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The mobile mapping global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Mobile Mapping Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The mobile mapping market size has grown rapidly in recent years. It will grow from $40.73 billion in 2023 to $47.8 billion in 2024 at a compound annual growth rate (CAGR) of 17.4%. The growth in the historic period can be attributed to transportation and navigation applications, infrastructure development projects, asset management and inventory, rising demand for 3d mapping, urbanization and smart city initiatives..
The mobile mapping market size is expected to see rapid growth in the next few years. It will grow to $95.17 billion in 2028 at a compound annual growth rate (CAGR) of 18.8%. The growth in the forecast period can be attributed to environmental monitoring and conservation, precision agriculture, indoor mapping and navigation, tourism and location-based services, humanitarian aid and disaster response, customized mapping solutions.. Major trends in the forecast period include integration of lidar technology, advancements in sensor technologies, increased adoption of 3d mapping, real-time data capture and processing, cloud-based mapping services..
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Scope Of Mobile Mapping Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Mobile Mapping Market Overview
Market Drivers –
Growing smart city projects are expected to propel the growth of the mobile mapping market going forward. Smart city projects refer to leveraging IoT and networking to make urban living more efficient and convenient through everything from smart traffic lights and data-driven energy efficiency schemes to electric vehicle charging stations and interactive kiosks that offer free broadband. Mobile mapping is helpful in integrating all aspects of city planning and management, coordination, and synergistic functioning of different participants of the smart city ecosystem. For instance, according to the Ministry of Housing and Urban Affairs, a ministry of the Government of India, as of November 2023, a there are total 7,947 smart city projects in India, out of which 6,196 projects are completed and 1,751 projects are ongoing. Therefore, growing smart city projects are driving the mobile mapping market
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
The mobile mapping market covered in this report is segmented –
1) By Type: 3D Mapping, Licensing, Indoor Mapping, Location Based Services, Location Based Search
2) By Component: Hardware, Software, Services
3) By Application: Road Surveys, Topographic Mapping, 3D Modeling, Asset Management, Other Applications
4) By Industry Vertical: Oil and Gas, Real Estate, Telecommunication, Manufacturing, Transportation and Logistics, Energy and Utilities, Other Industry Verticals
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Regional Insights –
North America was the largest region in the mobile mapping market in 2023. The regions covered in the mobile mapping market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the mobile mapping market report are Apple Inc., Trimble Geospatial, TomTom N. V., Mitsubishi Electric Corporation, Topcon Positioning Systems Inc., NovAtel Inc., Garmin Ltd., Google LLC, Immersive Media Inc., Microsoft Corporation, Qualcomm Incorporated, Telefonaktiebolaget LM Ericsson, Leica Geosystems, FARO Technologies Inc., Trimble Inc., Hexagon AB, NGC Aerospace Ltd., IGI GmbH, Huron Geomatics Inc., The Sanborn Map Company Inc., Javad GNSS Inc., Teledyne Optech, Imajing SAS, Cyclomedia Technology BV, INRIX Inc., Baidu Inc., Black and Veatch, Four Square Labs, MapQuest, Telecommunication Systems, Foursquare Labs, Qualcomm Atheros, Mapbox, Esri
1. Executive Summary
2. Mobile Mapping Market Report Structure
3. Mobile Mapping Market Trends And Strategies
4. Mobile Mapping Market – Macro Economic Scenario
5. Mobile Mapping Market Size And Growth
…..
27. Mobile Mapping Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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