Global Mobile Mapping Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Mobile Mapping Market by Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Mobile Mapping Market was valued at XX million in 2016 and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
North America is considered to the leading market. The factors responsible for the growth in this region is the huge number of businesses using mapping application and location-based services (LBS) to enhance their productivity along with the rising customer awareness about mobile mapping services.
Mobile mapping is the most accurate method of spatial data collection. Its sensor is mounted on mobile platform that is boat, golf cart, and etc. depending upon the specific application. However, the main advantages of mobile mapping system are high productivity, increased safety, and high accuracy.
The global mobile mapping market report consists of various tools and techniques including, porters, value chain, market share analysis, and others. The data used in this report is gathered from extensive primary and secondary sources. This report gives the overall idea of market trends, opportunities, restraints, challenges, and others. The report includes major players along with their development strategies such as expansion, acquisition, merger, and others.
The developments in GNSS, INS, and digital camera technology are responsible for driving the growth of the market. The market is also witnessing traction with the entry of huge number of commercial operated organizations into the market which is responsible for fast advancement of various mapping technologies. However, the use of internet on a large scale and increasing wireless communication networks aid this growth by enabling fast, accurate, and efficient transfer and processing of data. Moreover, just like traditional techniques which are not easy to use in inaccessible areas, vehicular mobile mapping is much secure as well as user friendly. Additionally, the rising stress on accurate and time saving methods of data generation coupled with the importance of inventory and asset management has also resulted into the increase in adoption of mobile mapping technology.
On the basis of segmentation, the market is bifurcated into different segments such as by segment, by user type, by industry vertical, and by region. Based on the segment, the market is divided into location-based services (LBS), location-based search, indoor mapping, 3D mapping, and licensing subscription & support. According to the end user segment, the market is classified into individual and enterprise. The industry vertical segment is categorized into transportation & logistics, government & public sector, BFSI, real estate, manufacturing, telecommunication, and others.
Key Question Answered: •What will be the market size in 2025 and at what rate it will grow? •Who are the major key players in global mobile mapping market and what are their strategies? •Which vertical industry is expected to show major growth? •What segment and region will lead the market and why?
The major companies profiled in the report include: Google Inc., Apple Inc., Microsoft Corporation, Tomtom NV, Mitsubishi Electric Corporation, Garmin International, Telefonaktiebolaget LM Ericsson, OSI Geospatial Inc., Qualcomm Inc., and Leica Geosystems Inc.
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