South America Mobile Mapping Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Mobile Mapping is the process of collecting geospatial data with Sensors, Digital Cameras, GPS, INSS and other on a moving flat form. These Devices provide three-dimensional positioning of both the platform and collected geospatial data. Increase in advancements for Land Vehicle Navigation such as Automatic Vehicle Location and Navigation(AVLN), Intelligent Vehicle Highway Systems(IVHS), Intelligent Transport System(ITS) are the factors accelerates the market growth. The rise of Mobile Mapping Market among Airplane, Internet, Road Mapping applications are the elements tend to the market growth.

South America Mobile Mapping Market Size & Growth:

South America Mobile Mapping Market size is projected to reach approximately $xx billion by the end of 2024 with a CAGR of close to X% from $xx million in 2017 during the forecast timeline 2018-2024. The primary factors tend to the growth of the market are Improvement of Mobile Devices and Technology by transportation and logistics Sector, Raise in Network connectivity, Increase in Demand on survey of Roads and Bridges, need to continuous update of geographical locations like land, bridge and many more are the factors driving the growth of the market. Some of the Restraints facing the Mobile Mapping Market are the Huge cost of mobile mapping applications, Lack of Awareness of Location Based Services(LBS) and other are the factors lags the market growth.

South America Mobile Mapping Market Share:

South America Mobile Mapping Market is segmented by the type which consists of Location Based Service, Indoor Mapping, 3D Mapping, Licensing, Location Based Search. Among these Indoor Mapping is the fastest growing segment. Indoor mapping is highly used for online shopping’s by various users by providing hyperlocal advertising and other. In future 3D Mapping is expected to have a tremendous growth due to various advancements. Numerous researchers are contributing the use of new 3D Sensors and 3D Mobile Mapping. By component, Mobile Mapping Sensors hold a considerable share in accelerating the growth of the market. Various Mobile Mapping Sensors such as Cameras, GPS, INSS and other contribute a substantial percentage. GPS Sensors provide image processing in 3D, Image time tagging, INS Control and give access to the 3Dmapping. INSS also includes image orientation in 3D, filling gaps between GPS and other. Cameras offer 2D and 3D Images and other which have a better quality of geospatial data. By End-user, the market is used in several verticals such as in Government and Public, Banking, Financial Services and Insurance, Manufacturing, Real Estate, Telecommunication, Media and Entertainment, Travel and Hospitality and other. By Geography, South America is expected to hold a decent market due to a large number of using mobile applications in businesses, more usage of Location Based Services to enhance the customer awareness and other.

South America Mobile Mapping Market Trends:

• TOMTOM For Truckers introduced new GPS Device in North America.
• Tom Rider 550 Is Launched by TOMTOM a new Navigation for Motor Bike Riders.

South America Mobile Mapping Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The primary critical players in the South America Mobile Mapping Market are:

• Google LLC
• Tele Atlas
• NAVTEQ
• Leica Camera AG
• Trimble Inc

Along with these companies, there were many other companies considered/cited in the report while analysing the South America Mobile Mapping Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.