Overview
Digital Map Market is forecast to
reach $29.67 billion by 2025, after growing at a CAGR of 13.81% during 2020-2025.
The rise in use of smartphones for navigation systems using Global positioning
system (GPS) by mobile workforce is analyzed to drive the overall market demand
for Digital Map during the forecast period. Moreover the use of digital maps in
precision farming, surveying, and construction is further set to assist the
market growth during the forecast period.
Report Coverage
The report: “Digital Map Market – Forecast (2019-2024)”, by IndustryARC, covers
an in-depth analysis of the following segments of the Digital Map Market.
Key Takeaways
- North America dominates the Digital Map market owing to increasing demand from applications such as automotive, construction and many other industries.
- Increasing adoption of mobile devices for navigation, 3D mapping platforms & advanced technologies for surveying applications are analyzed to drive the market during the forecast period 2020-2025.
- With the increase in collaborations and partnerships between automotive manufacturers and digital map providers, automotive industry is analyzed to witness fastest growth during the forecast period.
Digital Map Market Segment Analysis - By Technology
Digital Orthophotography held the
largest share and is also anticipated to grow at highest growth rate during the
forecast period 2020-2025. Digital Orthophotography technology avails farmers
with digital farm management services that help in analyzing the high & low
fertile area of the farm and many other factors that supports farmers in making
decisions based on concrete data. Digital maps are also used in military
applications in providing the area map to the soldiers with the data collected
through drones and helps in identifying any threats. Therefore the demand from
these applications is analyzed to impact the growth of the digital map market.
Digital Map Market Segment Analysis - By Application
Automotive
sector dominates the market for Digital Map during the forecast period
2020-2025 by growing at a CAGR of 15.2%. With the increasing demand for
autonomous vehicles and usage of digital maps for navigation is further
elevating the digital map market. Moreover the significant rise developments in
the digital map technologies that facilitate autonomous vehicles with exact
location, environment and drivable path, with high levels of accuracy,
robustness, reliability and other factors are impacting the growth of the
digital map market. The increase in collaborations and partnerships of major
companies such as Nissans partnership with Tom Tom Internatinal BV., and so on
are further boosting the market. Furthermore, in 2019, Nissan has launched
Nissan LEAF, a connected electric car with the digital maps and traffic from
Tom Tom. Therefore the increase in the developments from the automotive sector
are boosting up the Digital Map market during the forecast period 2020-2025.
Digital Map Market Segment Analysis - By Geography
In 2018, North America dominated the Digital Map market
with a market share of 27%, followed by APAC and Europe. With the presence of
the major players and ease of availability of digital cartography services for
automotive, transportation & logistics, and construction industries are
further boosting the market in North America. Moreover, with more than 11 million
vehicles traveling on the U.S. roads, which is 11.5 percent of the total
vehicles in the world as reported by the OICA in 2018, there will be significant
demand for Digital Map in the automotive application from this region. APAC is analyzed to grow at highest
rate during the forecast period owing to the wide range of usage of digital
maps in the automotive navigation applications. However the presence of large
automobile manufacturers in this region and the employment of digital maps is
analyzed to be the leading factor affecting the market. Apart from automotive the
usage of digital maps in precision farming, fleet management, construction, and
aerial intelligence sectors for obtaining geographic information system is
further boosting the digital maps market. In May 2019, London government has
stated to develop a digital map of pipes and cables that are underneath, in
order to prevent accidents and disruption to the economy using Geomorphological
Mapping technology. These developments are also contributing to the growth in
the Digital map market during the forecast period.
Digital Map Market Drivers
·
Growing demand for mobile
devices integrated with digital maps
Alongside the
increasing usage of smartphones, the rapid developments in smartphone
applications for navigation are significantly impacting the growth of the
digital map market. Most the devices equipped with the navigation applications
using digital maps provide the user with exact locations, best routes with high
level of accuracy, robustness and reliability. Apart from navigation these
devices are also used in real time asset tracking, delivery tracking and so on,
is also analyzed to be the driving factor for digital map market. Therefore the
wide employment of these devices integrated with digital mapping technology is
acting as a key driving factor for Digital map market for the forecast period
2020-2025.
Digital Map Market Challenges
·
User
Privacy and Security Concerns in Mobile applications
With the increased usage of mobile
application based navigation services that are integrated with digital maps,
there is a dire need to adopt best practices for data security, app security
and privacy of the user. While developing these type of applications, the
developers often overlook certain standards that later fail to attain the
required security levels. In these cases, the hackers can successfully perform
phishing attacks and lead to damage. Therefore these issues are currently
hampering the digital map market growth and is set to continue during 2020-2025.
Digital Map Market Landscape
Acquisitions and R&D activities are key strategies
adopted by players in the Digital Map market. In 2018, the Digital Map market has
been analyzed to be consolidated by the top five players with major market
share including Google Inc., TomTom International B.V., Esri, Here
technologies, Digital Map Products Inc., Apple Inc., Autonavi., Nearmap Ltd.,
ThinkGeo LLC., Maxar Technologies among others.
Acquisitions/Technology Launches
Ø In
2019, Bridgestone
corp. has acquired Tom Tom Telematics for $1.034bn to strengthen its digital
capabilities.
Ø In
July 2019, Esri has partnered with Mobileye for instant updates. Esri has
stated that users will be able to visualize and analyze the real time HD map.
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LIST OF TABLES
1.Global Digital Map Market By Component Market 2023-2030 ($M)1.1 Solutions Market 2023-2030 ($M) - Global Industry Research
1.2 Services Market 2023-2030 ($M) - Global Industry Research
2.Global Digital Map Market By Solution Market 2023-2030 ($M)
2.1 Tracking & Telematics Market 2023-2030 ($M) - Global Industry Research
2.2 Catchment Analysis Market 2023-2030 ($M) - Global Industry Research
2.3 Risk Assessment & Disaster Management Market 2023-2030 ($M) - Global Industry Research
2.4 Route Optimization & Planning Market 2023-2030 ($M) - Global Industry Research
2.5 Geo-Analytics & Visualization Market 2023-2030 ($M) - Global Industry Research
3.Global Digital Map Market By Service Market 2023-2030 ($M)
3.1 Consulting & Advisory Market 2023-2030 ($M) - Global Industry Research
3.2 Deployment & Integration Market 2023-2030 ($M) - Global Industry Research
3.3 Support & Maintenance Market 2023-2030 ($M) - Global Industry Research
4.Global Digital Map Market By Vertical Market 2023-2030 ($M)
4.1 Energy & Utilities Market 2023-2030 ($M) - Global Industry Research
4.2 Construction & Engineering Market 2023-2030 ($M) - Global Industry Research
4.3 Government & Defense Market 2023-2030 ($M) - Global Industry Research
4.4 Automotive Market 2023-2030 ($M) - Global Industry Research
4.5 Retail & Real Estate Market 2023-2030 ($M) - Global Industry Research
5.Global Digital Map Market By Component Market 2023-2030 (Volume/Units)
5.1 Solutions Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Services Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Digital Map Market By Solution Market 2023-2030 (Volume/Units)
6.1 Tracking & Telematics Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Catchment Analysis Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Risk Assessment & Disaster Management Market 2023-2030 (Volume/Units) - Global Industry Research
6.4 Route Optimization & Planning Market 2023-2030 (Volume/Units) - Global Industry Research
6.5 Geo-Analytics & Visualization Market 2023-2030 (Volume/Units) - Global Industry Research
7.Global Digital Map Market By Service Market 2023-2030 (Volume/Units)
7.1 Consulting & Advisory Market 2023-2030 (Volume/Units) - Global Industry Research
7.2 Deployment & Integration Market 2023-2030 (Volume/Units) - Global Industry Research
7.3 Support & Maintenance Market 2023-2030 (Volume/Units) - Global Industry Research
8.Global Digital Map Market By Vertical Market 2023-2030 (Volume/Units)
8.1 Energy & Utilities Market 2023-2030 (Volume/Units) - Global Industry Research
8.2 Construction & Engineering Market 2023-2030 (Volume/Units) - Global Industry Research
8.3 Government & Defense Market 2023-2030 (Volume/Units) - Global Industry Research
8.4 Automotive Market 2023-2030 (Volume/Units) - Global Industry Research
8.5 Retail & Real Estate Market 2023-2030 (Volume/Units) - Global Industry Research
9.North America Digital Map Market By Component Market 2023-2030 ($M)
9.1 Solutions Market 2023-2030 ($M) - Regional Industry Research
9.2 Services Market 2023-2030 ($M) - Regional Industry Research
10.North America Digital Map Market By Solution Market 2023-2030 ($M)
10.1 Tracking & Telematics Market 2023-2030 ($M) - Regional Industry Research
10.2 Catchment Analysis Market 2023-2030 ($M) - Regional Industry Research
10.3 Risk Assessment & Disaster Management Market 2023-2030 ($M) - Regional Industry Research
10.4 Route Optimization & Planning Market 2023-2030 ($M) - Regional Industry Research
10.5 Geo-Analytics & Visualization Market 2023-2030 ($M) - Regional Industry Research
11.North America Digital Map Market By Service Market 2023-2030 ($M)
11.1 Consulting & Advisory Market 2023-2030 ($M) - Regional Industry Research
11.2 Deployment & Integration Market 2023-2030 ($M) - Regional Industry Research
11.3 Support & Maintenance Market 2023-2030 ($M) - Regional Industry Research
12.North America Digital Map Market By Vertical Market 2023-2030 ($M)
12.1 Energy & Utilities Market 2023-2030 ($M) - Regional Industry Research
12.2 Construction & Engineering Market 2023-2030 ($M) - Regional Industry Research
12.3 Government & Defense Market 2023-2030 ($M) - Regional Industry Research
12.4 Automotive Market 2023-2030 ($M) - Regional Industry Research
12.5 Retail & Real Estate Market 2023-2030 ($M) - Regional Industry Research
13.South America Digital Map Market By Component Market 2023-2030 ($M)
13.1 Solutions Market 2023-2030 ($M) - Regional Industry Research
13.2 Services Market 2023-2030 ($M) - Regional Industry Research
14.South America Digital Map Market By Solution Market 2023-2030 ($M)
14.1 Tracking & Telematics Market 2023-2030 ($M) - Regional Industry Research
14.2 Catchment Analysis Market 2023-2030 ($M) - Regional Industry Research
14.3 Risk Assessment & Disaster Management Market 2023-2030 ($M) - Regional Industry Research
14.4 Route Optimization & Planning Market 2023-2030 ($M) - Regional Industry Research
14.5 Geo-Analytics & Visualization Market 2023-2030 ($M) - Regional Industry Research
15.South America Digital Map Market By Service Market 2023-2030 ($M)
15.1 Consulting & Advisory Market 2023-2030 ($M) - Regional Industry Research
15.2 Deployment & Integration Market 2023-2030 ($M) - Regional Industry Research
15.3 Support & Maintenance Market 2023-2030 ($M) - Regional Industry Research
16.South America Digital Map Market By Vertical Market 2023-2030 ($M)
16.1 Energy & Utilities Market 2023-2030 ($M) - Regional Industry Research
16.2 Construction & Engineering Market 2023-2030 ($M) - Regional Industry Research
16.3 Government & Defense Market 2023-2030 ($M) - Regional Industry Research
16.4 Automotive Market 2023-2030 ($M) - Regional Industry Research
16.5 Retail & Real Estate Market 2023-2030 ($M) - Regional Industry Research
17.Europe Digital Map Market By Component Market 2023-2030 ($M)
17.1 Solutions Market 2023-2030 ($M) - Regional Industry Research
17.2 Services Market 2023-2030 ($M) - Regional Industry Research
18.Europe Digital Map Market By Solution Market 2023-2030 ($M)
18.1 Tracking & Telematics Market 2023-2030 ($M) - Regional Industry Research
18.2 Catchment Analysis Market 2023-2030 ($M) - Regional Industry Research
18.3 Risk Assessment & Disaster Management Market 2023-2030 ($M) - Regional Industry Research
18.4 Route Optimization & Planning Market 2023-2030 ($M) - Regional Industry Research
18.5 Geo-Analytics & Visualization Market 2023-2030 ($M) - Regional Industry Research
19.Europe Digital Map Market By Service Market 2023-2030 ($M)
19.1 Consulting & Advisory Market 2023-2030 ($M) - Regional Industry Research
19.2 Deployment & Integration Market 2023-2030 ($M) - Regional Industry Research
19.3 Support & Maintenance Market 2023-2030 ($M) - Regional Industry Research
20.Europe Digital Map Market By Vertical Market 2023-2030 ($M)
20.1 Energy & Utilities Market 2023-2030 ($M) - Regional Industry Research
20.2 Construction & Engineering Market 2023-2030 ($M) - Regional Industry Research
20.3 Government & Defense Market 2023-2030 ($M) - Regional Industry Research
20.4 Automotive Market 2023-2030 ($M) - Regional Industry Research
20.5 Retail & Real Estate Market 2023-2030 ($M) - Regional Industry Research
21.APAC Digital Map Market By Component Market 2023-2030 ($M)
21.1 Solutions Market 2023-2030 ($M) - Regional Industry Research
21.2 Services Market 2023-2030 ($M) - Regional Industry Research
22.APAC Digital Map Market By Solution Market 2023-2030 ($M)
22.1 Tracking & Telematics Market 2023-2030 ($M) - Regional Industry Research
22.2 Catchment Analysis Market 2023-2030 ($M) - Regional Industry Research
22.3 Risk Assessment & Disaster Management Market 2023-2030 ($M) - Regional Industry Research
22.4 Route Optimization & Planning Market 2023-2030 ($M) - Regional Industry Research
22.5 Geo-Analytics & Visualization Market 2023-2030 ($M) - Regional Industry Research
23.APAC Digital Map Market By Service Market 2023-2030 ($M)
23.1 Consulting & Advisory Market 2023-2030 ($M) - Regional Industry Research
23.2 Deployment & Integration Market 2023-2030 ($M) - Regional Industry Research
23.3 Support & Maintenance Market 2023-2030 ($M) - Regional Industry Research
24.APAC Digital Map Market By Vertical Market 2023-2030 ($M)
24.1 Energy & Utilities Market 2023-2030 ($M) - Regional Industry Research
24.2 Construction & Engineering Market 2023-2030 ($M) - Regional Industry Research
24.3 Government & Defense Market 2023-2030 ($M) - Regional Industry Research
24.4 Automotive Market 2023-2030 ($M) - Regional Industry Research
24.5 Retail & Real Estate Market 2023-2030 ($M) - Regional Industry Research
25.MENA Digital Map Market By Component Market 2023-2030 ($M)
25.1 Solutions Market 2023-2030 ($M) - Regional Industry Research
25.2 Services Market 2023-2030 ($M) - Regional Industry Research
26.MENA Digital Map Market By Solution Market 2023-2030 ($M)
26.1 Tracking & Telematics Market 2023-2030 ($M) - Regional Industry Research
26.2 Catchment Analysis Market 2023-2030 ($M) - Regional Industry Research
26.3 Risk Assessment & Disaster Management Market 2023-2030 ($M) - Regional Industry Research
26.4 Route Optimization & Planning Market 2023-2030 ($M) - Regional Industry Research
26.5 Geo-Analytics & Visualization Market 2023-2030 ($M) - Regional Industry Research
27.MENA Digital Map Market By Service Market 2023-2030 ($M)
27.1 Consulting & Advisory Market 2023-2030 ($M) - Regional Industry Research
27.2 Deployment & Integration Market 2023-2030 ($M) - Regional Industry Research
27.3 Support & Maintenance Market 2023-2030 ($M) - Regional Industry Research
28.MENA Digital Map Market By Vertical Market 2023-2030 ($M)
28.1 Energy & Utilities Market 2023-2030 ($M) - Regional Industry Research
28.2 Construction & Engineering Market 2023-2030 ($M) - Regional Industry Research
28.3 Government & Defense Market 2023-2030 ($M) - Regional Industry Research
28.4 Automotive Market 2023-2030 ($M) - Regional Industry Research
28.5 Retail & Real Estate Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Digital Map Market Revenue, 2023-2030 ($M)2.Canada Digital Map Market Revenue, 2023-2030 ($M)
3.Mexico Digital Map Market Revenue, 2023-2030 ($M)
4.Brazil Digital Map Market Revenue, 2023-2030 ($M)
5.Argentina Digital Map Market Revenue, 2023-2030 ($M)
6.Peru Digital Map Market Revenue, 2023-2030 ($M)
7.Colombia Digital Map Market Revenue, 2023-2030 ($M)
8.Chile Digital Map Market Revenue, 2023-2030 ($M)
9.Rest of South America Digital Map Market Revenue, 2023-2030 ($M)
10.UK Digital Map Market Revenue, 2023-2030 ($M)
11.Germany Digital Map Market Revenue, 2023-2030 ($M)
12.France Digital Map Market Revenue, 2023-2030 ($M)
13.Italy Digital Map Market Revenue, 2023-2030 ($M)
14.Spain Digital Map Market Revenue, 2023-2030 ($M)
15.Rest of Europe Digital Map Market Revenue, 2023-2030 ($M)
16.China Digital Map Market Revenue, 2023-2030 ($M)
17.India Digital Map Market Revenue, 2023-2030 ($M)
18.Japan Digital Map Market Revenue, 2023-2030 ($M)
19.South Korea Digital Map Market Revenue, 2023-2030 ($M)
20.South Africa Digital Map Market Revenue, 2023-2030 ($M)
21.North America Digital Map By Application
22.South America Digital Map By Application
23.Europe Digital Map By Application
24.APAC Digital Map By Application
25.MENA Digital Map By Application
26.ESRI, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Google, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Tomtom, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Mapbox, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Digitalglobe, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Digital Map Products, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Here, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Mapmyindia, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Microsoft, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Navinfo, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Nearmap, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Magellan, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Apple, Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.Mapquest, Sales /Revenue, 2015-2018 ($Mn/$Bn)
40.Autonavi, Sales /Revenue, 2015-2018 ($Mn/$Bn)
41.Yahoo, Sales /Revenue, 2015-2018 ($Mn/$Bn)
42.Inrix, Sales /Revenue, 2015-2018 ($Mn/$Bn)
43.Mapmechanics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
44.Zenrin, Sales /Revenue, 2015-2018 ($Mn/$Bn)
45.Mapsherpa, Sales /Revenue, 2015-2018 ($Mn/$Bn)
46.Openstreetmap, Sales /Revenue, 2015-2018 ($Mn/$Bn)
47.Living Map, Sales /Revenue, 2015-2018 ($Mn/$Bn)
48.Automotive Navigation Data, Sales /Revenue, 2015-2018 ($Mn/$Bn)
49.Mapman, Sales /Revenue, 2015-2018 ($Mn/$Bn)
50.Digital Mapping Solutions, Sales /Revenue, 2015-2018 ($Mn/$Bn)