Digital Map Market

The global digital map market is foreseen to grow by 13.8%, from USD 18.45 Billion in 2021 to USD 51.95 Billion in 2029. Rising adoption of mobile computing devices for navigation, and significant growth in the use of geospatial information are some of the factors driving the market for the estimated forecast period. However, lack of expertise, regulations, and legal issues are seen to hamper the market growth for the estimated period.

Market Definition

What is a digital map?

The digital map is an electronic map, which operation is based on a combination of graphic elements assigned to it in the form of electronic information. It is based on naturally harvested and processed into digital cartographic data. Advantages of digital maps compared with paper maps are visible at first glance

Market Overview

The digital map market search study helps to thoroughly understand the current trend in the market competitive analysis of the players in the emerging market. Moreover, the DRO in the digital map market offers valuable perspicuity and a current scenario for making the right decision. The research study covers the eminent players in the market with a detailed analysis of the company and a financial overview containing their net sales, business mix and geographical reach It mainly focuses on the key developments of the products/services offered by the company in recent years. Besides, we at Zettabyte have the expertise to analyses the global digital map market player's competitive landscape helping the client comprehend their specific strategic growth approaches.

digital map Market study by "Zettabyte Analytics" offers details about the market scope, market segmentation, technological advancement in the digital map market and highlights the optimistic, competitive landscape and trends enduring over the years.

Major players in the digital map market include Alibaba Group, Arc Aerial Imaging Limited, Caliper Corporation, Emapa, Esri, Geocento, Geospin, Geoverra, Google Inc., Here Technologies, Indooratlas, Inpixon, Inrix, Lightbox, Mapidea, Mapmyindia, Mapquest, Mapsted, Meta, Micello, Inc., Mitac International Corporation, Nearmap Ltd., Oneview, Orbital Insight, Servicenow, Tomtom International Bv, Urthecast.

COVID-19 Impact on Global digital map Market

The global impact of COVID-19 has lost millions of lives with a massive cost to the healthcare system. Moreover, the treatment cost for patients with COVID-19 has also had a financial impact globally. The impact of COVID-19 on the digital map Market has forced the companies to change their sourcing, pricing, and promotion strategies. The digital map market players are seen focusing more on optimizing the Data Centre & Networking with the rising innovations in the digital sector, which are creating new business models for the Data Centre & Networking industry player.

Research Scope

The report provides market value for the base year 2021 and a yearly forecast from 2022 to 2029 in revenue (USD Million/ Billion). The market for each segment is present in North America, Europe, Asia Pacific, Latin America, Middle East & Africa, and the regional basis for the forecast mentioned above.

Key industry dynamics, regulatory scenarios, major material dynamics and digital map Market future markets are analyzed to understand their impact on demand for the forecast period. Growth rates have been estimated using correlation, regression and time-series analysis.

Market Segmentation

For the purpose of this report, the global digital map market segmented on the basis of component, mapping type, verticals, application, and region:

Component Outlook:

On the basis of component, the market is segmented into solutions, services.

Figure 1 Component Outlook (Revenue, USD Million, 2021)

Mapping Type Outlook:

On the basis of Mapping Type, the market is segmented into Indoor Mapping, Outdoor Mapping. Further, Indoor Mapping is segmented into Airports, Departmental Stores, Malls, Others. Further, Outdoor Mapping is segmented into Automotive Navigation, Mobile and The internet, Public Sector Agencies and Enterprise , Others.

Figure 2 digital map Market By Mapping Type (Market Size And Forecast By Value USD Million, 2021 & 2029)