Press Release

Global 3D Imaging Market Size to be Valued at USD 32.5 Billion in 2023

The Global 3D Imaging Market size was valued at USD 32.5 billion in 2023 and is estimated to grow at a CAGR of around 21.8% during the forecast period, i.e., 2024-30, cites MarkNtel Advisors in the recent research report. 3D imaging finds vast applications across industries, greatly advancing fields like medicine & entertainment. In healthcare, it offers precise anatomical visualizations that aid in diagnosing medical conditions, devising surgical plans, and driving prosthetic development. For architects & engineers alike, 3D imaging helps create intricate models to augment designs while vividly presenting ideas to clients.

Several industries have been transformed by the implementation of 3D technology. Notably, the entertainment sector now provides more captivating and immersive experiences in gaming, virtual reality, and films. Additionally, archaeologists can unveil historical puzzles using this technology to decode artifacts from ancient times. Moreover, manufacturers are experiencing faster prototyping approaches that reduce errors while increasing productivity through streamlined production procedures.

Furthermore, environmental scientists utilize 3D imaging techniques to create detailed maps of terrains and analyze ecosystems, thereby assisting in conservation endeavors. Also, the versatile nature of this technology allows for its continuous growth, presenting limitless opportunities across various industries. Thus, this convergence of innovation and visualization paves the way for a future where boundaries are transcended, further states the research report, “Global 3D Imaging Market Analysis, 2024.”

Global 3D Imaging Market Segmentation Analysis

Stereoscopic Imaging to Hold the Major Market Share

Based on the technology segment, the market is further bifurcated into Stereoscopic Imaging, Structured Light Imaging, Laser-Based Imaging, Holographic Imaging, and Time-of-Flight Imaging. Stereoscopic Imaging is anticipated to experience the most significant market growth in the forecast period. This technique creates a 3D effect by showing distinct images to each eye, mimicking the natural depth perception of human eyes.

It involves presenting or capturing slightly different adjacent perspectives and blending them in the brain, creating an illusion of three-dimensional visuals with added depth. Stereoscopic imaging is widely used in fields such as movie production, video game development, and medical diagnosis due to its high accuracy in replicating spatial dimensions, providing users with more realistic and immersive experiences.

North America Dominating the Global Market of 3D Imaging

North America is expected to dominate the Global 3D Imaging Market, holding the largest market share. North America is recognized as a leading region, showcasing a notable proclivity for innovation and garnering considerable attention from businesses and consumers alike for state-of-the-art solutions.

The burgeoning 3D imaging market in the region is propelled by its robust infrastructure and future-oriented initiatives. Furthermore, facial recognition systems rely heavily on 3D imaging capabilities for identity verification purposes. With copious manufacturing industries operating locally, there has been an augmented requirement for surveillance and inspection services during both production and packaging processes.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, including GE Healthcare, Autodesk, STMicroelectronics, Panasonic, Sony, Trimble, Faro, Philips, Google, Adobe, HP, Dassault Systemes, Bentley Systems, Lockheed Martin, ESRI, Others (TopCon, Able Software) are looking forward to strengthening their market position.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the Global 3D Imaging Market?
3. What key factors would propel and impede the industry across the region?
4. How has the industry been evolving in terms of geography & service adoption?
5. How has the competition been shaping across various regions?
6. How has the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2019-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?