The mobile mapping market has seen considerable growth due to a variety of factors.
• In recent times, there has been a speedy expansion in the size of the mobile mapping market. The market which is poised to surge from $46.8 billion in 2024 to $54.36 billion in 2025, is projected to experience a compound annual growth rate (CAGR) of 16.2%.
Factors such as the use in transportation and navigation applications, infrastructure development ventures, asset management and inventory, increased need for 3D mapping, urban growth, and the push for smart city programs contributed to the noteworthy growth during the historic period.
The mobile mapping market is expected to maintain its strong growth trajectory in upcoming years.
• In the forthcoming years, the mobile mapping market is anticipated to experience substantial growth, reaching a valuation of $116.45 billion in 2029, with a compound annual growth rate (CAGR) of 21.0%.
This escalated growth during the projection period can be ascribed to several factors such as environmental surveillance and preservation, precision farming, indoor mapping and navigation, tourism and location-oriented services, humanitarian assistance and disaster recovery, and tailor-made mapping solutions. Key development trends during the forecast period comprise the integration of lidar technology, development in sensor technologies, rampant adoption of 3D mapping, the capture and processing of real-time data, and the use of cloud-based mapping services.
The expansion of smart city initiatives is predicted to stimulate the mobile mapping market's development. The concept of smart city initiatives encompasses the use of IoT and networking to enhance urban life efficiency and convenience, integrating aspects ranging from intelligent traffic signals and data-powered energy efficiency plans to electric vehicle charging facilities and interactive kiosks providing free broadband. Mobile mapping plays a vital role in unifying all city planning and management facets, fostering coordination and collaborative performance of various smart city ecosystem stakeholders. For example, data from the Ministry of Housing and Urban Affairs, a segment of the Government of India, reveals that as of November 2023, India houses 7,947 smart city projects. Out of these, 6,196 projects were completed while 1,751 are still underway. Thus, the surge in smart city initiatives is fueling the growth of the mobile mapping market.
The mobile mapping market covered in this report is segmented –
1) By Type: 3D Mapping, Licensing, Indoor Mapping, Location Based Services, Location Based Search
2) By Component: Hardware, Software, Services
3) By Application: Road Surveys, Topographic Mapping, 3D Modeling, Asset Management, Other Applications
4) By Industry Vertical: Oil And Gas, Real Estate, Telecommunication, Manufacturing, Transportation And Logistics, Energy and Utilities, Other Industry Verticals
Subsegments:
1) By 3D Mapping: Point Clouds, Digital Elevation Models (DEMs), Digital Surface Models (DSMs), 3D Models For Urban Planning, 3D Models For Construction
2) By Licensing: Software Licensing, Data Licensing, Application Licensing, API Licensing
3) By Indoor Mapping: Floor Plans, Navigation Solutions, Asset Tracking, Space Management Solutions
4) By Location-Based Services (LBS): Geolocation, Proximity marketing, Fleet Management, Mobile Payment Services
5) By Location-Based Search: Local Search Engines, Augmented Reality (AR) Search, Voice Search Services, Map Integration Services
The emergence of new product innovations is a leading trend observed in the mobile mapping market. To solidify their market standing, primary companies within this market are prioritizing the creation and introduction of innovative new products. For example, in April 2022, Japan-based optical equipment manufacturer Topcon Corporation, introduced the IP-S3 - the most recent version of their 3D mobile mapping system. This model is lighter and more compact than its predecessors and can perform scans at a speed five times faster. The IP-S3 seamlessly incorporates an Inertial Measurement Unit (IMU) and GNSS receiver with a vehicle's built-in electronics to enable high-density mobile digital imagery. The accompanying software suite offers a comprehensive processing workflow that converts raw sensor data gathered by the IP-S3 system into detailed, accurate point clouds and images.
Major companies operating in the mobile mapping market include:
• Apple Inc.
• Trimble Geospatial
• TomTom N. V.
• Mitsubishi Electric Corporation
• Topcon Positioning Systems Inc.
• NovAtel Inc.
• Garmin Ltd.
• Google LLC
• Microsoft Corporation
• Qualcomm Incorporated
• Telefonaktiebolaget LM Ericsson
• Leica Geosystems
• FARO Technologies Inc.
• Trimble Inc.
• Hexagon AB
• NGC Aerospace Ltd.
• IGI GmbH
• Huron Geomatics Inc.
• The Sanborn Map Company Inc.
• Javad GNSS Inc.
• Teledyne Optech
• Imajing SAS
• Cyclomedia Technology BV
• INRIX Inc.
• Baidu Inc.
• Black and Veatch
• Four Square Labs
• MapQuest
• Foursquare Labs
• Mapbox
• Esri
North America was the largest region in the mobile mapping market in 2024.The regions covered in the mobile mapping market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa