The process of geospatial data collection using mapping sensors on moving platforms such as cars, marine vessels and airplanes is called mobile mapping. Mobile mapping systems use global navigation satellite system (GNSS) technology along with inertial navigation systems (INS) in order to enable fast and precise calculation of continuous 3D position, velocity, and attitude (yaw, pitch and roll) of a plane. The demand for spatial data has seen explosive growth in the recent past which has led to the evolution of mobile mapping system. The major mobile mapping applications include precise assessment of the conditions of road or highway for emergency response by local and federal governments. The internet mapping applications include aerial photography and satellite images for developing online maps as well as street level views. Mobile mapping system used in military and defense applications checks the changes in landscapes or any assets or troops movements. This system is also used in corporate asset as well as infrastructure management applications. The adoption of mobile mapping is rising at a significant rate worldwide. Mobile mapping is increasingly being used for various applications such as BFSI, government, defense & intelligence, agriculture & forestry, telecommunication, transportation, real estate, and others. Varied applications of this technology include topographic mapping, infrastructure planning, traffic management, GIS data collection, asset management, land survey, imaging services, emergency response planning, and others and others.
The global mobile mapping market size was estimated to reach over USD 24.3 Billion in 2020, growing at a CAGR of 18.5% over the forecast period. This can be ascribed to the growing awareness pertaining to the expansive penetration of mobile devices. It offers new opportunities for key players operating in the global mobile mapping market. Besides, the implementation of improved network connectivity is affecting the market in a positive manner.
However, prevalence of privacy and data security apprehensions and lack of awareness about LBS is hampering the market growth. Furthermore, mobile mapping integration with wearable smart devices and growth of mapping analytics is likely to provide lucrative development opportunities for the mobile mapping market in the forthcoming years.
Mobile Mapping Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 24.3 Billion|
|Growth Rate||a CAGR of 18.5% during 2021-2028|
|Segment Covered||Component, Application, End-Use, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, and MEA|
|Key Players Profiled||Google, Microsoft, TomTom, Trimble NV, Apple, Foursquare, Telecommunication Systems, Inc., Tele Atlas Survey BV, NAVTEQ Corp, beica Geosystems AG, Topcon Corporation, NovAtel Inc., Javad GNSS Inc., Optech LLC, and Mitsubishi Corporation.|
Key Segments of the Global Mobile Mapping Market
Component Overview, 2021-2028 (USD Million)
Application Overview, 2021-2028 (USD Million)
- Road & Railway Survey
- GIS Data Collection
- Vehicle Control & Guidance
- Asset Management
End-Use Overview, 2021-2028 (USD Million)
- IT & Telecommunication
- Real Estate & Infrastructure
- Transport & Logistics
Regional Overview, 2021-2028 (USD Million)
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East and Africa (MEA)
- South Africa
- Rest of Middle East and Africa
- South America
- Rest of South America
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global mobile mapping market. Benchmark yourself against the rest of the market.
- Ensure you remain competitive as innovations by existing key players to boost the market.
What does the report include?
- The study on the global mobile mapping market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers the competitive landscape of existing/prospective players in the mobile mapping market industry and their strategic initiatives for product development.
- The study covers a qualitative and quantitative analysis of the market segmented based on Components, Application, and End User. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments.
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global mobile mapping market. The report will benefit Every stakeholder involved in the mobile mapping market.
- Managers within the mobile mapping market industry looking to publish recent and forecasted statistics about the global mobile mapping market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of the global mobile mapping market.
- Analysts, researchers, educators, strategy managers, and government institutions looking for insights into the market to determine future strategies.
Frequently Asked Questions (FAQ) :
Mobile mapping technology is process of gathering geospatial data using various components such as photographic, laser, LiDAR or other remote sensing systems. Factors like increasing investments from Government bodies for the development of smart cities and need of continuous upgradation of maps representing geographical location has accelerated the growth of mobile mapping market. Recent advancements in LiDAR technology have enabled mapping professionals to examine natural and built-up areas with greater flexibility and precision, creating new avenues for market expansion.
The adoption of mobile mapping is growing at a substantial pace worldwide. Mobile mapping is increasingly being used for a number of applications such as BFSI, government, defense & intelligence, agriculture & forestry, telecommunications, transport, real estate, and others. Various uses of this technology include topographic mapping, infrastructure planning, traffic control, GIS data collection, asset management, imaging services, land survey, emergency response planning, and others.
Mobile mapping is quickly becoming the most efficient way to collect data and create realistic 3-D models that can be utilized in a variety of applications across a wide range of industries. The key driver of demand for this market is the growing use of mobile devices that include mapping and navigation technologies. The growing demand for this market is due to the requirement for accurate yet fast and cost-effective data generation methods
However, the market is expected to become fragmented in the forthcoming years as several new market players are emerging from developing countries such as India, Japan, China, and other countries.
Based on components, the global mobile mapping market has been divided into hardware, software, and services. The hardware segment captured the largest share of the global market. Hardware includes sensors and scanners. The other two segments has witnessed growth in the previous years.
Based on the organization size, the market is segmented into road & railway survey, gis data collection, vehicle control & guidance, and asset management. Due to the increasing popularity of GIS data collected for vital applications such as defense-related mapping objectives, the GIS data gathering application is expected to increase at its fastest rate through 2028. The capacity of GIS data to map state infrastructure, including environmental and natural resource monitoring and maintenance, has increased market demand. In addition, the growing demand for real-time geographic data capture has opened up new possibilities.
End User Segment
Based on the end user, the market is segmented into bfsi, it & telecommunication, retail, government, real estate & infrastrudture, mining, and transport & logistics With constant technical improvements, the mobile mapping market is now increasing at a steady rate. The transportation and logistics sector, which generates the most income, is progressively embracing mobile mapping solutions to improve operational efficiency and implement and monitor mobile resources. Media and entertainment, manufacturing, and retail are three more high-growth industry verticals.
North America is likely to gather noteworthy growth through the forecast years 2021-2028. The growth of the mobile mapping market in this region is mostly ascribed to the market share that key players hold in this region. Also factors such as increasing demand for city planning and urban modeling couple with need of high accuracy indoor mapping is positively affecting the market. However, the growth in Asia Pacific region is likely due to the increased penetration of mobile devices equipped with GPS, high growth in developing economies such as India and China, along with the improved network connectivity.
The major players of the global Mobile Mapping market are Google, Microsoft, TomTom, Trimble NV, Apple, Foursquare, Telecommunication Systems, Inc., Tele Atlas Survey BV, NAVTEQ Corp, beica Geosystems AG, Topcon Corporation, NovAtel Inc., Javad GNSS Inc., Optech LLC, and Mitsubishi Corporation. In addition, the previously recognized as well as new market players are approaching the market with advanced and new strategic solutions and to remain competitive in the global market.