Digital Map Market

Market Overview:

The global digital map market size reached US$ 4.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.1 Billion by 2028, exhibiting a growth rate (CAGR) of 14% during 2023-2028. The growing demand for location-based services across various industries, the proliferation of mobile devices and high-speed internet, and ongoing technological advancements in the industry represent some of the key factors driving the market.

A digital map is an electronic representation of geographic information that can be viewed, analyzed, and manipulated on a computer or mobile device. It is created virtually by collecting, processing, and organizing data from various sources, such as satellite imagery, global positioning system (GPS) technology, aerial photography, and survey data, and presenting it digitally. A digital map consists of multiple layers of information, such as roads, buildings, land use, and natural features, that can be displayed individually or in combination to provide a comprehensive view of a particular area. In addition to this, it offers the advantages of scalability, accuracy, real-time information, interaction, and ease of use. A digital map can be accessed and used by individuals, businesses, government agencies, and other organizations for various purposes such as navigation and transportation planning, environmental analysis, and natural disaster response.

Digital Map Market Trends:

The rising demand for location-based services (LBS) across various industries, such as transportation, retail, and healthcare, represents one of the key factors driving the market growth. Besides this, the proliferation of mobile devices such as smartphones and tablets and easy access to high-speed internet has increased the adoption of digital maps and navigation systems, creating a favorable outlook for the market. Moreover, the bolstering growth of the automotive industry, with an increasing demand for connected and autonomous vehicles, is impelling the need for digital maps to provide real-time traffic and road data. In addition to this, the rising demand from the construction industry for visualizing territorial data to facilitate infrastructural planning and implementing safety measures in buildings is contributing to the market growth. Furthermore, the widespread adoption of advanced technologies for surveying and digital map-making, along with ongoing advancement in geographical information systems (GIS) technology that enables the creation of more detailed and precise digital maps, are presenting remunerative growth opportunities for the market. Concurrent with this, the expanding use of three dimensions (3D) platforms and innovative technologies that use visualization, simulations, and dynamic location-based inputs is acting as another significant growth-inducing factor.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global digital map market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, usage, solution, deployment mode, application and end-use industry.

Type Insights:

• GIS
• LiDAR
• Digital Orthophotography
• Aerial Photography
• Others
   

The report has provided a detailed breakup and analysis of the digital map market based on the type. This includes GIS, LiDAR, digital orthophotography, aerial photography, and others. According to the report, GIS represented the largest segment.

Usage Insights:

• Indoor
• Outdoor
   

A detailed breakup and analysis of the digital map market based on the usage has also been provided in the report. This includes indoor and outdoor. According to the report, outdoor accounted for the largest market share.

Solution Insights:

• Software
• Services
   

The report has provided a detailed breakup and analysis of the digital map market based on the solution. This includes software and services. According to the report, software represented the largest segment.

Deployment Mode Insights:

• Cloud-based
• On-premise
   

A detailed breakup and analysis of the digital map market based on the deployment mode has also been provided in the report. This includes cloud-based and on-premises. According to the report, on-premises accounted for the largest market share.

Application Insights:

• Real-Time Location Data Management
• Geocoding and Geopositioning
• Routing and Navigation
• Asset Tracking
• Others
   

The report has provided a detailed breakup and analysis of the digital map market based on the application. This includes real-time location data management, geocoding and geopositioning, routing and navigation, asset tracking, and others. According to the report, routing and navigation represented the largest segment.

End-Use Industry Insights:

• Automotive
• Engineering and Construction
• Logistics and Transportation
• Energy and Utilities
• Military, Aerospace and Defense
• Others
   

A detailed breakup and analysis of the digital map market based on the end use industry has also been provided in the report. This includes automotive, engineering and construction, logistics and transportation, energy and utilities, military, aerospace and defense, and others. According to the report, automotive accounted for the largest market share.

Regional Insights:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for digital map. Some of the factors driving the North America digital map market included the rising demand for location-based services, increasing use of mobile technologies for navigation, and ongoing product innovation.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global digital map market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Apple Inc., Collins Bartholomew, Digital Map Products Inc. (LightBox), Environmental Systems Research Institute Inc., Getmapping, Google LLC (Alphabet Inc.), HERE Technologies, MAPQUEST INC. (America Online), Maxar Technologies, Nearmap, ThinkGeo LLC, TomTom International B.V., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the digital map market from 2017-2028.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the global digital map market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the digital map industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.