The Global Mobile Mapping Market size is expected to reach $65.9 billion by 2027, rising at a market growth of 16.1% CAGR during the forecast period.
The practice of collecting geographical data from a vehicle is referred to as mobile mapping. Road & aerial mobile mapping, emergency response planning, and high facility management are all common applications of the mapping system. Laser, radar, LiDAR (light detection and ranging), photography, and other remote sensing devices are commonly used to collect data. Digital maps, GIS data, and geo-referenced video and image are some of the mobile mapping outputs.
Integration of several navigation and remote sensing technologies on a common moving platform is an emerging answer to the issues encountered in modern data collection campaigns. These Mobile Mapping Systems (MMS) can collect data quickly, efficiently, and cost-effectively. Their development was spurred by a desire to solve problems with alternate spatial data collection methods.
Also, market growth is likely to be fueled by the continued shift from personal navigation devices to smartphones and consumer-centric applications. In addition, the market players are likely to witness increased competition due to the growing adoption rate of digital mapping applications for use in self-driving cars in the automotive industry.
Factors such as growing awareness of inventory and asset management, infrastructural development of telecommunications networks, increased adoption of mobile mapping devices are anticipated to fuel the growth of the mobile mapping market during the forecasting period.
The outbreak of the COVID-19 pandemic has been beneficial to the mobile mapping industry. During the pandemic, mobile mapping has played a crucial role in acquiring the travel history and location of affected persons. Governments are increasingly using mobile mapping tools to map demographic data and correlate it with spread of the disease distribution in a particular area.
As governments around the world have imposed strict lockdown measures to curb the spread of coronavirus, the need to monitor transportation systems like red light, traffic cameras and others was high. To fulfill this need, many governmental bodies have utilized mobile mapping techniques to acquire crucial data and ensure the appropriate implementation of the lockdown guidelines.
Presently, there has been a surge in the deployment of laser scanning and positioning technologies in mobile mapping market to meet changing industrial demands for high-precision scanning of large geographic areas. Recent advancements in LiDAR technology have enabled mapping professionals to examine natural and built-up areas with greater flexibility and precision. For instance, in May 2020, Trimble launched the MX7 mobile mapping system for asset monitoring and mapping.
The expansion of autonomous and connected vehicle infrastructure has resulted from rising consumer expectations and different technology advancements. When visibility and conditions are bad, mobile mapping systems assist vehicles in planning and provide a safety net for sensors, making automated driving even safer. Automation can significantly improve the driver comfort by taking over the tiresome aspects of driving.
Due to the limited range of the lasers used in these systems, the acquisition swath is relatively narrow. For point cloud acquisition, mobile mapping systems use Class 1 eye-safe lasers. The benefit is that the acquisition can take place even when there are a lot of people in close proximity to the sensor, which is frequent in metropolitan collections, and there are no health risks.
By application, the Mobile Mapping Market is segmented into Road Surveys, Topographic Mapping, 3D Modeling, Asset Management, and others (automotive navigation, and precision farming). Topographic mapping segment to hold a larger market size during the forecast period. A topographic survey is typically based upon systematic observation and published as a map series, consisting of two or more map sheets that combine to form the whole map. A topographic map series uses a common specification that includes the range of cartographic symbols employed, as well as a standard geodetic framework that defines the map projection, coordinate system, ellipsoid, and geodetic datum.
On the basis of Industry, the Mobile Mapping Market is divided into Oil and Gas, Real Estate, Government, Manufacturing, Transportation and Logistics, Energy and Utilities, Telecommunication, Retail and others (agriculture and mining). In 2020, the government segment acquired the maximum revenue share of the market. In addition, the segment would display a similar trend during the forecasting period. This is due to the massive utilization of mobile mapping techniques like LiDAR by the government. In addition, mobile LiDAR mapping enables the collection of data without the need to stop or disturb the traffic. Moreover, LiDAR surveys are conducted at all hours of the day and night, thus it can be done in the evening or overnight when there is less traffic.
| Report Attribute | Details |
|---|---|
| Market size value in 2020 | USD 26.2 Billion |
| Market size forecast in 2027 | USD 65.9 Billion |
| Base Year | 2020 |
| Historical Period | 2017 to 2019 |
| Forecast Period | 2021 to 2027 |
| Revenue Growth Rate | CAGR of 16.1% from 2021 to 2027 |
| Number of Pages | 229 |
| Number of Tables | 332 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Companies Strategic Developments, Company Profiling |
| Segments covered | Application, Industry Vertical, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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Based on the Region, the Mobile Mapping Market is analysed across North America, Europe, APAC, and LAMEA. In 2020, North American region emerged as the dominating region of the market and would continue to show similar trend even during the forecasting period. Many tech giants such as Apple, Google, and Microsoft are putting high investment to develop innovative mobile mapping solutions in the region. In addition, the regional countries are witnessing massive adoption of mobile mapping to collect geospatial data.
Free Valuable Insights: Global Mobile Mapping Market size to reach USD 65.9 Billion by 2027
The major strategies followed by the market participants are Product Launches. Based on the Analysis presented in the Cardinal matrix; Apple, Inc., Google LLC and Microsoft Corporation are the forerunners in the Mobile Mapping Market. Companies such as Qualcomm, Inc., Mitsubishi Electric Corporation, Garmin Ltd. are some of the key innovators in the Market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Trimble, Inc., Microsoft Corporation, Apple, Inc., Google LLC, Mitsubishi Electric Corporation, Qualcomm, Inc., TomTom N.V., Hexagon AB (NovAtel, Inc.), Garmin Ltd., and Ericsson AB.
By Application
By Industry Vertical
By Geography
The mobile mapping market size is projected to reach USD 65.9 billion by 2027.
Automated driving technology is becoming more common are driving the market in coming years, however, laser range in mobile mapping devices limited the growth of the market.
Trimble, Inc., Microsoft Corporation, Apple, Inc., Google LLC, Mitsubishi Electric Corporation, Qualcomm, Inc., TomTom N.V., Hexagon AB (NovAtel, Inc.), Garmin Ltd., and Ericsson AB.
Mobile mapping has played a crucial role in acquiring the travel history and location of affected persons. Many governmental bodies have utilized this techniques to minimize spread of virus and ensure the appropriate implementation of the lockdown guidelines.
The Oil & Gas market shows high growth rate in the market of 14.6% during (2021 - 2027).
The North America market acquired maximum revenue share in 2020 of Global Mobile Mapping Market, and would continue to be a dominant market till 2027.
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