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Description
Photogrammetry Software Market size valued at US$ 861.45 million in 2021 and expected to reach USD 1880.71 million by 2028, at a CAGR of 11.8% during the forecast period 2022-2028. Rising construction and infrastructure developments across the globe, need for improving disaster management, growing availability of affordable drones, increasing affordability of aerial drones and accessibility of photogrammetry programming at moderate cost are some key factors fostering the market growth. Also, growing number of applications of photogrammetry across end users provides an opportunity for the vendors in the market. However, lack of talented and equipped experts may limit the market growth. Photogrammetry is a technique for extracting three-dimensional information from images. This is a dome created by comparing and matching pixels across a series of pictures of any object or item using photogrammetry software market. Surveyors, researchers, engineers, architects, and contractors employ photogrammetry to make topographic maps, drawings, and maps. Apart from that, photogrammetry software has several applications in professions and industries such as entertainment, sports, and filmmaking. The demand for photogrammetry software is growing due to increased urbanisation and infrastructure development. The global demand for photogrammetry software has increased as the pace of construction operations has increased.
Key Developments:
In November 2019, Esri has been chosen as a geospatial partner by Salesforce for its Maps. Through this partnership salesforce incorporates the ArcGIS Living Atlas of Esri, the world’s leading collection of spatial data and maps. This partnership will help the company to increase its global reach
In November 2018, Autodesk Inc. acquired Plan Grid. Plan Grid software lets general contractors, subcontractors commercial, civil and other industries work together throughout the construction project. The reason behind the acquisition is to accelerate construction productivity.
