Digital Map Market Insights: Trends, Analysis, and Growth Forecast


Posted November 23, 2023 by Delvens124

The global digital map market size is estimated to reach a CAGR of 14.80% from 2021 to 2028.

 
Delvens unveil the report title Digital Map Market estimates to achieve the highest CAGR during the project period. The Digital Map Market research report is unbiased as it provides market drivers, restraints, challenges, and opportunities. In addition, the report encompasses several factors that have contributed to the growth of the market in recent years. Finally, the report provides a market introduction incorporating research scope, methodology, market segmentation, definition, and assumptions.
Digital Map Market by Component, Mapping Type (Outdoor and Indoor), Application (Real-time Location Data Management, Geocoding and Geopositioning, Routing and Navigation, and Asset Tracking), Vertical, and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Digital Map Market Overview
The global digital map market size is estimated to reach a CAGR of 14.80% from 2021 to 2028.
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The digital map also called as cartography is an electronic map, which operation is based on a combination of graphic elements assigned to it in the form of electronic information. It is based on naturally harvested and processed into digital cartographic data.
Significant rise in demand from navigational application developers and Geographical Information System (GIS) providers, driven by a growing end-user base, and prolific rise in the number of smartphone and internet users are some of the factors that have supported long-term expansion for Digital Map Market.
Digital Map Market Regional Analysis
The APAC digital map market is experiencing a disruptive growth, owing to its rapidly growing number of internet subscribers and consumption of internet over smartphones and other portable devices. The market is expected to grow at an even higher rate than present due to the ever-increasing consumption of content in major APAC economies such as China, India, Australia, Japan, Singapore, and Hong Kong are the major contributing factors for the growth of the digital map market in this region.
Digital Map Market Competitive Landscape
Key Players
• ESRI, Inc.
• Google, Inc.
• DigitalGlobe, Inc.
• Apple Inc.
• HERE Holding Corporation
• Getmapping PLC
• Micello, Inc.
• TomTom International B.V
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Recent Developments in the Digital Map Market
• In July 2019, Esri partnered with Mobileye to integrate advanced data collection capabilities of Mobileye into Esri’s platform as native service. The integration enabled Esri customers to visualize and analyze real-time HD maps.
• In June 2019. TomTom collaborated with European Union Data Task Force (DTF) for innovative road safety solution by working on the Proof of Concept (PoC) to improve road safety; in PoC vehicles and infrastructure data are shared between countries and manufacturers. This technology enables vehicles to detect and warn occupants about dangerous road conditions.
Reasons to Acquire Digital Map Market Report
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Digital Map Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Table of Contents
Digital Map Market is segmented into component, mapping type, solutions, services, applications, vertical and region.
On the basis of Component
Solutions
Services
On the basis of Mapping Type
Outdoor mapping
Indoor mapping
On the basis of Digital Map
Mapping Data
Web Mapping
GPS-enabled Services
On the basis of Services
Consulting
Cross-platform Support
Deployment & Integration
On the basis of Applications
Real-time Location Data Management
Geocoding & Geopositioning
Routing & Navigation
Asset Tracking
On the basis of Vertical
Agriculture, Oil & Gas, and Other Natural Resources
Infrastructure Development & Construction
Government & Homeland Security
Logistics, Travel, & Transportation
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
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Issued By Delvens
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Categories Reports , Research
Last Updated November 23, 2023