3D imaging market predicted to reach $9.82 billion by 2018
A market analysis report from MarketsandMarkets predicts that sales in the 3D imaging market are expected to jump from $3.01 billion in 2013 to $9.82 billion by 2018 as a result of increasing demands and global adoption trends.
Global sales in the 3D imaging market are expected to grow from $3.01 billion in 2013 to $9.82 billion by 2018 at an estimated compound annual growth rate of 26.7%, according to an analysis from MarketsandMarkets.
This significant jump is expected to occur as a result of the increasing demand of 3D imaging across a variety of verticals. Included, with examples provided, are the following:
- Medical sciences (Surgery, diagnosis, oral healthcare, oncology)
- Industrial applications (Machine vision, 3D inspection, rapid prototyping)
- Media and entertainment (3D animation, gaming)
- Defense and security (Target detection, facial identification)
- Architecture and engineering (Cultural heritage imaging, building information management)
Companies that are expected to drive growth include Google,HP,GE Healthcare, Panasonic, Apple, Sony, and Agilent Technologies, according to the report. Factoring into the report are global adoption trends, evolving platforms in the market, opportunity analysis, and competitive landscape.
MarketsandMarkets focuses on various markets in the report, but the major regions represented are North America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Africa, and Latin America.
Read more or purchase the 3D imaging market analysis from MarketsandMarkets.
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