India Mobile Mapping Market Size & Outlook, 2023-2030
India mobile mapping market, 2017-2030 (US$M)
Related Markets
India mobile mapping market highlights
- The India mobile mapping market generated a revenue of USD 734.9 million in 2023 and is expected to reach USD 2,630.0 million by 2030.
- The India market is expected to grow at a CAGR of 20% 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 734.9 million |
| Market revenue in 2030 | USD 2,630.0 million |
| Growth rate | 20% (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, India accounted for 2.3% 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 |
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India 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 54.39% in 2023. Horizon Databook has segmented the India mobile mapping market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
The Indian mobile mapping market has witnessed substantial growth and transformation, driven by the proliferation of smartphones, digitalization initiatives, and India’s challenging topography. Mobile mapping applications have become integral to support navigation, real-time traffic analysis, and locationbased services, addressing the complexity of the nation’s evolving road infrastructure.
Notably, the adoption of mobile mapping in ride-sharing services and delivery logistics underscores the rising significance of location-based services in the nation’s evolving digital ecosystem, thereby highlighting India as an emerging, dynamic player in the global mobile mapping market.
In July 2023, Elena Geo Systems, a leading Navigation with Indian Constellation (NavIC) solutions provider, launched India's first NavIC-based device offering precise navigation guidance for infrastructure projects, including railways, land surveys, telecommunications, and hydrocarbon exploration.
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Target buyers of India 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 India mobile mapping market , including forecasts for subscribers. This country databook contains high-level insights into India mobile mapping market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India mobile mapping market size, by component, 2017-2030 (US$M)
India Mobile Mapping Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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