Huge Demand for Mine Planning Solutions

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With the growing digitalization globally, the adoption of advanced technologies is boosting across various industrial sectors such as mining industry. Previously, the technological advancements have played a significant role in developing the mining sector and creates opportunity to adopt the way for new mine planning solutions. The mining organizations are  looking for innovative ways to expand their productivity as well as operating mines with superior efficiency. 

The global mine planning solution market is segmented on the basis of component, deployment, and application. Based on component, the market is segmented into solution and services. Based on deployment, the market is segmented intocloud and on-premises. Based on application, the market is segmented intounderground mining and surface mining.Bentley Systems, Dassault Systems, Hexagon AB, Infosys Limited, John Wood Group PLC, Maptek Pty Ltd., Micromine, Minemax, MineRP, RPMGlobalare a few of the key players operating in the global mine planning solution market. Some of the recent developmentsin the mine planning market are Hexagon AB partnered with Proudfoot to develop safety-driven solution for mining industry in 2020. 

Similarly, in the same year, RPMGlobal has added mine scheduling optimization capability to its expanding mining software remit acquired Revolution Mining Software. Additionally, the region's mining activities are increasing due to the surge in the consumption of precious metals and base metals in several applications. Further, the rise in commodity prices is also fueling the mining sector's growth in the region. Several international players are investing in the gold mining sector in Canada that provides a steady macroeconomic environment as well as enjoys favorable government support.

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