According to the research report titled ‘Global Photogrammetry Software Market Size study with COVID Impact, by Method (Aerial Photogrammetry, Terrestrial (Close Range) Photogrammetry, Satellite Photogrammetry, Macro Photogrammetry); by Style (Point-and-Shoot Photogrammetry, Multi Camera Photogrammetry, Video-To-Photogrammetry); by Application (3d Printing, Drones and Robots, Topographic Maps, Culture Heritage and Museum, Films and Games, Traffic Management, Other Applications) and Regional Forecasts 2020-2027’ available with Market Study Report, global photogrammetry software market was worth USD 0.38 billion in the year 2019 and is estimated to register a robust CAGR of 14.7% during 2020-2027.
 

For the uninitiated, photogrammetry is the process of obtaining 3D information from photographs of a structure, object or space by matching and plotting reference points or pixels across them. Photogrammetry software such as Autodesk Remake essentially processes these photographs and develops a 3D mesh by triangulating and matching visual characteristics.
 

The software is widely used for drone imagery as it enables efficient documentation on accident sites. Therefore, increasing availability inexpensive drones as well as photogrammetry software is bolstering the growth of global photogrammetry software market.
 

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Citing an instance, as per Statista, around 274,000 drone units were commercially sold in the year 2018, aiding the drone industry to grow with a CAGR of 40% in subsequent years.  On the contrary, lack of skilled professionals may hinder the expansion of the market.
 

Based on method, the market is fragmented into macro photogrammetry, satellite photogrammetry, terrestrial photogrammetry, and aerial photogrammetry. With regards to style, the market comprises of video-to-photogrammetry, multi camera photogrammetry, and point-and-shoot photogrammetry.
 

Speaking of the application spectrum, global photogrammetry software market is bifurcated into traffic management, films & games, culture heritage & museums, topographic maps, drones & robots, and 3D printing.
 

From a regional frame of reference, North America leads the global market and is expected to amass notable gains by 2026, owing to high concentration of leading players in the U.S. such as DroneDeploy, Trimble Inc., and Autodesk Inc.
 

On the other hand, Asia-Pacific photogrammetry software market is anticipated to exhibit the highest CAGR over 2020-2027. Increasing infrastructural developments, predominantly in China and India is responsible for the expansion of the regional market.

Major players operating in worldwide photogrammetry software market are Vexcel Imaging GmbH, Trimble Inc., Pix4D SA, Photometrix Imaging Ltd., Menci software SRL, Magnasoft Consulting India Private Limited, Hexagon AB, Capturing Reality s.r.o., Autodesk Inc., and Agisoft Metashape among others.