Mobile Mapping Market Analysis

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Global Mobile Mapping Market Growth to be
Propelled by Global Smart City Projects, Growing
Digitization and Urbanization, and Use of
Autonomous Vehicles by CAGR of 19 During 2022
2031 Kenneth Research published a report
titled Mobile Mapping Market Global Demand
Analysis Opportunity Outlook 2031 which
delivers detailed overview of the global mobile
mapping market in terms of market segmentation by
type, by component, by application and by
region. Further, for the in-depth analysis, the
report encompasses the industry growth
indicators, restraints, supply and demand risk,
along with detailed discussion on current and
future market trends that are associated with the
growth of the market.
The global mobile mapping market is expected to
hold a revenue of USD 128 billion by 2031
growing from USD 26 billion in 2021. The market
growth can be attributed to the worldwide
implementation of smart city projects, growing
urbanization, digital transformation of
businesses, mobile tracking method for containing
COVID-19, and the growth of the autonomous
vehicle industry.
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The global mobile mapping market is expected to
grow at a CAGR of approximately 19 from
2022-2031. The market is segmented by application
into road mapping, topographic mapping, 3D city
modeling, environmental monitoring, autonomous
navigation, archeological scanning, and others.
Of these, the topographic mapping segment is
anticipated to hold the largest market share by
the end of 2031, owing to its inevitable
application in various fields, including
large-scale architecture, geographic planning,
mining, and other earth-based endeavors, civil
engineering, and for recreational hiking and
orienteering. The global mobile mapping market is
divided into five major regions, including North
America, Europe, Asia Pacific, Latin America, and
Middle East Africa. The market in North
America is projected to hold the largest market
share by the end of 2031, backed by the
developments in novel technologies including
artificial intelligence (AI), big data, the
internet of things (IoT), and the growing
adoption of cloud services in the region. For
more description_at_https//www.kennethresearch.com/r
eport-details/mobile- mapping-market/10352415 The
research is global in nature and covers detailed
analysis on the market in North America (U.S.,
Canada), Europe (U.K., Germany, France, Italy,
Spain, Hungary, Belgium, Netherlands
Luxembourg, NORDIC Finland, Sweden, Norway,
Denmark, Poland, Turkey, Russia, Rest of
Europe), Latin America (Brazil, Mexico,
Argentina, Rest of Latin America), Asia-Pacific
(China, India, Japan, South Korea, Indonesia,
Singapore, Malaysia, Australia, New Zealand,
Rest of Asia-Pacific), Middle East and Africa
(Israel, GCC Saudi Arabia, UAE, Bahrain,
Kuwait, Qatar, Oman, North Africa, South Africa,
Rest of Middle East and Africa). In addition,
analysis comprising market size, Y-O-Y growth
opportunity analysis, market players competitive
study, investment opportunities, demand for
future outlook etc. has also been covered and
displayed in the research report. Developments
in Digital Transformation Worldwide to Boost the
Market Growth
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By 2022, over 60 of the worlds gross domestic
product (GDP) has been predicted to be
digitized. As of 2021, more than 55 of
businesses were observed to prioritize digital
transformation. 41 of organizations implement
digital transformation for improving operational
efficiency, while 36 of organizations take up
digitization to meet evolving customer
expectations. Close to 98 of executives agree
that life during COVID-19 has boosted the
digital transformation altogether. Digital
transformation is thought to speed the
developments in the mobile mapping industry as
mobile mapping is beneficial over traditional
mapping for its very little reliance on
non-renewable resources. However, hardware
manufacturing being hindered by COVID-19
restrictions, high infrastructure initial
capital expenditure (CAPEX), and a limited range
of mobile mapping lasers are expected to operate
as key restraints to the growth of the global
mobile mapping market over the forecast
period. This report also provides the existing
competitive scenario of some of the key players
of the global mobile mapping market which
includes company profiling of Leica Geosystems
AG - Part of Hexagon, Trimble Inc., Optech LLC,
RIEGL Laser Measurement Systems GmbH, Mosaic,
MapQuest Holdings LLC (System1 LLC), Mitsubishi
Electric Corporation, Hitachi, Ltd., NovAtel
Inc., and Comtech Telecommunications Corp, and
others. The profiling enfolds key information of
the companies which encompasses business
overview, products and services, key financials
and recent news and developments. On the whole,
the report depicts detailed overview of the
global mobile mapping market that will help
industry consultants, equipment manufacturers,
existing players searching for expansion
opportunities, new players searching
possibilities and other stakeholders to align
their market centric strategies according to the
ongoing and expected trends in the
future. Request Report Sample_at_ https//www.kenneth
research.com/sample-request- 10352415
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Kenneth Research is a leading service provider
for strategic market research and consulting. We
aim to provide unbiased, unparalleled market
insights and industry analysis to help
industries, conglomerates and executives to take
wise decisions for their future marketing
strategy, expansion and investment etc. We
believe every business can expand to its new
horizon, provided a right guidance at a right
time is available through strategic minds. Our
out of box thinking helps our clients to take
wise decision in order to avoid future
uncertainties. Contact for more Info AJ
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