The global mobile mapping market size was US$ 24.2 billion in 2021. The global mobile mapping market size is estimated to reach US$ 108.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 18.2% during the forecast period from 2022 to 2030.
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Mobile mapping is the method of gathering geospatial data from a mobile vehicle, generally equipped with a scope of photographic, GNSS, laser, radar, LiDAR, or any number of remote sensing systems. They are comprised of an integrated collection of imaging sensors and time-synchronized navigation sensors scaled on a mobile medium.
Factors Influencing Market Growth
? The fast utilization of satellite mapping technology and its seamless integration into smartphones and Internet of Things (IoT) connected devices are driving the overall market expansion.
? The increase in the application of the global navigation satellite system (n environmental monitoring, 3D mapping, accident investigation, machinery control, and disaster response to the demand for accurate and up-to-date spatial data has driven the overall market expansion.
? Data security and privacy concerns and the high expense of execution of mobile mapping solutions have hindered the expansion of the overall market.
? Mobile mapping integration with wearable smart devices and the growth of mapping analytics are likely to drive the overall market expansion.
Effect of the COVID-19 Pandemic
COVID-19 had a positive influence on the overall market expansion. As governments are rising to utilize mobile mapping devices to map demographic data and connect it with the spread of COVID-19. Thus, driving the overall market expansion.
Regional Analysis
North America dominated the overall market expansion in 2021 and is anticipated to maintain its position during the analysis period. This is due to various aspects like the use of mobile mapping among different verticals like real estate and manufacturing and digitalization around the region.
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Leading Competitors
The prominent players in the global mobile mapping market are:
? Trimble
? Qualcomm
? Pasco Corporation
? Optech
? Mitsubishi Electric Corporation
? MapJack, Microsoft Corporation
? Google LLC
? Hexagon AB
? Foursquare Labs
? Black & Veatch
? Others
Segmentation Analysis
The global mobile mapping market segmentation focuses on Offering, Deployment Model, Enterprise Size, Application, Industry Vertical, and Region.
Segmentation on the basis of Offering
? Solution
o Hardware
o Software
? Service
Segmentation on the basis of the Deployment Model
? On-premise
? Cloud
Segmentation on the basis of Enterprise Size
? Large Enterprises
? SMEs
Segmentation on the basis of Application
? Asset Management
? Topographic Mapping
? Road Surveys
? 3D Modeling
? Others
Segmentation on the basis of Industry Vertical
? Construction & Real Estate
? Energy & Utilities
? Transportation & Logistics
? Retail
? Government & Public Sector
? Manufacturing
? Others
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Segmentation on the basis of Region
? North America
? The U.S.
? Canada
? Mexico
? Europe
? Western Europe
? The UK
? Germany
? France
? Italy
? Spain
? Rest of Western Europe
? Eastern Europe
? Poland
? Russia
? Rest of Eastern Europe
? Asia Pacific
? China
? India
? Japan
? Australia & New Zealand
? ASEAN
? Rest of Asia Pacific
? Middle East & Africa (MEA)
? UAE
? Saudi Arabia
? South Africa
? Rest of MEA
? South America
? Brazil
? Argentina
? Rest of South America
Mobile Mapping Market Research Report Scenario includes:
>The report provides qualitative and quantitative trends of global Mobile Mapping Market across type, type of products, service, and geography.
>The report starts with the key takeaways, highlighting the key trends and outlook of the global Mobile Mapping Market.
>Provides the research methodology of the study.
>Further provides PEST analysis for each region.
>Highlights the key industry dynamics in the Mobile Mapping Market, including factors that are driving the market, prevailing deterrent, potential opportunities as well as future trends. Impact analysis of these drivers and restraints is also covered in this section.
>Discusses the global Mobile Mapping Market scenario, in terms of historical market revenues, and forecast till the year 2031.
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