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The global digital map market reached a value of US$ 4.17 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.98 Billion by 2027, exhibiting a CAGR of 14.06% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A digital map refers to a web-based software solution that is used to represent a specific road, area or geographical location. It is virtually created by collecting data and formatting it into an image through digital formatting that is presented on a digital interface. It consists of various graphical elements that are combined to provide information of waterbodies, roads and important landmarks in a given area. It is also used for calculating distances between different places. Digital maps offer various benefits, such as scalability, accuracy, real-time information, interaction and compact systems to operate. Owing to this, they find extensive applications in smart parking, location, traffic and congestion intelligence, navigation and logistics management.
Rapid urbanization and the increasing adoption of mobile computing devices for navigation are among the key factors driving the growth of the market. There is a rising demand for 3D platforms and advanced technologies that use visualization, simulations and dynamic location-based inputs. Furthermore, the increasing utilization of digital maps in the construction and engineering sectors is also providing a boost to the market growth. Construction engineers visualize territorial data for efficient infrastructural planning and implementing adequate safety measures in buildings. Additionally, various technological advancements, such as the advent of cloud technology and big data in digital mapping solutions to process large amounts of geospatial information, are acting as another growth-inducing factor. The adoption of real-time digital maps in passenger and commercial vehicles, along with the development of user-friendly platforms, are some of the other factors that are expected to drive the market further.
IMARC Group provides an analysis of the key trends in each sub-segment of the global digital map market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, usage, solution, deployment mode, application and end-use industry.
Breakup by Type:
Breakup by Usage:
Breakup by Solution:
Breakup by Deployment Mode:
Breakup by Application:
Breakup by End-Use Industry:
Breakup by Region:
The report has also analysed the competitive landscape of the market with some of the key players being 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.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Usage, Solution, Deployment Mode, Application, End-Use Industry, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||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 and TomTom International B.V.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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