The North America Mobile Mapping Market would witness market growth of 14.5% CAGR during the forecast period (2021-2027).
Mobile mapping integrates separate technologies to enhance specialized mapping activities. By employing digital technologies, mobile mapping technology has lowered the cost and logistics of all mapping procedures. Some of the growth catalysts for the market are massive investments in smart city initiatives, deployment of sophisticated technologies for surveying & mapping, and increased usage of geospatial data.
Mobile mapping has become one of the most popular geospatial techniques in recent years, allowing businesses and researchers to acquire data more quickly and build accurate 3D models even in challenging settings. The mobile mapping technology entails the digitalization of complex landscapes at a very high spatial resolution utilizing a mobile device. The goal is to collect accurate geographical data about desired items and locations.
The U.S. Geological Survey USGS 3D Elevation Program (3DEP) is gathering lidar data around the country to help with a variety of tasks, including energy infrastructure building and safety. The National Enhanced Elevation Assessment recognized renewable energy resources, resource mining, and oil and gas resources as economic uses that require three-dimensional (3D) elevation data.
The US market dominated the North America Mobile Mapping Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $16.7 billion by 2027. The Canada market is expected to witness a CAGR of 17.1% during (2021 - 2027). Additionally, The Mexico market would experience a CAGR of 16.1% during (2021 - 2027).
Based on Application, the market is segmented into Topographic Mapping, Road Surveys, 3D Modeling, Asset Management, and Others. Based on Industry Vertical, the market is segmented into Government, Energy & Utilities, Oil & Gas, Manufacturing, Real Estate, Transportation & Logistics, Telecommunication, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Mobile Mapping Market is Estimated to reach $65.9 Billion by 2027, at a CAGR of 16.1%
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 Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.