Global Photogrammetry Software Market Research Report: By Type (Aerial Photogrammetry, Terrestrial Photogrammetry, Satellite Photogrammetry, Macro Photogrammetry), Application (Engineering, Land Surveying, and Real Estate, Film and Entertainment, others) and Region (North America, Europe, Asia-Pacific, the Middle East, and Africa and South America) - Forecast till 2030

Market Synopsis

Global Photogrammetry Software Market was valued at USD 2.8 Billion; it is expected to register a CAGR of 12.70% during the forecast period.

Photogrammetry has been used since the 1940s, however, currently, the software and platforms have been upgraded owing to advances in technology. Drones capture the pictures and aerial photos; these devices can fly low enough to catch minor details such as cracks in the sidewalks or survey markers. The photogrammetry software then combines multiple photos of an area together to make one large image called an orthomosaic. The data is also used to generate a point cloud or a 3D model. The software is used to create an accurate orthomosaic as it takes all the photos and compares the pixels in each one. Then, it matches the colors and together and joins them similar to that of a puzzle. The software enables the users to minutely observe the images of infrastructure or other objects such as pavements, buildings, and roads. Additionally, the data from the GPS navigation tool of the drone helps the software to identify the exact location of any object.

The high demand from engineers, surveyors, and architects is the main factor that drives the global photogrammetry software market. Additionally, increasing the affordability of aerial drones fuels the growth of this market, as utilization of planes to gather aerial pictures is a capital-intensive task. The growing number of applications of photogrammetry across verticals is an opportunity for the vendors in the photogrammetry market to focus on. The photogrammetry software is used at cultural heritage buildings and museums, for processing films and games, topographic maps, traffic management systems as well as in 3D printing. Photogrammetry software is used on a large scale in the building and construction sector.

Segmentation

The Global Photogrammetry Software Market has been segmented based on Type, Application, and Region/Country.

By Type, the global photogrammetry software market has been divided into aerial photogrammetry, terrestrial photogrammetry, satellite photogrammetry, and macro photogrammetry.

By Application, the global photogrammetry software market has been divided into engineering, land surveying and real estate, film and entertainment, and others.

The global photogrammetry software market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

Regional Analysis

The Global Photogrammetry Software Market is expected to register a CAGR of 15.1% during the forecast period. The geographic analysis of the global photogrammetry software market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

North America has the largest share in this photogrammetry software market as the vendors in this region are investing significantly in R&D activities, which has led to advancements of technologies in land surveying and other geospatial activities such as geo-capturing, geo-modeling, geo-imaging, and geo-referencing. The US leads the market in North America owing to the high digitalization rate and the extensive use of photogrammetry software mainly for applications such as topographic mapping, architecture, and engineering.

Competitive Analysis

The growing applications of photogrammetry software have led to increased competition among the vendors in the market. Major players have opted for partnerships and new product development as their key organic growth strategies to enhance their positions in the market and cater to the demands of farmers and agriculturists. For instance, in November 2019, Esri, a leading player in mapping and location intelligence, partnered with Salesforce which will now integrate Esri’s ArcGIS Living Atlas, the collection of global geographic data and base maps.  Salesforce Maps users will be able to access Esri’s ArcGIS Online, which will help businesses to analyze geographic and demographic data. In December 2018, Autodesk, Inc. acquired PlanGrid, a leading provider of construction productivity software. Autodesk and PlanGrid have developed complementary construction software named Autodesk's BIM 360; it acts as a platform to connect the stakeholders, data, and workflows on construction projects by supporting informed decision-making throughout the project lifecycle. PlanGrid software lets general contractors, subcontractors, and owners in commercial, heavy civil and other industries to benefit from real-time access to project plans, punch lists, project tasks, progress photos, daily field reports, submittals, and more. In October 2018, Trimble Inc. launched a new version of its Inpho office software suite for photogrammetry. The software includes MATCH-3DX software for the creation of high-quality 3D point clouds and orthomosaics.

Key Players

The Key Players in the Global Photogrammetry Software Market are identified based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. These include Pix4D (US), Autodesk (US), RealityCapture (Slovakia), Acute3D (France), PhotoModeler (Canada), Teledyne Photometrics (US), PMS Photo Mess Systeme AG (Switzerland), Realsense (US), Skyline Software Systems (US), 3Dflow SRL (Italy), Hexagon AB (Sweden), Agisoft (US), BAE Systems (UK), and Trimble Inc. (US). The key strategies adopted by most of the players are partnerships, agreements, and collaborations.

Intended Audience

• Photogrammetry software vendors


• Value-added resellers (VARs)


• System Integrators (SIs) and aggregators


• Government and local authorities


• Technology consultants


• Investors and venture capitalists