Market Forecast By Distribution (Online, Offline) And Competitive Landscape
Product Code: ETC432560 | Publication Date: Nov 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India Surveying and Mapping Services Market is expected to grow effectively in the years to come. The Surveying and Mapping Services Market in India has been growing effectively. The main drivers for this market are the increasing demand for infrastructure development and growth in construction activities. In addition, the government's initiatives to boost the economy and attract foreign investments are also playing a key role in fuelling the growth of this market.
The demand for surveying and mapping services is increasing due to the growing infrastructure development activities in the country. The Indian government's focus on developing smart cities, highways, and airports is one of the major factors driving the growth of the surveying and mapping services market in India. In addition, with the increase in construction activities, there is a need for accurate information about land topography, which is fuelling the demand for surveying and mapping services. However, the growth of the surveying and mapping services market in India is restrained by certain factors such as a lack of skilled manpower and the high cost of equipment.
According to 6Wresearch, the India Surveying and Mapping Services Market size is expected to grow during 2022-2028. Surveying and mapping services involve the collection, compilation, analysis, and presentation of data related to the Earth's surface. The data collected through surveys and mapping is used for various applications such as urban planning, construction, mining, land management, environmental monitoring, etc. There will be a significant expansion in the India Surveying and Mapping Services Market share in the future. The market is estimated to progress well due to the growth potential it has. Companies that are operating in the market play a key role in the growth and upliftment of the market.
The sudden outbreak of COVID-19 had a significant impact on the India surveying and mapping services market. The market faced a huge decline in demand owing to the slowdown in economic activity and also due to the disruption to supply chains. The construction and infrastructure markets, which are major consumers of these services, and these sectors were impacted negatively during the pandemic. This led to a significant decline in the Surveying and Mapping Services Market in India.
The market faced numerous challenges during the pandemic. After confronting various challenges. The market is overcoming them effectively. It is estimated to grow smoothly in the coming years.
On the basis of distribution channels, the market is segmented into online and offline. Both these segments have been growing in the market. It is estimated that these segments will continue to hold the dominant position in the market.
The India Surveying and Mapping Services Market is highly fragmented with a large number of small and medium-sized players. The competition in the market is high. Some of the key players in this market include:
These key players play an essential role in the growth and upliftment of the India Surveying and Mapping Services Industry.
The report offers a comprehensive study of the subsequent market segments:
1. Who are the key players in the market?
Some of the key players in this market include Rolta India Ltd., Esri India Technologies Pvt. Ltd., Geomatics World Pvt. Ltd., Wipro GeoSpatial Solutions Pvt. Ltd., and Tata Consultancy Services Limited.
2. What is the competition level of the market?
The market has been progressing well, thus, the competition is high in the market.
3. Did the COVID-19 affect the market?
Yes, the pandemic adversely affected the market.
4. Is the demand of the market growing?
The demand for surveying and mapping services is increasing due to the growing infrastructure development activities in the country.