Micware and ESRI Japan Form Business Alliance on Spatial Data Infrastructure
Micware has entered into a business alliance with ESRI Japan to develop and commercialize spatial information infrastructure that can continuously capture and analyze changes in the physical world, with applications spanning cities, mobility, roads, and infrastructure. Under the agreement, Micware will provide technology that collects location and video data, while ESRI Japan will use its ArcGIS platform to organize, display, and analyze the information. The two companies will also work on digital models of cities and solutions that use data from vehicles to monitor road conditions, traffic, and surrounding areas. The partnership is part of Micware's DynaPlanet-PF spatial intelligence strategy, and Micware established Micware Spacia on September 1 to expand its spatial intelligence business. No financial terms, contract value, revenue contribution, or earnings impact was disclosed, and ESRI Japan, which participated in Micware's May 14 IPO and acquired Micware's American depositary shares, did not disclose the value of that investment.
Emdoor Information's first-half net profit attributable to parent surges 1,614.8% year on year to 196 million yuan
Emdoor Information released its 2026 interim report, with net profit attributable to the parent company soaring 1,614.8% year on year to 196 million yuan. The company's operating revenue was 2.75 billion yuan, up 80.7% year on year; net profit attributable to the parent after deducting non-recurring items was 103 million yuan, up 756.3% year on year; net operating cash flow was negative 744 million yuan, down 134.2% year on year. In the second quarter, operating revenue was 1.61 billion yuan, up 65.9% year on year, and net profit attributable to the parent was 153 million yuan, up 1,076.4% year on year. The company said that, influenced by the wave of AI technology in the global consumer electronics industry, the sector is undergoing a structural recovery. The company continues to deepen its AI-plus core development strategy. Operating revenue from smart hardware products grew 59.23%, XR and AIoT business grew 133.29%, and domestic substitution business grew 51.72%.
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3D Mapping and Modeling Market Forecast to Hit $29.2 Billion by 2031
The global 3D mapping and modeling market is projected to reach $29.2 billion by 2031, growing at a compound annual growth rate of 10.6% from an estimated $17.63 billion in 2026, according to a new report from ResearchAndMarkets.com. Digital twin software is expected to be the fastest-growing segment, driven by infrastructure digitalization and integration with BIM, GIS, LiDAR, and reality capture. Cloud deployment is anticipated to lead the market in 2026 as organizations adopt scalable, connected geospatial workflows. North America is forecast to hold the largest market share, while Asia Pacific is projected to be the fastest-growing region due to rapid urbanization and infrastructure investment. Key drivers include expanding digital twin deployments, growing UAV-based reality capture, and AI-powered automated feature extraction.