Digital Map Market


Priyankauke1988

Uploaded on Oct 12, 2020

Category Business

The increasing applications of digital maps in industries such as automotive, media & entertainment, and defense have boosted the growth of the market. Use of geospatial information in applications such as infrastructure management, risk and emergency management, urban planning, resource management, and logistics has increased the demand of digital maps over the years.

Category Business

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Digital Map Market

Digital Map Market Set to Exceed $9,269.5 Million By 2026 | CAGR: 11.2% “Digital Map Market [By Usage (Indoor, Outdoor); By Functionality (GPS Navigation, Scientific, Computerized); By Service (Consulting, Management, Development); By Application (Mobile Devices, Enterprise Solutions, Defense, Automotive, Government, Others); By Region]: Market Size & Forecast, 2017 – 2026” Digital Map Market Estimate & Forecast to 2026 According to a new research published by Polaris Market Research the digital map market is anticipated to reach over USD 9,269.5 million by 2026. In 2017, the outdoor segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period. The increasing applications of digital maps in industries such as automotive, media & entertainment, and defense have boosted the growth of the market. Use of geospatial information in applications such as infrastructure management, risk and emergency management, urban planning, resource management, and logistics has increased the demand of digital maps over the years. Additionally, the technological innovation in the market in terms of improvement of components, and mapping software further boosts the adoption of digital maps. Increasing investments by vendors in technological advancements coupled with increasing applications of digital maps would support the market growth during the forecast period. However, high investment in data collection is expected to hamper market growth during the forecast period. Growing demand from emerging economies, and increasing adoption by small and medium businesses are factors expected to provide numerous growth opportunities in the coming years. Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 2 Digital Map Market Scope By Functionality By Service By Application By Region Report Attributes  GPS Navigation  Consulting  Mobile Devices  North America  Historic year: 2015-2016  Scientific  Management  Enterprise Solutions  Europe  Base year: 2017  Computerized  Development  Defense  Asia Pacific  Forecast Year: 2017-2026  Automotive  Latin America Middle East  Revenue ((USD Million)  Government & Africa  Others Request for sample Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 3 Digital Map Market Estimate & Forecast to 2026 North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The increasing applications in the commercial sectors have increased demand of digital maps in the region. The increasing demand from defense, and government sectors further boosts market growth. Local players are introducing low cost digital mapping solutions with high performance to cater to the growing consumer demand. Numerous key players have adopted partnership and expansion strategies to increase their market share in digital map markets in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period. The well-known companies profiled in the report include DigitalGlobe, Inc., Apple, Inc., Google, Inc., HERE Holding Corporation, Environmental Systems Research Institute (ESRI), Inc., Getmapping PLC., Micello, Inc., TomTom International BV, MapData Services, Intermap Technologies Corporation, AutoNavi Holdings Ltd., and Collins Bartholomew among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. Browse Complete Report Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 4 Digital Map Market Size Request for TOC Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 5 Digital Map Market Study – Engagement Options Buy Now – Click Here! Buy now & have immediate access to premium insights Purchase Report Sections – Click Here! Regional analysis Segmentation analysis  Industry outlook Competitive landscape Speak To Analyst – Click Here! Get your doubts clear Schedule a call with our analyst before making any decision Request For Sample Pages – Click Here! Get free sample pages Understand report structure Unmask data for validation Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 6 About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to e present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.   Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 7 Thank You! Contact Us : Polaris Market Research 30 Wall Street 8th Floor,  New York City, NY 10005, United States E mail Id: [email protected] Phone: +1-646-568-9980