB
- Topcon Corporation
- SuperMap Software Co., Ltd.
- Cadcorp
- Trimble Inc.
- Bentley Systems, Inc.
- Caliper Corporation
- IQGeo
Acquisitions/Technology Launches
- In March 2021,
Hexagon’s Geospatial division announced the launch of a machine learning
GIS tool, named M.App Enterprise 2021, in order to update its platform used in geospatial and location intelligence applications. This
development was meant to add features including a browser based 3D capability, enhanced visual effects, along with the ability to create as well as configure
custom applications more easily.
- In September 2020, SuperMap announced about the launch of the launch of a GIS software, named SuperMap GIS 10i (2020), as a part of supporting distributed GIS developments. This was done to incorporate technologies including 3D GIS, artificial intelligence, big data, distributed GIS and others.
- In March 2020, Esri Inc. had revealed about the launch of ArcGIS analytics for IoT, at the Esri Federal GIS (FedGIS) Conference held at Washington. This development was done to enable users ingest, visualize, analyze, store as well as respond to large IoT sensor data volumes, ensuring organizations with improved situation awareness.
Relevant
Report Titles:
Cloud GIS Market-Forecast
(2021-2026
Report Code: ITR
0143
3D Mobile Mapping Market-
Forecast (2021-2026)
Report
Code: ESR 0517
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