Tractica on 3D Imaging Market

According to a report from Tractica, the worldwide market for 3D imaging hardware and software will grow from $3.2b in 2014 to $24.9b in 2024 at a compound annual growth rate (CAGR) of 23%. The consumer and mobile and the automotive markets were the two largest in 2014, accounting for $1.2 billion and $1.0 billion, respectively. The robotics and industrial market will sport the highest growth rate of 26.9% among all the application markets to become worth $3.9 billion by 2024. Overall, the consumer and mobile market will continue to be the largest market for 3D imaging technology, accounting for $10.1 billion in 2024 and growing at a CAGR of 23.3%: