Mobile Mapping Market Growth Analysis $145.68 Bn By 2032 CAGR 17.2%

Mobile Mapping Market Size Worth USD 145.68 Billion By 2032 | CAGR: 17.2%


The global mobile mapping market size is expected to reach USD 145.68 Billion by 2032, according to a new study by Polaris Market Research. The report “Mobile Mapping Market Share, Size, Trends, Industry Analysis Report, By Type (Location Based Services, 3D Mapping, Location Based Search, Indoor Mapping, Licensing, Others); By Component; By Application; By End-user; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The demand for location-based services, growth in telecommunication and transportation sectors, and the widespread use of mobile units are the main drivers of the mobile mapping market. The growth in mapping software and components, coupled with improved network connectivity, is expected to support market growth. The use of geospatial information in risk and emergency management, infrastructure management, urban planning, logistics, and resource management has led to an increase in demand for mobile mapping solutions. The development of smart cities has also contributed to the growth of mobile mapping applications. Additionally, various industries such as energy and utilities, defense, government, and public sectors are driving market growth, along with the integration of mobile mapping with wearable smart devices.

Despite the market's rapid growth in recent years, there are still several factors hindering its growth. One of the major challenges is the high cost of data collection and processing, which many organizations, especially small and medium-sized enterprises, find prohibitively expensive. The need for more standardization in data formats and protocols poses another challenge, making it difficult to integrate data from different sources and create seamless user experiences.

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The increasing focus on smart city projects is propelling the mobile mapping market. These projects rely heavily on data and technology to enhance infrastructure, services, and the quality of life for citizens. Mobile mapping is an essential component in this process as it offers precise and up-to-date spatial data that can be leveraged to optimize urban planning, public safety, transportation systems, and other municipal services. Manufacturers are consistently investing in research and development to enhance the accuracy, efficiency, and functionality of their products. They are also ensuring compatibility with evolving operating systems and device types to stay competitive in the global market.

Mobile Mapping Market Report Highlights

  • In 2023, the mobile mapping market was dominated by the location-based services segment. This is due to its crucial role in modern smartphones, providing users with important functions such as maps, directions, and location tracking.
  • The GIS data collection segment is expected to dominate the global market in 2023, owing to the growing need for spatial data and analysis. Mobile mapping technology has emerged as a crucial tool for gathering and updating geospatial data, providing real-time information about the environment, and enabling organizations to make informed decisions.
  • North America holds the major revenue share in the global mobile mapping market. This can be attributed to factors such as a high adoption rate of advanced technologies, a surge in demand for location-based services (LBS), and a significant presence of key players in the region.
  • The global key market players include Apple Inc., DGT Associates, Foursquare Labs, Inc., Google Inc., Leica Geosystems Inc., Mapquest, Inc., Microsoft Corporation, Murphy Geospatial, Teledyne Technologies Incorporated, Tomtom NV, Topcon, Trimble Inc., etc.

Polaris Market Research has segmented the mobile mapping market report based on type, component, application, end-user, and region:

Mobile Mapping, Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Location Based Services
  • 3D Mapping
  • Location Based Search
  • Indoor Mapping
  • Licensing
  • Others

Mobile Mapping, Component Outlook (Revenue - USD Billion, 2019 - 2032)

  • Hardware
  • Software
  • Services

Mobile Mapping, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • GIS Data Collection
  • Asset management
  • Land Survey
  • Imaging Services
  • Emergency Response Planning
  • Others

Mobile Mapping, End-user Outlook (Revenue - USD Billion, 2019 - 2032)

  • Banking, Financial Services and Insurance
  • Transportation and Logistics
  • Telecommunication
  • Agriculture
  • Mining
  • Defense
  • Public Sector
  • Others

Mobile Mapping, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Mobile Mapping Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 40.80 Billion

Revenue Forecast in 2032

USD 145.68 Billion

CAGR

17.2% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD Billion and CAGR from 2024 to 2032

Segments Covered

By Type, By Component, By Application, By End-user, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization

Report customization as per your requirements concerning countries, regions, and segmentation.

For Specific Research Requirements

Request for Customized Report