Mine Planning Solutions Market Projected to Grow at a CAGR of 11.39%. from 2021 to 2027 – Axiom MRC

Wilmington, November, 25, 2020: – Axiom Market Research & Consulting recently published its market research report on Global Mine Planning Solutions Market Forecast Upto 2027. The global market of mine planning was estimated to grow at a CAGR of 11.39% during the forecast period 2021 to 2027.

Mine planning software companies are constantly under pressure to evolve products to meet new challenges and solve new problems. Development of software is a result of both programming foresight and reaction to industry demands. Without mining industry feedback, many of the products now available would probably not have been developed. Mining software is an extremely competitive market which constantly drives the levels of development to new heights. This report also covers details analysis of impact of COVID19 pandemic on mining industry and its influence on the solutions providers.

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The majority of governments consider mining to be essential, meaning that the effect of mitigation on the mining industry and on metal production has been minimal to date. However, increases in metal stocks and decreases in metal prices suggest that the mining industry will be negatively affected by the COVID-19 crisis, at least in the short term. This includes variations in metal and commodity prices and stocks during the crisis and the outlining of two possible scenarios for COVID-19 related impacts. 

The report analyses the global mine planning solutions market includes market data for component, deployment, application and geography. By component, the market is segmented into solutions (integrated solutions and standalone solutions (designing, scheduling, drill & blast and geology)) and training & services. Based on deployment, the market is classified into on premise and cloud. By application, the market is segmented into open mining surfaces and underground mining surfaces. The global mine planning solutions market is studied across various key countries of regions such as, North America, Europe, Asia Pacific and Rest of the World.

The key competitors of this market include Bentley Systems, Incorporated, Dassault Systems (France), Hexagon Ab (Sweden),  Infosys Limited (India), John Wood Group Plc (UK),  Micromine Pty Ltd. (Australia),  Minemax Pty. Ltd (Australia),  Rpmglobal (Australia),  Trimble Inc. (U.S) among others.

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