Market Challenges And Opportunities

Global 3D Reconstruction Market Drivers:

Rise in adoption of 3D technology in maintenance to boost the market growth

The adoption of 3D technology for maintenance of museums and cultural heritage, construction applications, and industrial applications is increasing rapidly replacing the traditional approach. Cultural heritage can be preserved digitally, however it can be challenging process for 3D reconstruction. Cultural heritage objects and cultural heritage sites are different from each other and it requires maximized implementation of the 3D reconstruction. With the use of 3D reconstruction based on aerial image, sensitive sculptures can be reconstructed with high accuracy. Thus, the rapidly growing adoption of 3D technology in maintenance is driving the growth of the global 3D reconstruction market during the forecast period.

Technological developments in cameras to propel the market growth

The demand for 3D content for computer graphics, communication, and VR has increased in recent years, which changing the requirements. The systems for construction of 3D models that are currently being used are created around specialized hardware, due to which, its cost increases and it does not always cater needs for its new applications. Camera calibration offers extrinsic and intrinsic parameters, and without it no algorithm arrangements work at in the level. With increase in technological advancements in cameras, the applications of 3D construction will increasing in the future and this is expected to augment growth of the global 3D reconstruction market during the forecast period.

Global 3D Reconstruction Market Opportunities:

Increasing use 3D reconstruction technology in the entertainment industry is likely to bring in multiple opportunities in the global 3D reconstruction market during the forecast period. The use of 3D reconstruction is increasing in this industry for theatrical films and video games. As the popularity of gaming is increasing all over the world among children and young adults, technological developments are also growing in this particular field. Thus, the use of 3D reconstruction is increasing in the entertainment industry, which in turn is likely to benefit the players in the global 3D reconstruction market.

Growing popularity of 3D reconstruction in healthcare industry is projected to generate growth opportunities in the global 3D reconstruction market over the forecast period. 3D reconstruction technology offers several benefits such as its multi-view capability. 3D reconstruction for medical image analysis increases accuracy and helps in planning, simulating, and direction of medical treatments. Moreover, use of 3D reconstruction also benefits detecting diseases with deep tissue origins. Thus, popularity of 3D reconstruction in increasing in healthcare industry, which is further expected to drive growth of the global 3D reconstruction market during the forecast period.

Global 3D Reconstruction Market Restraints:

Shortage of skilled or experienced workforce to impede the market pace

3D reconstruction using images has a key role in computer vision, with larger improvements about performance and quality. It is also mainly used to create 3D models of objects requiring skilled professionals or that are hard to model. 3D reconstruction is performed in three steps, planning, flight execution, and processing. And post-processing solutions of 3D reconstruction need experienced or skilled users. This factor thus impacts adoption of 3D reconstruction, which in turn is likely to obstruct growth of the global 3D reconstruction market. However, market players are focused on finding solutions to overcome these issues, to make these solutions user friendly, which will aid in the market growth.

High cost of 3D reconstruction solutions to hamper the market growth

3D modeling is expensive technology, and most of the software packages run into several thousands of dollars per user every year. Along with this, they need a team of skilled professionals to operate the systems, which is another investment of resource and time. Moreover, to 3D reconstruction solutions, it needs high cost hardware. These factors in turn are expected to hinder growth of the global 3D reconstruction market during the forecast period.