Market revenue in 2023 | USD 1,711.1 million |
Market revenue in 2030 | USD 5,056.3 million |
Growth rate | 16.7% (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 |
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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 53.21% in 2023. Horizon Databook has segmented the China mobile mapping market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
The Chinese mobile mapping market is witnessing notable growth driven by the proliferation of smartphones and the strong emphasis China is putting on digitalization and infrastructure development. Companies, such as Baidu Maps, have expanded their offerings to provide comprehensive solutions integrated with Augmented Reality (AR) and AI to enhance user experience.
Significant developments have materialized in mobile mapping sensors, with the introduction of high-resolution LiDAR scanners and advanced cameras, enabling more precise and detailed data collection. New mobile mapping platforms based on autonomous vehicles and drones have also emerged, paving the way for innovative applications and new opportunities in the market.
These advancements underscore the potential for continued growth and innovation in the Chinese mobile mapping market. For instance, in December 2021, The Dynamic Mapping Group at LIESMARS, Wuhan University in China, developed a tiny, wearable mobile mapping device to investigate the next generation of mobile laser scanning.
Horizon Databook provides a detailed overview of country-level data and insights on the China mobile mapping market , including forecasts for subscribers. This country databook contains high-level insights into China mobile mapping market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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