Market Size – USD 10.28 Billion in 2019, Market Growth – CAGR of 20.9% between 2019 and 2026, Market Trends – Rising usage of mobile devices such as smartphones and tablets
The Mobile Mapping Market is estimated to grow from USD 10.28 Billion in 2018 to USD 26.60 Billion by 2026, at a CAGR of 20.9% from 2019 to 2026. The mobile mapping market is largely driven by the rising usage of mobile devices such as smartphones and tablets across the world.
Additionally, smartphone users are using GIS and GPS applications to access geo-referenced data for searching nearby pubs, movie theatres, and other landmarks. This is propelling the ICT companies to start mapping across the world to generate optimal GIS data and offer an enhanced customer experience.
Huge primarily investment is a major factor restraining the growth of the mobile mapping market.
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Further key findings from the report suggest
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Segments covered in the report:
Global Mobile Mapping Market, By Segment-Type(Revenue, USD Million; 2016–2026)
Global Mobile Mapping Market, By User (Revenue, USD Million; 2016–2026)
Global Mobile Mapping Market, By Vertical (Revenue, USD Million; 2016–2026)
Global Mobile Mapping Market, By Region (Revenue, USD Million; 2016–2026)
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