According to a research report "Mobile Mapping Market with COVID-19 Impact
Analysis, by Application (Road Surveys, Topographic Mapping, 3D Modelling,
Asset Management), Industry Vertical (Oil and Gas, Real Estate, Government) and
Region - Global Forecast to 2026" published by MarketsandMarkets, the global mobile mapping market
size is expected to grow at a Compound Annual Growth Rate (CAGR) of 19.5%
during the forecast period, to reach USD 66.7 billion in 2026 from USD 27.3
billion in 2021. Key factors that are expected to drive the growth of the
market are the growing investments in smart city projects, adoption of advanced
technology for surveying and mapping and increase in use of geospatial data.
Browse in-depth TOC on "Mobile
Mapping Market”
162-Tables
46-Figures
167- Pages
Ask for PDF
Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=198266968
Topographic Mapping segment to hold a
larger market size during the forecast period.
Based on applications, the Mobile Mapping
Market is segmented into road surveys, topographic mapping, 3D modeling, asset
management and other applications. Topographic mapping segment to hold a larger
market size during the forecast period. A topographic survey is typically based
upon systematic observation and published as a map series, consisting of two or
more map sheets that combine to form the whole map. A topographic map series
uses a common specification that includes the range of cartographic symbols
employed, as well as a standard geodetic framework that defines the map
projection, coordinate system, ellipsoid, and geodetic datum. Official
topographic maps also adopt a national grid referencing system. Recent advances
in mobile mapping technology enable new capabilities and complement or even
replace traditional survey methods of topographical surveying.
Manufacturing industry vertical to grow at a
higher CAGR during the forecast period.
The manufacturing vertical faces
various challenges, such as cargo, machinery, and equipment tampering; uneven
operational workflow; false trade billing; liability protection; property
damages; fires; and raw material thefts. Security of the staff, inventory,
machinery, plant, and tools have to be managed and controlled to avoid any type
of damages and provide an accident-free working environment. These challenges
can be addressed using advanced and intelligent mobile mapping solutions.
Mobile mapping technology further enables organizations to monitor the working
environment and employee activities by providing increased workplace safety,
preventing losses, monitoring daily operations, saving time and efforts by
remote monitoring, and reducing OPEX. Further, mobile mapping technology plays
an important role in the production of autonomous driving technology as it
provides the digital world to meet the navigation safety requirements of future
autonomous vehicle applications. Thus, car manufacturers utilize mobile mapping
technology to produce accurate navigation services to meet the demand from the
automotive industry.
Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=198266968
North America to account for the highest
market share during the forecast period
The Mobile Mapping Market is segmented into
five regions: North America, Europe, APAC, MEA, and Latin America. The Mobile
Mapping Market report provides insights into these regional markets in terms of
market size, growth rates, future trends, market drivers, and COVID-19 impact.
North America is expected to hold the highest market share in the overall
Mobile Mapping Market during the forecast period. Following North America,
Europe is expected to hold the second-highest market share during the forecast
period. The presence of many mobile mapping vendors in the US and high
awareness among enterprises about the benefits of mobile mapping solutions as
part of strong marketing strategies, Investments in various technologies,
including AI, IoT, big data, AR, and VR, and the growing rate of adoption of
cloud services expected to drive the market in North America. Europe and MEA
are also expected to witness high growth rates during the forecast period.
The Mobile Mapping Market comprises major
providers, such as Apple(US), AutoNavi(China), Black & Veatch(US), Garmin
International(US), Google(US), Land Surveys(Australia), MapQuest(US), Microsoft
(US), Mitsubishi Electric Corporation(Japan), Novatel Inc (Canada), Qualcomm
(US), Comtech Telecommunications(US), Trimble (US), Ericsson(Sweden),
TomTom(Netherlands), Foursquare Labs(US), Pasco Corporation (Japan),
Topcon(Japan), NavVis(Germany), GeoSLAM(England),and Leica Geosystems
(Switzerland).
The study includes an in-depth competitive
analysis of key players in the Mobile Mapping Market with their company
profiles, recent developments, COVID-19 developments, and key market
strategies.
About
MarketsandMarkets™
MarketsandMarkets™
provides quantified B2B research on 30,000 high growth niche
opportunities/threats which will impact 70% to 80% of worldwide companies'
revenues. Currently servicing 7500 customers worldwide including 80% of global
Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries
worldwide approach MarketsandMarkets™ for their painpoints around revenues
decisions.
Our 850
fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth
markets following the "Growth Engagement Model – GEM". The GEM aims
at proactive collaboration with the clients to identify new opportunities,
identify most important customers, write "Attack, avoid and defend"
strategies, identify sources of incremental revenues for both the company and
its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants
(Positioning top players across leaders, emerging companies, innovators,
strategic players) annually in high growth emerging segments.
MarketsandMarkets™ is determined to benefit more than 10,000 companies this
year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research ahead of
the curve.
MarketsandMarkets's
flagship competitive intelligence and market research platform, "Knowledge
Store" connects over 200,000 markets and entire value chains for deeper
understanding of the unmet insights along with market sizing and forecasts of
niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/mobile-mapping.asp
Report: https://www.marketsandmarkets.com/Market-Reports/mobile-mapping-market-198266968.html