3D Mobile Mapping Market

3D Mobile Mapping Market Outlook – 2030

The global 3D mobile mapping market is experiencing a significant growth and is expected to grow considerably in next few years. The process of collecting geographical data from a mobile vehicle equipped with a variety of GNSS, photographic, radar, laser, or other remote sensing devices is known as mobile mapping. Such systems are made up of a mobile platform with an integrated array of time-synchronized navigation and imaging sensors. GIS data, georeferenced photos and video, and digital maps are among the main outputs of such systems. 3D Mobile Mapping Systems (3D MMS) can collect data in a timely, efficient, cost-effective, and comprehensive manner. The 3D mobile mapping system can solve problems that are hard to solve with alternate geographic data collection methods.

The global 3D mobile mapping market is segmented on the basis of type, application, industry vertical, and region. Based on type, the market is divided into location-based services (LBS), location-based search, indoor mapping, and licensing subscription and support. In terms of application, the market is categorized into imaging services, aerial mobile mapping, emergency response, internet applications, facility management, and others. On the basis of industry vertical, the market is segregated into oil & gas, mining, military, transportation and logistics, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global 3D mobile mapping industry include Microsoft, Apple Inc., Baidu Inc., Black and Veatch, Cyclomedia Technology B.V., Four Square Labs Inc., Garmin Ltd., Google, Hexagon AB, and Trimble Inc. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global market.

Top Impacting Factors

Some of the major drivers of the 3D mobile mapping market include increased awareness of inventory and asset management, increased adoption of mobile mapping devices, infrastructural development of telecommunications networks, and adoption of mobile mapping technology for various applications such as automatic detection of traffic lights, road signs, walking routes, and asset management & tracking. Global 3D mobile mapping demand is expected to expand rapidly, with consumption in emerging nations leading the way.

In future, more development opportunities will emerge, implying a high pace of change. Companies that swiftly adjust to this changing environment through sustainable transformation, innovation, and efficient pricing will emerge as top performers, thereby boosting market growth during the predicted period. Mobile mapping is gaining popularity as the best way to collect data and create realistic 3D models that can be used by a variety of vertical businesses in various applications. 

Rapid Growth in Indoor Mapping

Indoor mapping segment is reported to grow at a high rate during the forecast period. For enterprise users in the 3D mobile mapping market, the indoor mapping segment has been the fastest growing segment. With companies needing hyperlocal ads and consumer insight to compete with online shopping areas, this market is further expected to expand. The Global Positioning System (GPS) does not function properly inside buildings due to weak satellite signals. Service providers use magnetic fields, radio waves, beacons, and other mobile sensors to identify objects.

Rapid Development in Logistics and Transportation

The future of the global mobile mapping industry is expected to grow alongside the logistics and transportation segment. In logistics and transportation, mobile mapping provides another level of important advantages such as tracking items in live time and reducing the chances of the objects being lost. The global 3D mobile mapping market is expected to grow with the steady push of the automotive industry toward technically refined vehicles. The global market is further expected to grow and witness increased product demand due to large amalgamation of handset connectivity in automotive design.

Key Benefits of the Report

• This study presents the analytical depiction of the global 3D mobile mapping market forecast along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the 3D mobile mapping market share.
• The current market is quantitatively analyzed to highlight the 3D mobile mapping market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed 3D mobile mapping market analysis on the basis of competitive intensity and how the competition will take shape in coming years.

COVID-19 Impact Analysis

• The COVID-19 pandemic is impacting the society and overall economy across the global. The impact of this outbreak is growing day-by-day as well as affecting the supply chain. It is creating uncertainty in the stock market, falling business confidence, massive slowing of supply chain, and increasing panic among customers. European countries under lockdowns have suffered a major loss of business and revenue due to shutdown of manufacturing units in the region. Operations of production and manufacturing industries have been heavily impacted by the outbreak of COVID-19, which led to slowdown in growth of the market in 2020.
• Significant growth in the market can be witnessed during the forecast period once the lockdown will be over and the production rates recover.

Questions Answered in the 3D Mobile Mapping Market Research Report

• Which are the leading market players active in the 3D mobile mapping market?
• What would be the detailed impact of COVID-19 on the 3D mobile mapping market size?
• What are the current 3D mobile mapping market trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What are the projections for the future that would help in taking further strategic steps?

 3D Mobile Mapping Market Report Highlights