Mobile Mapping Market share forecast to witness considerable growth from 2018 to 2024

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Mobile Mapping market share research by
applications and regions for 2018-2024 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Overview of Mobile Mapping Market

• The North American region is leading the mobile
  mapping market. This growth is attributed to the
  developments in the telecommunication and travel
  hospitality industry, offering the nearest
  point of service based on customer location. The
  growing prominence of connected cars is driving
  the U.S market due to which leading map providers
  including TomTom and Here are collaborating with
  car manufacturers such as BMW and Audi.
• Mobile Mapping Market size is driven by the
  growing availability of spatial data. The
  geospatial technology as a reconnaissance tool in
  security forces has found its applications in the
  civilian industry such as precision farming and
  real estate. The mobile mapping system can be
  integrated with a wide variety of vehicles. For
  instance, the integrated mobile mapping system
  can be mounted on multiple vehicles ranging from
  surface vehicles to airborne vehicles such as
  drones.

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• The rapid growth of the Mobile Mapping market is
  attributed to the availability of cost-effective
  and portable sensors, technological advancements,
  and the increasing use of telecommunication
  networks. Furthermore, companies operating in the
  market have been offering customized service
  models and systems for a wide range of
  applications offering pay-per-click pricing model
  road image services coupled with options to
  purchase the road image data instead of owning a
  software package or system.
• The integrated mobile mapping unit consists of a
  GPS antenna, sensors, and Inertial Measurement
  Unit (IMU) camera. The GPS antenna provides route
  displays and location data. The sensors provide
  3D information of the surrounding environment.
  The IMU camera provides a wide field of view
  covering every direction.
• The major applications of Mobile Mapping System
  (MMS) are viewing that confirms the measurement
  of data, edits laser point groups acquired from
  laser point scanner, tracing that overlays the
  photos and point group data, enabling the
  plotting of environmental features, and
  orthographic generation that develops 3D data
  from photographic and point group data.

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• The end users of the mobile mapping market are
  transportation logistics, government public
  sector, BFSI, real estate, manufacturing,
  telecommunication, travel and hospitality,
  retail, media, and entertainment. The MM services
  are increasingly being used in industry verticals
  where there is a need for real-time data and
  location-based information that help in making
  informed decisions. For instance, in the auto
  industry, the driverless car concept is based on
  the mobile mapping system. It has various other
  applications in the government sector.
• Some of the restraints in the mobile mapping
  technology are the inability to survey
  inaccessible areas and high sensitivity toward
  weather conditions. For instance, the mobile
  mapping systems accuracy is affected during the
  rain due to interruptions within the atmosphere.

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• The Asia Pacific region is driven by the
  government initiatives, driving the market growth
  in the region. Smart city development programs in
  the region are the primary factors driving the
  market. For instance, in January 2015, the
  government of India launched Smart City
  Initiative, which is aimed at developing 100
  smart cities to create sustainable and
  citizen-friendly cities. The Asian tech companies
  are collaborating with other mapping giants for
  expansion. For instance, Baidu a Chinese tech
  company is collaborating with Here, a mapping
  company to expand its services across the world.
• The key players in the mobile mapping market are
  Google, Inc., Topcon Corporation, Tele Atlas
  Survey BV, Cyclomedia Technology B.V., NAVTEQ
  Corp., Mitsubishi Corporation, NovAtel, Inc.,
  Javad GNSS, Inc., EveryScape, Inc., Optech LLC,
  Beica Geosystems AG, Immersive Media Co.,
  Trimble, Inc., and MapJack, NORC. The mobile
  mapping market is highly competitive due to the
  huge untapped potential and its applications in
  different industry verticals. The key companies
  operating in the mobile mapping market are
  focusing on offering advanced features to enable
  differentiation in their solutions compared to
  those offered by their competitors. For instance,
  in February 2018, Trimble announced the launch of
  MX9 mobile mapping system. This MX9 system
  combines a multi-camera imaging, vehicle-mounted
  mobile LiDAR system, and field software for a
  wide range of mobile mapping applications such as
  3D modeling, asset management, road surveys, and
  topographic mapping.

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Methodology

• Market
  research reports Key analytical components

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