3D Imaging Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

The Global 3D Imaging Market Size accounted for USD 32.8 Billion in 2022 and is estimated to achieve a market size of USD 172.5 Billion by 2032 growing at a CAGR of 18.3% from 2023 to 2032. The growing demand for 3D imaging technology from various end-use industries such as healthcare, automotive, aerospace and defense, and entertainment, is driving the 3D imaging market growth. Moreover, the development of new technologies such as artificial intelligence, machine learning, and the Internet of Things (IoT) is leading to the integration of advanced features in 3D imaging systems, which is driving the 3D imaging market value over the forecasting year.

3D Imaging Market Report Key Highlights

• Global 3D imaging market revenue is expected to increase by USD 172.5 billion by 2032, with a 18.3% CAGR from 2023 to 2032
• North America region led with more than 36% of 3D Imaging market share in 2022
• Asia-Pacific 3D imaging market growth will record a CAGR of more than 19% from 2022 to 2030
• By component, the hardware segment has accounted market share of over 45% in 2022
• By organization size, the large enterprise segment captured the majority of the market
• Increasing application in virtual and augmented reality, drives the 3D Imaging market size

3D imaging is a procedure of rendering a three-dimensional image that provides an enhanced 360-degree view. To capture a three-dimensional object, two or more cameras are used and a 3D image is rendered. 3D image sensors, displays, and cameras are used together to capture high-resolution images. Two offset images are presented separately for the left and right eye of the viewer using binocular vision thus, creating an illusion of depth.

Global 3D Imaging Market Trends

Market Drives

• Increasing demand from various end-use industries
• Development of new technologies such as AI, ML, and the IoT
• Growing adoption of 3D printing
• Increasing application in virtual and augmented reality

Market Restraints

• High cost of 3D imaging systems
• Lack of standardization

Market Opportunities

• Increasing adoption of 3D imaging in healthcare
• Growing demand for 3D imaging in the automotive industry

3D Imaging Market Report Coverage

The 3D imaging market is expected to grow at a high pace owing to the improvements and advancements in technology. This technology has been extensively adopted by organizations in many industry verticals. 3D imaging offers a better viewer experience and hence, is widely used across the healthcare and entertainment industry. Additionally, the implementation of 3D imaging solutions for preview, the rectification of the final products, and design in the construction and automotive sector are bolstering the demand for 3D imaging. Furthermore, the defense and security industry is significantly advancing with the help of 3D imaging technology.

The rapid advancements in 3D imaging technology in the healthcare & medical segment are resulting in the continuous growth of 3D imaging for diagnosis through MRI, X-ray, ultrasound, MRI, and surgical applications. Additionally, the technology is also used across oncology and oral healthcare. The latest developments in 3D imaging find a large number of applications for this technology in consumer electronics, industrial applications, and media & entertainment sectors. The 3D imaging market is fuelled by its capabilities to provide a photorealistic view. Also, the security & defense industry is considering utilizing the technology in simulation, target detection (object, explosives, or weapons), and facial identification. Also, for creating dummy parts, the technology has proved useful in industries such as manufacturing, industrial applications, and automotive. For the entertainment industry, 3D imaging has a wide opportunity as several 3D movies are developed and viewed worldwide. The improved experience delivered by 3D imaging is anticipated to generate revenue across various applications using 3D imaging technology.

The growing trend for virtual reality-based applications is propelling the market growth. Companies developing virtual reality-based games have a large potential to provide creative solutions using 3D imaging in the near future. However, the lack of availability of 3D content and the high cost of already available 3D imaging solutions are some of the prime factors hindering the market growth. The companies are demanding improved solutions for market expansion to provide innovative services and products whereas inadequate infrastructure to support 3D imaging devices is hindering market growth.

3D Imaging Market Segmentation                                                

The global 3D imaging market segmentation is based on component, organization size, deployment, end-use, and geography.

3D Imaging Market By Component

• Software
  • 3D Modeling
  • 3D Scanning
  • 3D Visualization and Rendering
  • 3D Layout and Animation
• Hardware
  • 3D Sensors
  • 3D Display
• Services
  • Managed Services
  • Profession Services
    • Deployment and Integration
    • Consulting
    • Support and Maintenance

According to a 3D imaging industry analysis, the hardware segment held a significant market share in 2021. This might be attributable to the growing demand in the healthcare industry for 3D imaging systems such as X-ray machines, ultrasonography systems, CT, and magnetic resonance imaging. Furthermore, the rising entertainment and gaming industries have increased demand for 3D imaging techniques since viewers can see the 3D adventure through their own sight owing to these technologies.

3D Imaging Market By Organization Size

• Large Enterprises
• Small and Medium-sized Enterprises

In terms of organization size, the large enterprise segment held the largest market share in 2021. Large enterprises are major users of 3D imaging technology, as they have the resources to invest in advanced systems and can afford the high costs associated with them. These organizations are projected to continue driving the market because they are increasingly utilizing 3D imaging systems for a variety of applications such as product development, manufacturing, and quality control.

3D Imaging Market By Deployment

• On-premise
• Cloud

According to the 3D imaging market forecast, the cloud segment is predicted to grow significantly in the coming years. Cloud-based deployment involves the delivery of 3D imaging services over the internet, using a pay-per-use model. This deployment model is primarily employed by SMEs that lack the resources to invest in complex systems and can profit from the cost-effectiveness and scalability of cloud-based services. Cloud-based deployment is predicted to grow faster than on-premises deployment as the cost-effectiveness and scalability of cloud-based services become more appealing to many enterprises.

3D Imaging Market By End-use

• Automotive and Transportation
• Healthcare and Life Sciences
• Manufacturing
• Security & Surveillance
• Media and Entertainment
• Architecture and Construction
• Others

In terms of end-user, the healthcare and life sciences segment leads the 3D imaging market. In the healthcare industry, 3D imaging technology is frequently employed for applications such as diagnostic imaging, surgery planning, and therapy monitoring. The rising usage of 3D printing for surgical planning and training, as well as the necessity for reliable and non-invasive diagnostic tools, are driving the expanding need for 3D imaging in the healthcare industry.

3D Imaging Market Regional Outlook

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• India
• Japan
• China
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

The Middle East & Africa

• South Africa
• GCC Countries
• Rest of the Middle East & Africa (ME&A)