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Mobile Mapping Market - Recent Analysis of Industry Trends and Technological Improvements For 2022

06-19-2018 08:15 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Mobile mapping technology is improving with leaps and bounds, as the demand for better quality data is increasing. Most mobile mapping equipment are fitted with photographic, laser, LiDAR, and radar systems, along with several other types of remote sensing devices used for receiving the required information. Many of these sensors and devices are in the form of an integrated array, which generate digital maps, GIS data, georeferenced images, GIS-based videos, and others.

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With respect to key regions, North America is a leading region in the market for mobile mapping which is anticipated to hold onto its dominant position in future due to several factors.

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An extensive use of latest smartphones along with a requirement for quality mapping technology has made North America clock maximum sales growth with regards to the global mobile mapping market. This region has registered a valuation of US$3.6 bn in 2017, which is further anticipated to grow up to US$7.9 bn by the end of the forecast period of 2022.

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The global mobile mapping market is showcasing an impressive growth in the wake of rapid development of satellite mapping technology. This is further getting integrated smoothly into mobile phone design, which has also proved beneficial to the global mobile mapping market

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