Global Digital Map Market

Digital Map Market Size, Share, Growth Analysis, By Offering (Solution, Services), By Mapping Type (Outdoor Mapping, Indoor Mapping), By Purpose (Navigation Maps, Thematic Maps), By Scale (Large Scale Maps, Small Scale Maps), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45B2136 | Region: Global | Published Date: November, 2024
Pages: 178 | Tables: 89 | Figures: 71

Digital Map Market Competitive Landscape

In the highly competitive global digital map market, collaboration and innovation are key differentiators. Prominent global corporations comprise Google (with its Maps product), Apple (with its Maps product), HERE Technologies, TomTom, and Esri. These gamers use technological advancements which include artificial intelligence, machine learning and satellite image to create good maps and improve user experience. Their key is in continuous development expenditure in research and development, as well as collaboration with smart city, logistics and automotive projects within this rapidly changing area.

Digital Map Market Top Player’s Company Profiles

  • Google LLC 
  • Apple Inc. 
  • TomTom N.V. 
  • Environmental Systems Research Institute, Inc. (Esri) 
  • HERE Global B.V. 
  • Nearmap Ltd 
  • INRIX, Inc. 
  • LightBox Holdings, L.P. 
  • ServiceNow, Inc. 
  • Inpixon 
  • Microsoft Corporation 
  • Maxar Technologies Inc. 
  • Emapa S.A. 
  • Dabeeo Inc. 
  • Caliper Corporation 
  • C.E. Info Systems Limited (MapmyIndia) 
  • GeoVerra Inc. 
  • Orbital Insight, Inc. 
  • Digimap Limited 
  • MapQuest, Inc.

Digital Map Market

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FAQs

Global Digital Map Market size was valued at USD 23.1 billion in 2022 and is poised to grow from USD 25.9 billion in 2023 to USD 59.6 billion by 2031, growing at a CAGR of 11% during the forecast period (2024-2031).

In the highly competitive global digital map market, collaboration and innovation are key differentiators. Prominent global corporations comprise Google (with its Maps product), Apple (with its Maps product), HERE Technologies, TomTom, and Esri. These gamers use technological advancements which include artificial intelligence, machine learning and satellite image to create good maps and improve user experience. Their key is in continuous development expenditure in research and development, as well as collaboration with smart city, logistics and automotive projects within this rapidly changing area. 'Google LLC ', 'Apple Inc. ', 'TomTom N.V. ', 'Environmental Systems Research Institute, Inc. (Esri) ', 'HERE Global B.V. ', 'Nearmap Ltd ', 'INRIX, Inc. ', 'LightBox Holdings, L.P. ', 'ServiceNow, Inc. ', 'Inpixon ', 'Microsoft Corporation ', 'Maxar Technologies Inc. ', 'Emapa S.A. ', 'Dabeeo Inc. ', 'Caliper Corporation ', 'C.E. Info Systems Limited (MapmyIndia) ', 'GeoVerra Inc. ', 'Orbital Insight, Inc. ', 'Digimap Limited ', 'MapQuest, Inc.'

The need for digital maps has increased dramatically due to the development in smartphone and internet usage worldwide, especially for real-time tracking and navigation. The development and adoption of digital mapping technology have been pushed forward by high consumer demand for reliable navigational tools resulting from increased phone use as well as Internet consumption.

Surge in Autonomous Vehicle Integration: A major trend in the industry that drives the growth of the business is the merging of digital maps and autonomous vehicle technology so that it can move on its own. It might be dangerous for driverless cars if real-time updates are not available for them to use high resolution maps. Corporate entities in the transport sector invest massively in modern cartographical systems that can improve driverless car performance levels while ensuring customer loyalty.

North America currently leads the global market for digital maps, since it has a well-developed technological infrastructure, high GPS and IoT devices penetration rates, and a great deal of money spent on AI and machine learning. This is due to the presence of advanced IT companies; the presence of authoritative bodies in this field; and contribution from various government departments towards realization of smart cities concept. Additionally, North America is positioned as a leader in the digital mapping industry, propelling market growth and development. This is due to the region's focus on innovation and early adoption of cutting-edge technologies, as well as the widespread use of digital maps in industries like automotive, logistics, and navigation.

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Global Digital Map Market

Report ID: SQMIG45B2136

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