Technology News & Trends

  Fragmented competitive landscape in the global   mobile mapping market   makes it highly lucrative for growth. Report published by Transparency Market Research states that the revenue generation in this market is expected to touch ~ US$ 24.4 billion by the end of 2024. The global mobile mapping market has an incremental opportunity of nearly US$ 11.5 billion between 2017 and 2022. With this large sum of money to be generated in this market is a creating huge growth opportunity for the players operating in this market during this period. Moreover, the growth rate for the global mobile mapping market is expected to be 13.7%, which is a growth factor beneficial for the market. Witnessing the growth rate and high opportunities available, market players are putting extra efforts in enhancing mobile mapping services. Leading players are engaged in establish strategic alliance and are also adopting advanced business development strategies mainly to strengthen their position in...

  Fragmented competitive landscape in the global  mobile mapping market  makes it highly lucrative for growth. Report published by Transparency Market Research states that the revenue generation in this market is expected to touch ~ US$ 24.4 billion by the end of 2024. The global mobile mapping market has an incremental opportunity of nearly US$ 11.5 billion between 2017 and 2022. With this large sum of money to be generated in this market is a creating huge growth opportunity for the players operating in this market during this period. Moreover, the growth rate for the global mobile mapping market is expected to be 13.7%, which is a growth factor beneficial for the market. Witnessing the growth rate and high opportunities available, market players are putting extra efforts in enhancing mobile mapping services. Leading players are engaged in establish strategic alliance and are also adopting advanced business development strategies mainly to strengthen their position in t...

According to a commerce and business intelligence study by Transparency Market Research (TMR), the global mobile mapping market is predicted to display a strong 13.7% CAGR over the forecast period between 2017 and 2022. At this pace, the market’s valuation of US$12.9 bn in 2017 will become US$24.4 bn by 2022 end. Based on solution, location based services segment is predicted to dominate through 2022, rising at a CAGR of 16.2% therein. Browse The Report: https://www.transparencymarketresearch.com/mobile-mapping-market.html In absolute value, the segment is predicted to be worth US$10.1 bn by the end of 2022. With mobile mapping applications increasingly becoming common in smart electronics, the location based services segment is poised to remain dominant contributor to the overall market. The location based services segment held 37.2% of the global mobile mapping market in 2017. By geography, North America is predicted to continue to remain dominant region for mobile mapping....

Leading companies to name in a largely consolidated global mobile mapping market are Google Inc., Microsoft Corporation, Mitsubishi Electric Corporation, Telefonaktiebolaget LM Ericsson, Qualcomm Inc., Apple Inc., Tomtom NV, Garmin International, OSI Geospatial Inc., and Leica Geosystems Inc. According to a commerce and business intelligence study by Transparency Market Research (TMR), the global mobile mapping market is predicted to display a strong 13.7% CAGR over the forecast period between 2017 and 2022. At this pace, the market’s valuation of US$12.9 bn in 2017 will become US$24.4 bn by 2022 end. Based on solution, location based services segment is predicted to dominate through 2022, rising at a CAGR of 16.2% therein. In absolute value, the segment is predicted to be worth US$10.1 bn by the end of 2022. With mobile mapping applications increasingly becoming common in smart electronics, the location based services segment is poised to remain dominant contributor to the ove...