Market analysis
Mobile mapping systems are an accurate method of acquiring geospatial data from moving vehicles. The system consists of different types of components, such as positioning sensors, laser scanners, LiDAR, digital cameras mounted on radar, or multiple types of remote sensing equipment mounted on mobile platforms, such as boats, SUVs, and ATVs ( ATV) depending on the end-use application. The results of such systems are GIS data, digital maps, and georeferenced images and videos. 3D mobile mapping is one of the most important geospatial technologies, transforming the way environments are visualized, measured, analyzed, and catalogued. Mobile mapping is used for land surveying, laser scanning, surveying, aerial surveying, facility/road management, and many other applications.
The global mobile map market is expected to grow at a CAGR of 12.31% during the forecast period . .
The penetration of mobile devices and the increasing application of mobile maps in areas such as automotive transportation, telecommunications, mining, BFSI, and defense are driving the growth of the overall industry. Growing demand for location-based services, enhanced network connectivity, and improved components and mapping software are supporting the market growth. The use of geospatial information in applications such as infrastructure management, risk and emergency management, urban planning, resource management, and logistics has driven the demand for mobile mapping solutions over the years. Increasing investments by vendors in technology development coupled with rising applications in urban planning and smart city development will aid the growth of this market over the forecast period. Growing demand in emerging economies and advancements in mapping analytics are expected to provide a range of growth opportunities for the mobile mapping industry over the next few years.
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The adoption of mobile maps is growing at a massive rate globally. Mobile maps are increasingly used in many applications such as BFSI, government, defense and intelligence, agriculture and forestry, telecommunications, transportation, real estate, and more. Various uses of this technology include topographic mapping, infrastructure planning, traffic control, GIS data collection, asset management, imaging services, land surveying, emergency response planning, and more.
Impact of COVID-19 on the Global Mobile Maps Market
Amid the ongoing COVID-19 pandemic, mobile maps have gained significant market traction for mapping the travel histories and locations of infected individuals. Governments are vigorously adopting mobile mapping tools to map demographic data and correlate those data with the spread of the coronavirus across regions.
market division
The global mobile map industry has been segmented based on components, solutions, applications, user types, and end users.
Based on components, the global mobile map market has been divided into hardware, software, and services. The hardware part has been subdivided into cameras, sensors, laser scanners, etc. The service sector has been subdivided into professional and management.
Based on this solution, the global mobile map market has been segmented into location-based indoor maps, asset management, 3D maps, and others.
By application, the global mobile surveying and mapping market has been segmented into land surveying, bridge planning, aerial surveying, and others.
By user type, the global mobile map market has been segmented into businesses and individuals.
By end user, the global mobile map market has been segmented into agriculture, aviation and aerospace, real estate and construction, energy and power, maritime transportation, mining, IT and telecommunications, healthcare, media and entertainment, manufacturing, and others.
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Regional Analysis
Geographically, the global mobile map industry has been segmented into Asia Pacific, North America, Europe, Middle East and Africa, and South America.
North America leads the global market
North America leads the mobile map market in terms of market share. The regional market has seen huge growth due to the participation of key players such as Apple, Google and Microsoft and their investments in developing mobile mapping solutions in the United States, Canada and Mexico.
Europe will follow North America
Europe has the second largest market share in the mobile map segment. The region has seen rapid growth in the implementation of mobile map technology in verticals such as manufacturing, government, banking and financial services, real estate, telecommunications , and transportation.
The competitive environment
The global mobile map market is relatively fragmented and highly competitive with the addition of many international and regional players. Market players are actively involved in technology development, global expansion, and mergers and acquisitions to strengthen their market positions.
Prominent players operating in the global mobile map market include:
- Trimble Inc (US)
- Toho Co., Ltd. (Japan)
- Mitsubishi Electric Corporation (Japan)
- Huron Surveying and Mapping Corporation (Canada)
- Google (US)
- Pasco Corporation (Japan)
- Sanborn Map Company
- 3D Laser Mapping
- Apple Inc. (US)
- Navigate Weiss
- FARCO Technologies Inc (US)
- Telefonaktiebolaget LM Ericsson (Sweden)
- NGC Aerospace Co., Ltd.
- Microsoft Corporation (US)
- Hexagon AB (Sweden)
- IGI GmbH (Germany)
- Tom Tom International Ltd. (Netherlands)
- Ultra High Tech (Israel)
- Gexcel (Italy)
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