Canada Mobile Mapping Market Size & Outlook, 2023-2030
Canada mobile mapping market, 2017-2030 (US$M)
Related Markets
Canada mobile mapping market highlights
- The Canada mobile mapping market generated a revenue of USD 2,273.4 million in 2023 and is expected to reach USD 6,587.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 16.4% 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 2,273.4 million |
| Market revenue in 2030 | USD 6,587.8 million |
| Growth rate | 16.4% (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, Canada accounted for 7.2% 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 North America, U.S. mobile mapping market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 6,587.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Mobile Mapping Market Scope
Mobile Mapping Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 54.46% in 2023. Horizon Databook has segmented the Canada mobile mapping market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
The Canadian mobile mapping market is anticipated to grow at a significant rate over the forecast period. Applications needing navigation, location-based services, and geospatial analytics heavily rely on mobile mapping.
Besides, smart city initiatives, IoT rollouts, and the growing adoption of Advanced Driver Assistance Systems (ADAS) are also driving the need for real-time data transmission for navigation, traffic control, and logistics and mobile mapping solutions for connected vehicles.
Smart city initiatives are particularly driving the need for sophisticated mobile mapping solutions, notably for infrastructure management, public safety, and transportation. For instance, in July 2021, Fortis, an energy distribution firm, and Rekon Solutions Inc., a professional Lidar mapping services provider, collaborated to carry out a survey in Oliver in the Canadian province of British Columbia to identify and replace aging power lines.
Reasons to subscribe to Canada mobile mapping market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canada mobile mapping market databook
-
Our clientele includes a mix of mobile mapping market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 Canada mobile mapping market , including forecasts for subscribers. This country databook contains high-level insights into Canada mobile mapping market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada mobile mapping market size, by component, 2017-2030 (US$M)
Canada Mobile Mapping Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
