DUBLIN--(BUSINESS WIRE)--Sep 5, 2018--The "Global Mobile Mapping Systems Market - Segmented by Application, End-user, Type (3D Mapping, Licensing, Indoor Mapping, Location Based Services , Location Based Search), and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global Mobile Mapping Systems Market was valued at USD 15.29 billion in 2017 and is expected to reach a market value of USD 50.34 billion by 2023, registering a CAGR of 21.97% during 2018-2023.

Integration with All Types of Vehicles is the Major Driver for the Market

The demand of spatial data has been witnessing explosive growth during the past two decades. This demand has numerous sources and takes many forms, but it is an ever increasing demand for geospatial data, which is more accurate and of higher density. The demand for solutions that offer cost effective solutions while producing accurate output is growing rapidly and can be acquired less expensively.

Currently, the spatial data of road objects is being collected traditionally using aerial photogrammetric technology and terrestrial surveying technology. With new techniques coming into adoption, mobile mapping system such as vehicle borne laser mapping system begins to be used for road mapping.

Companies are developing land based mobile mapping systems to overcome the drawbacks. Mobile mapping offers benefits such as reduction in both the time and cost of data collection.

Mobile mapping systems are integrating with all kinds of vehicles making the market to further grow during the forecast period. Electric cars will play major role in the integration of vehicles.

Key Highlights

Mining End-user is Expected to Grow Significantly During the Forecast Period North America Dominates the Market During the Forecast Period

Notable Developments in the Market

Trimble announced MX9 Mobile Mapping System. The Trimble MX9 combines a vehicle-mounted mobile LiDAR system, multi-camera imaging, and field software for a broad range of mobile mapping applications, such as road surveys, topographic mapping, 3D modeling and asset management.

Companies Profiled

Tele Atlas Survey B.V. NAVTEQ Corp Beica Geosystems AG Trimble Inc. Topcon Corporation NovAtel Inc. Javad GNSS Inc. Optech LLC Mitsubishi Corporation Immersive Media Co. MapJack NORC Cyclomedia Technology B.V. EveryScape

Key Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Executive Summary

4. Market Dynamics

5. Global Mobile Mapping Systems Market Segmentation

6. Competitive Intelligence - Company Profiles

7. Investment Analysis

8. Future Outlook of the Mobile Mapping Systems Market

For more information about this report visit https://www.researchandmarkets.com/research/3mltb8/global_mobile?w=4

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Related Topics:Location Based Services,Mobile Content,Global Positioning Systems Software

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INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/05/2018 04:26 AM/DISC: 09/05/2018 04:26 AM

http://www.businesswire.com/news/home/20180905005388/en