Mobile Mapping Systems Market trend shows a rapid growth by 2025- Google, Microsoft Corporation, Apple, Foursquare Labs, Ericsson, Tomtom NV
Mobile Mapping Systems is a multi-sensor system used to collect geospatial data that consists of three major components: a control unit, remote mapping sensors and navigation or positioning sensors. The control unit operates as the brain of the system and it is used to integrate the acquired data of geometric or position information. The geospatial data is collected from a mobile vehicle, airplanes, mobile marine vessels on which all the sensors are integrated or mounted. It being mounted on a platform, is used to calculate the trajectory effectively and the output is generated. The output of the mobile mapping systems includes GIS data, geo spatial images & video and digital maps. The mapping sensors include either photographic, radar, laser or LiDAR systems.
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Some of the key players operating in global mobile mapping systems market include Google, Inc., Microsoft Corporation, Apple, Inc., Foursquare Labs, Inc., Ericsson, Tomtom NV, Trimble Navigation Ltd., Telecommunications System, Inc., Qualcomm Atheros, Inc. and Mapquest, Inc. among the others.
Mobile Mapping is positively developing as the most ideal method to collect data and generate accurate 3-D models that can be used in various applications by various industry verticals. The increasing use of mobile devices that provide with mapping and navigation technologies is the primary driver for the growth in the demand for this market. The need for accurate but time & cost saving methods to generate data, the need to produce substantial data for 3D modelling and LiDAR technology and the increasing awareness regarding inventory and asset management has led to the growth in demand for this market. Also, with the marked infrastructural development of telecommunication networks coupled with availability of relatively cheaper portable sensors, mobile mapping has become more vibrant.
Despite the growing trends of mobile mapping, there are certain limiting factors to this market. Apprehensions about the security and privacy of the data generated is the primary restraining factor that has refrained many organizations from adopting this technology. The other factor that has mitigated the growth of this market is the lack of awareness about the technology and its applications. Proper awareness about the features, advantages and benefits of mobile mapping technology will foster the growth in developing regions.
The mobile mapping systems market has been segmented by end user industry into healthcare, automobile, transportation & logistics, Government & public sector, video entertainment, real estate, travel & hospitality and construction. Also, mobile mapping systems market has been segmented by user types into individual and enterprises. Based on services, this market is also segmented into Location-based services, Location-based search, 3D Mapping, Indoor Mapping and Licensing Subscription & Support.
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In end users segment, Government & public sector market segment and video & entertainment industry segments are the leading market adopters of this technology. While it is significantly being used by government for various applications that include, military applications, traffic monitoring etc., it is also being dominantly used in the gaming and entertainment industry. Due to the awareness about the importance of inventory management, there has been a marked growth in the adoption of mobile mapping technology by transportation & logistics segment. Additionally, with further advancements in the technology, it is expected that healthcare and real estate segments would also prosper ahead in using this technology.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
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