The Europe 3D Mobile Mapping Market is expected to grow at a CAGR of 12.1% during the forecast period 2022-2027.
Market Overview:
3D Mobile Mapping solutions combine new software with cutting-edge scanning and visualization technologies in a mobile format to provide a quick, accurate, and comprehensive understanding of surroundings.
Market Drivers:
The rapid increase in the ownership of smartphones that include mapping applications and the increasing awareness regarding 3D mobile mapping applications in Europe is the main factor driving the growth of the Europe 3D mobile mapping market during the forecast period. 3D mobile mapping technology is highly adopted in urban areas. They are also widely used in surveying significant road and rail projects. The high adoption of 3D mobile mapping in the transportation industry is accelerating the growth of the Europe mobile mapping market. Additionally, the 3D mobile mapping technology is used for enhancing safety in power infrastructure and plants in Europe. Moreover, 3D mobile mapping is set to revolutionize the way the environments are surveyed, visualized, analyzed, and recorded. Through 3D mobile mapping, it is feasible to visualize environments in great detail, including subsurface and underwater structures, which were previously very challenging to measure and analyze. They are widely adopted in comprehending subsurface and underwater structures. The high adoption of 3D mobile mapping in the visualization of subsurface and underwater structures in Europe is further boosting the growth of the Europe 3D mobile mapping market. Users and asset owners are benefiting greatly from 3D Mobile Mapping since it is more efficient, accurate, and thorough than ever before. Using 3D mobile mapping systems, inaccessible locations can be mapped efficiently and quickly. Additionally, the environment can be surveyed in days rather than weeks, increasing production and efficiency. Hence the various advantages of 3D mapping are accelerating the growth of the Europe mobile mapping market during the forecast period.
Market Restraints:
The restrictions in the GPS and satellite network connection in certain areas of Europe may hamper the growth of the Europe 3D mobile mapping market to a certain extent.
REPORT METRIC |
DETAILS |
Market Size Available |
2021 – 2027 |
Base Year |
2021 |
Forecast Period |
2022 - 2027 |
CAGR |
12.1% |
Segments Covered |
By Type, Component, User Type, End User, and Country. |
Various Analyses Covered |
Global, Regional, and country Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Google, Apple, Microsoft, AutoNavi Software, Baidu, Cyclomedia Technology, EveryScape, FLIR Integrated Imaging Solutions, Black & Veatch, Trimble, Foursquare Labs, Garmin, Hexagon, and Others. |
Market Segmentation:
Based on type, the Europe 3D mobile mapping market is segmented into location-based services, location-based search, 3D mapping, indoor mapping, and licensing subscription and support. The indoor mapping segment is expected to grow at a significant rate during the forecast period.
Based on components, the Europe 3D mobile mapping market is segmented into digital components, sensors, vehicle wheel encoders, inertial measurement units, GPS, and software. The software segment is expected to grow at a substantial growth rate during the forecast period. The increasing technological advancements and the enhancing software technologies in 3D mapping are boosting the growth of the software segment during the forecast period.
Based on user type, the Europe 3D mobile mapping market is segmented into enterprise and individual. The individual segment is expected to dominate the 3D mobile mapping market during the forecast period. Most of the passengers travelling are highly dependent on mobile map apps for navigation of the routes. 3D mobile maps provide the imagery with 3D visualization in the mobile. Hence, they are in high demand by individual passengers. This enables the individual segment’s growth.
Based on end-user, Europe 3D mobile mapping market is segmented into BFSI, transportation and logistics, Real Estate, Manufacturing, Retail, Government and Public Sector, Telecommunication, Travel and Hospitality, Media and Entertainment, and Others. The transportation and logistics segment is expected to grow at a significant CAGR during the forecast period. 3D mobile mapping provides detailed maps and helps to improve the roadway network by including the safety of transportation. 3D maps are majorly used by logistics and transport firms to track the products to be delivered and detect the location where the logistics have to be delivered. The high demand for 3D mobile maps in the transportation and logistics sector is accelerating the segment’s growth during the forecast period.
Germany is expected to grow at a significant rate in Europe's 3D mobile mapping market during the forecast period. Germany is considered the hub of the automobile industry in Europe. the high percentage of moving cars on the nation's roads in Germany is generating a demand for mobile mapping services to detect the location. The increasing demand for 3D mobile mapping in Germany is accelerating the segment’s growth.
The Europe 3D mobile mapping market was positively impacted during the pandemic period. Mobile mapping systems were used during the pandemic to locate and tackle the spread of the virus. Various initiatives are taken by the government to locate the infected people resulting in increasing demand for 3D mobile mapping during COVID-19.
Market Key Players:
Market Key Developments:
Frequently Asked Questions
The Europe 3D Mobile Mapping Market is expected to grow at a CAGR of 12.1% during the forecast period 2022-2027.
The rapid increase in the ownership of smartphones that include mapping applications and the increasing awareness regarding 3D mobile mapping applications in Europe is the main factor driving the growth of the Europe 3D mobile mapping market during the forecast period.
Germany is expected to grow at a significant rate in Europe's 3D mobile mapping market during the forecast period.
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