Global Mobile Mapping Systems Market Overview:
The Mobile mapping system, a process which collects Geo-data quickly and accurately. It is equipped with positioning sensors, laser scanners and cameras. Additionally, the system has deployed in digital cameras and other electronic devices with various sensors such as thermal sensors and radar & LiDAR According to AMA, the Global Mobile Mapping Systems market is expected to see growth rate of 18.35% and may see market size of USD40.44 Billion by 2026.
Growth Drivers
- Increasing demand by enterprises to access real time location based data
- Advancement in the data processing technology over other surveying technologies
- Growing adoption of automation in mining industry
- Availability of mobile mapping system in a wide range of applications
- Surging demand for terrestrial mobile mapping for transportation
Market Trends
- Increasing adoption of electric vehicles
- Development of user-friendly mobile mapping applications
- Deployment of 3D modelling and LiDAR technology
Roadblocks
- High cost
- Lack of technological awareness and complicates installation
Opportunities
- Upgraded automated vehicles and sensors
- Technological innovation and advancements
Challenges
- High dependency on weather
- Camera orientation issues
- the lack of awareness and prevailing apprehensions about breach of privacy and data security
Competitive Landscape:
Some of the key players profiled in the report are Ericsson (Sweden), Microsoft Corporation (United States), Apple (United States), Google (United States), Foursquare Labs (United States), Tomtom NV (Netherlands), Trimble Navigation Ltd. (United States), Telecommunications Systems Inc. (United States), Qualcomm Atheros (United States) and Mapquest (United States). Additionally, following companies can also be profiled that are part of our coverage like Trimble Inc. (United States), NovAtel Inc. (Canada), Langan International Llc. (United States), EveryScape Inc. (United States) and Leica Geosystems (Switzerland). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Mobile Mapping Systems market by 2026. Considering Market by Component Type, the sub-segment i.e. Hardware will boost the Mobile Mapping Systems market. Considering Market by Industry Verticals, the sub-segment i.e. Automobile will boost the Mobile Mapping Systems market.
In February 2018, Trimble announced MX9 Mobile Mapping System. The Trimble MX9 combines a vehicle-mounted mobile LiDAR system, multi-camera imaging, and field software for a broad range of mobile mapping applications, such as road surveys, topographic mapping, 3D modeling and asset management.
European Union laws (GDPR) is taking important measures to protect data privacy and is expected to impact ~4% of global annual sales.
What Can be Explored with the Mobile Mapping Systems Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Mobile Mapping Systems Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Mobile Mapping Systems
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Mobile Mapping Systems market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Mobile Mapping Systems market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Consumer Electronics Vendors, Application Developers, Internet Service Providers (ISPs), Telecom Network Operators, Mobile Mapping Service Providers, Geographic Information Systems (GIS) Companies, Technology Providers and White-Label Mobile Mapping Service Providers.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.