Digital Map Market Size, Industry Trends, Share and Forecast 2022-2028

The global digital map market is anticipated to grow at a significant CAGR of 14.3% during the forecast period (2022-2028). Digital map technology offers end-to-end map solutions such as location information, real-time update, technology collaboration, and analytics approach for better geo-mapping outputs. The major factor driving the growth of the global digital map market during the forecast period is the increasing technological advancements along with increasing demand for digital maps in several industries across the globe. For instance, in July 2021, the Ministry of Electronics and IT (MeitY) has integrated service of MapmyIndia to enable people to locate government facilities such as ration shop, mandis, Indian oil petrol pumps, gas stations, among others on digital maps.

To Request a Sample of our Report on Digital Map Market:  https://www.omrglobal.com/request-sample/digital-map-market

Furthermore, the growth of the market can also be attributed to the growing need for a better viewer experience as well as the rising demand for real-time mapping of data. For instance, in September 2019, the government of India announced the initiation of a project to digitally map the country with a resolution of 10 centimetres by using drones and technologies such as Artificial Intelligence and big data. However, the lack of expertise may hamper the growth of the market. 

The major companies serving the global digital map market include Apple Inc., Google LLC, Here Technologies, MapQuest, and Nearmap, among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, and geographical expansion, to stay competitive in the market. For instance, in February 2019, HERE Global B.V. introduced a map named “HERE Cellular Signals” to showcase updated information about the performance of mobile networks on roads for 196 countries to help the telecom solution provider to manage their telecom network effectively for better customer satisfaction.

Market Coverage

·        The market number available for – 2021-2028

·        Base year- 2021

·        Forecast period- 2022-2028

Segment Covered- 

·        By Type

·        By Component

·        By Application

·        By Vertical

Regions Covered-

·        North America

·        Europe

·        Asia-Pacific

·        Rest of the World

Competitive Landscape- Apple Inc., Google LLC, HERE Global B.V., Nearmap Australia Pty Ltd., System1 LLC (MapQuest).

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A full Report of Digital Map Market is Available @  https://www.omrglobal.com/industry-reports/digital-map-market

Global Digital Map Market Report by Segment

By Type 

·        Outdoor Mapping 

·        Indoor Mapping

By Component 

·        Solutions 

·        Services

By Application 

·        Real-Time Location Data Management

·        Geocoding and Geo-Positioning

·        Routing and Navigation

·        Asset Tracking 

·        Others

By Vertical 

·        Energy & Utilities

·        Automotive

·        Oil & Gas

·        Building & Construction

·        Government

·        Travel & Transportation  

·        Others

Global Digital Map Market Report by Region

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

·        Latin America 

·        Middle East & Africa

Company Profiles 

·        Alibaba Group Holding Ltd.

·        INRIX, Inc.

·        Inpixon

·        LightBox Holdings, L.P.

·        Meta Platforms, Inc. 

·        Maxar Technologies

·        MapData Services Pty Ltd. (Esri Australia Pty Ltd.)

·        ServiceNow, Inc. 

·        The Esri

·        ThinkGeo LLC

·        TomTom International BV

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

 

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