Press release
Mobile Mapping Market to cross $40bn by 2024 | By Key Land Surveys, Leica Geosystems, Microsoft, Vendors Mitsubishi Electric Corporation, Autonavi, Baidu Inc, Black & Veatch, Topcon Positioning Systems, Trimble, Apple, Google
Mobile Mapping Market
Hardware accounted for over 60% of the total revenue in the mobile mapping market in 2017. It includes imaging devices, laser ranging & scanning devices, and positioning devices. An imaging device is the most commonly used hardware component in the mobile mapping systems and accounts for over 40% share in the hardware market. This can be attributed to the technological advancements in the image recognition technology used in mobile mapping across construction, disaster management, and transportation sectors.
Request for a sample of this research report @
www.gminsights.com/request-sample/detail/2652
The European region accounted for over 25% global mobile mapping market in 2017. The increasing investments by the government agencies have accelerated the adoption of mobile mapping technology in the region. For instance, in 2017, the UK government established the Geospatial Data Commission to frame a strategy for using the public sector location data to support the country’s growth. The Asia Pacific region will grow at a rapid pace over the forecast timespan. The rapid urbanization of the region and the growing number of infrastructural projects have fostered the growth of the mobile mapping market in the region. Moreover, the widespread adoption of smartphones has also driven the market size.
Mobile Mapping Market size is set to be over USD 40 billion by 2024; according to a new research report by Global Market Insights, Inc. The European region accounted for over 25% global mobile mapping market in 2017. The increasing investments by the government agencies have accelerated the adoption of mobile mapping technology in the region. For instance, in 2017, the UK government established the Geospatial Data Commission to frame a strategy for using the public sector location data to support the country’s growth. The Asia Pacific region will grow at a rapid pace over the forecast timespan. The rapid urbanization of the region and the growing number of infrastructural projects have fostered the growth of the mobile mapping market in the region. Moreover, the widespread adoption of smartphones has also driven the market size.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Apple Inc.
• Aisan Technology
• Autonavi
• Baidu
• Black & Veatch
• Cycolmedia Technology B.V.
• EveryScape, Inc.
• Foursquare Labs, Inc.
• Google Inc.
• Land Surveys
• Leica Geosystems Inc.
• Telecommunications Systems, Inc. (TCS)
• Teledyne Optech Incorporated
• TomTom International BV
• Topcon Positioning Systems, Inc.
• Trimble, Inc.
The high initial investment is a major factor limiting the growth of the mobile mapping market. Currently, the market comprises a few major players with a long-standing expertise in location-based technologies. The high initial investments in developing mobile mapping systems and assembling major components have restricted the entry of new players in the market.
Make an inquiry for purchasing this report @
www.gminsights.com/inquiry-before-buying/2652
The transport & logistics sector is dominating the mobile mapping market with a share of over 40% in the industry. The mobile mapping market magnification is credited to the high integration of the GPS and GNSS devices into the automotive for gathering real-time geospatial data. Moreover, the rapid urbanization and increasing population have further increased the need for effective management services across the transport & logistic infrastructure. Hence, the transportation industry is embracing the GIS technology to effectively manage, plan, evaluate, and maintain its transportation systems.
The mobile mapping market is propelled by the increasing adoption of mobile devices such as smartphones and tablets across the globe. Smartphone users are extensively using mapping applications on their devices for navigation and driving assistance. Furthermore, they are also leveraging on the GIS and GPS applications to access geo-referenced data for searching nearby restaurants, cinema halls, and other landmarks. This is encouraging the technology companies to commence mapping across the globe to acquire accurate GIS data and provide an enhanced customer experience.
The mobile mapping technology is used for conducting road & rail surveys, collecting GIS data, and developing vehicle control & guidance systems and asset management systems. The road & rail survey market is expected to register a growth rate of over 17% during the forecast period. It is used to analyze the road & rail infrastructure and plan the engineering operations with minimum disruptions. The surveying authorities across the globe are using mobile mapping technology to create maps for the transportation department for road assessment purposes.
Browse key industry insights spread across 250 pages with 341 market data tables & 38 figures & charts from the report, Mobile Mapping Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/mobile-mapping-market
The agriculture sector is estimated to grow at a CAGR of 22% during the forecast timeline. The integration of the GPS and GNSS devices into the farming process to acquire geospatial data is the primary factor driving the mobile mapping market share. Furthermore, the ability of the mobile mapping technology to monitor the crop yield and land variability also augments the demand for the technology among the farmers.
The North American region is projected to maintain its leadership position in the mobile mapping market with over 40% stake in 2017. The growth of the market is attributed to the large-scale adoption of GPS, GNSS, and LiDAR among industry verticals to gather geospatial data. Moreover, the presence of tech giants, such as Google, Apple, and Microsoft, in the region also fosters the market growth. In addition, the proliferation of low-cost sensors and GPS-enabled mobile devices is estimated to drive the mobile mapping market.
Asia Pacific is anticipated to attain the growth rate of over 20% during the projected timeline. The mobile mapping market is driven by the growing demand for the geospatial data among the developing countries including India and China. Moreover, the increasing investments in the mapping technologies by the Chinese players Baidu and Autonavi also foster the market size.
The prominent players operating in the mobile mapping market Apple Inc., Aisan Technology, Autonavi, Baidu, Black & Veatch, Cycolmedia Technology B.V., EveryScape, Inc., Foursquare Labs, Inc., Google Inc., Land Surveys, Leica Geosystems Inc., Mapquest, Microsoft Corporation, Mitsubishi Electric Corporation, NAVTEQ Corp., NCTech, NovAtel Inc., PASCO, PhaseOne, Pointgrey/ FLIR Integrated Imaging Solutions, Qualcomm Inc., Sanborn, Telecommunications Systems, Inc. (TCS), Teledyne Optech Incorporated, TomTom International BV, Topcon Positioning Systems, Inc., Trimble, Inc.
Browse Related Reports: https://www.gminsights.com/industry-analysis/simultaneous-localization-and-mapping-slam-technology-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Mobile Mapping Market to cross $40bn by 2024 | By Key Land Surveys, Leica Geosystems, Microsoft, Vendors Mitsubishi Electric Corporation, Autonavi, Baidu Inc, Black & Veatch, Topcon Positioning Systems, Trimble, Apple, Google here
News-ID: 1459439 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for Mobile
Asia - Mobile Infrastructure and Mobile Broadband
Bharat Book Bureau Provides the Trending Market Research Report on "Asia - Mobile Infrastructure and Mobile Broadband" under Telecom category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Executive Summary
Leading Asian nations prepare for 5G rollouts
Asia’s mobile subscriber market is now witnessing moderate growth in a fast maturing market. Whilst there are still developing markets continuing to grow their mobile subscriber base at…
Mobile Virtual Network Operator (MVNO) Market 2019 Growth Trends by: LEBARA GROU …
The global mobile virtual network operator (MVNO) market was valued at USD 54.1 billion in 2017. The market is expected to register a CAGR of 8.8% during the forecast period, 2018-2023. Mobile virtual network operators (MVNO) are those who resell data and voice services with more flexible plans and lower prices. MVNO’s do not have their own infrastructure and own spectrum. However, they purchase minutes of use (MOU) from mobile…
Mobile Virtual Network Operator (MVNO) Market Analysis by Top Key Players Tracfo …
The mobile virtual network operator (MVNO) is also referred to as the mobile other licensed operator (MOLO), or the virtual network operator (VNO), is the remote service of communication which does not claim the remote network infrastructure on which it gives the customer the services.
Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2835705?utm_source=RK&utm_medium=OPR
The MVNO goes into the business agreement with the mobile network operator for acquiring more access to…
Mobile Virtual Network Operator (MVNO) Market Comprehensive Study 2018: Boost Mo …
Global Mobile Virtual Network Operator (MVNO) market report provides a thorough synopsis on the study for market and how it is changing the industry. The data and the information regarding the industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. Mobile Virtual Network Operator (MVNO) Market report includes historic data, present market trends,…
Asia - Mobile Infrastructure And Mobile Broadband
Asian mobile broadband market continues to grow strongly
With 3.9 billion mobile subscribers and over 50% of the mobile subscribers in the world, spread across a diverse range of markets, the region is already rapidly advancing in the adoption of mobile broadband services. Mobile broadband as a proportion of the total Asian mobile broadband subscriber base, has increased from 2% in 2008 to 18% in 2013, 27% in 2014, 33% in…
Mobile Money Market Trends, Public Demand and Worldwide Strategy - Mobile Commer …
The mobile money market report provides an analysis of the global mobile money market for the period 2014 – 2024, wherein 2015 is the base year and the period from 2016 to 2024 is the forecast period. Data for 2014 has been included as historical information. The report covers all the prevalent trends playing a major role in the growth of the mobile money market over the forecast period. It…
