Australia Mobile Mapping Market Size & Outlook, 2023-2030
Australia mobile mapping market, 2017-2030 (US$M)
Related Markets
Australia mobile mapping market highlights
- The Australia mobile mapping market generated a revenue of USD 633.2 million in 2023 and is expected to reach USD 2,066.4 million by 2030.
- The Australia market is expected to grow at a CAGR of 18.4% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Mobile mapping market data book summary
| Market revenue in 2023 | USD 633.2 million |
| Market revenue in 2030 | USD 2,066.4 million |
| Growth rate | 18.4% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Trimble Inc, Alphabet Inc Class A, Hexagon AB ADR, Topcon Corp, Teledyne Technologies Inc |
Other key industry trends
- In terms of revenue, Australia accounted for 2.0% of the global mobile mapping market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China mobile mapping market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,630.0 million by 2030.
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Mobile Mapping Market Scope
Mobile Mapping Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia mobile mapping market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mobile mapping market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 55.16% in 2023. Horizon Databook has segmented the Australia mobile mapping market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
The Australian mobile mapping market is witnessing substantial growth and innovation, driven by the diversified terrain and the proliferation of smartphones in Australia. Mobile mapping enhances efficiency and data-driven decision-making for transportation networks, urban planning, and infrastructure projects.
The increasing prevalence of self-driving cars and precision farming is driving the need for high-precision mapping data, which is consistent with Australia's goals in those domains.
Although the growing concerns over data security and privacy protection are presenting challenges and driving the need for creative technology solutions and legislative compliance, the Australian mobile mapping market is expected to grow steadily owing to shifting consumer expectations and technological advancements, opening new opportunities for companies and entrepreneurs.
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Target buyers of Australia mobile mapping market databook
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Our clientele includes a mix of mobile mapping market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia mobile mapping market , including forecasts for subscribers. This country databook contains high-level insights into Australia mobile mapping market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Australia mobile mapping market size, by component, 2017-2030 (US$M)
Australia Mobile Mapping Market Outlook Share, 2023 & 2030 (US$M)
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