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
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Request For Special Pricing[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
Helped a leading location based service provider that specializes in offering mapping services in APAC and Europe to understand the market competitiveness by identifying opportunities across verticals in aforementioned regions.
Clients Problem Statement
A leading provider of location based services was keen to understand the competitive landscape, regional trends, and current and upcoming technology trends in the digital maps market across Europe and APAC. The client was also looking forward to increase its market share in aforementioned regions.
MnM Approach
MNM started by identifying key disruptive technology trends and their subsequent players in the market in order to understand their offerings in the market.The detailed competitive landscape for Europe and APAC along with the benchmarking of the key vendors were analyzed as per the client requirements. The comprehensive list of current and upcoming developments in the digital map technology in the targeted regions was listed with their potential market opportunities. Market sizing and forecasting across industry verticals such as agriculture, oil and gas, government and homeland security, logistic, travel and transportation were formulated in a granular manner. This has helped the client target opportunities worth USD 4 million to USD 5 million in Europe and APAC.
Revenue Impact (RI)
MNM assisted the client to tap into Europe and APAC market, with a projected revenue of USD 4 million to USD 5 million in three years from our recommendations.
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 countrys 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
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Report Metrics |
Details |
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Market size available for years |
20172024 |
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Base year considered |
2018 |
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Forecast period |
20192024 |
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Forecast units |
Billion (USD) |
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Segments covered |
Mode, Components, Deployment, Organization Size, End Users, Verticals, and Region |
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Geographies covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
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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 Esris 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 bikes integrated handlebar display, while audio directions are provided via Bluetooth into the riders 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?
Frequently Asked Questions (FAQ):
What is growth rate of digital map market in the next five years?
What region holds the highest market share in the digital map market?
Which are the major enterprise verticals in the digital map market?
What are the key vendors in the digital map market?
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, 20162018
Table 2 Factor Analysis
Table 3 Digital Map Market Size, BY component, 20172024 (USD Million)
Table 4 Digital Map Component Market Size, By Region, 20172024 (USD MILLION)
Table 5 Digital Map Market Size, BY solution, 20172024 (USD Million)
Table 6 Digital Map Solutions Market Size, By Region, 20172024 (USD MILLION)
Table 7 Digital Map Solutions: Mapping Data Market Size, By Region, 20172024 (USD MILLION)
Table 8 Digital Map Solutions: Web Mapping Market Size, By Region, 20172024 (USD MILLION)
Table 9 Digital Map Solutions: GPS Enabled Services Market Size, By Region, 20172024 (USD MILLION)
Table 10 Digital Map Market Size, BY Service, 20172024 (USD Million)
Table 11 Digital Map Services Market Size, By Region, 20172024 (USD MILLION)
Table 12 Digital Map Services: Consulting Market Size, By Region, 20172024 (USD MILLION)
Table 13 Digital Map Services: Cross-Platform Support Market Size, By Region, 20172024 (USD MILLION)
Table 14 Digital Map Services: Deployment and Integration Market Size, By Region, 20172024 (USD MILLION)
Table 15 Digital Map Market Size, BY Mapping type, 20172024 (USD MILLION)
Table 16 Digital Map Mapping Type Market Size, By Region, 20172024 (USD MILLION)
Table 17 Digital Map Mapping Type: Outdoor Mapping Market Size, By Region, 20172024 (USD MILLION)
Table 18 Digital Map Mapping Type: Indoor Mapping Market Size, By Region, 20172024 (USD MILLION)
Table 19 Digital Map Market Size, BY Application, 20172024 (USD MILLION)
Table 20 Digital Map Application Market Size, BY Region, 20172024 (USD MILLION)
Table 21 Digital Map Application: Real-Time Location Data Management Market Size, By Region, 20172024 (USD MILLION)
Table 22 Digital Map Application: Geocoding and Geopositioning Market Size, By Region, 20172024 (USD MILLION)
Table 23 Digital Map Application: Routing and Navigation Market Size, By Region, 20172024 (USD MILLION)
Table 24 Digital Map Application: Asset Tracking Market Size, By Region, 20172024 (USD MILLION)
Table 25 Digital Map Application: Others Market Size, By Region, 20172024 (USD MILLION)
Table 26 Digital Map Market Size, BY Vertical, 20172024 (USD MILLION)
Table 27 Digital Map Verticals Market Size, BY Region, 20172024 (USD MILLION)
Table 28 Digital Map Vertical: Agriculture, Oil and Gas, and Other Natural Resources Market Size, By Region, 20172024 (USD MILLION)
Table 29 Digital Map Vertical: Infrastructure Development and Construction Market Size, By Region, 20172024 (USD MILLION)
Table 30 Digital Map Vertical: Government and Homeland Security Market Size, By Region, 20172024 (USD MILLION)
Table 31 Digital Map Vertical: Logistics, Travel, and Transportation Market Size, By Region, 20172024 (USD MILLION)
Table 32 Digital Map Vertical: Others Market Size, By Region, 20172024 (USD MILLION)
Table 33 Digital Map Market Size, BY Region, 20172024 (USD MILLION)
Table 34 North America: market size, by Component, 20172024 (USD MILLION)
Table 35 North America: market size, by SOLUTION, 20172024 (USD MILLION)
Table 36 North America: Digital map market size, by service, 20172024 (USD MILLION)
Table 37 North America: market size, by mapping type, 20172024 (USD MILLION)
Table 38 North America: market size, by application, 20172024 (USD MILLION)
Table 39 North America: market size, by vertical, 20172024 (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, 20172024 (USD MILLION)
Table 43 Europe: market size, by service, 20172024 (USD MILLION)
Table 44 Europe: market size, by mapping type,
Table 45 Europe: market size, by application,
Table 46 Europe: market size, by vertical, 20172024 (USD MILLION)
Table 47 Europe: market size, by Country, 20172024 (USD MILLION)
Table 48 Asia pacific: Digital map market size, by Component,
Table 49 Asia pacific: market size, by SOLUTION, 20172024 (USD MILLION)
Table 50 Asia pacific: market size, by service, 20172024 (USD MILLION)
Table 51 Asia pacific: market size, by mapping type, 20172024 (USD MILLION)
Table 52 Asia pacific: market size, by application, 20172024 (USD MILLION)
Table 53 Asia pacific: market size, by vertical, 20172024 (USD MILLION)
Table 54 Asia pacific: market size, by Country, 20172024 (USD MILLION)
Table 55 Latin America: Digital map market size, by Component, 20172024 (USD MILLION)
Table 56 Latin America: market size, by SOLUTION, 20172024 (USD MILLION)
Table 57 Latin America: market size, by service, 20172024 (USD MILLION)
Table 58 Latin America: market size, by mapping type, 20172024 (USD MILLION)
Table 59 Latin America: market size, by application, 20172024 (USD MILLION)
Table 60 Latin America: market size, by vertical, 20172024 (USD MILLION)
Table 61 Latin America: market size, by Country, 20172024 (USD MILLION)
Table 62 Middle East and Africa: Digital map market size, by Component, 20172024 (USD MILLION)
Table 63 Middle East and Africa: market size, by SOLUTION, 20172024 (USD MILLION)
Table 64 Middle East and Africa: market size, by service, 20172024 (USD MILLION)
Table 65 Middle East and Africa: market size, by mapping type, 20172024 (USD MILLION)
Table 66 Middle East and Africa: market size, by application, 20172024 (USD MILLION)
Table 67 Middle East and Africa: market size, by vertical, 20172024 (USD MILLION)
Table 68 Middle East and Africa: market size, by Country, 20172024 (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:
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 industrys 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 companys 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)
Speak to analyst to detect blind spots in your revenue decisions by analysing interconnected unknowns around ""
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Digital Map Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Digital Map Market