In a recent published report, Global Mobile Mapping System Market report for till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Mobile Mapping System Market products.
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.
The Mobile Mapping System Software is the high precision technological instruments that collect geospatial data using mobile motor vehicles. These vehicles are equipped with high-end remote sensing equipment like GPS, radar, laser and other LiDAR (Light detection and Ranging) instruments. The technology is being extensively used in public surveys, road mapping and real-time geospatial data visualization. It facilitates the creation ofaccurate 3D model or digital maps of the roads, buildings and the moving objects to enhance the mobile positioning and communication technology. The dynamic data collection has extensive use in various fields like sewage management system, calibration of tunnel soundness, intelligent transportation and planning of above-ground utility programs.
The Mobile Mapping software is mostly used for highway road mapping, construction mapping, 3D modeling of cities and tunnels, agriculture and vegetation mapping. The technology includes high precision laser scanner, IMU (Inertial Measurement Unit), camera, global positioning system, LiDAR technology, 3D scanner.
For most of the market regions, the lack of awareness of the mobile mapping system has a key role to play. Other than that, higher cost of developing a mapping system and lack of skilled labor can be considered as another factors limiting the growth of the market for mobile mapping systems. However, on the relative grounds, it can be speculated that increase in the demands for smartphones and GPS devices will add cumulatively to the demands of the mobile mapping system.
Primarily, the Mobile Mapping System market can be segmented on the type of the product: Direct Mapping or Backpack Mapping system. The market can be further segmented on the basis of application into Government, Energy and Utility, Healthcare, Agriculture, Transportation and Logistics, Telecommunications, Oil and Gas, etc. In terms of the type of software, the market can be for Location-based services, 3D mapping, Indoor mapping, etc.
North America region had been dominating this market and had obtained a market share of around XX% in the current decade. The early adoption factor for innovating technologies in the fields of logistics, transportation, media and entertainment, manufacturing, etc. had led to rapid growth of the North American region in this market.Europe is expected to make a moderate growth and most regions will have the major contribution in the market from the transportation and logistics industry.
The market prospects for the Mobile Mapping Systems had grown rampantly over years. The market is expected to grow at a CAGR of XX.XX% and may rise up to $XXX.XX Million by 2020. This technology had been acknowledged as useful for facilitation of moderated transportation and communication. Additionally, this technology is likely to get more intelligent and functional at new wavelengths. It is likely to introduce automation of aerial vehicles and more intelligent traffic moderations. The technology is also perceived to be useful in precision agricultural and pesticide monitoring.
The main global key players in the Mobile Mapping System market are Apple Inc., Google Inc., Microsoft Corporation, Mitsubishi Electrical Corporation, Garmin International, Qualcomm Inc., OSI Geospatial Inc., Ericsson, Foursquare Labs, etc. ROBIN, the newly launched 3-1 solution for Mobile Mapping market had gathered its due attention last year with its multi-platform mapping system.
Report ContentsRegional AnalysisReport Highlights
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
US and Canada
Mexico, Brazil, Argentina and Rest of Latin America
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Rest of Eastern Europe
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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