Global Mobile Mapping Market to Grow at a CAGR of 16.7% During 2024-2032, Aided by the Rising Adoption of Satellite Mapping Technology

The increasing utilisation of Global Navigation Satellite Systems (GNSS) in applications such as 3D mapping, environmental monitoring, machinery guidance, accident reconstruction, and disaster response has generated substantial demand for solutions in mobile mapping. Precise and real-time spatial data provided by mobile mapping systems can support a variety of industries and use cases that are reliant on accurate geospatial intelligence.

The market for mobile mapping is also being driven by innovations in automated and rapid data collection leveraging new 5G network technologies. While promising new capabilities for mobile mapping, concerns around privacy, data security and the financial investment required for implementation have also presented challenges to market expansion.

The growing number of smartphone users has led to increasing demand for location-based services and applications. Mobile mapping applications provide real-time navigation capabilities, precise positioning functionality and geospatial data to enhance the user experience. Smartphones are well-suited for accessing mobile mapping services due to their convenience and portability, serving to accelerate the mobile mapping market expansion.

Looking ahead, integrating mobile mapping capabilities into emerging wearable devices and advancing analytic tools for captured geospatial data are two areas supporting the market growth and opportunity.

 
Increasing launches of innovative mobile mapping solutions by key players are favouring the market. In February 2024, Trimble Inc (NASDAQ: TRMB) introduced the Trimble® MX90 mobile mapping system. Equipped with Trimble's state-of-the-art GNSS and inertial technologies, the Trimble MX90 provides a complete mobile mapping solution when combined with Trimble's field and office software. This enables powerful workflows for data capture, processing, and analysis. The system utilises immersive 360-degree panoramic and targeted cameras to capture high-resolution imagery. This includes details such as small or distant road and rail signs, telecommunications towers, or cracks and holes in roads.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Market Breakup by Offering, Deployment Model, Enterprise Size, Application, Industry Vertical, and Region:

• On the basis of the offering, the market is classified into hardware, software, and service.

• The market is segmented based on deployment model into on-premises and cloud.

• On the basis of the enterprise size, the market is bifurcated into large enterprises and SMEs.

• On the basis of the application, the market is segmented into asset management, topographic mapping, road surveys, and 3D modeling, among others.

• The market is segmented based on the industry vertical into construction and real estate, energy and utilities, transportation and logistics, retail, government and public sector, and manufacturing, among others.

• By region, the market can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• Smart cities have rapidly expanded in recent years due to increased urbanisation and supportive government initiatives worldwide. Three-dimensional (3D) mapping is critical for the development of smart cities, enabling capabilities such as autonomous navigation, traffic management, disaster response, digitisation of infrastructure records, and pollution reduction through optimisation of resources and sustainability initiatives.

• Rapid adoption of satellite mapping technologies and their integration into smartphones and Internet of things devices is driving the mobile mapping market growth. Mobile mapping is broadly utilised across applications such as smart city planning, environmental monitoring, and asset management. On-demand deployment models now offer deployment flexibility, which is further fuelling the market.

• The rise of on-demand deployment systems represents a seminal shift in the market. These solutions provide unprecedented flexibility and precision at significantly lower upfront expenses by adopting subscription-based pricing models. Rather than perpetual licenses, companies now offer users the ability to pay monthly or quarterly in exchange for on-demand access to advanced mapping tools.

Key Offerings of the Report:

• The EMR report gives an overview of the global mobile mapping market for the periods (2018-2023) and (2024-2032).

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the offerings, deployment models, enterprise sizes, applications, industry verticals, and regions of mobile mapping.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global mobile mapping market are Google LLC, Trimble Inc., Apple Inc, Topcon Corporation, Garmin Ltd, Microsoft Corporation, Mitsubishi Electric Corporation, Hexagon AB, Pasco Corporation, and TomTom International BV, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: [email protected]
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790