The global digital map market grew at a CAGR of around 15% during 2014-2019. Looking forward, IMARC Group expects the global digital map market to continue its strong growth during the next five years.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Rapid urbanization and the increasing adoption of mobile computing devices for navigation are among the key factors driving the growth of the market. There is a rising demand for 3D platforms and advanced technologies that use visualization, simulations and dynamic location-based inputs.