Market revenue in 2023 | USD 6,335.3 million |
Market revenue in 2030 | USD 17,188.2 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 |
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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 53.61% in 2023. Horizon Databook has segmented the U.S. mobile mapping market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
The U.S. mobile mapping market can be considered vital for the broader geospatial technology market. In the U.S., mobile mapping is mostly driven by the proliferation of smartphones, which have gradually evolved into multifunctional devices for data collection and location-based services because of their pervasiveness.
Advances in Internet of Things (IoT) and connected car technologies are also driving the growth of the U.S. mobile mapping market. Mobile mapping can be coupled with IoT systems to enable real-time data exchange and provide real-time updates for logistics, traffic management, and navigation.
For instance, in April 2023, the U.S. Department of Transportation granted a USD 21 million grant to the city of Louisville in the U.S. state of Kentucky to prioritize initiatives that improve roadway safety by identifying high-risk corridors and community vulnerabilities.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. mobile mapping market , including forecasts for subscribers. This country databook contains high-level insights into U.S. mobile mapping market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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