UK Mobile Mapping Market Size & Outlook, 2023-2030
UK mobile mapping market, 2017-2030 (US$M)
Related Markets
UK mobile mapping market highlights
- The UK mobile mapping market generated a revenue of USD 2,592.9 million in 2023 and is expected to reach USD 7,023.2 million by 2030.
- The UK 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 2,592.9 million |
| Market revenue in 2030 | USD 7,023.2 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, UK accounted for 8.2% 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 Europe, UK mobile mapping market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 4,770.3 million by 2030.
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Mobile Mapping Market Scope
Mobile Mapping Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 52.5% in 2023. Horizon Databook has segmented the UK mobile mapping market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
The growth of the U.K. mobile mapping market can be attributed to the widespread use of smartphones for GPS navigation and other location-based applications. As the U.K. continues to emphasize smart city and IoT rollouts, mobile mapping is gaining noticeable traction in urban planning and transportation.
Advances in sensing techniques, such as LiDAR, are enhancing data accuracy, which is particularly beneficial for precise geospatial services and autonomous cars. For instance, SUMO Services, a provider of measured building, 3D modeling surveys, and archaeological geophysical services, collects digital imagery and data from moving vehicles or vessels to provide mobile mapping services to clients in the U.K. and abroad.
However, the growing concerns over data security and privacy protection have resulted in stricter legal frameworks and compliance standards, such as GDPR. The market is also confronting challenges in adjusting to the evolving regulatory frameworks and ensuring high data accuracy, particularly in dynamic metropolitan environments.
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Our clientele includes a mix of mobile mapping market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the UK mobile mapping market , including forecasts for subscribers. This country databook contains high-level insights into UK mobile mapping market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UK mobile mapping market size, by component, 2017-2030 (US$M)
UK Mobile Mapping Market Outlook Share, 2023 & 2030 (US$M)
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