Geospatial Solutions Market Segmentation:
Application Segment Analysis
The web mapping segment is anticipated to garner highest share of about 58% during the forecast period owing to the increasing proliferation of free-to-use mapping software, along with growing accessibility of e-maps. The growing market for web maps solutions is being driven by increased adoption of technologies such as li-DAR and remote sensing to capture data. The market is expected to grow in the forecast horizon due to increasing applications such as land use planning urban planning, traffic management, environmental and telecommunications. The number of mobile subscribers amounted to 5.3 billion persons at the end of 2021, equivalent to 67% of the world's population.
End-User Segment Analysis
The transportation segment is anticipated to gain substantial share over the forecast period this is due to an increasing trend of travels, with the use of inbuilt mobile maps and others. Moreover, in order to guarantee safety, there has been an increasing demand for spatial data in the field of transport management & planning as well as a higher demand for location-based mapping products that encourage route planning.
Our in-depth analysis of the global market includes the following segments:
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Technology |
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Solution |
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Application |
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End-User |
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