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(Wireless-NewsWire.Com, September 20, 2018 ) 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 defined as the practice of gathering geospatial data from a vehicle. The mapping system is typically used for emergency response planning, road and aerial mobile mapping and high facility management. The information is usually gathered by laser, radar, LiDAR (light detection and ranging), photographic or any other systems that include remote sensing. The mobile mapping output includes digital maps, GIS data, and geo-referenced video and image.
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Good network connectivity, as well as the increasing number of mobile services, has led to an increase in mapping analytics. There has therefore been a rise in the integration of mobile mapping with smart devices. The lack of knowledge about technology, the concerns for data quality, location accuracy, as well as some privacy and data security concerns and has led to some restrain in the mobile mapping market’s growth.
Competitive Landscape:
The major players in the market are as follows:
Apple Inc
Trimble Navigation Ltd.
Google Inc
Ericsson
Microsoft Corporation
Tomtom NV
Telecommunication Systems, Inc.
Mapquest, Inc.
Foursquare Labs, Inc.
Qualcomm Atheros, Inc.
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