The realities of this
industry are among the most exciting in our ever-connected world where exigencies
are increasingly varied.
One can then
observe that, a mobile mapping system which consists of navigation
sensors, moving platforms, and mapping sensors; provides highly accurate and
rich datasets, which are used across industries such as transportation and
logistics, retail, manufacturing, telecommunications, and public and real
estate.
Key players in the Global
Mobile Mapping Market include: Apple, Google, HERE, Micello, NavInfo, and
TomTom.
Among Prominent Vendors in the market, we have: ArcGIS Online (Esri), Baidu Maps, Bhuvan, Bing Maps (Microsoft), Ericsson, Foursquare, GeoMapServer, Inrix, MapmyIndia, Mappy, MapQuest (AOL), OpenStreetMap, Qualcomm Atheros, Roadtrippers, Trimble Navigation, ViaMichelin, WikiMapia, WoNoBo (Genesys International), Yahoo! Maps and Zenrin.
Due to the high cost
of equipment and lack of skilled talents, many map providers are not able to
update their maps regularly. However, crowdsourcing map providers, such as
Google, OpenStreetMap and others are able to do so, which encourages users to
choose free updated maps.
According to Research and
Markets, the global mobile mapping market is expected to grow at a CAGR of
14.05% during the period 2016-2020.
Among others current
powerful dynamics within and around the global mobile mapping market:
- The applications developed using maps are helping enterprises streamline their business processes such as procurement, processing, storage, and supply chain.
- Individual users are using digital maps on their wearable devices,
- Healthcare service providers such as hospitals, clinics, and community centers are using digital maps to track and monitor ambulances, medical equipment, in-patients, doctors, and employees, making them more efficient healthcare service providers.