The mobile
map market and it is poised to grow by USD 5.24 bn
during 2020-2024, progressing at a CAGR of 17% during the forecast period. The
report offers an up-to-date analysis regarding the current market scenario,
latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Frequently Asked Questions:
- What are the
major trend in the market?
Increasing adoption of mobile maps in the industrial sector is a major growth factor for the market - At what rate is
the market projected to grow?
The year-over-year growth for 2020 is estimated at 17% and the incremental growth of the market is anticipated to be $ 5.24 bn - Who are the top
players in the market?
Alibaba Group Holding Ltd., Alphabet Inc., Apple Inc., Environmental Systems Research Institute Inc., HERE Global BV, Microsoft Corp., NavInfo Co. Ltd., TomTom International BV, Trimble Inc., and Verizon Communications Inc., are some of the major market participants - What is the key
market driver?
Adoption of technologically advanced mobiles is driving the growth of the market is the major factor driving the market - How big is the
APAC market?
The APAC region will contribute 38% of the market share
The market is fragmented, and the degree of fragmentation will
accelerate during the forecast period. Alibaba Group Holding Ltd., Alphabet Inc.,
Apple Inc., Environmental Systems Research Institute Inc., HERE Global BV,
Microsoft Corp., NavInfo Co. Ltd., TomTom International BV, Trimble Inc., and
Verizon Communications Inc. are some of the major market participants. The
adoption of technologically advanced mobiles will offer immense growth
opportunities. To make the most of the opportunities, market vendors should
focus more on the growth prospects in the fast-growing segments, while
maintaining their positions in the slow-growing segments.
Buy 1 Technavio report and get the
second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before
purchasing
Adoption of technologically advanced mobiles has been instrumental in
driving the growth of the market.
Technavio's custom research reports offer detailed insights on the
impact of COVID-19 at an industry level, a regional level, and subsequent
supply chain operations. This customized report will also help clients keep up
with new product launches in direct & indirect COVID-19 related markets,
upcoming vaccines and pipeline analysis, and significant developments in vendor
operations and government regulations.
Mobile Map Market 2020-2024: Segmentation
Mobile Map Market is segmented as below:
- Application
- Outdoor Mobile Map
- Indoor Mobile Map
- End-user
- Automotive Navigation
- Mobile And Internet
- Public Sector And
Enterprise
- Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
No comments:
Post a Comment