Digital Map Global Market Report 2024

Description

“Digital Map Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on digital map market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for digital map? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The digital map market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Services; Solutions.
2) By Functionality: Scientific; GPS Navigation; Computerized.
3) By Service: Consulting; Development; Management.
4) By Industry: Automotive; Engineering And Construction; Logistics And Transportation; Energy And Utilities; Telecommunication.
5) By Application: Real-Time Location Data Management; Geocoding And Geo-positioning; Routing And Navigation; Asset Tracking; Reverse Geocoding
Companies Mentioned: Google LLC; Apple Inc.; TomTom International BV; Environmental Systems Research Institute Inc.; INRIX Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

A digital map refers to a map stored in an electronic format that accurately depicts certain locations. Digital maps need lots of data and various systems, such as remote sensing, geographic information systems (GIS), and satellite imagery. These maps also help identify the routes of an area, landmarks, and locations.

The main types of digital map markets are services and solutions. The various functionalities are scientific, GPS navigation, and computerized. The various services are consulting development and management. The various industries are automotive, engineering and construction, logistics and transportation, energy and utilities, and telecommunication. The various applications are in real-time location data management, geocoding and geo-positioning, routing and navigation, asset tracking, and reverse geocoding.

The digital map market research report is one of a series of new reports from The Business Research Company that provides digital map market statistics, including digital map industry global market size, regional shares, competitors with a digital map market share, detailed digital map market segments, market trends and opportunities, and any further data you may need to thrive in the digital map industry. This digital map market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The digital map market size has grown rapidly in recent years. It will grow from $16. 54 billion in 2023 to $18. 77 billion in 2024 at a compound annual growth rate (CAGR) of 13. 5%. The growth in the historic period can be attributed to growing demand for location-based services, rise in navigation and gis applications, infrastructure development projects, expansion of mobile and internet technologies.

The digital map market size is expected to see rapid growth in the next few years. It will grow to $31. 79 billion in 2028 at a compound annual growth rate (CAGR) of 14. 1%. The growth in the forecast period can be attributed to increased use of drones for mapping and surveying, expansion of smart cities initiatives, growing demand for indoor mapping solutions, increasing urbanisation. Major trends in the forecast period include real-time mapping and dynamic updates, emphasis on 3d and high-resolution mapping, integration of ai and machine learning for map analysis, collaboration between mapping companies and autonomous vehicle manufacturers, environmental monitoring and climate change mapping applications.

An increase in the number of location-based services for marketing and advertising is expected to propel the growth of the digital map market going forward. Location-based marketing (LBM) is a direct marketing tactic that notifies the owner of a mobile device about a deal from a nearby company by using the device's location. A digital map helps to get the exact location and nearest route to the delivery agent. For instance, according to The Next Web (TNW), a Netherlands-based company that focuses on new technology and startups, in 2021, spending on location-targeted advertisements will have increased to $33. 3 billion, which is 45% of all mobile advertising expenditures. According to Factual, a US-based location data company, 80% of customers use their desired location-based alerts, demonstrating that they are responsive to location-based advertisements. Therefore, an increase in the number of location-based services for marketing and advertising is driving the growth of the digital map market.

The rise in smartphone adoption is expected to propel the growth of the digital map market going forward. Smartphones are handheld electronic devices with a touchscreen display, a built-in operating system, and different software applications. Digital maps on smartphones allow users to access location-based services, directions, and geographic information directly on their handheld devices. For instance, in February 2023, according to Uswitch Limited, a UK-based price comparison and switching service company, there were 71. 8 million mobile connections in the UK, a 3. 8% (or around 2. 6 million) increase over 2021. Moreover, 95% of the 68. 3 million UK population, which is 65 million individuals, are expected to own a smartphone by 2025. Therefore, a rise in adoption of smartphone will drive the growth of the digital map market.

Technological advancement is a key trend gaining popularity in the digital map market. Major companies in the digital map market are developing advanced technologies such as artificial intelligence and the use of aerial image data to sustain their position in the market. For instance, in May 2022, Google Maps, a US-based technology company, launched a new web mapping platform. This application's new features include artificial intelligence and the use of aerial image data to allow users to experience a digital model of the streets, roads, and landmarks that helps them find a landmark, restaurant, or venue that feels and looks as if they are already in the place before they can even get there. This application is useful for travelers and people who want to check out a new place before visiting it.

Major companies in the market are focused on developing innovative products and services, such as Indoor Map as a Service, to enhance their product offerings and gain a wider customer base. Indoor Map as a Service is a comprehensive solution offering indoor mapping data, routing, and positioning integrated with HERE's base map, facilitating various indoor applications. For instance, in January 2022, HERE Technologies, a Netherlands-based location data and technology company, unveiled its Indoor Map as a Service, providing comprehensive indoor mapping solutions for businesses. The service offers indoor map data, routing, and positioning, all conveniently accessible through the HERE SDK, seamlessly integrated with the company's base map. This user-friendly solution supports various applications, including wayfinding, indoor asset tracking, and space optimization, enhancing operational efficiency. HERE swiftly generates enterprise-grade indoor maps within a few days, accepting building information in diverse formats such as PDF, CAD, and 3D lidar point clouds. Once HERE Indoor Maps are created, they can be updated either by HERE or directly by building owners using an online self-service content management tool. These maps can be employed within the HERE SDK for integration with HERE Routing, providing complete wayfinding solutions that connect both outdoor and indoor environments.

In August 2021, ServiceNow, Inc., a US-based software company, acquired Mapwize for an undisclosed amount. With this acquisition, ServiceNow intends to improve the employee experience by integrating indoor mapping and wayfinding solutions, catering to the needs of remote and hybrid work environments. Mapwize is a France-based mapping company specializing in digital indoor maps.

Major companies operating in the in the digital map market report are Google LLC, Apple Inc., TomTom International BV, Environmental Systems Research Institute Inc., INRIX Inc., HERE Global B. V., Mapbox Inc., Waze Mobile, Microsoft Corporation, NavInfo Co. Ltd., Baidu Inc., MapQuest Inc., Naver Corporation, Telenav Inc., Zenrin Co. Ltd., AutoNavi Software Co. Ltd., Info Systems Pvt. Ltd., Esri, Sygic a. s., OpenStreetMap Foundation, Mappy SA, Navmii Holdings plc, GeoIQ Inc., Geoapify Inc., Mapfit Inc., Geo-Innovation LLC, Mireo d. d., Kapsch TrafficCom AG, Mapwize SAS, Avenza Systems Inc., MapTiler AG

North America was the largest region in the digital map market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital map market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the digital map market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The digital map market consists of revenues earned by entities by providing various categories of digital maps such as category, heat, cluster, bubble, and quantity maps to show political boundaries, landforms, water bodies, and the positions of cities. The market value includes the value of related goods sold by the service provider or included within the service offering. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r10304

1. Executive Summary

2. Digital Map Market Characteristics

3. Digital Map Market Trends And Strategies

4. Digital Map Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Digital Map Market Size and Growth

5.1. Global Digital Map Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Digital Map Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Digital Map Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Digital Map Market Segmentation

6.1. Global Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Services
Solutions
6.2. Global Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Scientific
GPS Navigation
Computerized
6.3. Global Digital Map Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Consulting
Development
Management
6. 4. Global Digital Map Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Automotive
Engineering And Construction
Logistics And Transportation
Energy And Utilities
Telecommunication.
6. 5. Global Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Real-Time Location Data Management
Geocoding And Geo-positioning
Routing And Navigation
Asset Tracking
Reverse Geocoding

7. Digital Map Market Regional And Country Analysis

7.1. Global Digital Map Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Digital Map Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Digital Map Market

8.1. Asia-Pacific Digital Map Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. 4. Asia-Pacific Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Digital Map Market

9.1. China Digital Map Market Overview
9.2. China Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9. 4. China Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Digital Map Market

10.1. India Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Digital Map Market

11.1. Japan Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Digital Map Market

12.1. Australia Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Digital Map Market

13.1. Indonesia Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Digital Map Market

14.1. South Korea Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Digital Map Market

15.1. Western Europe Digital Map Market Overview
15.2. Western Europe Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. 4. Western Europe Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Digital Map Market

16.1. UK Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Digital Map Market

17.1. Germany Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Digital Map Market

18. 5. France Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 6. France Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 7. France Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Digital Map Market

19. 9. Italy Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Digital Map Market

20.13. Spain Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Digital Map Market

21.1. Eastern Europe Digital Map Market Overview
21.2. Eastern Europe Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. 4. Eastern Europe Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Digital Map Market

22.1. Russia Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Digital Map Market

23.1. North America Digital Map Market Overview
23.2. North America Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. 4. North America Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Digital Map Market

24.1. USA Digital Map Market Overview
24.2. USA Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. 4. USA Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Digital Map Market

25.1. Canada Digital Map Market Overview
25.2. Canada Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. 4. Canada Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Digital Map Market

26.1. South America Digital Map Market Overview
26.2. South America Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. 4. South America Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Digital Map Market

27.1. Brazil Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Digital Map Market

28.1. Middle East Digital Map Market Overview
28.2. Middle East Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. 4. Middle East Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Digital Map Market

29.1. Africa Digital Map Market Overview
29.2. Africa Digital Map Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Digital Map Market, Segmentation By Functionality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. 4. Africa Digital Map Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Digital Map Market Competitive Landscape And Company Profiles

30.1. Digital Map Market Competitive Landscape
30.2. Digital Map Market Company Profiles
- 30.2.1. Google LLC
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1. 4. Financial Performance
- 30.2.2. Apple Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2. 4. Financial Performance
- 30.2.3. TomTom International BV
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3. 4. Financial Performance
- 30.2. 4. Environmental Systems Research Institute Inc.
  - 30.2. 4.1. Overview
  - 30.2. 4.2. Products and Services
  - 30.2. 4.3. Strategy
  - 30.2. 4. 4. Financial Performance
- 30.2. 5. INRIX Inc.
  - 30.2. 5.1. Overview
  - 30.2. 5.2. Products and Services
  - 30.2. 5.3. Strategy
  - 30.2. 5. 4. Financial Performance

31. Global Digital Map Market Competitive Benchmarking

32. Global Digital Map Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Digital Map Market

34. Digital Map Market Future Outlook and Potential Analysis

34.1 Digital Map Market In 2028 - Countries Offering Most New Opportunities
34.2 Digital Map Market In 2028 - Segments Offering Most New Opportunities
34. 3 Digital Map Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35. 4. Research Inquiries
35. 5. The Business Research Company
35. 6. Copyright And Disclaimer