Market revenue in 2023 | USD 8,608.7 million |
Market revenue in 2030 | USD 23,776.0 million |
Growth rate | 15.6% (CAGR from 2023 to 2030) |
Largest segment | Hardware |
Fastest growing segment | Software |
Historical data covered | 2017 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 53.84% in 2023. Horizon Databook has segmented the North America mobile mapping market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
The North American mobile mapping market is anticipated to keep growing in line with technological developments, growing preference for location-based services, and the continued rollout of IoT and smart city projects. The development of driverless cars and the growing ubiquity of mapping technology in daily life are also anticipated to contribute to the growth of the market.
Smart city projects are being rolled out aggressively across North America, thereby necessitating the use of sophisticated mobile mapping technologies for infrastructure management, public safety, and transportation. Within large venues, such as convention centers, airports, and shopping malls, the need for indoor mapping is also gaining traction.
As such, innovative mobile mapping techniques are being adopted for asset tracking and indoor navigation. However, the North American mobile mapping market would continue confronting issues related to data security and privacy protection as the regulatory landscape continues to evolve.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America mobile mapping market , including forecasts for subscribers. This continent databook contains high-level insights into North America mobile mapping market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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