Los Angeles, December 5, 2019 - QY Research has made a new addition to its application software archive of market research reports. Titled “Global Photogrammetry Software Market Size, Status and Forecast 2019-2025,” the new report includes exhaustive analysis and accurate forecasts for the global photogrammetry software market. As per the report, the global photogrammetry software market is predicted to attain a value of more than US$1,500.0 Mn by the end of 2025. The global market value was over US$700.0 Mn in 2018. The global photogrammetry software market is projected to rise at a robust CAGR of 13.7% during the forecast period 2019-2025.
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Increasing Adoption of Photogrammetry Software in Drones and UAS Industry Likely to Benefit Market
With increasing adoption of photogrammetry software by engineers, architects, and surveyors, the global market is anticipated to create lucrative prospects for players in the coming years. Photogrammetry software could find important application in accident site analysis and documentation. Increasing interest of the drones and unmanned aircraft systems industry in photogrammetry and high use of photogrammetry software for drone mapping are expected to significantly contribute to the global market growth.
Use of 3D Reconstruction Software to Preserve Cultural Landscapes Anticipated to Augment Demand
Based on type, the global photogrammetry software market is segmented into based on 3D scanning, based on images and videos, and 3D reconstruction software. 3D scanning is used to create 3D models of environments, humans, and objects and in applications such as automotive parts inspection and reverse engineering. 3D reconstruction software finds application in the preservation of cultural landscapes, biofacts, and architectures. The report also offers comprehensive analysis of key application segments of the global photogrammetry software market, such as culture heritage and museum, building design and renovation, films and games, geology and mining, 3D printing, drones, and robots, and others (forensics, real estate, and sports).
North America Market Expected to Gain Growth with High Use of 3D Reconstruction Software
Developed regions such as North America are anticipated to create demand for photogrammetry software with increasing use of 3D rendering and 3D reconstruction technologies. High adoption of 3D reconstruction software by Hollywood filmmakers could increase the demand for photogrammetry software in the US. Government initiatives focusing on historical and cultural site restoration activities could also improve the demand for 3D reconstruction software, thereby benefiting the global photogrammetry software market.
Companies Predicted to Focus on Innovation and Continuous Upgrade of Photogrammetry Software
The authors of the report have covered leading and prominent players operating in the global photogrammetry software market, such as Hexagon, AliceVision (open source), Trimble, Regard3D (open source), Pix4D, Capturing Reality, Autodesk, 3Dflow, BAE Systems, Drones Made Easy, Bentley Systems, Agisoft LLC, Skyline Software Systems, GreenValley International, SimActive, PhotoModeler Technologies, Datumate Ltd., Geodetic, and PMS Photo Mess Systeme AG. Players are expected to enter into new partnerships and agreements, launch more new products, and continuously upgrade their existing software to gain competitive advantage in the global photogrammetry software market.
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