Digital Map Market - Trends Forecast Till 2028

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)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-IT-DMM-912

Format:  

Number of Pages: 385

Domain: IT & Telecom

Digital Map Market – Trends Forecast Till 2028

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

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 Research Report

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 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

Insights are provided for each region and major countries within the regions

Digital Map Market Primary Respondent

 

Key Players

  • ESRI, Inc.
  • Google, Inc.
  • DigitalGlobe, Inc.
  • Apple Inc.
  • HERE Holding Corporation
  • Getmapping PLC
  • Micello, Inc.
  • TomTom International B.V

Recent Developments

  • 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

  • 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

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 14.8% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

Component, mapping type, solutions, services, applications, vertical and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

ESRI, Inc.; Google, Inc.; DigitalGlobe, Inc.; Apple Inc.; HERE Holding Corporation; Getmapping PLC; Micello, Inc.; and TomTom International B.V.

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