Digital Map Market

Digital Map Market by Component, Mapping Type (Outdoor and Indoor), Application (Real-time Location Data Management, Geocoding and Geopositioning, Routing and Navigation, and Asset Tracking), Vertical, and Region - Global Forecast to 2024

Report Code: TC 6238 Aug, 2019, by marketsandmarkets.com

[111 Pages Report] The global digital map market size is projected to grow from USD 13.9 billion in 2019 to USD 29.4 billion by 2024, at a CAGR of 16.2% from 2019 to 2024. A significant growth driver for the market is growing adoption of mobile computing devices for navigation, wide adoption of 3D platforms, and advanced technologies for surveying and digital map-making

                                                    Attractive Opportunities in the Digital Map Market


Source: Investor Presentation, Secondary Literature, Expert Interviews, and MarketsandMarkets Analysis

See how this study impacted revenues for other players in Digital Map Market
Helped a leading location-based service provider that specializes in digital maps to offer mapping services in the Asia Pacific and Europe and assess the competitiveness in the market by identifying a USD 1 billion opportunity across varied verticals in the regions.

Client’s Problem Statement

A leading provider of location-based services wanted information about the competitive landscape, regional trends, and the current and upcoming technology trends in the digital maps market across the Europe and Asia Pacific regions. The client also wanted to increase his market share in the abovementioned geographies.

MnM Approach

MnM identified key disruptive technology trends and the respective players in order to understand their offerings in the market.
A detailed analysis of the competitive landscape for Europe and the Asia Pacific, along with the benchmarking of the key vendors was undertaken as per client requirements. A comprehensive list of current and upcoming developments in the digital map technology in the targeted geographies was provided along with the potential market opportunities.
Market sizing and forecasting across various industry verticals such as agriculture, oil & gas, government & homeland security, logistics, and travel & transportation were formulated in a granular manner. This helped the client target opportunities worth ~USD 1 billion in the Europe and Asia Pacific geographies.

Revenue Impact (RI)

MnM assisted the client in tapping into a USD 30 billion market, with projected revenue of USD 1 billion within three years of our recommendations.

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In vertical segment infrastructure development and construction segment to hold a larger market size in 2019

Digital map solutions play an essential role in the construction and engineering companies, as they support all phases of the infrastructure life cycle. Also, these solutions help construction engineers manage and share data, generate reports, and visualize territory data, which can be analyzed and communicated to others. Digital maps help increase safety measures and reduce the maintenance costs of the network. For instance, London created a digital map of the underground infrastructure, including gas and water pipes along with electricity and telecommunication cables, which helps safeguard workers’ lives and reduce the cost of damages to utilities, such as pipes and cables.

By Mapping type, indoor mapping to register a higher growth rate during the forecast period

Indoor mapping is deployed primarily for big complexes, such as hospitals, residential areas, townships, shopping malls, and warehouses. The methods and techniques used in indoor location applications enable accurate 2D and 3D mapping, and navigation. Vendors have started deploying digital maps for indoor infrastructures, due to the growth in concentration in smart city infrastructures and the surge in enhancing the digital experience.


Asia Pacific (APAC) to register the highest growth rate during the forecast period

The APAC digital map market is experiencing a disruptive growth, owing to its rapidly growing number of internet subscribers and consumption of internet over smartphones and other portable devices. The market is expected to grow at an even higher rate than present due to the ever-increasing consumption of content in major APAC economies such as China, India, Australia, Japan, Singapore, and Hong Kong are the major contributing factors for the growth of the digital map market in this region. Moreover, the massive growth in the agriculture, oil, and gas, and Other natural resources industry have fueled the growth of market, making APAC one of the fastest-growing regions in the markets.

Market Dynamics

Market Driver: Wide adoption of 3D platforms and advanced technologies for surveying and digital map-making drives the digital map market

3D maps are built using high-quality geographic data, enabling to create 3D visualizations, run simulations, and develop dynamic location-based experiences and games to enhance the customer experience. Moreover, the use of LiDAR and orthophotography has improved the accuracy of the analysis that is provided by digital mapping professionals, thereby reducing the costs associated with supply chain, logistics, disaster management, and infrastructure development across the globe. These 2 technologies are the most widely used methods for data collection, due to various benefits offered by them. The adoption of 3D modeling and digital elevation models is expected to increase the use of these technologies during the forecast period. With advancements in these technologies, companies have introduced web services and mobile applications for maps that provide detailed information and real-time updates to users. Technologies based on augmented reality utilize GIS information and 3D platforms to provide virtual information about users and their surroundings. This information helps enterprises understand the needs of users and send customized advertisements. In addition, the use of logistics and supply chain management 3D platforms and management software increase the efficiency and minimize the costs associated with operational processes.

Market Restraint: Legal and regulatory policies limiting the development of the digital mapping technology

Legal and regulatory challenges are one of the top points that are limiting the development of the digital mapping technology. Legal issues are affecting the restrictions in the data collection process, location privacy, licensing, intellectual property rights, use of geospatial information, and storage of geospatial data. Any country’s regulations put national security on priority and limit the use of geospatial information. For instance, in May 2016, the Ministry of Home Affairs of the Government of India passed the Geospatial Information Regulation Bill. The objective of this bill was to regulate the acquisition, publication, and distribution of geospatial information of India that affects the security, sovereignty, and integrity of the country. Since the advent of restrictive mapping policies, numerous incidents have come forth, in which companies have faced legal actions for violating such policies. In the US, government regulations have restricted the use of drones in locations, such as airports, Military Operations Areas (MOAs), stadiums, and government sites.

Market Challenge: Lack of expertise and skilled professionals in digital mapping solutions

Most of the organizations that use location-based solutions and analytics struggle to optimally utilize the full potential of digital mapping technologies, as they lack expertise and well-skilled technicians who can deal with digital spatial data and the occurring issues. The lack of appropriate knowledge and awareness has been a barrier in digital mapping solutions and acts as a factor responsible for the slow adoption of the technology. Hence, increasing knowledge-sharing and awareness among customers through different means, such as company blogs, forums, industry conferences, and RoI analysis, could help in fueling the market adoption and growth of the digital maps market, globally.

Market Opportunity: Emergence of cloud technology and big data in digital mapping solutions

Cloud technology plays a pivotal role in distributing data, which enables interconnected communications. Most of the digital mapping solutions are robust, and GIS professional and developer prefer API since related data is stored in the cloud. Moreover, integrating cloud-based solutions offer significant cost-savings compared to in-house storage. The public sector organizations have been adopting cloud computing to manage large volumes of geospatial information generated from the GPS, GIS, and remote sensing technologies. Big data is another important part of digital maps as several companies use predictive modeling-enabled big data, which helps them in developing strategies for their geographic territory operations. The public sector uses it to design disaster response plans, and the natural resource managers use it to analyze the recovery of wetlands after a disaster.

Key Market Players:

Google (US), TomTom (Netherland), Esri (US), Here (Netherland), Digital Map Products Inc. (US), Nearmap (Australia), Magellan (US), Apple (US), Mapquest (US), Intrix (US)., Yahoo(US), AutoNavi (China), MapWise (France), Jibestream (Canada), Indoor Atlas (Finland), and Mapillary (Sweden).

Scope of the Report

Report Metrics

Details

Market size available for years

2017–2024

Base year considered

2018

Forecast period

2019–2024

Forecast units

Billion (USD)

Segments covered

Mode, Components, Deployment, Organization Size, End Users, Verticals, and Region

Geographies covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Companies covered

Google (US), TomTom (Netherland), Esri(US), Here (Netherland), Digital Map Products Inc.(US), Nearmap(Australia), Magellan(US), Apple (US), Mapquest (US), Intrix (US)., Yahoo(US), AutoNavi (China), MapWise (France), Jibestream (Canada), Indoor Atlas (Finland),and Mapillary (Sweden).

The research report categorizes the digital map market to forecast revenues and analyze trends in each of the following submarkets:

By component, the digital map market has the following segments:

  • Solutions
  • Services

By Mapping Type, the market has the following segments:

  • Outdoor Mapping
  • Indoor Mapping

By Solutions, the digital map market has the following segments:

  • Mapping Data
  • Web Mapping
  • GPS-enabled Services

By Services, the market has the following segments:

  • Consulting
  • Cross-platform Support
  • Deployment & Integration

By Applications, the Digital map market has the following segments:

  • Real-time Location Data Management
  • Geocoding & Geopositioning
  • Routing & Navigation
  • Asset Tracking
  • Others*

*Others include risk assessment and disaster management

By Vertical, the market has the following segments:

  • Agriculture, Oil & Gas, and Other Natural Resources
  • Infrastructure Development & Construction
  • Government & Homeland Security
  • Logistics, Travel, & Transportation
  • Others*

*Others include telecom and retail
By region, the digital map market has the following segments:

  • North America
  • US
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Brazil
  • Middle East & Africa
    • Kingdom of Saudi Arabia
    • United Arab Emirate

Recent Developments

  • In July 2019, Esri partnered with Mobileye to integrate advanced data collection capabilities of Mobileye into Esri’s platform as native service. The integration enabled Esri customers to visualize and analyze real-time HD maps.
  • In June 2019. TomTom collaborated with European Union Data Task Force (DTF) for innovative road safety solution by working on the Proof of Concept (PoC) to improve road safety; in PoC vehicles and infrastructure data are shared between countries and manufacturers. This technology enables vehicles to detect and warn occupants about dangerous road conditions
  • In November 2018, TomTom partnered with BMW to provide in-bike navigation app. The app provides visual directions on the bike’s integrated handlebar display, while audio directions are provided via Bluetooth into the rider’s compatible helmet.
  • In April 2019, HERE launched XYZ, a cloud-based service, which provides software developers and professional mapmakers with the tools needed for effortless map publication and data management
  • In February 2019, Magellan enhanced RouteComplete to offer a suite of routing technology solutions for the snow, waste, and street industries utilizing GPS navigation is coupled with vertical-specific requirements.

Critical questions the report answers:

  • Where will all these developments take the industry in the long term?
  • What are the upcoming trends for the Digital Map market?
  • Which segment provides the most opportunity for growth?
  • Who are the leading vendors operating in this market?
  • What are the opportunities for new market entrants?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction 
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Market Segmentation
           1.3.2 Regions Covered
    1.4 Years Considered for the Study
    1.5 Currency Considered
    1.6 Stakeholders

2 Research Methodology 
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakup of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Breakup and Data Triangulation
    2.3 Market Size Estimation
           2.3.1 Top-Down Approach
           2.3.2 Bottom-Up Approach
    2.4 Market Forecast
    2.5 Competitive Leadership Mapping Research Methodology
    2.6 Assumptions for the Study
    2.7 Limitations of the Study

3 Executive Summary

4 Premium Insights 
    4.1 Attractive Market Opportunities in the Global Digital Map Market
    4.2  Market, By Vertical, 2019
    4.3 North America: Market By Solution and Mapping Type, 2019
    4.4 Asia Pacific: Market By Solution and Mapping Type, 2019

5 Market Overview and Industry Trends
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Rising Adoption of Mobile Computing Devices for Navigation
                    5.2.1.2 Wide Adoption of 3D Platforms and Advanced Technologies for Surveying and Digital Map-Making Drives the Digital Map Market
                    5.2.1.3 Significant Growth in the Use of Geospatial Information
           5.2.2 Restraints
                    5.2.2.1 Legal and Regulatory Policies Limiting the Development of the Digital Mapping Technology
           5.2.3 Opportunities
                    5.2.3.1 Rising Demand for Real-Time Mapping of Data
                    5.2.3.2 Emergence of Cloud Technology and Big Data in Digital Mapping Solutions
           5.2.4 Challenges
                    5.2.4.1 User Privacy and Security Concerns
                    5.2.4.2 Lack of Expertise and Skilled Professionals in Digital Mapping Solutions
    5.3 Use Cases

6 Digital Map Market By Component 
    6.1 Introduction
    6.2 Solutions
           6.2.1 Mapping Data
                    6.2.1.1 Organizations Relying on Mapping Data to Offer Highly Augmented Services to End Users
           6.2.2 Web Mapping
                    6.2.2.1 Strong Adoption of Web Mapping Across High-Revenue Contributing Verticals
           6.2.3 GPS-Enabled Services
                    6.2.3.1 Routing and Navigation Application to Affect the GPS-Enabled Services Greatly
    6.3 Services
           6.3.1 Consulting
                    6.3.1.1 Increasing Number of Tailor-Made Solutions and A Race to Achieve Cost-Efficiency By Automating the Business Operations to Support Consulting Services Market Growth
           6.3.2 Cross-Platform Support
                    6.3.2.1 Wide-Scale Deployment of Maps on Multi-Channel Platforms to Be Streamlined By Cross-Platform Support to A Great Extent
           6.3.3 Deployment and Integration
                    6.3.3.1 Growing Demand for Deployment and Integration Services for Ensuring Satisfactory User Experience, Adhering to It Standards, and Maintaining Budgetary Guidelines

7 Market By Mapping Type 
    7.1 Introduction
    7.2 Outdoor Mapping
           7.2.1 Growing Proliferation of Smart Cities and Rising Urbanization Rate to Boost Outdoor Map Adoption
    7.3 Indoor Mapping
           7.3.1 Growing Number of Infrastructure Developments to Enhance the Deployment of Indoor Maps

8 Digital Map Market By Application 
    8.1 Introduction
    8.2 Real-Time Location Data Management
           8.2.1 Growing Demand for Geospatial Data to Promote the Usage for Real-Time Location Data
    8.3 Geocoding and Geopositioning
           8.3.1 Ongoing Implementation By Location-Based Services to Bolster Geocoding and Geopostioning Application
    8.4 Routing and Navigation
           8.4.1 Telematics to Be Among the Major End-Use Area to Deploy the Routing and Navigation Application
    8.5 Asset Tracking
           8.5.1 Warehouses, Manufacturing Houses, and Healthcare to Be Among the Prominent Verticals to Deploy the Asset Tracking Application
    8.6 Others

9 Market By Vertical 
    9.1 Introduction
    9.2 Agriculture, Oil and Gas, and Other Natural Resources
           9.2.1 Growing Awareness of Risk Management in Agribusiness to Boost the Use of Digital Maps
    9.3 Infrastructure Development and Construction
           9.3.1 Growing Need of Digital Maps to Support Infrastructure Life Cycle
    9.4 Government and Homeland Security
           9.4.1 Digital Maps to Help Effectively Manage Homeland Security and Anticrime Operations
    9.5 Logistics, Travel, and Transportation
           9.5.1 Rising Awareness About Digital Maps in the Transport and Logistics Sector for Various Operational Activities
    9.6 Others

10 Geographic Analysis 
     10.1 Introduction
     10.2 North America
             10.2.1 United States
                        10.2.1.1 Growing Demand for Digital Map in Municipalities for Planning and Development of Transportation, Public Safety, and Public Works Infrastructure in the Us
             10.2.2 Canada
                        10.2.2.1 Increasing Number of Government Initiatives for Digital Map Applications in Various Projects
     10.3 Europe
             10.3.1 United Kingdom
                        10.3.1.1 Rapid Adoption of Digital Map to Boost the Digital Economy of the Uk
             10.3.2 Germany
                        10.3.2.1 Growing Demand for Digital Maps for Self-Driving Cars in the Automobile Industry in Germany
             10.3.3 France
                        10.3.3.1 Continuous Government Efforts to Boost the Use of Digital Map in France
             10.3.4 Rest of Europe
     10.4 Asia Pacific
             10.4.1 China
                        10.4.1.1 Adoption of Digital Mapping Solutions Among Organizations and Government to Efficiently Share Information, Utilize Resources, and Effectively Improve Operation and Services
             10.4.2 Japan
                        10.4.2.1 Rising Need for Digital Maps to Improve the Efficiency of the Administrative Work, Planning, and Formulation of Government Policies in the Region
             10.4.3 India
                        10.4.3.1 Digital Mapping Technologies to Play an Important Role in the Sustainability of Regional and Urban Development in India
             10.4.4 Rest of Asia Pacific
     10.5 Latin America
             10.5.1 Mexico
                        10.5.1.1 Growing Infrastructure in Mexico to Boost the Digital Map Market
             10.5.2 Brazil
                        10.5.2.1 Rising Investment By Various Digital Map Providers in Brazil
             10.5.3 Rest of Latin America
     10.6 Middle East and Africa
             10.6.1 Kingdom of Saudi Arabia
                        10.6.1.1 Rising Adoption of Digital Mapping Technology in the Oil and Gas Sector in the Ksa
             10.6.2 United Arab Emirates
                        10.6.2.1 Government Push for the Digital Map Usage in the UAE
             10.6.3 Rest of Middle East and Africa

11 Competitive Landscape 
     11.1 Competitive Leadership Mapping
             11.1.1 Visionary Leaders
             11.1.2 Innovators
             11.1.3 Dynamic Differentiators
             11.1.4 Emerging Companies
     11.1 Strength of Product Portfolio (20 Players)
     11.2 Business Strategy Excellence (20 Players)
     11.3 Ranking of Key Players for the Digital Map Market, 2019

12 Company Profiles
(Business Overview, Products, & Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     12.1 Google
              12.1.2 Products Offered
             12.1.3 Recent Developments 
              
12.1.4 SWOT Analysis
              12.1.5 MnM View 
     12.2 TOMTOM
              12.2.1 Business Overview 
              12.2.2 Products Offered 
              12.2.3 Recent Developments 
              12.2.4 SWOT Analysis 
              12.2.5 MnM View 
     12.3  ESRI
              12.3.1 Business Overview 
              12.3.2 Products Offered 
              12.3.3 Recent Developments 
              12.3.4 Mnm View 
    12.4   Here
              12.4.1 Business Overview 
              12.4.2 Products Offered 
              12.4.3 Recent Developments 
              12.4.4 Mnm View 
    12.5  Digital Map Products 
              12.5.1 Business Overview 
              12.5.2 Products Offered 
              12.5.3 Recent Developments 
              12.5.4 Mnm View 
    12.6   Nearmap 
           12.6.1 Business Overview 
           12.6.2 Products Offered 
           12.6.3 Recent Developments 
    12.7   Magellan
              12.7.1 Business Overview 
              12.7.2 Products Offered 
             
12.7.3 Recent Developments 
    12.8   Apple
             12.8.1 Business Overview 
             12.8.2 Products Offered 
     12.9  MapQuest
          12.9.1 Business Overview 
          12.9.2 Products Offered 
    12.10  Inrix
            12.10.1 Business Overview 
           12.10.2 Products Offered  
           12.10.3 Recent Developments 
    12.11  Yahoo
    12.12  Autonavi
    12.13  Mapwize
    12.14  Jibestream
    12.15  Indooratlas
    12.16  Mapillary

*Details on Business Overview, Products & Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix 
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Available Customization
     13.4 Related Reports
     13.5 Author Details


List of Tables (68 Tables)

Table 1 United States dollar exchange rate, 2016–2018
Table 2 Factor Analysis
Table 3 Digital Map Market Size, BY component, 2017–2024 (USD Million)
Table 4 Digital Map Component Market Size, By Region, 2017–2024 (USD MILLION)
Table 5 Digital Map Market Size, BY solution, 2017–2024 (USD Million)
Table 6 Digital Map Solutions Market Size, By Region, 2017–2024 (USD MILLION)
Table 7 Digital Map Solutions: Mapping Data Market Size, By Region, 2017–2024 (USD MILLION)
Table 8 Digital Map Solutions: Web Mapping Market Size, By Region, 2017–2024 (USD MILLION)
Table 9 Digital Map Solutions: GPS Enabled Services Market Size, By Region, 2017–2024 (USD MILLION)
Table 10 Digital Map Market Size, BY Service, 2017–2024 (USD Million)
Table 11 Digital Map Services Market Size, By Region, 2017–2024 (USD MILLION)
Table 12 Digital Map Services: Consulting Market Size, By Region, 2017–2024 (USD MILLION)
Table 13 Digital Map Services: Cross-Platform Support Market Size, By Region, 2017–2024 (USD MILLION)
Table 14 Digital Map Services: Deployment and Integration Market Size, By Region, 2017–2024 (USD MILLION)
Table 15 Digital Map Market Size, BY Mapping type, 2017–2024 (USD MILLION)
Table 16 Digital Map Mapping Type Market Size, By Region, 2017–2024 (USD MILLION)
Table 17 Digital Map Mapping Type: Outdoor Mapping Market Size, By Region, 2017–2024 (USD MILLION)
Table 18 Digital Map Mapping Type: Indoor Mapping Market Size, By Region, 2017–2024 (USD MILLION)
Table 19 Digital Map Market Size, BY Application, 2017–2024 (USD MILLION)
Table 20 Digital Map Application Market Size, BY Region, 2017–2024 (USD MILLION)
Table 21 Digital Map Application: Real-Time Location Data Management Market Size, By Region, 2017–2024 (USD MILLION)
Table 22 Digital Map Application: Geocoding and Geopositioning Market Size, By Region, 2017–2024 (USD MILLION)
Table 23 Digital Map Application: Routing and Navigation Market Size, By Region, 2017–2024 (USD MILLION)
Table 24 Digital Map Application: Asset Tracking Market Size, By Region, 2017–2024 (USD MILLION)
Table 25 Digital Map Application: Others Market Size, By Region, 2017–2024 (USD MILLION)
Table 26 Digital Map Market Size, BY  Vertical, 2017–2024 (USD MILLION)
Table 27 Digital Map Verticals Market Size, BY Region, 2017–2024 (USD MILLION)
Table 28 Digital Map Vertical: Agriculture, Oil and Gas, and Other Natural Resources Market Size, By Region, 2017–2024 (USD MILLION)
Table 29 Digital Map Vertical: Infrastructure Development and Construction Market Size, By Region, 2017–2024 (USD MILLION)
Table 30 Digital Map Vertical: Government and Homeland Security Market Size, By Region, 2017–2024 (USD MILLION)
Table 31 Digital Map Vertical: Logistics, Travel, and Transportation Market Size, By Region, 2017–2024 (USD MILLION)
Table 32 Digital Map Vertical: Others Market Size, By Region, 2017–2024 (USD MILLION)
Table 33 Digital Map Market Size, BY Region, 2017–2024 (USD MILLION)
Table 34 North America: market size, by Component, 2017–2024 (USD MILLION)
Table 35 North America: market size, by SOLUTION, 2017–2024 (USD MILLION)
Table 36 North America: Digital map market size, by service, 2017–2024 (USD MILLION)
Table 37 North America: market size, by mapping type, 2017–2024 (USD MILLION)
Table 38 North America: market size, by application, 2017–2024 (USD MILLION)
Table 39 North America: market size, by vertical, 2017–2024 (USD MILLION)
Table 40 North America: market size, by Country,
Table 41 Europe: Digital map market size, by Component,
Table 42 Europe: market size, by SOLUTION, 2017–2024 (USD MILLION)
Table 43 Europe: market size, by service, 2017–2024 (USD MILLION)
Table 44 Europe: market size, by mapping type,
Table 45 Europe: market size, by application,
Table 46 Europe: market size, by vertical, 2017–2024 (USD MILLION)
Table 47 Europe:  market size, by Country, 2017–2024 (USD MILLION)
Table 48 Asia pacific: Digital map market size, by Component,
Table 49 Asia pacific: market size, by SOLUTION, 2017–2024 (USD MILLION)
Table 50 Asia pacific: market size, by service, 2017–2024 (USD MILLION)
Table 51 Asia pacific: market size, by mapping type, 2017–2024 (USD MILLION)
Table 52 Asia pacific: market size, by application, 2017–2024 (USD MILLION)
Table 53 Asia pacific: market size, by vertical, 2017–2024 (USD MILLION)
Table 54 Asia pacific: market size, by Country, 2017–2024 (USD MILLION)
Table 55 Latin America: Digital map market size, by Component, 2017–2024 (USD MILLION)
Table 56 Latin America: market size, by SOLUTION, 2017–2024 (USD MILLION)
Table 57 Latin America: market size, by service, 2017–2024 (USD MILLION)
Table 58 Latin America: market size, by mapping type, 2017–2024 (USD MILLION)
Table 59 Latin America: market size, by application, 2017–2024 (USD MILLION)
Table 60 Latin America: market size, by vertical, 2017–2024 (USD MILLION)
Table 61 Latin America: market size, by Country, 2017–2024 (USD MILLION)
Table 62 Middle East and Africa: Digital map market size, by Component, 2017–2024 (USD MILLION)
Table 63 Middle East and Africa: market size, by SOLUTION, 2017–2024 (USD MILLION)
Table 64 Middle East and Africa: market size, by service, 2017–2024 (USD MILLION)
Table 65 Middle East and Africa: market size, by mapping type, 2017–2024 (USD MILLION)
Table 66 Middle East and Africa: market size, by application, 2017–2024 (USD MILLION)
Table 67 Middle East and Africa: market size, by vertical, 2017–2024 (USD MILLION)
Table 68 Middle East and Africa: market size, by Country, 2017–2024 (USD MILLION)

List of Figures (31 Figures)

Figure 1 Digital Map Market: Research Design
Figure 2 Market: Top-Down and Bottom-Up Approaches
Figure 3 Competitive Leadership Mapping: Criteria Weightage
Figure 4 Solutions Segment to Hold A Higher Market Share During the Forecast Period
Figure 5 Mapping Data Segment to Hold the Highest Market Share During the Forecast Period
Figure 6 Outdoor Segment to Hold A Higher Market Share During the Forecast Period
Figure 7 Routing and Navigation Segment to have the Largest Market Size During the Forecast Period
Figure 8 Agriculture, Oil and Gas, and Other Natural Resources Vertical to Grow at the Highest CAGR During the Forecast Period
Figure 9 Asia Pacific to Witness the Highest Growth Rate During the Forecast Period
Figure 10 Growing Number of Applications to Support the Digital Map Market Growth
Figure 11 Infrastructure Development and Construction Vertical to Account for the Highest Market Share in 2019
Figure 12 Mapping Data and Outdoor Segments to Record High Market Shares in North America in 2019
Figure 13 Mapping Data and Outdoor Segments to Record High Market Shares in Asia Pacific in 2019
Figure 14 Drivers, Restraints, Opportunities, and Challenges: Digital Map Market
Figure 15 Solutions Segment to Record A Larger Market Size in 2019 and Expected to Remain Dominant During the Forecast Period
Figure 16 Mapping Data Segment to Account for the Largest Market Size During the Forecast Period
Figure 17 Cross-Platform Support Segment to Record the Largest Market Size During the Forecast Period
Figure 18 Indoor Mapping Segment to Record A Higher Growth Rate During the Forecast Period
Figure 19 Geocoding and Geopositioning Segment to Grow at the Highest CAGR During the Forecast Period
Figure 20 Infrastructure Development and Construction Vertical to Hold the Largest Market Size During the Forecast Period
Figure 21 Asia Pacific to Record the Highest Growth Rate During the Forecast Period
Figure 22 North America: Market Snapshot
Figure 23 Asia Pacific: Market Snapshot
Figure 24 Digital Map Market (Global) Competitive Leadership Mapping, 2019
Figure 25 Ranking of Key Players, 2019
Figure 26 Google: Company Snapshot
Figure 27 Google: SWOT Analysis
Figure 28 Tomtom: Company Snapshot
Figure 29 Tomtom: SWOT Analysis
Figure 30 Nearmap: Company Snapshot
Figure 31 Apple: Company Snapshot

    The study involved four major activities in estimating the current size of the digital map market. Extensive secondary research was done to collect information on the digital map market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakup and data triangulation procedures were used to estimate the size of the segments and subsegments of the market.

    Secondary Research

    In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg BusinessWeek, and Factiva have been referred to for identifying and collecting information for the study. The secondary sources included annual reports, press releases and investor presentations of companies; whitepapers, certified publications, and articles by recognized authors; gold standard and silver standard websites; regulatory bodies; trade directories; and databases.

    Primary Research

    The digital map market comprises several stakeholders, such as service providers, solution vendors, system integrators, technology partners, consulting firms, research organizations, managed service providers, government agencies, financial bodies, resellers and distributors, enterprise users, and technology providers. The demand side of the market consists of financial institutions, investors, and insurance companies. The supply side includes digital map solutions providers. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the profile breakup of the primary respondents:

    Digital Map Market

    To know about the assumptions considered for the study, download the pdf brochure

    Digital Map Market Size Estimation

    Both top-down and bottom-up approaches were used to estimate and validate the total size of the digital map market. The methods were also used extensively to estimate the size of various segments in the market. The research methodology used to estimate the market size includes the following:

    • Key players in the market have been identified through extensive secondary research.
    • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
    • All percentage shares, splits, and breakups have been determined using secondary sources and verified through primary sources.

    Data Triangulation

    After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakup procedur

    • To determine and forecast the global digital map market by mode, components, deployment, organization size, end-users, verticals, and region from 2019 to 2024, and analyze the various macroeconomic and microeconomic factors that affect the market growth
    • To forecast the size of the market segments with respect to five main regions: North America, Europe, Asia Pacific (APAC), and Rest of World (RoW)
    • To analyze each submarket with respect to individual growth trends, prospects, and contributions to the overall digital map market
    • To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the digital map market

    Available Customizations

    With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

    Geographic Analysis

    • Further breakup of the APAC market into countries contributing 75% to the regional market size
    • Further breakup of the North American market into countries contributing 75% to the regional market size
    • Further breakup of the Latin American market into countries contributing 75% to the regional market size
    • Further breakup of the MEA market into countries contributing 75% to the regional market size
    • Further breakup of the European market into countries contributing 75% to the regional market size

    Company Information

    • Detailed analysis and profiling of additional market players (up to 5)

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    Report Code
    TC 6238
    Published ON
    Aug, 2019
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