Mobile mapping market is likely to exhibit a strong 13.7% CAGR over the 2017-2022 forecast period, rising to a valuation of US$24.4 bn by the end of 2022.
Albany, NY -- (SBWIRE) -- 11/30/2017 -- Market Research Hub (MRH) has included a new report in its repository titled "Mobile Mapping Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2022." The report present a comprehensive in-depth analysis and insights that are backed by a range of data and vital statistics. According to the report, the global market for mobile mapping is estimated to reach a valuation of US$ 12.9 billion by 2017 end. The international market for mobile mapping is expected to grow at a CAGR of 13.7% during the forecast period, growing to a worth of US$ 24.4 billion by 2022 end.
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Factor Governing the Growth of the Global Mobile Mapping Market
The following key factors which governs the international market for mobile mapping market is collected in this report to give the consumers with compete analysis of the restrains and growth of the market. This can help the consumers to formulate the strategies for increasing their profits from the trend which is growing positively. Also, the complete overview of the restraints are also provided in this report to provide the readers about the uncertainty in the global market for mobile mapping.
Moreover, development in the functioning spectrum of global mobile mapping over the coming years, enabled by the rapid technology advancement of satellite positioning has been a significant driver for mobile mapping market globally. Also, the growing usage of the mapping application in smartphones is anticipated to boost the prosperity of the worldwide mobile mapping market in coming future.
Global Mobile Mapping Market: Segmental Analysis
The study report segments the international market for mobile mapping market into end use, based on solution and by end use industry. The report deals with the detailed projection of the various market.
Based on solution, the international market for mobile mapping market is further divided into indoor mapping, location based services, support services, 3D mapping and others
On the basis of end use, the worldwide market for mobile mapping market is segmented into commercial and individual use
By end use industry, the global mobile mapping market is bifurcated into government, oil and gas, BFSI, telecommunication, hospitality and travel, healthcare, utility and energy and others.
Also, to interpret the overall market scenario of the international market for mobile mapping market, the research report learned the achievement of this market in Asia Pacific except Japan, North America, Europe, the Middle East & Africa, Latin America and Japan. The report also provide the growth prospect of the particular segment over the forecast period, 2017-2022.
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Global Mobile Mapping Market: Key Players
The research report showcases complete profiles of the dominating competitors in the international mobile market. It also provide the idea on what basis the mobile mapping market is functioning currently and which policy will help in driving the demand over the said period. Some of the key leading players in the global market for mobile mapping market includes, Leica Geosystems Inc., Mitsubishi Electric Corporation, Google Inc., Qualcomm Inc., Apple Inc., OSI Geospatial Inc., Microsoft Corporation, Telefonaktiebolaget LM Ericsson, Tomtom NV, and Garmin International.
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