Mobile Mapping Systems Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Mobile Mapping Systems Market covers analysis by Services, End-User Industry, and User Types, and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPTE100000168
  • Category : Technology, Media and Telecommunications
  • Status : Upcoming
  • No. of Pages : 150
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Mobile Mapping Systems is a multi-sensor system used to collect geospatial data that consists of three major components: a control unit, remote mapping sensors and navigation or positioning sensors. The control unit operates as the brain of the system and it is used to integrate the acquired data of geometric or position information. The geospatial data is collected from a mobile vehicle, airplanes, mobile marine vessels on which all the sensors are integrated or mounted. It being mounted on a platform, is used to calculate the trajectory effectively and the output is generated. The output of the mobile mapping systems includes GIS data, geo spatial images & video and digital maps. The mapping sensors include either photographic, radar, laser or LiDAR systems.

Mobile Mapping is positively developing as the most ideal method to collect data and generate accurate 3-D models that can be used in various applications by various industry verticals. The increasing use of mobile devices that provide with mapping and navigation technologies is the primary driver for the growth in the demand for this market. The need for accurate but time & cost saving methods to generate data, the need to produce substantial data for 3D modelling and LiDAR technology and the increasing awareness regarding inventory and asset management has led to the growth in demand for this market. Also, with the marked infrastructural development of telecommunication networks coupled with availability of relatively cheaper portable sensors, mobile mapping has become more vibrant.

Despite the growing trends of mobile mapping, there are certain limiting factors to this market. Apprehensions about the security and privacy of the data generated is the primary restraining factor that has refrained many organizations from adopting this technology. The other factor that has mitigated the growth of this market is the lack of awareness about the technology and its applications. Proper awareness about the features, advantages and benefits of mobile mapping technology will foster the growth in developing regions.

The mobile mapping systems market has been segmented by end user industry into healthcare, automobile, transportation & logistics, Government & public sector, video entertainment, real estate, travel & hospitality and construction. Also, mobile mapping systems market has been segmented by user types into individual and enterprises. Based on services, this market is also segmented into Location-based services, Location-based search, 3D Mapping, Indoor Mapping and Licensing Subscription & Support.

In end users segment, Government & public sector market segment and video & entertainment industry segments are the leading market adopters of this technology. While it is significantly being used by government for various applications that include, military applications, traffic monitoring etc., it is also being dominantly used in the gaming and entertainment industry. Due to the awareness about the importance of inventory management, there has been a marked growth in the adoption of mobile mapping technology by transportation & logistics segment. Additionally, with further advancements in the technology, it is expected that healthcare and real estate segments would also prosper ahead in using this technology.

Some of the key players operating in global mobile mapping systems market include Google, Inc., Microsoft Corporation, Apple, Inc., Foursquare Labs, Inc., Ericsson, Tomtom NV, Trimble Navigation Ltd., Telecommunications System, Inc., Qualcomm Atheros, Inc. and Mapquest, Inc. among the others. REGIONAL FRAMEWORK
World Geography

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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

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to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

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to country scope.

Companies Mentioned
Google, Inc
Microsoft Corporation
Apple, Inc.
Foursquare Labs, Inc
Ericsson
Tomtom NV
Trimble Navigation Ltd.
Telecommunications System, Inc.
Qualcomm Atheros, Inc.
Mapquest, Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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