The global mobile mapping market reached a value of US$ 26.9 Billion in 2021. Looking forward, the analyst expects the market to reach US$ 63.4 Billion by 2027, exhibiting at a CAGR of 15.52% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemicon different end use industries. These insights are included in the report as a major market contributor.
Mobile mapping refers to the process of gathering geospatial information using mobile vehicles such as cars, golf carts, airplanes and marine vessels. A mobile mapping system is generally fitted with advanced imagery systems, measurement tools, inertial measurement units (IMU) and inertial navigation systems (INS). It aids in visualizing, measuring, recording and analyzing the immediate environment by using radars, cameras, laser scanners and speed sensors. It also helps in mapping inaccessible areas quickly as well as effectively. Apart from this, it offers numerous advantages including enhanced accuracy, productivity and safety.
As the process of acquiring data through aerial photogrammetry is time-consuming, several organizations are shifting towards mobile mapping to gather geospatial data for construction, asset management, fleet management and maintenance of cable networks. This can also be accredited to the reduced delivery time and the low cost of mobile mapping when compared to other conventional mapping methods such as point-wise GPS and traditional terrestrial surveying. Moreover, smartphone manufacturers are equipping mobile phones with low-cost GPS receivers and motion sensors that can detect the location of the users within a few meters of accuracy. Thus, rapid advancements in the satellite mapping technology, its integration into smartphones and the boosting sales of smartphones are strengthening the growth of the global mobile mapping market. Further, increasing interest of mobile application developers in creating user-friendly mobile mapping applications is also catalyzing the market growth.
Key Market Segmentation: the analyst provides an analysis of the key trends in each sub-segment of the global mobile mapping market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on component, type, application and end-user.
Breakup by Component: Hardware Software Services
Breakup by Type: 3D Mapping Licensing Indoor Mapping Location Based Services Location Based Search
Breakup by Application: Imaging Services Aerial Mobile Mapping Emergency Response Planning Internet Application Facility Management Satellite
Breakup by End-User: Government Oil and Gas Mining Military Others
Breakup by Region: North America Europe Asia Pacific Middle East and Africa Latin America
Competitive Landscape: The report has also analysed the competitive landscape of the market with some of the key players being Google Inc., Tele Atlas Survey BV, NAVTEQ Corp, Leica Geosystems AG (Hexagon AB), Trimble Inc., Topcon Corporation, NovAtel Inc., Javad GNSS Inc., Optech LLC, Mitsubishi Corporation, Immersive Media Co., MapJack, NORC, Cyclomedia Technology B.V., EveryScape, Inc., etc.
This latest report provides a deep insight into the global mobile mapping market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global mobile mapping market in any manner.
Key Questions Answered in This Report:
How has the global mobile mapping market performed so far and how will it perform in the coming years? What are the key regional markets in the global mobile mapping industry? What has been the impact of COVID-19 on the global mobile mapping industry? What is the breakup of the market based on the component? What is the breakup of the market based on the type? What is the breakup of the market based on the application? What is the breakup of the market based on the end-user? What are the various stages in the value chain of the global mobile mapping industry? What are the key driving factors and challenges in the global mobile mapping industry? What is the structure of the global mobile mapping industry and who are the key players? What is the degree of competition in the global mobile mapping industry? What are the profit margins in the global mobile mapping industry?
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