Mobile Mapping Market Analysis | 2023-2028

"The mobile mapping market was estimated at USD 32.54 billion in 2022 and is likely to grow at a CAGR of 18.99% during 2023-2028 to reach USD 93.58 billion in 2028".

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Market Dynamics

Introduction

Mobile mapping systems combine various navigation and remote-sensing technologies on a common moving platform, capable of providing efficient, fast, and complete data collection. This data can be used for a variety of applications, including city planning, asset management, environmental monitoring, and security and surveillance. Mobile mapping systems are becoming increasingly affordable and accessible, and the technology is continuing to develop. As a result, mobile mapping is likely to be used in even more applications in the future.

Market Drivers

Major factors such as increasing demand for terrestrial mobile mapping in telecommunication and transportation, improved network connectivity, increasing penetration of mobile devices, and the growing role of optic fiber technology in driving smart cities are expected to boost the growth of the global mobile mapping market during the forecast period.

Segments Analysis

By Component Type

"The hardware component is expected to lead the market during the assessment period".

• The market is segmented into hardware, software, and service.
• The hardware component is expected to lead the market during the assessment period, owing to an increase in the growth of hardware components and systems such as LiDAR scanners, 360-degree video systems, and IMUs.
• Companies specializing in these systems, such as Topcon, Trimble, and 3D Laser Mapping, invest heavily in R&D to focus on product innovation and new product development. The goal of the strategy is to get a competitive edge in the fast-changing mobile mapping landscape.

By Application Type

"The GIS data collection segment is estimated to witness high growth in the market during the assessment period".

• The market is segmented as asset management, vehicle control & guidance, GIS data collection, road & railroad surveys, and others.
• The GIS data collection segment is estimated to witness high growth in the market during the assessment period, as the GIS data collected for important applications such as defense-related mapping, is becoming increasingly prevalent.
• The capacity of GIS data to map state infrastructure, including environmental and natural resource monitoring and maintenance, has increased the mobile mapping market demand. In addition, the growing demand for real-time geographic data capture has opened up new possibilities.

Regional Analysis

"Europe is estimated to be the leading region in the market during the assessment period".

• The rapid development of autonomous vehicles, as well as the growing demand for location-aware technologies, characterized by the European industry demand. According to the European Global Navigation Satellite Systems Agency, around three billion mobile applications currently rely on positioning data, opening up new economic opportunities.
• Several EU states, such as Germany, Italy, and the United Kingdom, are also heavily utilizing mapping tools for defence purposes, generating lucrative growth opportunities.

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Key Players

The following are the key players in the Mobile Mapping Market (arranged alphabetically).

• Apple Inc.,
• AISAN Technology,
• Autonavi,
• Baidu,
• Black & Veatch,
• Cycolmedia Technology B.V.,
• EveryScape, Inc.,
• Foursquare Labs, Inc.,
• Garmin International,
• Google LLC.,
• Leica Geosystems Inc.,
• Mapquest,
• Microsoft Corporation,
• Mitsubishi Electric Corporation,
• NAVTEQ Corp.,
• NCTech,
• NovAtel Inc.,
• PASCO,
• PhaseOne,
• Pointgrey/ FLIR Integrated Imaging Solutions,
• Qualcomm Inc.,
• Teledyne Optech Incorporated,
• TomTom International BV,
• Topcon Positioning Systems, Inc.,
• Trimble, Inc.

Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the mobile mapping market.

What Deliverables Will You Get in this Report?

Research Methodology

• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
• We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Customization Options

Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players).
• SWOT analysis of key players (up to 3 players).

Segmentation

• Current market segmentation of any one of the end-use types by application type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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