The Asia Pacific 3D Reconstruction Technology Market would witness market growth of 8.1% CAGR during the forecast period (2022-2028).
With the increasing digital experiences and emerging virtual concepts like the metaverse, it is essential to have tools to make accurate 3D reconstructions from image data. Real-world applications of this technology allow users to virtually try clothing products while shopping in VR & AR while also processing medical image data. It can also be utilized for free-viewpoint video reconstruction, reverse engineering, robotic mapping, and even reliving old memories from numerous perspectives. 3D reconstruction solutions seamlessly join virtual and real objects in AR without needing a large amount of data to learn from or being restricted to a few perspectives.
3D reconstruction utilizes an end-to-end deep learning framework that takes a single RGB color image as input. It then changes the 2D image to a 3D mesh model in a more desirable camera coordinate format. The perceptual features in the 2D image are leveraged and extracted by a graph-based convolutional neural network, which creates a 3D mesh by progressively changing the input into ellipsoids. This process is done until it reaches a semantically optimized and correct geometry. The rough edges in the derived 3D model are fine-tuned utilizing a Dense Prediction Transformer (DPT), which employs visual transformers to give more fine-grained output.
China’s urbanization rate is one of the highest in the world. Under China’s 14th five-year plan, the Ministry of Housing and Urban-Rural Development (MOHURD) issued a notice to implement the Urban renewal actions in 2020. While China’s urbanization rate reached 60.6% in 2019, this urban renewal policy targets to develop eco-friendlier and more efficient cities as the government seeks to enhance the quality of China’s urban living conditions. As urbanization and other development projects increase, the requirement for various high-tech technologies like 3D reconstruction will also increase, which will thereby propel the expansion of the 3D reconstruction technology market in the APAC region.
The China market dominated the Asia Pacific 3D Reconstruction Technology Market by Country in 2021; thereby, achieving a market value of $143.8 million by 2028. The Japan market is exhibiting a CAGR of 7.4% during (2022 - 2028). Additionally, The India market is anticipated to grow at a CAGR of 8.7% during (2022 - 2028).
Based on Component, the market is segmented into Software and Services. Based on Type, the market is segmented into Active and Passive. Based on Deployment Mode, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into Construction & Architecture, Healthcare, Aerospace & Defense, Education, Government & Public Safety, Media & Entertainment and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide 3D Reconstruction Technology Market is Projected to reach USD 1.7 Billion by 2028, at a CAGR of 7.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Autodesk, Inc., Bentley Systems, Inc. Alphatec Holdings, Inc., Matterport, Inc., 3DHISTECH Ltd., Pix4D SA, NavVis GmbH, Skyline Software Systems Inc., Photo Mess Systems AG and Agisoft LLC.
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