According to Cognitive Market Research, the global Service Mapping market size is USD 5241.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 25.30% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 2096.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 23.5% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1572.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1205.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 23.7% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 262.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 24.7% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 104.82 million in 2024 and will grow at a compound annual growth rate (CAGR) of 25.0% from 2024 to 2031.
The Cloud-Based held the highest Service Mapping market revenue share in 2024.