In a recently published report, Photogrammetry Software Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Photogrammetry Software Market products.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
Global Photogrammetry Software Market is valued approximately at USD 0.38 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 14.7% over the forecast period 2020-2027. The art and science of extracting 3D information from photographs is defined as photogrammetry. This is evaluated by plotting and matching pixels or reference points across a series of photographs of an object, structure or space. A photogrammetry software like Agisoft Photoscan or Autodesk Remake can then process these photographs and build a 3D mesh by matching and triangulating the visual characteristics The availability of the photogrammetry software is expected to drive the market at an affordable price.
According to Statista, With over 274,000 units sold commercially in 2018, the drone industry is booming at a rate of over 40 per cent per year. Photogrammetry software is used in combination with drone imagery, which acts as a useful tool and link in documentation on accident sites. Increasing availability of affordable drones is the opportunity factor in this market. According to economic times, there are already roughly 40,000 drones in the country. That is expected to increase in the next 4-5 years to over a million. Shortage of skilled and trained professionals is the restraining factor in this market.
The regional analysis of global Photogrammetry Software Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America dominates the market for photogrammetry software as the U.S. is the leader in providing photogrammetry software through companies like Autodesk Inc., Trimble Inc., and DroneDeploy. The key players on the US market are expanding their business and raising funds to boost market growth. DroneDeploy raised USD 25 million in Series C funding in June 2018. The Asia-Pacific region is expected to grow with the highest growth rate in the 2020 to 2027 forecast period due to increased infrastructure in developing countries like India and China.
Major market player included in this report are:
Agisoft
Autodesk Inc.
Capturing Reality s.r.o.
Hexagon AB
Magnasoft
Menci software SRL
Photometrix Photogrammetry Software
Pix4D SA
Trimble Inc.
Vexcel Imaging GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
by Method
Aerial Photogrammetry
Terrestrial (Close Range) Photogrammetry
Satellite Photogrammetry
Macro Photogrammetry
by Style
Point-and-Shoot Photogrammetry
Multi Camera Photogrammetry
Video-To-Photogrammetry
by Application
3d Printing
Drones and Robots
Topographic Maps
Culture Heritage and Museum
Films and Games
Traffic Management
Other Applications
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Urgent Care Center Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Photogrammetry Software Market, by Region, 2018-2027 (USD Billion)
1.2.2. Photogrammetry Software Market, by Method, 2018-2027 (USD Billion)
1.2.3. Photogrammetry Software Market, by Style, 2018-2027 (USD Billion)
1.2.4. Photogrammetry Software Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Photogrammetry Software Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Photogrammetry Software Market Dynamics
3.1. Photogrammetry Software Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Photogrammetry Software Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
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