HD Map for Autonomous Vehicles Market worth $20.4 billion in 2030
                     MarketsandMarkets 
Presents
HD Map for Autonomous Vehicles 
Market worth $20.4 billion in 2030
https://
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vehicle-market-141078517.html
 
The report "HD Map for Autonomous Vehicles Market by Solution 
(Cloud-Based & Embedded), Level of Automation, Usage 
(Passenger & Commercial), Vehicle Type, Services 
(Advertisement, Mapping, Localization, Update & Maintenance), 
& Region - Global Forecast to 2030", is estimated to be USD 1.3 
billion in 2020 and is projected to reach a market size of USD 20.4 billion 
by 2030, at a CAGR of 36.2% during the forecast period. 
The market is driven by factors such as increasing demand for safe 
vehicles, progress toward developing semi-autonomous and autonomous 
vehicles, and growing traffic congestion.
Browse 125 market data Tables and 43 Figures spread 
through 177 Pages and in-depth TOC on "HD Map for Autonomous 
Vehicles Market”
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“Cloud-Based Service segment is estimated to be the fastest-
growing HD map autonomous vehicle market, by solution”
The low cost of cloud-based service, which is primarily due to the need 
for lesser storage space is the key factor that drives this segment in the 
market. Many top companies such as NVIDIA, HERE Technologies, 
TomTom to name a few offer their HD map product as cloud-based 
services, this is accompanied to the fact that updating of HD map can be 
done in less tot.
“Semi-Autonomous vehicle segment is expected to be the 
fastest-growing HD map autonomous vehicle market, by 
automation level”
Level 2&3 semi-autonomous vehicle segment occupies the largest share 
in the HD map market.  This is primarily because the laws concerning 
semi-autonomous driving are more relaxed when compared to 
autonomous driving. The specification needed for HD maps for 
autonomous driving is more complicated when compared to semi-
autonomous vehicles which currently helps for the growth of semi-
autonomous vehicle HD map market. Safety concerns regarding 
autonomous driving among the public also restrain the market.
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517
 
“North America is estimated to be the largest regional HD map for 
autonomous vehicle market”
North America comprises the US, Canada, and Mexico. The US currently holds 
the largest share which can be attributed to a large customer base and high 
disposable income of end-users in the US have fueled the demand for high-
end safety vehicles, which in turn has resulted in increasing innovations and 
partnership by international automotive OEMs. Other factors that fueled for 
its growth is the government initiatives which includes autonomous vehicle 
testing in states such as California, Nevada, and District of Columbia and 
Arizona, creating new robust regulations for the use and testing of 
autonomous technology.
The HD map for autonomous vehicle market is dominated by a few global HD 
map solution providers and comprises several regional players. Some of the 
key HD map providers include TomTom(Netherlands), HERE 
Technologies(Netherlands), Waymo(US), NVIDIA(US) and NavInfo(China).
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Critical Questions:
• How will vehicle sales trends impact the market in the long term?
• How do you see the impact of government regulations in the HD map 
for autonomous vehicle market?
• What are the upcoming trends in the HD map for autonomous vehicle 
market? What impact would they make post-2020?
• What are the key strategies adopted by top players to increase their 
revenue?
• Which are the key country markets over the next decade?
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