The article cited AMA's Global Mobile Positioning System Market Study explored substantial growth with CAGR of 16.1%. According the report, Integration of Automation with Help of Artificial Intelligence and Machine Learning
is one of the primary growth factors for the market. Rising Need for Efficient Transportation in Different Applications
is also expected to contribute significantly to the Mobile Positioning System market. Overall, Mapping and Surviving
applications of Mobile Positioning System, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Raytheon Technologies (United States), Septentrio N.V. (Belgium), Trimble Inc (United States), Topcon (Japan), Zebra Technologies Corp. (United States), Navizon Inc. (United States), FEI-Zyfer (United States), Panasonic (Japan), Telit (United Kingdom) and Senion (Sweden) may see astonishing sales in this Market and certainly improve revenue growth.
The End User, such as Education, is boosting the Mobile Positioning System market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Mobile Positioning System market identified that the demand is rising in many different parts of the world as "Increasing Acceptance of Emerging Technologies like 5G and Fibres
". Furthermore, some recent industry insights like "In May 2023, The Indian government is set to launch a new mobile tracking system, which will allow individuals to block and track their lost or stolen mobile phones throughout the country. This initiative is aimed at enhancing the security and safety of mobile phone users, and will be impleamented on a pan-India basis. A senior government official has confirmed the upcoming launch of this tracking system." is constantly making the industry dynamic. One of the challenges that industry facing is "Availability of Substitutes in Market"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Mobile Positioning System market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Mobile Positioning System market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Mobile Positioning System market tight? Which application/end-user category or Product Type [TOA, E-OTD and A-GPS] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Mobile Positioning System market and other related sub-markets covered in the study.
o Key & emerging players in the Mobile Positioning System market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Mobile Positioning System market size is calculated using market estimation process, the Mobile Positioning System market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Mobile Positioning System market size has been validated using both top-down and bottom-up approaches.