The Digital Elevation Models market will be valued at approximately USD 1,379.7 million by the end of 2022. The market is expected to grow at a CAGR of 16.9% through 2030, with a peak valuation of USD 4.750 billion.

Digital Elevation Model Market Overview

Advances in earth sciences have played an integral role in driving the sales of the global digital elevation model market. The application of digital blueprints and landscape 3D models in the field of geographic analysis and testing has achieved good results. Additionally, scientists and researchers rely on the use of digital elevation models to understand the topography and topography of remote areas. Furthermore, the traditional application of these models to the study of planetary objects, the sun, and the moon has a contemporary hold. The relevance of GIS in key industries drives the advancement of digital elevation research. In addition, it has become a useful practice to develop discrete global grids for studying geographic topography. In view of these factors, the total revenue of the global digital elevation model market will grow exponentially.

The Digital Elevation Model has recently been published by Contrive Datum Insights to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the global Digital Elevation Model market.

Some Of the key player's studies are the

Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: TomTom, Harris MapMart, LAND INFO, CompassData, DHI GRAS, Telespazio, Apollo Mapping, and others.

Industry Development:

• In October 2019, Sumitomo Electric and TomTom announced a collaboration to leverage Sumitomo Electric's expertise in intelligent transportation systems and TomTom's high-precision real-time traffic data and high-definition maps. It also creates mobility solutions aimed at improving road safety and traffic congestion.
• In September 2019, Cloud Constellation Corporation and Telespazio partnered to develop a marketplace for SpaceBelt's DSaaS service. This partnership helps expand Cloud Constellation's reach throughout South America and Europe.

What are the major Applications, Types, and Regions for the Digital Elevation Model Market?

By Tools :

• Digital Elevation Model Software
• Digital Elevation Model Services

• Rendering 3-D Visualization
• DEM Maps in 2D or 3D CAD
• Building Layouts and Relief Maps
• Rectification of Satellite Images and Aerial Photograph
• Drainage and Sight Analysis

By Application :

• Hydrological Modelling and Bathymetric Analysis
• Disaster Prevention
• Infrastructure
• Agriculture
• 3D Visualization
• Mapping
• Gravity Measurements Terrain Correction or Reduction

By Industry :

• Telecommunication
• Planning and Construction
• Transportation and Tourism
• Oil and Mining
• Aviation
• Geological
• Weather
• Military and Defence

Digital Elevation Model Market Regional Insights:

The U.S. market is expected to have the largest consumption of digital elevation models in North America and is projected to grow at a CAGR of 10.7% during 2022-2029.
The U.S. market is witnessing higher growth in the digital elevation model market owing to developed infrastructure for 5G modules, economic build-up of infrastructure, and the growing telecom industry in the country. For example, in July 2019, Harris Corporation merged with L3 Technologies to create a global defense technology leader. It also focuses on developing differentiated and mission-critical solutions for customers worldwide. Hence, this development of key market players in the country is driving the demand for the digital elevation model market.

The German market will become one of the largest digital elevation model consumption markets in the European region, and the market size is expected to reach 2.4 times by 2029. The German market is expected to create an absolute dollar opportunity of USD 207.9 million between 2022 and 2029. Germany witnesses well-developed infrastructure in the telecommunications industry, transport and tourism, and geological sectors. Digital elevation models are mainly used in applications such as infrastructure, 3D visualization, and cartography. For example, in January 2020, two digital elevation models were installed to windPRO in the German states of Berlin and Hamburg (Bundesländer). These models have a resolution of 5m. Hence, this development in the country is driving the demand for the digital elevation model market.

Geographically, the global Digital Elevation Model market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The Global region is dominating this market in the upcoming future.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Digital Elevation Model Market report scope:

Frequently Asked Questions (FAQ) about the Digital Elevation Model market:

What is the CAGR of the global Digital Elevation Model market?

The Digital Elevation Model Market is growing at a CAGR of 16.9% During the Forecast Period.

Which region would offer high growth for vendors in the Digital Elevation Model market?

The U.S. market is expected to have the largest consumption of digital elevation models in North America and is projected to grow at a CAGR of 10.7% during 2022-2029.

Which Is the Most potential market segment?

By Tools :

• Digital Elevation Model Software
• Digital Elevation Model Services

• Rendering 3-D Visualization
• DEM Maps in 2D or 3D CAD
• Building Layouts and Relief Maps
• Rectification of Satellite Images and Aerial Photograph
• Drainage and Sight Analysis

Which are the top industry players in the Digital Elevation Model market?

TomTom, Harris MapMart, LAND INFO, CompassData, DHI GRAS, Telespazio, Apollo Mapping

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