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CHICAGO, December 5, 2018 /PRNewswire/ --
According to the new market research report "Simultaneous Localization and Mapping Market by Offering (2D SLAM, 3D SLAM), Type (EKF SLAM, Fast SLAM, Graph-Based SLAM, LSD SLAM, S-PTAM, ORB-SLAM, and ORB-SLAM2), Application (Robotics, UAV, AR/VR, Automotive), and Geography - Global Forecast to 2023", published by MarketsandMarkets™, the SLAM market is projected to reach USD 465 million by 2023 from USD 101 million in 2018, at a CAGR of 35.77% during the forecast period. Major drivers for the market's growth are the advancements in visual SLAM algorithm, growth of SLAM in augmented reality (AR), and growing demand for self-locating robotics in homes and enterprises; limitation of SLAM in dynamic environments is the major restraint to its growth.
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EKF SLAM expected to hold largest market share during forecast period
EKF SLAM held the largest share of the...