Overview and Scope
Mobile mapping is the process of collecting geographical data with a mobile vehicle equipped with a laser, GNSS, LiDAR-system, radar, photographic equipment, or any number of remote sensing devices. These georeferenced data points can also be utilized to construct accurate three-dimensional digital elevation models (DEMs) or digital terrain models of any environment when combined with positioning equipment. It is used to collect geospatial data from mobile vehicles such as cars, drones, and boats.
Sizing and Forecast
The mobile mapping market size has grown rapidly in recent years. It will grow from $40.73 billion in 2023 to $47.8 billion in 2024 at a compound annual growth rate (CAGR) of 17.4%. The growth in the historic period can be attributed to transportation and navigation applications, infrastructure development projects, asset management and inventory, rising demand for 3d mapping, urbanization and smart city initiatives..
The mobile mapping market size is expected to see rapid growth in the next few years. It will grow to $95.17 billion in 2028 at a compound annual growth rate (CAGR) of 18.8%. The growth in the forecast period can be attributed to environmental monitoring and conservation, precision agriculture, indoor mapping and navigation, tourism and location-based services, humanitarian aid and disaster response, customized mapping solutions.. Major trends in the forecast period include integration of lidar technology, advancements in sensor technologies, increased adoption of 3d mapping, real-time data capture and processing, cloud-based mapping services..
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Segmentation & Regional Insights
The mobile mapping market covered in this report is segmented –
1) By Type: 3D Mapping, Licensing, Indoor Mapping, Location Based Services, Location Based Search
2) By Component: Hardware, Software, Services
3) By Application: Road Surveys, Topographic Mapping, 3D Modeling, Asset Management, Other Applications
4) By Industry Vertical: Oil and Gas, Real Estate, Telecommunication, Manufacturing, Transportation and Logistics, Energy and Utilities, Other Industry Verticals
North America was the largest region in the mobile mapping market in 2023. The regions covered in the mobile mapping market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Growing smart city projects are expected to propel the growth of the mobile mapping market going forward. Smart city projects refer to leveraging IoT and networking to make urban living more efficient and convenient through everything from smart traffic lights and data-driven energy efficiency schemes to electric vehicle charging stations and interactive kiosks that offer free broadband. Mobile mapping is helpful in integrating all aspects of city planning and management, coordination, and synergistic functioning of different participants of the smart city ecosystem. For instance, according to the Ministry of Housing and Urban Affairs, a ministry of the Government of India, as of November 2023, a there are total 7,947 smart city projects in India, out of which 6,196 projects are completed and 1,751 projects are ongoing. Therefore, growing smart city projects are driving the mobile mapping market
Key Industry Players
Major companies operating in the mobile mapping market report are Apple Inc., Trimble Geospatial, TomTom N. V., Mitsubishi Electric Corporation, Topcon Positioning Systems Inc., NovAtel Inc., Garmin Ltd., Google LLC, Immersive Media Inc., Microsoft Corporation, Qualcomm Incorporated, Telefonaktiebolaget LM Ericsson, Leica Geosystems, FARO Technologies Inc., Trimble Inc., Hexagon AB, NGC Aerospace Ltd., IGI GmbH, Huron Geomatics Inc., The Sanborn Map Company Inc., Javad GNSS Inc., Teledyne Optech, Imajing SAS, Cyclomedia Technology BV, INRIX Inc., Baidu Inc., Black and Veatch, Four Square Labs, MapQuest, Telecommunication Systems, Foursquare Labs, Qualcomm Atheros, Mapbox, Esri
The mobile mapping market report table of contents includes:
1. Executive Summary
2.Mobile Mapping Market Characteristics
3.Mobile Mapping Market Trends And Strategies
4. Mobile MappingImpact Of COVID-19
5.Mobile Mapping Market Size And Growth
6.Mobile Mapping Segmentation
7.Mobile Mapping Regional And Country Analysis
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27.Mobile Mapping Competitive Landscape And Company Profiles
28.Mobile Mapping Key Mergers And Acquisitions
29.Mobile Mapping Future Outlook and Potential Analysis
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COVID-19 Impact Analysis on Mobile Mapping Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
The report encompasses data regarding market share and recent developments by key players.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Mobile Mapping Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/mobile-mapping-market/download-sampleMarket DynamicsThe growth of this market is mainly backed by continuous development in the logistics and transportation sector.
The market is expected to experience strong growth in the years to follow owing sharp increase in spending coupled with extensive research and development activities using mapping system.
Moreover, increase in the use of the mobile technology with the automotive design is anticipated to thrive the market growth in the years to follow.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
