The ‘Global Mobile Mapping Market Price, Size, Share, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global mobile mapping market, assessing the market on the basis of its segments like offering, deployment model, enterprise size, application, industry vertical, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
Mobile Mapping Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 30.8 billion
- Forecast CAGR (2023-2028): 16.50%
- Forecast Market Size (2028): USD 78 billion
Increasing use of geospatial data across industries and the significant efficiencies offered by mobile mapping are the key driving factors of the global mobile mapping market. Through mobile mapping, end-users can capture accurate geospatial data quickly, efficiently, and in a cost-effective manner, even in harsh conditions.
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Due to the flexibility of mobile mapping, hard to reach areas and complex environments can be mapped, supported by the high spatial resolution support of mobile mapping. By incorporating latest technologies, mobile mapping offers a feasible means of mapping any area. The affordability and precision of mobile mapping are increasing its use by SMEs, further driving the growth of the mobile mapping market.
In the upcoming years, rising investments in smart city projects worldwide are anticipated to augment the growth of the market for mobile mapping. Geospatial data has a foundational role in urban development and smart cities as it can provide ground information in the form of 3D mixed reality models. Through mobile mapping, an accurate and reliable geospatial database can be created that would aid in the initial smart city planning and development as well as long term management. Street-level imagery can be utilised by government and public sector applications including public space management and public safety, bolstering the mobile mapping market demand.
Mobile Mapping Industry Definition and Major Segments
Mobile mapping refers to the collection of geospatial data through various mobile vehicles such as drones, airplanes, trains, boats, and cars. The vehicle is equipped with remote sensing systems such as LiDAR, radar, GNSS, laser, and photographic. They enable rapid collection of large volumes of data which can then collated for cohesive insights into the location.
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Based on offering, the market is divided into:
- Hardware
- Software
- Service
On the basis of deployment model, the market is bifurcated into:
- On-Premises
- Cloud
By enterprise size, the market is classified into:
- Large Enterprises
- SMEs
Based on application, the market is segmented into:
- Asset Management
- Topographic Mapping
- Road Surveys
- 3D Modeling
- Others
On the basis of industry vertical, the market is divided into:
- Construction and Real Estate
- Energy and Utilities
- Transportation and Logistics
- Retail
- Government and Public Sector
- Manufacturing
- Others
By region, the market is categorised into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Mobile Mapping Market Trends
Rising popularity of autonomous driving technology in the transportation and logistics sector is assessed to be a key trend in the mobile mapping market. Significant advancements have been made in autonomous driving technology, with improvements in driving accuracy and sensor capabilities. Usage of mobile mapping systems offer an additional layer of safety by providing detailed geospatial data which is particularly beneficial in cases when visibility is poor. In autonomous driving, mobile mapping systems can be directly integrated with onboard software and online services to delivery geospatial data rapidly for an enhanced driving experience.
Development of large-scale manufacturing facilities is another crucial trend in the mobile mapping market. As more complex machinery is incorporated into manufacturing facilities, the environment within, including the safety of machinery, staff, and inventory, needs to be monitored closely. Deployment of mobile mapping systems within manufacturing units enables efficient monitoring for larger spaces, thereby improving safety and preventing losses.
Regionally, the Asia Pacific is projected to witness rapid growth in the market for mobile mapping, supported by the early adoption of new technologies, expansion of manufacturing capabilities, and development of smart city projects. Rising production of mobile devices and other mobile mapping components such as scanners and cameras in the Asia Pacific is further lowering the costs of mobile mapping systems, thereby heightening their adoption.
Key Market Players
The major players in the global mobile mapping market report are:
- Google LLC
- Trimble Inc.
- Apple Inc
- Topcon Corporation
- Garmin Ltd
- Microsoft Corporation
- Mitsubishi Electric Corporation
- Hexagon AB
- Pasco Corporation
- TomTom International BV
- Others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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