The Global Mobile Mapping Market was valued at USD 13.23 billion in 2016 and is projected to reach USD 74.20 billion by 2025, growing at a CAGR of 21.12% from 2017 to 2025.
Mobile mapping is the process of collecting geospatial data from a mobile vehicle, typically fitted with a range of photographic, radar, laser, LiDAR or any number of remote sensing systems. Output from mobile mapping systems includes GIS data, digital maps, and geo-referenced images and video. Applications of mobile mapping include aerial mobile mapping, emergency response planning, road mapping and high facility management.
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1. Market Drivers
1.1 Increasing Mapping Analytics
1.2 Integration of Mobile Mapping with Smart Devices
1.3 Increasing Number of Mobile Devices
1.4 Good Network Connectivity
2. Market Restraints
2.1 Lack of Knowledge about the Technology
2.2 Concerns for Data Quality and Location Accuracy
2.3 Privacy and Data Security Concerns
The Global Mobile Mapping Market is segmented on the basis of user type, segment, vertical, and region.
1. By User Type:
2. By Segment:
2.1 Licensing Subscription and Support
2.2 Location-Based Services
2.3 Indoor Mapping
2.4 Location-based Search
2.5 3D Mapping
3. By Vertical:
3.2 Real Estate
3.3 Transportation and Logistics
3.4 Telecom and IT
3.6 Media and Entertainment
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
1. Apple Inc
2. Trimble Navigation Ltd.
3. Google Inc
5. Microsoft Corporation
6. Tomtom NV
7. Telecommunication Systems, Inc.
8. Mapquest, Inc.
9. Foursquare Labs, Inc.
10. Qualcomm Atheros, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Global Mobile Mapping Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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