Global Digital Map Market Size is estimated to expand rapidly in coming years, at a CAGR of 16.2 % from 2018 to 2025. In 2017, the global market valuation was USD 30.2 billion, and it is anticipated to be greater than USD xx.xx billion by 2025.  The digital map, also known as cartography, is an electronic map, which uses electronic data to combine the graphic components it receives. It is focused on digital cartographic data that is obviously collected and stored. Digital mapping is a method in which information is collected and compiled to create a virtual image. The collected information is used to create digital charts that accurately reflect a specific geographic region or function, including main waterways, highways, and attractions such as clinics, airports, etc. It is also possible to use digital mapping technology to calculate the range between distinct locations.

Increase in the use of geospatial information, smartphones and internet users, 3D platforms& advanced technologies for surveying and making real-time digital maps, are some of the key reasons behind the market growth of digital maps. Regionally, North America has emerged as a consistent player in the global market of a digital map.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global digital map market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global digital map market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Mapping Type Insights: On the basis of mapping type, global digital map market has been segmented into indoor mapping and outdoor mapping. Among which indoor mapping segment is expected to be the highest growing segment in the global market of digital map. Indoor maps have mainly been used for large facilities, including clinics, residential areas, townships, shopping centers and storage facilities. Indoor applications are used for extracting 2D and 3D mapping and navigation with the help of techniques and basic methods.   

By Vertical Insights: On the basis of vertical, global digital map market has been segmented into agriculture, oil & gas, and other natural resources, infrastructure development & construction, government & homeland security, logistics, travel, & transportation, others. In the construction and engineering segment, digital mapping plays an indispensable part, as they support all stages of the infrastructure parts. Further, these approaches support the management to sharing of information by construction engineers, reporting and visualization of land information to be evaluated and conveyed. Digital maps contribute to increased security and network maintenance costs.

Regional Analysis

The digital map market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.

In terms of region, North America played an important role in the global market of digital maps. Due to the existence of technically advanced organizations such as, Google, Apple, Mapbox, DigitalGlobe, and Magellan, which are prominent contributors of the growth of digital map market, North America is witness advancements in digital mapping market. Growth in this area is driven by the growing implementation of electronic mapping technologies in multiple sectors, such as manufacturing, power and services, public, defense and tourism. Digitally planning alternatives in this area, by enabling organizations to trace the land more effectively, measure harm in actual time, boost knowledge of situation through high-level planning, and to offer relief to impacted regions quicker, cheaper and more efficiently, perform an important part in natural disaster management, including earthquakes, earthquakes, thunders and wildfires. In a view of rapid supply for GIS technologies, geospatial data and associated facilities in the region, Asia Pacific region is anticipating to appear as the highest growing region during this forecast period. The increased utilization by authorities of digital maps for rural and agricultural development, smart cities and the development of industrial and transport infrastructures, among other things, was the main cause of national growth. Addionally, developing economies in the APAC region such as China and India, have developed new business opportunities for the vendors in the region, which will contribute to the market’s growth.

Global Digital Map Market Size, Share Analysis by Region 2017

Global Digital Map Market Study Objective

1. To forecast the market size of digital map market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of digital map market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of digital map market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of digital map market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the digital map market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

ESRI, Inc., Google, Inc., DigitalGlobe, Inc., Apple Inc., HERE Holding Corporation, Getmapping PLC, Micello, Inc., and TomTom International B.V. are some of the key players in the market of digital map. These organizations engage in distinct procedures such as information compilation, data processing, digital map development, and production, and deal with multiple end needs throughout the value chain. Map implementations provide consumers with the data connected with those paths, including traffic jams and various paths, and greenhouse gas emissions.

Global Digital Map Market Study Report Offer You!

The global digital map market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.