Mobile Mapping Market Expected to Reach $39.8 Billion, Growing at a CAGR of 21.3% by 2022
According to Research Beam , the Global Mobile Mapping market is estimated to be $10.28 billion in 2015 and is expected to reach $39.8 billion by 2022 growing at a CAGR of 21.3% from 2015-2022. Growing usage of mobile devices, enhanced network connectivity and rising growth for mapping analytics are some of the predominant growth drivers for the market. However, lack of awareness based on location-based services (LBS) is presumed to challenge the industry growth. Moreover, the future opportunity for...
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