Digital Map Market Size to Grow by USD 8.59 billion | Market Research Insights Highlight Increased Adoption of IoT Devices as Key Driver

Digital Maps Market Covers the Following Areas:

Scaling the digital map market
Digital Map Market Forecast
Digital Map Market Analysis

Seller Insights

The Digital Maps market is segmented, and the vendors propagate growth strategies such as developing innovative products and solutions to compete in the market. The report analyzes the competitive landscape of the market and provides information on several market vendors, including:

  • Alibaba Group Holdings Limited.
  • Alphabet Inc.
  • Apple company
  • Digital Map Products Company
  • Environmental Systems Research Institute.
  • Here Global BV
  • indoo.rs GmbH
  • Navinfo Co., Ltd.
  • Nearmap Ltd.
  • TomTom International BV

Find out more highlights about vendor growth strategies and their product offerings, Read a free sample report.

Geographical market analysis

APAC will provide maximum growth opportunities in the digital map market during the forecast period. According to our report, the region will contribute 41% of the global market growth and is expected to dominate the market until 2025. China, JapanAnd India The major markets for digital maps are in the Asia Pacific region. The market growth in the Asia-Pacific region will be faster than the market growth in other regions.

Learn more about the geographical distribution of this market along with detailed analysis of the top regions. View our report snapshot

Major Sector Analysis

The growth of digital map market share by the navigation segment will be significant during the forecast period. Navigation charts are charts for navigators to display meteorological, hydrographic and nautical conditions. These maps are used in automotive applications. The adoption of digital maps is prevalent in car applications for driver assistance applications.

Free sample offer: To learn more highlights and key points about different market segments and their impact in the coming years.

Market Drivers and Key Challenges:

The increasing adoption of IoT devices is driving the growth of the digital map market. Many IoT devices and applications use digital maps for their services, which is driving the growth of the satellite map market.

However, factors such as mobile app security and privacy may challenge the market growth. There is an urgent need to adopt best practices for data security, application security, and privacy due to the accelerated use of mobile application-based location services integrated with digital maps.

Download Free Sample To highlight market drivers and challenges affecting the digital map market.

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Digital Map Market Scope

Report coverage

details

page number

120

base year

2020

prediction period

2021-2025

Growth Momentum and CAGR

Slowing at a compound annual growth rate of 22.94%

Market Growth 2021-2025

8.59 billion US dollars

Market Structure, Market Structure

fragmented

Annual Growth (%)

24.14

Regional Analysis

Asia Pacific, North America, Europe, South America, Middle East and Africa

Market share performance

Asia Pacific 41%

Main consuming countries

The United States, China, Germany, Japan, India and Mexico

Competitive scene

Leading companies, competitive strategies and scope of consumer engagement

Company Profile

Alibaba Group Holding Ltd. and Alphabet Inc. and Apple Inc. and Digital Map Products Inc. and Environmental Systems Research Institute Inc. and HERE Global BV, indoo.rs GmbH, and NavInfo Co. Ltd. and Nearmap Ltd. and TomTom International BV

market dynamics

Key market analysis, market growth triggers and obstacles, Analysis of fast-growing and slow-growing segments, Impact of COVID-19 and future consumer dynamics, Market status analysis for the forecast period,

field of personalization

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about us:

Technavio is a global leader in technology research and consulting. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and develop effective strategies to improve their market positions. With over 500 dedicated analysts, Technavio’s reporting library consists of more than 17,000 reports and statistics, covering 800 technologies, spanning across 50 countries. Their client base consists of organizations of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in current and potential markets and to assess their competitive positions within changing market scenarios. .

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