The Mobile Mapping Market is likely to surpass a valuation of $65 billion by 2026. The growing demand for innovative geospatial data collecting solutions is projected to drive the global market share through 2026. In addition, increasing focus of major industry players to gain competitive advantage by developing technologically advanced solutions is also expected to augment the revenue share and drive the market share.

In terms of components, the software segment is projected to expand at an unprecedented CAGR of about 20% over the forecast timeframe. Mapping data extraction software is observing an increasing demand across the companies that cater to customers that are spread over a wider geographical area.

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With regards to application, the vehicle control and guidance segment is projected to expand at a CAGR of more than 20% through the analysis period. Owing to the increasing development in ADAS (Advanced Driver Assistant Systems) as well as autonomous cars, key automobile firms are turning to mobile mapping market to effectively help automated vehicles to navigate in a more accurate manner.

This market technology gathers information from several remote sensing systems like RADAR and LiDAR. This technology offers georeferenced pictures and videos, digital maps, as well as other GIS data. The data helps in efficient vehicle guidance and better control, thereby pushing the segment size.

The Asia Pacific mobile mapping market is projected to observe tremendous growth led by India and China. In fact, the regional market share is estimated to expand at a CAGR of more than 20% through the forthcoming timeframe. Consistently developing the transport sector, especially in China and India, is a prominent factor driving market expansion.

This is projected to boost the demand for sophisticated industry solutions throughout these countries, fostering industry growth. Furthermore, a number of industry players in the region are focusing on developing more innovative solutions, which is likely to outline the regional growth further. Taking January 2020 for instance, Lawrence & Mayo unveiled its GexCel mobile mapping market solution that comes with a software platform to process gathered data.

Speaking of market players, the mobile mapping industry is witnessing many strategic partnerships focused towards joint efforts to launch new products with additional functionalities. Taking February 2019 for instance, TomTom International, a renowned mapping technology developer, expanded its partnership agreement with tech giant Microsoft to bring the TomTom traffic data and maps to a plethora of mapping scenarios throughout the Microsoft cloud services. The deal effectively makes TomTom the leading provider of location data to Bing Maps and Microsoft Azure.

The competitive landscape of the global mobile mapping market is inclusive of players such as Trimble Inc., Google, Garmin International, and Apple, Inc. among others.

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Table of Content

Chapter 5.    Mobile Mapping Market, By Component

5.1.    Key trends, by component

5.2.    Hardware

5.2.1. Market estimates and forecast, 2015 – 2026

5.2.2. Imaging device

5.2.2.1.    Market estimates and forecast, 2015 – 2026

5.2.3. Laser ranging and scanning device

5.2.3.1.    Market estimates and forecast, 2015 – 2026

5.2.4. Positioning device

5.2.4.1.    Market estimates and forecast, 2015 – 2026

5.3.    Software

5.3.1. Market estimates and forecast, 2015 – 2026

5.3.2. Mapping data extraction

5.3.2.1.    Market estimates and forecast, 2015 – 2026

5.3.3. Data processing

5.3.3.1.    Market estimates and forecast, 2015 – 2026

Chapter 6.    Mobile Mapping Market, By Application

6.1.    Key trends, by application

6.2.    Asset management

6.2.1. Market estimates and forecast, 2015 – 2026

6.3.    Vehicle control and guidance

6.3.1. Market estimates and forecast, 2015 – 2026

6.4.    GIS data collection

6.4.1. Market estimates and forecast, 2015 – 2026

6.5.    Road & railroad surveys

6.5.1. Market estimates and forecast, 2015 – 2026

6.6.    Others

6.6.1. Market estimates and forecast, 2015 – 2026

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