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Mobile Mapping Market Share

Report ID: GMI2652
Published Date: Feb 2023
Report Format: PDF

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Mobile Mapping Market Share

Some of the leading companies involved in the global business scenario include

Google LLC
Apple Inc.
Microsoft Corporation
Alibaba Group
aidu Inc.

These companies majorly engage in strategic partnerships and collaborations as well as product expansion tactics to propel their market standing. In addition, in January 2022, Ericsson, a Swedish telecom and networking firm, collaborated with Here Technologies, a location data and technology platform, to offer custom mapping capabilities with smart mining specifications in real time to the mining industry.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of mobile mapping valued at USD 20 billion in revenue in 2022 and is set to progress at more than 15% CAGR over the next 10 years, owing to rising investment in smart city projects and city management initiatives and the burgeoning use of smartphones globally.

The road & railways survey segment accounted for USD 3 billion in revenue in 2022, owing to the extensive use of vehicle-mounted laser and image measurement equipment.

The software segment is expected to grow at 20% CAGR till 2032, as a result of the surging demand for advanced location-based data extraction, processing, and post-processing software solutions.

The market for mobile mapping in the North America region is slated to garner a valuation of over USD 35 billion by 2032, on account of the widespread use of inexpensive sensors and GPS-enabled mobile computing devices in the region.