Photogrammetry Software Market Size, Share, Growth & Industry Analysis, By Type (Aerial, Terrestrial, Others), By Application (Mapping & Surveying, 3D Modeling, Urban Planning, Others), By End User (Construction, Real Estate, Mining, Agriculture & Others) and Regional Analysis, 2024-2031

Photogrammetry Software Market Size

The global Photogrammetry Software Market size was valued at USD 1,517.5 million in 2023 and is projected to grow from USD 1,765.6 million in 2024 to USD 5,444.9 million by 2031, exhibiting a CAGR of 17.45% during the forecast period. The growth of the market is driven by technological advancements, including the integration of AI, increased use of drones, and the growing demand for accurate spatial data across various industries.

In the scope of work, the report includes solutions offered by companies such as 3Dflow SRL, Agisoft, Autodesk Inc., Epic Games, Inc., Photometrix Photogrammetry Software, PhotoModeler Technologies, Pix4D SA, Skyline Software Systems Inc, Trimble Inc., PMS AG, and others.  

The expansion of the photogrammetry software market is primarily fueled by continual advancements in technology and a growing demand for accurate spatial data. Innovations in artificial intelligence (AI) and machine learning enhance the precision and efficiency of photogrammetry, making it more valuable for various applications. Additionally, the increasing need for detailed 3D models across diverse industries such as construction, real estate, and agriculture supports market growth.

• For instance, in June 2023, Skyline Software Systems, Inc. and PASCO CORPORATION launched TerraVerse in Japan, based on SkylineGlobe Server, to manage 2D and 3D geospatial data. TerraVerse provided secure, and scalable data storage and management via AWS, while PASCO introduced PhotoMesh, a photogrammetry solution that generate detailed 3D meshes and other geospatial products. This collaboration aimed to enhance geospatial data management and distribution with reliable, user-friendly solutions.

The expansion of drones and unmanned aerial vehicles (UAVs) further propels the demand, as these tools rely on photogrammetry for data collection. Moreover, rising investments in infrastructure and smart city projects contribute to the surging need for sophisticated photogrammetry solutions.

The photogrammetry software market is experiencing robust growth due to its widespread application across multiple sectors. The integration of photogrammetry with cutting-edge technologies such as AI and cloud computing is transforming data analysis and visualization.

The market is characterized by a variety of software solutions designed to address different needs, including 3D modeling, surveying, and mapping. Major players are continually innovating to offer enhanced features and improved accuracy. Asia-Pacific is emerging as a key market for photogrammetry software, facilitated by increasing adoption in developing economies.

Photogrammetry software is a specialized technology designed to measure and analyze photographs to extract accurate spatial data. It utilizes images captured from various angles to create detailed 3D models and maps, which are crucial for tasks such as surveying, urban planning, and landscape analysis. This software applies algorithms to process visual information, generating precise measurements and representations.

By converting photographic data into meaningful geographic information, photogrammetry software supports various industries, including construction, agriculture, and heritage preservation. It plays a vital role in providing high-resolution data that supports decision-making and enhances operational efficiency.

Analyst’s Review

The photogrammetry software market is undergoing significant transformation, propelled by innovations and increasing demand across various industries. Key efforts by manufacturers include the development of AI-enhanced solutions and cloud-based platforms, which are improving data processing and accessibility. New products, such as advanced drone-integrated software and real-time data analysis tools, are being introduced to the market, reflecting the industry's focus on enhancing precision and efficiency.

• For instance, in September 2023, Virtual Surveyor introduced drone photogrammetry capabilities in its latest software release. The updated Terrain Creator app processes drone photos to generate survey-grade terrains, which integrate seamlessly into the traditional workspace for survey tasks. Previously, users had to rely on third-party software for elevation models. However with Version 9.0, which was updated automatically for Ridge and Peak edition subscribers, two users can use the software simultaneously from different computers.

Businesses are recommended to focus on adopting scalable and modular solutions to manage costs effectively. Additionally, investing in training programs for end-users facilitates smoother integration of new technologies. Staying updated with emerging trends and technological advancements is projected to be crucial for maintaining a competitive edge in the evolving market landscape.

Photogrammetry Software Market Growth Factors

The rising integration of artificial intelligence (AI) is supporting the growth of the photogrammetry software market. AI technologies are continuously enhancing the accuracy and efficiency of photogrammetric analyses by automating complex data processing tasks. This integration allows for quicker generation of 3D models and improved data interpretation, which is crucial for applications such as surveying and urban planning.

AI algorithms are optimizing image matching and feature extraction, thereby reducing human error and minimizing manual effort. The increasing implementation of AI within photogrammetry software is fostering increased adoption and innovation, benefiting industries that rely on precise spatial data.

The high cost associated with advanced solutions, often limits accessibility for smaller enterprises and presents as a key challenge to the development of the market. To overcome this challenge, companies are focusing on developing scalable and modular software options that cater to various budgets.

By offering tiered pricing models or cloud-based solutions, developers are making advanced photogrammetry tools more affordable and accessible. Additionally, providing training and support further helps smaller organizations efficiently integrate these technologies into their operations, thereby expanding the market reach and promoting broader adoption of photogrammetry software.

Photogrammetry Software Market Trends

The increasing adoption of drone technology is reshaping the landscape of the photogrammetry software market. Drones are increasingly utilized to capture high-resolution aerial images, which is crucial for accurate photogrammetric analysis. The integration of drones with photogrammetry software is enhancing data collection efficiency and precision.

This trend is particularly impactful in industries such as agriculture, construction, and environmental monitoring, where large-scale and detailed imagery is required. As drone technology evolves, with advancements in flight stability and camera quality, the demand for specialized photogrammetry software that suitably handles this data is growing, leading to more sophisticated and capable solutions.

The rise of cloud-based photogrammetry solutions is influencing the market. Cloud computing is continuously enabling more scalable and flexible software deployments, allowing users to process and store large volumes of data more efficiently. By leveraging cloud infrastructure, photogrammetry software providers are offering real-time data access and collaborative features that enhance workflow and productivity.

This trend is trend is further contributing to a reduction in the costs associated with hardware and on-premises software maintenance. As cloud technology advances, more businesses are adopting these solutions to benefit from improved processing power, data management, and accessibility, which is propelling the growth of the market.

Segmentation Analysis

The global market is segmented based on type, application, end user, and geography.

By Type

Based on type, the market is categorized into aerial, terrestrial, and others. The aerial segment led the photogrammetry software market in 2023, reaching a valuation of USD 818.0 million. This notable growth is attributed to to its increasing applications in various industries and advancements in drone technology. Drones equipped with high-resolution cameras capture detailed and extensive aerial imagery, facilitating accurate and comprehensive photogrammetric analyses.

The growing demand for aerial surveys across various sectors such as agriculture, construction, and environmental monitoring is further fueling this expansion. As drone technology advances, enhancing both flight stability and camera performance, the aerial segment is expected to maintain its leading position in the market.

By Application

Based on application, the market is classified into mapping & surveying, 3D modeling, urban planning, and others. The mapping & surveying segment is set to witness notable growth at a robust CAGR of 18.11% through the forecast period (2024-2031). This growth is augmented by the increasing need for precise and up-to-date geographical data in various applications.

The segment benefits from advancements in photogrammetry software, which enhances accuracy and efficiency in creating detailed maps and conducting surveys. The rising focus on infrastructure development, urban expansion, and natural resource management is contributing to the increased demand for sophisticated mapping and surveying tools. As industries increasingly prioritize data-driven decision-making, the need for advanced mapping and surveying solutions is anticipated to grow substantially.

By End User

Based on end user, the market is segmented into construction, real estate, mining, agriculture, film & entertainment, and others. The construction segment secured the largest photogrammetry software market share of 35.29% in 2023. This expansion is fostered by the pressing need for accurate site assessments, progress monitoring, and detailed 3D models of construction sites. Photogrammetry software assists in efficient project planning, risk management, and compliance with regulatory requirements.

The increasing complexity of construction projects and the emphasis on precision and efficiency are fueling the growth of the segment. As the construction industry continues to evolve, the demand for advanced photogrammetry solutions to support these developments is expected to remain strong.

Photogrammetry Software Market Regional Analysis

Based on region, the global market is classified into North America, Europe, Asia-Pacific, MEA, and Latin America.

North America photogrammetry software market held a major share of around 34.28% in 2023, with a valuation of USD 520.3 million. This dominance is reinforced by the region's advanced technological infrastructure and the growing adoption of cutting-edge software solutions. The regional market benefits from substantial investments in research and development, leading to continuous innovation in photogrammetry technologies.

Additionally, the presence of key industry players and surging demand from sectors such as construction, real estate, and defense contribute to the expansion of the regional market. The established technological ecosystem and extensive applications across various industries are supporting North America's leading position in the global market.

Asia-Pacific is poised to experience robust growth at a staggering CAGR of 20.25% through the projection period. This considerable expansion is propelled by rapid urbanization, infrastructure development, and ongoing technological advancements in countries such as China and India.

The region is witnessing significant investments in smart city projects and large-scale construction ventures, which are boosting the demand for photogrammetry solutions. Additionally, the growing adoption of drones and aerial imaging technologies is stimulating regional market growth. As Asia-Pacific continues to develop its technological capabilities and infrastructure, it is emerging as a key region in the global market.

Competitive Landscape

The global photogrammetry software market report will provide valuable insight with an emphasis on the fragmented nature of the industry. Prominent players are focusing on several key business strategies such as partnerships, mergers and acquisitions, product innovations, and joint ventures to expand their product portfolio and increase their market shares across different regions.

Manufacturers are adopting a range of strategic initiatives, including investments in R&D activities, the establishment of new manufacturing facilities, and supply chain optimization, to strengthen their market standing.

List of Key Companies in Photogrammetry Software Market

• 3Dflow SRL
• Agisoft
• Autodesk Inc. 
• Epic Games, Inc. 
• Photometrix Photogrammetry Software
• PhotoModeler Technologies
• Pix4D SA
• Skyline Software Systems Inc
• Trimble Inc.
• PMS AG

Key Industry Developments

• May 2024 (Partnership): Destia, Finland’s largest infrastructure service provider and a subsidiary of the Colas Group, selected 3Dsurvey's photogrammetry software to meet its business requirements. This integration enhanced Destia’s project accuracy and efficiency by incorporating advanced 3D modeling and CAD functionalities, which were crucial for complex engineering projects including tunnel construction and large-scale infrastructure. 3Dsurvey’s software provided detailed, accurate data, facilitating informed decision-making and effective project management in challenging geological conditions.
• May 2024 (Launch): Emlid introduced its new scanning kit, developed as a part of a collaboration between Emlid & Pix4D. This kit integrates advanced photogrammetry with RTK precision for documenting trenches, performing volumetric measurements, and enhancing terrestrial scans with aerial data. It includes the Emlid Reach RX RTK rover and PIX4Dcatch app, providing a plug-and-play solution that ensures precise scanning for photogrammetry and LiDAR projects, suitable for professionals and non-surveyors across various applications.

The global photogrammetry software market is segmented as:

By Type

• Aerial
• Terrestrial
• Others

By Application

• Mapping & Surveying
• 3D Modeling
• Urban Planning
• Others

By End User

• Construction
• Real Estate
• Mining
• Agriculture
• Film & Entertainment
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • France
  • U.K.
  • Spain
  • Germany
  • Italy
  • Russia
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Middle East & Africa
  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America