Report Ocean recently released a research report on the Mobile Mapping Market, which covers the market’s historical growth, cost structure, revenue, trends, and potential prospects for the period 2023-2031. The report provides an extensive coverage of the market across various categories and includes a detailed analysis at the national level, along with an evaluation of the key drivers, restraints, trends, and opportunities in the market.
Global Mobile Mapping Market is anticipated to reach US$ 55.8 billion by 2026, according to a new research published by Report Ocean Market Research. In 2017, the travel and logistics segment dominated the global mobile mapping industry, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.
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The penetration of mobile devices, and growing applications of mobile mapping in sectors such as automotive, transportation, telecommunication, mining, BFSI, and defense among others have boosted the growth of the overall industry. The increasing demand for location-based services, improved network connectivity, and improvement of components and mapping software support the market growth. Use of geospatial information in applications such as infrastructure management, risk and emergency management, urban planning, resource management, and logistics has increased the demand of mobile mapping solutions over the years. Increasing investments by vendors in technological advancements coupled with increasing applications in city planning and development of smart cities would support the growth of this market during the forecast period. Growing demand from emerging economies, and advancements in mapping analytics are factors expected to provide numerous growth opportunities to the mobile mapping industry in the coming years.
The adoption of mobile mapping is rising at a significant rate worldwide. Mobile mapping is increasingly being used for various applications such as BFSI, government, defense & intelligence, agriculture & forestry, telecommunication, transportation, real estate, and others. Varied applications of this technology include topographic mapping, infrastructure planning, traffic management, GIS data collection, asset management, land survey, imaging services, emergency response planning, and others and others. Defense and military sectors utilize mobile mapping on a large basis primarily for geospatial mapping. The increasing concern for security has led the defense sector to become a prominent buyer for geospatial intelligence and mapping services all over the world.
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North America generated the highest revenue in 2017 and is expected to lead throughout the forecast period. The increasing applications in the transportation and logistics sectors have increased the demand of mobile mapping in the region. Growing use in defense, and government sectors further boosts the market growth. Local players are introducing low cost solutions with high performance to cater to the growing consumer demand. Numerous key players have adopted partnership and expansion strategies to increase their market share in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period.
The well-known companies profiled in the mobile mapping market report include Microsoft Corporation, Foursquare Labs, Inc., Tomtom NV, Mapquest, Inc., Trimble Navigation Ltd., Apple Inc., Google Inc., Leica Geosystems Inc., Garmin International, and EveryScape, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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Table of Content
Chapter 1: Global Mobile Mapping Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Mobile Mapping market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Mobile Mapping Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Mobile Mapping market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Mobile Mapping market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Mobile Mapping market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Mobile Mapping market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Mobile Mapping business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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