Global Mobile Mapping Market to reach USD 70.23 Billion by 2027. Global Mobile Mapping Market is valued approximately at USD 23.40 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 17% over the forecast period 2021-2027. The increasing demand for terrestrial mapping the telecommunication industry is driving the growth of the sector. In addition to this, increasing investment in city smart projects is a driving factor. For instance: - in an effort to make mapping technology easy and more efficient the, Survey of India(SoI), national mapping agency(NMA) is planning to use professional grade drones for large scale mapping, covering more than 40000 villages in rural areas of Maharashtra. It comprises of components such as positioning sensors, laser scanners, LiDAR devices mounted on platforms such as boats, SUVs etc. But this growth is hindered by the factors such as increasing availability of low cost and portable sensors. Also, mobile mapping requires high initial investment which is likely to slow down the growth. 3D mobile mapping is a great opportunity for the sector because it changes the way environments are visualized, measured, analyzed and cataloged.
Key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of global mobile mapping market. North America is the dominant region in terms of revenue. The region has witnessed this sudden surge because of presence of key players such as Google Inc., Apple Inc., and Microsoft Corporation. Europe holds the second position in market share. The region is witnessing rapid growth in implementation of mobile mapping technology across various industry vertical such as BFSI, government, real estate etc.
Major Market player included in this report are
Trimble Inc.
Mitsubishi Electric Corporation
Google
Pasco Corporation
The Sanborn Map Company Inc.
Huron Geomatics Inc.,
Topcon Corporation
3D Laser Mapping
Apple Inc.
NavVis
Telefonaktiebolaget LM Ericsson
The objective of the study is to define Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Market. Additionally, the report shall also incorporate available opportunities in micro Markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the Market are explained below:
By Component:
Hardware
Imaging Devices
Laser Ranging & Scanning Devices
Positioning Devices
Software
Mapping Data Extraction
Data Processing
Service
Consulting
Integration and Maintenance
Managed Service
By Solution:
Location-Based
Indoor Mapping
Asset Management
3D Mapping
By Application:
Land Surveys
Arial Surveys
By End-Use:
Agriculture
BFSI
Government & Public Sector
Real Estate
Retail
Mining
Telecommunication
Transport & Logistics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Mobile Mapping Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors