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
|
Solutions
|
Services
|
|
|
Mapping Type
|
Indoor Mapping
|
Airports
|
|
Departmental Stores
|
|
Malls
|
|
Others
|
Outdoor Mapping
|
Automotive Navigation
|
|
Mobile and The internet
|
|
Public Sector Agencies
and Enterprise
|
|
Others
|
|
|
Verticals
|
Agriculture, Oil and Gas,
and Other Natural Resources
|
Government and Homeland
Security
|
Infrastructure
Development and Construction
|
Logistics, Travel, and
Transportation
|
Other Verticals
|
|
|
Application
|
Real-Time Location Data
Management
|
Geocoding and
Geo-positioning
|
Routing and Navigation
|
Asset Tracking
|
Other Applications
|
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)