Future Growth Forecast For The 3D Imaging Global Market 2023-2032
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As per The Business Research Company’s 3D Imaging Global Market Report 2023, The global 3D imaging market is expected to grow from $22.75 billion in 2022 to $28.12 billion in 2023 at a compound annual growth rate (CAGR) of 23.6%. The 3D imaging market size is expected to grow to $65.47 billion in 2027 at a CAGR of 23.5%.
What was the major driver in the 3D imaging market?
Smartphone usage is predicted to drive the growth of the 3D imaging market in the future. A smart device is any device that has a wireless connection that can communicate with an app, the internet, a local network, or another device. Improved user experiences, more knowledge of the benefits of smart device technology, and an increase in the number of dependable internet connections have all contributed to the expansion of smart devices. These new photography technologies allow for the capturing of 3D things through smartphone, which may then be used to view the same object in another location. For example, the Pew Research Centre, a nonpartisan American think tank, reports that the percentage of Americans who own a smartphone has risen from 81% in February 2019 to 85% in February 2021, up from 35% a decade earlier (in 2011). According to the India Brand Equity Foundation (IBEF), the Indian smartphone market has grown tenfold from 14.5 million sales in 2011 to 150 million in 2020. As a result, growing smartphone usage is propelling the 3D imaging industry forward.
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What was the key trend in the 3D imaging market?
Technological improvement is a major trend that is gaining traction in the 3D imaging industry. Major firms participating in the 3D imaging market are advancing in their new technologies and research & development. For example, TriHealth, a unified health system based in the United States, will launch sophisticated 3D mammography with the added benefit of AI technology in October 2021. AI technology serves as a computer, executing cognitive activities that a human would have performed, and aids the radiologist in analysing and interpreting images. During mammography, up to 250-300 images can be obtained using 3D tomosynthesis. The challenge and complexity of analysing results has increased in tandem with the dramatic increase in the amount of photographs gathered.
Which was the largest region in the 3D imaging market?
North America was the largest region in the 3D imaging market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the 3D imaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Who are the 3D imaging market prominent players?
Major players in the 3D imaging market are Able Software Corporation, Agilent Technologies, Tomtec Imaging Systems Gmbh, Faro, Philips Healthcare, Panasonic Corporation, Konica Minolta Inc., Trimble, STMicroelectronics, GE Healthcare, Bentley Systems, Seimens Healthcare, Dassault Systemes, Visage Imaging, and Topcon.
Key 3D imaging market segments
The global 3D imaging market is segmented –
1) By Component: Solutions, Hardware, Services
2) By Deployment Mode: Cloud, On – premises
3) By Application: 3D Modeling, 3D Scanning, Layout and Animation, 3D Rendering, Image Reconstruction
4) By Vertical: Aerospace and Defense, Automotive and Transportation, Manufacturing, Healthcare and Life Sciences, Architecture and Construction, Media and Entertainment, Retail and Consumer Goods, Other Verticals (Energy and Utilities, Education, Agricultural irrigation, and BFSI)
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The 3D Imaging Global Market Report 2023 provides a comprehensive overview on the 3D imaging market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies
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