World Mobile Mapping Market Scrutinised in In-demand M&M Report Now Available at MarketPublishers.com20 Jan 2016 • by Natalie Aster
LONDON – Globally, the mobile mapping market is poised to post a CAGR of just under 21% during 2015-2020, with the value of the sector reaching USD 26.60 billion by the end of the period. The market growth is driven by the usage of mobile devices to access location-based information that assist in making well-informed decisions, increasing government regulations and standards like 911 emergency mandates in the USA, and enhanced network performance for uninterrupted access to these services and solutions.
The location-based services segment in the market will likely grab the largest market share in the next 5 years. Furthermore, as outdoor mapping has entered the mainstream, thuswise turning the vendors’ focus towards indoor mapping data harvesting and provisioning of pertinent services and solutions.
In the offing, the market is set to see robust growth in the media & entertainment, manufacturing, and retail sectors; with the logistics and transportation vertical accounting for the biggest market share. The increased use of mobile mapping across the logistics and transportation vertical is driven by the provisioning of enhanced customer experience via real-time information (RTI) of vehicles.
The North America region is anticipated to hold the lion’s market share, whilst Asia-Pacific is poised to register the highest CAGR in the years to come owing to a high penetration rate of mobile devices equipped with GPS technology and improved network connectivity and speed.
In-demand report “Mobile Mapping Market by Segment (Location-Based Services, Location-Based Search, Indoor Mapping, 3D Mapping, Licensing Subscription and Support), by User Type (Individual, Enterprise), by Industry Vertical and by Region - Global Forecast to 2020” created by M&M offers in-depth evaluation of the world mobile mapping market, giving an overview of the market’s current status alongside tracking how the sector developed in the past. It includes market segmentation by user type, segment, industry vertical, and based on geography; providing detailed market size estimates plus forecasts for each of the segments mentioned. The report offers an industry trend assessment, pinpoints the market growth driving and restraining forces, and sheds light on key challenges and opportunities. Additionally, detailed profiles of the ten leading players are at hand in the report, thus giving a complete picture of the competitive scene in the marketplace.
Mobile Mapping Market by Segment (Location-Based Services, Location-Based Search, Indoor Mapping, 3D Mapping, Licensing Subscription and Support), by User Type (Individual, Enterprise), by Industry Vertical and by Region - Global Forecast to 2020
Published: December, 2015
Price: US$ 4,650.00
More studies by the publisher are available at M&M page.