Digital Map Market Size, Share, Demand, Growth & Value Analysis
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)
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.
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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.
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 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.
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Report Scope
Digital Map Market is segmented into component, mapping type, solutions, services, applications, vertical and region.
On the basis of Component
o Solutions
o Services
On the basis of Mapping Type
o Outdoor mapping
o Indoor mapping
On the basis of Digital Map
o Mapping Data
o Web Mapping
o GPS-enabled Services
On the basis of Services
o Consulting
o Cross-platform Support
o Deployment & Integration
On the basis of Applications
o Real-time Location Data Management
o Geocoding & Geopositioning
o Routing & Navigation
o Asset Tracking
On the basis of Vertical
o Agriculture, Oil & Gas, and Other Natural Resources
o Infrastructure Development & Construction
o Government & Homeland Security
o Logistics, Travel, & Transportation
On the basis of Region
o Asia Pacific
o North America
o Europe
o South America
o Middle East & Africa
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