Brazil Mobile Mapping Market Size & Outlook, 2023-2030
Brazil mobile mapping market, 2017-2030 (US$M)
Related Markets
Brazil mobile mapping market highlights
- The Brazil mobile mapping market generated a revenue of USD 2,403.0 million in 2023 and is expected to reach USD 6,521.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 15.3% 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 2,403.0 million |
| Market revenue in 2030 | USD 6,521.5 million |
| Growth rate | 15.3% (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, Brazil accounted for 7.6% 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 Latin America, Brazil mobile mapping market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 6,521.5 million by 2030.
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Mobile Mapping Market Scope
Mobile Mapping Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 53.25% in 2023. Horizon Databook has segmented the Brazil mobile mapping market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
The Brazilian mobile mapping market is poised for significant growth in line with the proliferation of smartphones, the essential role of mobile mapping in urban and rural navigation, and the potential applications of mobile mapping in urban planning, real-time traffic analysis, and location-based services.
New infrastructure projects in Brazil are fueling the demand for precise mapping data. The integration of mobile mapping in precision agriculture is also optimizing crop management. However, despite the potential growth opportunities, the market is confronting challenges related to data security, privacy protection, and regulatory diversity, thereby necessitating effective management.
As technologies advance and the regulatory landscape evolves, the Brazilian mobile mapping market is poised to offer ample opportunities for both established companies and emerging enterprises to cater to the diverse needs of this dynamic and expanding market.
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Target buyers of Brazil 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 Brazil mobile mapping market , including forecasts for subscribers. This country databook contains high-level insights into Brazil mobile mapping market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil mobile mapping market size, by component, 2017-2030 (US$M)
Brazil Mobile Mapping Market Outlook Share, 2023 & 2030 (US$M)
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