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It is anticipated that the size of the digital map market will reach USD 19.8 billion in 2022 and then reach USD 37.5 billion by 2030, expanding at a compound annual growth rate (CAGR) of 15.1% from 2023 to 2030. There are many different causes that are likely to drive the adoption of Digital Map technologies and services. Some of these factors include an increase in expenditure on the adoption of newer technologies, a changing landscape of customer intelligence to drive the market, and the expansion of customer channels.
The process of producing and displaying geographical information in a digital format is what we mean when we talk about digital mapping. It requires the utilisation of computer technology for the purposes of data collection, storage, manipulation, analysis, and presentation of spatial information. The topography, roads, buildings, rivers, boundaries, and points of interest can all be shown on digital maps. Other elements and phenomena that can be represented include rivers and boundaries. The software known as Geographic Information Systems (GIS) is frequently used to make these maps because it enables the integration and analysis of various layers of spatial data.
The capability of digital mapping to deliver information that is both accurate and up to date for a specific location is one of the most significant advantages offered by this kind of mapping. Users are able to view changes in the landscape in real time because to the ability of digital maps to be regularly updated with new data. Because of this, digital mapping is especially helpful in crisis circumstances, where having accurate and up-to-date information at the right time is essential for effective response and recovery activities. In addition to this, digital mapping may also assist in the enhancement of planning and decision-making across a wide range of businesses. For the purpose of urban planning, for instance, digital maps can be used to identify areas of high population density or traffic congestion. This can assist municipal officials in more effectively planning transportation routes and public service routes. A farmer's ability to optimise crop yields and avoid waste can be greatly aided by the use of digital maps in agriculture for analysing the types of soil and the amounts of nutrients. In addition, digital mapping can be of assistance in the process of preserving the natural environment. Researchers and conservationists are able to identify regions that require protection and develop ways to minimise the influence that humans have on the environment by mapping sensitive ecosystems and habitats.
The size of the international digital mapping market is predicted to generate considerable advantages throughout the course of the forecast period due to technical developments and the rising utilisation of computerised maps across a broad variety of disciplines. These factors will contribute to the growth of the market. Planning ahead has recently garnered a lot of attention and has been instrumental in making many previously unavailable options available. The distance between a number of distinct locales can also be calculated with the assistance of this mapping technique. The application of cutting-edge technologies such as artificial intelligence (AI) and machine learning (ML), in addition to the changing nature of consumer intelligence, are the primary reasons that are anticipated to be the primary drivers of the rise of the digital map market throughout the course of the forecast period.
A large number of software companies are focusing their efforts on developing digital map solutions that are on the cutting edge of technology. For example, in January of 2020, the Qatar Computing Research Organisation (QCRI) and the Massachusetts Institute of Technology (MIT) collaborated to build a model that makes use of satellite photos to annotate road features in virtual maps in order to improve GPS navigation. This model was intended to aid in the transportation of goods. The development of consumer channels is an additional element that is anticipated to enhance the utilisation of map services and technologies, which will, in turn, lead to the expansion of the market.
Mobile computing devices, such as smartphones and tablets, are undergoing development and becoming more sophisticated as a direct result of the rapid changes that are occurring in technology. The map software that comes preinstalled on cellphones is one of the more recent additions to the lineup of available functions. Users of smartphones are making considerable use of the mapping programmes that come pre-installed on their devices for the purposes of navigation and driving assistance. In addition, these users are accessing geo-referenced data for the purpose of searching nearby restaurants, movie theatres, and other landmarks through the use of programmes for the Geographic Information System (GIS) and GPS devices. In today's world, mobile computing devices are utilised in order to acquire precise three-dimensional spatial information. In addition, the technology that is already present in smartphones is utilised to record and calibrate video footage, which may then be transformed into 3D maps. A personal digital assistant (PDA) is a software agent that performs activities or services for a user based on user inputs, location awareness, and a range of web sources, such as news, weather, or traffic conditions; user schedules; and retail prices. PDAs are also known as personal digital assistants (PDAs). These resources not only aid the user in navigating, but they also enable people with physical limitations to access the most cutting-edge technology by means of speech services. Examples of personal digital assistants include Cortana, Siri, Amazon Echo, Google Now, and Facebook.
Because they lack the competence and well-skilled technicians who are able to deal with digital spatial data and the challenges that can arise from it, most of the organisations that employ location-based solutions and analytics struggle to effectively utilise the full potential of digital mapping technologies. This is because they use digital mapping technologies. There has been a barrier in the form of a lack of sufficient knowledge and awareness that has been a factor accountable for the slow acceptance of the technology. Therefore, improving the knowledge-sharing and awareness among customers through a variety of ways, such as corporate blogs, forums, industry conferences, and RoI analysis, could help in fuelling the market adoption and expansion of the digital maps market, globally.
Report Coverage
Global Digital Map research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Digital Map report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Digital Map competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Digital Map market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Digital Map market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Digital Map market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
HERE Technologies, MiTAC Holdings Corp., Google LLC, TomTom International BV, Apple Inc., ARC Aerial Imaging Limited, MapQuest, ESRI, Nearmap Ltd., Alibaba Group Holding Limited
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Digital Map market based on the below-mentioned segments:
Global Digital Map Market, By Component
Solution
Service
Global Digital Map market, By Application
Tracking and telematics
Real-time location data Management
Risk assessment and disaster management
Geocoding and geo-positioning
Route planning and optimization
Global Digital Map Market, By End User
Automotive
Infrastructure and energy
Mobile device
Retail
Military & defence
Government
Others
Global Digital Map market, Regional Analysis
The process of producing and displaying geographical information in a digital format is what we mean when we talk about digital mapping. It requires the utilisation of computer technology for the purposes of data collection, storage, manipulation, analysis, and presentation of spatial information. The topography, roads, buildings, rivers, boundaries, and points of interest can all be shown on digital maps. Other elements and phenomena that can be represented include rivers and boundaries. The software known as Geographic Information Systems (GIS) is frequently used to make these maps because it enables the integration and analysis of various layers of spatial data.
The capability of digital mapping to deliver information that is both accurate and up to date for a specific location is one of the most significant advantages offered by this kind of mapping. Users are able to view changes in the landscape in real time because to the ability of digital maps to be regularly updated with new data. Because of this, digital mapping is especially helpful in crisis circumstances, where having accurate and up-to-date information at the right time is essential for effective response and recovery activities. In addition to this, digital mapping may also assist in the enhancement of planning and decision-making across a wide range of businesses. For the purpose of urban planning, for instance, digital maps can be used to identify areas of high population density or traffic congestion. This can assist municipal officials in more effectively planning transportation routes and public service routes. A farmer's ability to optimise crop yields and avoid waste can be greatly aided by the use of digital maps in agriculture for analysing the types of soil and the amounts of nutrients. In addition, digital mapping can be of assistance in the process of preserving the natural environment. Researchers and conservationists are able to identify regions that require protection and develop ways to minimise the influence that humans have on the environment by mapping sensitive ecosystems and habitats.
The size of the international digital mapping market is predicted to generate considerable advantages throughout the course of the forecast period due to technical developments and the rising utilisation of computerised maps across a broad variety of disciplines. These factors will contribute to the growth of the market. Planning ahead has recently garnered a lot of attention and has been instrumental in making many previously unavailable options available. The distance between a number of distinct locales can also be calculated with the assistance of this mapping technique. The application of cutting-edge technologies such as artificial intelligence (AI) and machine learning (ML), in addition to the changing nature of consumer intelligence, are the primary reasons that are anticipated to be the primary drivers of the rise of the digital map market throughout the course of the forecast period.
A large number of software companies are focusing their efforts on developing digital map solutions that are on the cutting edge of technology. For example, in January of 2020, the Qatar Computing Research Organisation (QCRI) and the Massachusetts Institute of Technology (MIT) collaborated to build a model that makes use of satellite photos to annotate road features in virtual maps in order to improve GPS navigation. This model was intended to aid in the transportation of goods. The development of consumer channels is an additional element that is anticipated to enhance the utilisation of map services and technologies, which will, in turn, lead to the expansion of the market.
Mobile computing devices, such as smartphones and tablets, are undergoing development and becoming more sophisticated as a direct result of the rapid changes that are occurring in technology. The map software that comes preinstalled on cellphones is one of the more recent additions to the lineup of available functions. Users of smartphones are making considerable use of the mapping programmes that come pre-installed on their devices for the purposes of navigation and driving assistance. In addition, these users are accessing geo-referenced data for the purpose of searching nearby restaurants, movie theatres, and other landmarks through the use of programmes for the Geographic Information System (GIS) and GPS devices. In today's world, mobile computing devices are utilised in order to acquire precise three-dimensional spatial information. In addition, the technology that is already present in smartphones is utilised to record and calibrate video footage, which may then be transformed into 3D maps. A personal digital assistant (PDA) is a software agent that performs activities or services for a user based on user inputs, location awareness, and a range of web sources, such as news, weather, or traffic conditions; user schedules; and retail prices. PDAs are also known as personal digital assistants (PDAs). These resources not only aid the user in navigating, but they also enable people with physical limitations to access the most cutting-edge technology by means of speech services. Examples of personal digital assistants include Cortana, Siri, Amazon Echo, Google Now, and Facebook.
Because they lack the competence and well-skilled technicians who are able to deal with digital spatial data and the challenges that can arise from it, most of the organisations that employ location-based solutions and analytics struggle to effectively utilise the full potential of digital mapping technologies. This is because they use digital mapping technologies. There has been a barrier in the form of a lack of sufficient knowledge and awareness that has been a factor accountable for the slow acceptance of the technology. Therefore, improving the knowledge-sharing and awareness among customers through a variety of ways, such as corporate blogs, forums, industry conferences, and RoI analysis, could help in fuelling the market adoption and expansion of the digital maps market, globally.
Report Coverage
Global Digital Map research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Digital Map report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Digital Map competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Digital Map market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | HERE Technologies, MiTAC Holdings Corp., Google LLC, TomTom International BV, Apple Inc., ARC Aerial Imaging Limited, MapQuest, ESRI, Nearmap Ltd., Alibaba Group Holding Limited |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Digital Map Market from 2021 to 2030.
- Market Forecast for Digital Map Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Digital Map competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Digital Map
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Digital Map market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Digital Map market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
HERE Technologies, MiTAC Holdings Corp., Google LLC, TomTom International BV, Apple Inc., ARC Aerial Imaging Limited, MapQuest, ESRI, Nearmap Ltd., Alibaba Group Holding Limited
Primary Target Market
- Market Players of Digital Map
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Digital Map market based on the below-mentioned segments:
Global Digital Map Market, By Component
Solution
Service
Global Digital Map market, By Application
Tracking and telematics
Real-time location data Management
Risk assessment and disaster management
Geocoding and geo-positioning
Route planning and optimization
Global Digital Map Market, By End User
Automotive
Infrastructure and energy
Mobile device
Retail
Military & defence
Government
Others
Global Digital Map market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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