Digital Map Market
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The global digital map market size is estimated to grow at a CAGR 15.37% rate during the forecast period. Major growth factors for the market include the increase in the use of geospatial information, smartphones, and internet users, and the rise in the adoption of digital maps among various verticals are expected to be the significant factors driving the growth of the global market.
Indoor mapping to grow at the highest CAGR. Indoor mapping is deployed primarily for big complexes, such as hospitals, residential areas, townships, shopping malls, and warehouses. The methods and techniques used in indoor location applications enable accurate 2D and 3D mapping, and navigation.
Infrastructure development and construction to hold the largest market share. Digital map solutions play an essential role in the construction and engineering companies, as they support all phases of the infrastructure life cycle. Moreover, these solutions help construction engineers manage and share data, generate reports, and visualize territory data, which can be analyzed and communicated to others.
North America to hold the largest market share. North America is witnessing advancement in mapping technology and the presence of tech giants, such as Google, Apple, Mapbox, DigitalGlobe, and Magellan, which are the main contributors to the growth of the market in the region. Growing adoption of digital map solutions in various industries, such as automotive, energy and utilities, government and defense, and transportation, to achieve submeter accuracy is contributing to the growth in this region.
Key market players include Google (US), TomTom (Netherland), Esri(US), Here (Netherland), Digital Map Products Inc.(US), Nearmap(Australia), Magellan(US), Apple (US), Mapquest (US).
Key Questions Addressed by the Report
- What are the opportunities in the market?
- What is the competitive landscape in the market?
- What are the data regulations that will impact the market?
- What are the major growth factors for the market in North America?
- What are the dynamics of the market?
2. Research Methodology
Limitation and Assumptions
3. Executive Overview
4. Market Overview
5. Digital Map Market, By Application
Routing and Navigation
Real-Time Location Data Management
Geocoding and Geopositioning
6. Digital Map Market, By Vertical
Government and Homeland Security
Agriculture, Oil and Gas, and Other Natural Resources
Logistics, Travel, and Transportation
Infrastructure Development and Construction
7. Digital Map Market, By Component
8. Digital Map Market, By Mapping Type
9. Digital Map Market, By Region
Rest of Europe
Rest of APAC
Rest of Middle East
Rest of the World
10. Company Profiles
Digital Map Products
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