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Mobile Mapping Systems Market 2019: Get Better Interpretation With Industry Tycoons Like: Ericsson, Microsoft Corporation, Apple, Google, Foursquare Labs, Tomtom NV, Trimble Navigation Ltd, Telecommunications System, Qualcomm Atheros, Mapquest.

07-06-2019 09:41 AM CET | Media & Telecommunications

Press release from: Worldwide Market Reports

Mobile Mapping Systems

Mobile Mapping Systems

Based on solution, location based services segment is predicted to dominate through 2025, rising at a CAGR of XX% therein. In absolute value, the segment is predicted to be worth US$XX bn by the end of 2025. With mobile mapping applications increasingly becoming common in smart electronics, the location based services segment is poised to remain dominant contributor to the overall market. The location based services segment held 37.2% of the global mobile mapping market in 2017. By geography, North America is predicted to continue to remain dominant region for mobile mapping. Extensive use of advanced smartphones and surge in development of mobile mapping technology based apps are key to the growth of North America mobile mapping market.

Leading companies to name in a largely consolidated global mobile mapping market are Ericsson, Microsoft Corporation, Apple, Google, Foursquare Labs, Tomtom NV, Trimble Navigation Ltd, Telecommunications System, Qualcomm Atheros, Mapquest.

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Importance of Geospatial Coordinates for Safety Consideration of Long-distance Vehicles Boosts Uptake of Mobile Mapping Solutions:
The mobile mapping market is rising at an impressive pace due to several factors, says the author of the report. Over the past twenty years, the demand for geo-spatial data has surged exponentially which is a key factor behind the growth of mobile mapping market. While geo-spatial data can be obtained via several sources, data which is more accurate, has higher density, is rapidly produced, and acquired in a less expensive manner is most sought after. Mobile mapping systems integrate various remote sensing technologies with navigation that allows mapping from moving objects (e.g., airplanes, cars, boats, etc.). This serves to obtain the 3D coordinates of the points of interest.

Equipped with GPS Capabilities, Ubiquity of Smartphones Serves to Boost Growth:
Rapid advancement of satellite mapping technology and its easy integration into smartphone design is boosting the mobile mapping market. As smartphones become ubiquitous and sophisticated, mobile phone manufacturers are increasingly equipping them with global positioning system (GPS) capabilities. Today, most smartphones are considered the most widespread platform equipped with low-cost GPS receiver and motion sensors, which provides the location of the user within few meters of accuracy. This makes for one of the most important feature of smartphones. Furthermore, growing interest of large mobile application developers to develop user-friendly mobile mapping applications is likely to boost the growth of mobile mapping market over the coming years.

Major applications as follows:
Automobile
Transportation & Logistics
Government & Public Sector
Video Entertainment
Real Estate
Travel & Hospitality
Others

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Major Type as follows:
Direct Mobile Mapping System
Backpack Mobile Mapping System

Regional market size, production data and export & import:
Asia-Pacific
North America
Europe
South America
Middle East & Africa

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About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends.

Mr. Shah
Worldwide Market Reports
1001 4th Ave,
#3200
Seattle, WA 98154,
U.S
Email:sales@worldwidemarketreports.com

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