Digital Map Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
“Commercial Vehicles Market Size Worth $2.27 Trillion By 2025�
The global digital map market size is estimated to reach USD 8.76 billion by 2025, growing at a CAGR of 11.5%, according to a new study by Grand View Research, Inc. The market is expected to witness substantial demand from navigational application developers and Geographical Information System (GIS) providers, who in turn are driven by a growing end-user base. The prolific rise in the number of smartphone and internet users has further augmented market growth at the global level.
Digital cartography has been gaining increasing attention in recent years owing to a rapid growth in demand for geospatial information. The growth in the number of connected and semi-autonomous cars, anticipated developments in self-driving and navigation technology, and an increase in the overall number of cars in developing countries are expected to drive the growth for digital maps across the globe.
Applications such as smart parking, location, traffic and congestion intelligence, and logistics management need routing and congestion updates in real time. As digital cartography has been developing at a rapid rate, it can support these applications with data feeds and information. In addition, the increasing number of businesses that are using location-based services for marketing and advertising is also estimated to enhance the demand growth in coming years.
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Digital mapping is also finding renewed demand in the government & public sector as the demand for environmental and topographical information systems is on the rise. Furthermore, the need to maintain an updated information system for law enforcement officials, defense forces, and local governing bodies in light of recent manmade and natural threats is anticipated to propel the demand for maps. Smooth interaction between maps and information systems is one of the most important criteria for product success in the market owing to which vendors are expected to focus more on data integration over the forecast period. As the industry matures, key players are anticipated to indulge in mergers and acquisitions in order to keep abreast of the market developments and maintain a competitive edge in a rapidly evolving technological landscape. Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/digital-map-market
Further key findings from the study suggest: • The effect of recent technological developments and the shift toward smartphones is expected to have a profound effect on the Personal Navigation Devices (PND) market •
Collaborations and partnerships between car manufacturers, in-dash navigation system providers, and digital map data providers are predicted to define the way forward for the market.
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Revenue generation models are estimated to differ considerably over the coming years with some vendors opting for revenue generation from data and information sales, while others opting for location-based services. There is also a high probability of vertical integration in the industry.
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Developing regions in the world are expected to witness exploration activities, whereas developed countries would witness a growth in demand for real-time data and information.
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Asia Pacific is the fastest-growing regional segment due to the growth of smartphone users as well as the number of cars in this region.
Grand View Research has segmented the global digital map market based on technology, usage, service, application, and region: Digital Map Technology Scope (Revenue, USD Million;2014 - 2025) • GIS •
LiDAR
•
Digital Orthophotography
•
Aerial Photography
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Others
Digital Map Usage Scope (Revenue, USD Million;2014 - 2025) • Indoor •
Outdoor
Digital Map Service Scope (Revenue, USD Million;2014 - 2025) • Consulting
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•
Development
•
Management
Digital Map Application Scope (Revenue, USD Million;2014 - 2025) • Automotive •
Military & Defense
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Mobile Devices
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Enterprise Solutions
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Government & Public Sector
Digital Map Regional Scope (Revenue, USD Million;2014 - 2025) • North America
•
•
•
o
U.S.
o
Canada
o
Mexico
Europe o
UK
o
Germany
o
France
Asia Pacific o
China
o
India
o
Japan
South America o
•
Brazil
MEA o
Browse Related Report https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
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Table of Contents Table of Contents Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope and Assumptions 1.3 List of Data Sources Chapter 2 Executive Summary 2.1 Digital Map Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025 2.2 Global digital map market, 2014 - 2025 2.3 Global digital map market, by region, 2014 - 2025 2.4 Global digital map market, by technology, 2014 - 2025 2.5 Global digital map market, by usage, 2014 - 2025 2.6 Global digital map market, by service, 2014 - 2025 2.7 Global digital map market, by application, 2014 - 2025 Chapter 3 Digital Map Industry Outlook 3.1 Market Segmentation 3.2 Market Size and Growth Prospects 3.3 Digital Map - Value Chain Analysis 3.4 Digital Map Market Dynamics 3.4.1 Market driver analysis 3.4.1.1 Increased adoption of internet-enabled smartphones 3.4.1.2 Accelerated use of digital maps in the automotive industry 3.4.2 Market challenge analysis 3.4.2.1 Updating real-time information in digital map datasets 3.4.3 Market restraint analysis 3.4.3.1 High investments in data collection 3.5 Digital Map Market - Company Ranking, 2016 3.5.1 Vendor landscape 3.6 Penetration and Growth Prospect Mapping 3.7 Digital Map - Porter’s Five Forces Analysis 3.8 Digital Map - PESTEL Analysis Chapter 4 Digital Map Complimentory Technology Outlook 4.1 Global In-dash Navigation Systems, Industry Outlook 4.2 Personal Navigation Devices (PND), Industry Outlook 4.2.1 Personal Navigation Devices (PND) market, 2014 - 2025 (USD Million) 4.3 Global Smartphones Industry Outlook 4.3.1 Global smartphone shipments, 2014 - 2025 (USD Million) 4.3.2 Operating systems market, 2014 - 2025 (Million units) 4.3.3 Operating systems (for smartphones) estimated growth, 2014 - 2025 (Million units) 4.4 Navigational applications market share, 2016 (USD Million) Chapter 5 Digital Map Technology Outlook 5.1 Digital Map Market Share By Technology, 2016 & 2025 5.2 GIS 5.2.1 GIS in digital map market, 2014 - 2025 5.3 LiDAR 5.3.1 LiDAR in digital map market, 2014 - 2025 5.4 Digital Orthophotography
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5.4.1 Digital orthophotography in digital map market, 2014 - 2025 5.5 Aerial Photography 5.5.1 Aerial photography in digital map market, 2014 - 2025 5.6 Others 5.6.1 Other technologies in digital map market, 2014 - 2025 Continue………….. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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