3D Cloud Based Navigation Market - Forecast(2024 - 2030)

3D Cloud Based Navigation System Market size was valued $865 million in 2019, estimated to grow at a CAGR of 8.7% during 2020-2025. The growing need for autonomous navigation system for providing efficiency, flexibility and quick coverage of a large area are fuelling the demand for 3D cloud –based navigation system. Furthermore, the growing advancement in the healthcare sector for the need for advanced surgical navigation system for enhanced detection and navigation of patient’s actual health will further anticipate the growth of the 3D cloud-based navigation market during the forecast period.

The report: “3D Cloud-Based Navigation System Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the 3D Cloud-Based Navigation Market. 

By Type – Hardware, Software.

By Navigation Type – Satellite Navigation System, Surgical Navigation System, Connected Navigation System, Inertial Navigation System.

By Technology – RFID, Network, Bluetooth, Others.

By End-user – Automotive Navigation, Pedestrian Navigation, Railway Navigation, Gaming, Healthcare, Smart Phones, Aerospace & Defense, Marine Navigation, Others

By Geography – North America, South America, Europe, APAC, Middle East & Africa.

 

Satellite Navigation System segment held the largest market share in the 3D cloud-based navigation system market in 2019. As people nowadays are highly relying on maps and other navigation systems for finding real-time locations and for ease of travelling that has highly upsurge the need for satellite navigation system. Moreover, in the US the Global Positioning System is composed of more than 24 satellites which are being mostly used for military, civil, and other commercial uses. Also, the integration of 3D along with satellite navigation system is being majorly adopted as digital maps that are commonly being used today. This factors are further enhancing the demand for the satellite navigation system propelling the market growth.

In 2019, North America dominated the 3D Cloud-based Navigation System market with a share of more than 35%, followed by APAC and Europe. The growing advances in the healthcare industry in the US is further fuelling the market in North America. Furthermore, the US Food & Drug Association has enhanced the use of 3D navigation system as surgical navigation system for providing accurate information about the patient. Also, the increasing demand of connected cars, autonomous driving and others are highly fuelling the 3D cloud-based navigation system market in this region.

The increasing need of advanced technology for medical procedures is regarded as the major driver that is enhancing the need for 3D cloud-based navigation system. The demand for advanced surgical navigation system due to advancements in the operative techniques and equipment such as computer-assisted navigation and surgical robotics has raised the market for navigation system. Moreover, the integration of 3D in the navigation has resulted in advanced reconstruction and providing of accurate data. As, the health practitioners and surgeons are widely adopting this navigation system for performing surgical resection of spinal column and intradural tumors. Also, inrevision procedures on arthrodesed spines, and deformity cases with distorted anatomy has resulted in reducing the harmful radiation exposure to the patient and the staff. Thus this factors are significantly propelling the growth of the 3D-cloud based navigation system market.

Augmented Reality is highly integrating with 3D navigation system leading to be used for indoor navigation. Moreover, people nowadays are relying on maps services from Google and Apple are also implementing the 3D navigation cloud-based navigation system. AR based navigation systems provides directions in complex environment such as airports, malls, hospital and offices. Furthermore, the use of AR-powered navigation along with 3D cloud-based navigation system will further drive the 3D cloud-based navigation market.  

The use of autonomous 3D cloud-based navigation system is highly growing in number of industries, but the major challenge which is hindering the use of the latest 3D cloud-based navigation system is the lack of real-world data. The navigation system which are used in complex environment leads to provide fault in the real-time data. Furthermore, the advanced navigation system can overcome physical obstacles, but due to troubleshoot issues and lack of connectivity affects the gathering of real-time data.

 

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the 3D cloud-based navigation system market. In 2019, the market of 3D cloud-based navigation system has been consolidated by the top ten players – KVH industries, Acclarent Inc., Inertial Sense, Mapbox, Robert Bosch, Denso Corporation, Alpine Electronics, Continental AG,  Pioneer Corporation and Panasonic Corporation.