Hyper-urbanisation boosts mobile mapping market growth
The global mobile mapping market is estimated to grow with 21,3% per year to reach a stunning $39.8 billion by 2022. Substantial growth can be expected in North America and Europe, but the Asia-Pacific region will grow the fastest of all, due to the hyper-urbanisation that is currently underway across the region. Industry specialist Geomares has analysed their user data and behaviour and found a stunning increase of 250% in mobile mapping enquiries. The number of mobile mapping systems on their online product platform Geo-matching has grown with a stunning 325% in the last three years. On top of that, their latest GIM International readers survey indicated that 20% of geospatial companies is expecting to plan on investing in mobile mapping systems. Mobile mapping technology is on the rise worldwide and offers lots of opportunities for companies in both the geospatial- and related industries! The full report can be found on the website of Geomares.
An analysis of the user behaviour on Geo-matching, the product platform for surveying, positioning and machine guidance, shows almost double as much traffic in Mobile Mapping pages. An important sign of the growing mobile mapping industry can also be seen in the enquiries on Geo-matching, with an increase of 250% in 2017. On top of that, the number of mobile mapping systems on Geo-matching has grown with a stunning 325% in the last three years!
Mobile mapping is a technology that is used worldwide, but a clear trend is seen in the Asia-Pacific region with almost 50% of all of Geomares’ users coming from that region! This is supported by other market research stating that increased investment to develop infrastructure in Asia-Pacific – the need for which is created by the process of hyper-urbanisation that is currently underway across the region – will boost demand for mobile mapping technology.
Average searches for these terms on Google show a similar trend, growing from 7,000 in 2014, to 9,000 in 2016 and currently to 14,000 searches per month!
Based on Geomares’ research, market reports and online data it is safe to say that the investments in mobile technology will continue to grow in the coming years. Substantial growth can be expected in North America and Europe, but the Asia-Pasific region will grow the fastest of all.