Digital Map Market by Component (Solution (Tracking and Telematics, Catchment Analysis, Risk Assessment and Disaster Management, Route Optimization and Planning, Geo-Analytics and Visualization) and Service), Vertical, and Region - Global Forecast to 2023
[155 Pages Report] The global digital map market size accounted for USD 8.06 Billion in 2017 and is projected to reach USD 20.36 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.1% during the forecast period.
Years considered for the report:
- Base Year: 2017
- Estimated Year: 2018
- Projected Year: 2023
- Forecast period: 20182023
Objectives of the Study:
The main objective of the report is to define, describe, and forecast the digital map market size on the basis of components (solutions and services), verticals, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market. It attempts to forecast the market size of 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. The report strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes the competitive developments, such as joint ventures, mergers and acquisitions, and new product developments, in the market.
The research methodology used to estimate and forecast the digital map market size began with the collection and analysis of data on the key vendor revenues through secondary sources, including annual reports and press releases, investor presentations, and technology journals such as Story Map Journal, Geospatial World Magazine, GIS Professional magazine, URISA, and Geospatial Information and Technology Association. The vendor offerings were also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the market from the revenue of the key players and their market shares. The digital map market spending across all regions along with the geographic split in various verticals was considered to arrive at the overall market size. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The breakdown of the profiles of the primary participants is depicted in the below figure:
To know about the assumptions considered for the study, download the pdf brochure
The digital map market includes various vendors providing digital map services, including consulting and advisory services; deploymemt and integration services; and support and maintenance services. Companies such as Esri (US), Google (US), TomTom (Netherlands), Mapbox (US), DigitalGlobe (US), Digital Map Products (US), HERE (Netherlands), MapmyIndia (India), Microsoft (US), NavInfo (China), Nearmap (Australia), Magellan (US), Apple (US), MapQuest (US), AutoNavi (China), Yahoo (US), INRIX (US), Mapmechanics (UK), ZENRIN (Japan), MapSherpa (Canada), OpenStreetMap (UK), Living Map (UK), Automotive Navigation Data (Netherlands), MapMan (UK), and Digital Mapping Solutions (Australia) have adopted various growth strategies, including partnerships, agreements, and collaborations, to enhance their presence in the market.
Key Target Audience
- Digital map providers
- Digital map solution providers
- Digital map service providers
- System integrators
- Consultancy and advisory firms
- Regulatory agencies
- Government entities
The study answers several questions for the stakeholders, primarily, which market segments to focus on in the next 2 to 5 years for prioritizing efforts and investments.
Scope of the Report
The research report segments the digital map market into the following submarkets:
By Solution:
- Tracking and telematics
- Catchment analysis
- Risk assessment and disaster management
- Route optimization and planning
- Geo-analytics visualization
By Service:
- Consulting and advisory services
- Deployment and integration services
- Support and maintenance services
By Vertical:
- Energy and utilities
- Construction and engineering
- Logistics, travel, and transportation
- Government and defense
- Automotive
- Retail and real estate
- Others (telecom and IT, media and entertainment, and BFSI)
By Region:
- North America
- Europe
- APAC
- MEA
- Latin America
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 breakdown of the North American market into the US and Canada
- Further breakdown of the European market into the UK, Germany, and France
Company Information
- Detailed analysis and profiling of additional market players
MarketsandMarkets forecasts the global digital map market size to grow from USD 9.26 billion in 2018 to USD 20.36 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.1%.
The major factors driving the growth of the digital map market are increase in the use of 3D platforms and advanced technologies, increase in the use of intelligent PDAs in portable and smart devices, and rising use of geospatial information. Furthermore, increasing adoption of digital maps among various verticals, and increase in the use of smartphones and internet users are some of the other factors supporting the overall growth of the market.
The digital map market is segmented on the basis of components (solutions and services), vertical, and region. The digital map solutions are segmented into tracking and telematics, catchment analysis, risk assessment and disaster management, route optimization and planning, geo-analytics and visualization. Also, digital map services are segmented into consulting and advisory services; deployment and integration services; and support and maintenance services.
The risk assessment and disaster management solution segment is expected to grow at the highest CAGR during the forecast period. Digital map solutions support the mapping and tracking of natural disasters, such as hurricanes, earthquakes, and volcano eruptions, which may have an immediate impact on the human health as well as a secondary impact, causing further death and suffering. Additionally, they assist in tracking environmental emergencies, such as forest fires caused by humans, and technological and industrial accidents usually involving the production, use, or transportation of hazardous materials. Digital map solutions for risk assessment provide flood maps and information, tools to better assess the risks from flooding, and precautionary planning information to help communities take actions to reduce flood risks.
The deployment and integration services segment is expected to have the largest market share during the forecast period. Deployment and integration services help ensure a satisfactory user experience for digital maps, adhere to IT standards, and maintain budgetary guidelines. Deployment and integration service providers understand the requirements of companies in various verticals and accordingly deploy digital map solutions. Service providers also design customized services based on clients needs and budget to manage workflows and offer ease of use to customers and employees.
The digital map market, on the basis of verticals, is segmented into energy and utilities; construction and engineering; logistics, travel, and transportation; government and defense; automotive; retail and real estate; and others (telecom and IT, media and entertainment, and BFSI). The government and defense vertical is expected to have the largest market share during the forecast period. Government and defense segment is one of the most dominating verticals with respect to the deployment of digital map solutions. Digital map solutions in government and defense vertical are majorly used for warfighting, national security, resource management, military operations, and force protection. Furthermore, they enable the defense team to perform many tasks, including intelligence preparation of the battlefield, terrain analysis, mission planning, and other defense-related analyses.
Asia Pacific (APAC) has witnessed the advanced and dynamic adoption of new technologies, and it has always been a lucrative market. The region is expected to grow at the highest CAGR during the forecast period in the digital map market, as the governments in the APAC countries are continuously investing in the R&D of digital maps solutions and services. The increasing demand for geospatial data, GIS systems, and associated services in this region can be attributed to the various initiatives taken by the government to bridge the gap between the prevailing digital and geospatial technologies. In APAC, digital map technologies are utilized for rural and agricultural development and mostly for surveying and mapping plantation crops. Moreover, with the increasing infrastructural growth in various countries in the region, digital maps are expected to be used for city planning and development programs.
The growth in the use of free crowdsourcing digital maps, and government regulations in mapping territory data are some of the restraining factors in the digital map market.
The study measures and evaluates the offerings and key strategies undertaken by the major market players, including Esri (US), Google (US), TomTom (Netherlands), Mapbox (US), DigitalGlobe (US), Digital Map Products (US), HERE (Netherlands), MapmyIndia (India), Microsoft (US), NavInfo (China), Nearmap (Australia), Magellan (US), Apple (US), MapQuest (US), AutoNavi (China), Yahoo (US), INRIX (US), Mapmechanics (UK), ZENRIN (Japan), MapSherpa (Canada), OpenStreetMap (UK), Living Map (UK), Automotive Navigation Data (Netherlands), MapMan (UK), and Digital Mapping Solutions (Australia). These companies have been at the forefront in offering reliable digital map solutions and services to commercial clients across the globe.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 16)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders
2 Research Methodology (Page No. - 19)
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primary Participants profiles
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Assumptions
2.4 Limitations
3 Executive Summary (Page No. - 26)
4 Premium Insights (Page No. - 29)
4.1 Attractive Opportunities in the Global Digital Map Market
4.2 Digital Map Market: By Service
4.3 Digital Map Market: Top 3 Verticals and Regions, 2018
4.4 Digital Map Market, By Region, 2018 vs 2023
4.5 Digital Map Market Investment Scenario (20182023)
5 Market Overview (Page No. - 32)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in the Use of 3d Platforms and Advanced Technologies
5.2.1.2 Increase in the Use of Intelligent Pdas in Portable and Smart Devices
5.2.1.3 Increase in the Use of Geospatial Information
5.2.1.4 Increase in the Use of Smartphones and Internet Users
5.2.1.5 Increase in the Adoption of Digital Maps Among Various Verticals
5.2.2 Restraints
5.2.2.1 Growth in the Use of Free Crowdsourcing Digital Maps
5.2.2.2 Government Regulations in Mapping Territory Data
5.2.3 Opportunities
5.2.3.1 Real-Time Mapping of Data
5.2.3.2 Advent of Big Data and Cloud Computing in Mapping
5.2.4 Challenges
5.2.4.1 Mobile App Security and Data Privacy Concerns
5.2.4.2 Lack of Competent Professionals
6 Digital Map Market, By Component (Page No. - 37)
6.1 Introduction
6.2 Solutions
6.3 Services
7 Digital Map Market, By Solution (Page No. - 41)
7.1 Introduction
7.2 Tracking and Telematics
7.3 Catchment Analysis
7.4 Risk Assessment and Disaster Management
7.5 Route Optimization and Planning
7.6 Geo-Analytics and Visualization
8 Digital Map Market, By Service (Page No. - 48)
8.1 Introduction
8.2 Consulting and Advisory
8.3 Deployment and Integration
8.4 Support and Maintenance
9 Digital Map Market, By Vertical (Page No. - 53)
9.1 Introduction
9.2 Energy and Utilities
9.3 Construction and Engineering
9.4 Logistics, Travel, and Transportation
9.5 Government and Defense
9.6 Automotive
9.7 Retail and Real Estate
9.8 Others
10 Digital Map Market, By Region (Page No. - 62)
10.1 Introduction
10.2 North America
10.2.1 United States
10.2.2 Canada
10.3 Europe
10.3.1 United Kingdom
10.3.2 Germany
10.3.3 Rest of Europe
10.4 Asia Pacific
10.5 Middle East and Africa
10.6 Latin America
11 Competitive Landscape (Page No. - 88)
11.1 Overview
11.2 Competitive Scenario
11.2.1 New Product Launches
11.2.2 Mergers and Acquisitions
11.2.3 Partnerships and Agreements
11.2.4 Market Ranking for the Digital Map Market, 2018
12 Company Profiles (Page No. - 93)
(Business Overview, Software Offered, Recent Developments, and MNM View)*
12.1 ESRI
12.2 Google
12.3 Tomtom
12.4 Mapbox
12.5 Digitalglobe
12.6 Digital Map Products
12.7 Here
12.8 Mapmyindia
12.9 Microsoft
12.10 Navinfo
12.11 Nearmap
12.12 Magellan
12.13 Apple
12.14 Mapquest
12.15 Autonavi
12.16 Yahoo
12.17 Inrix
12.18 Mapmechanics
12.19 Zenrin
12.20 Mapsherpa
12.21 Openstreetmap
12.22 Living Map
12.23 Automotive Navigation Data
12.24 Mapman
12.25 Digital Mapping Solutions
*Details on Business Overview, Software Offered, Recent Developments, and MNM View might not be captured in case of unlisted companies.
13 Appendix (Page No. - 144)
13.1 Industry Excerpts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details
List of Tables (70 Tables)
Table 1 Digital Map Market Size, By Component, 20162023 (USD Million)
Table 2 Solutions: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 3 Services: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 4 Digital Map Market Size, By Solution, 20162023 (USD Million)
Table 5 Tracking and Telematics: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 6 Catchment Analysis: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 7 Risk Assessment and Disaster Management: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 8 Route Optimization and Planning: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 9 Geo-Analytics and Visualization: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 10 Digital Map Market Size, By Service, 20162023 (USD Million)
Table 11 Consulting and Advisory: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 12 Deployment and Integration: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 13 Support and Maintenance: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 14 Digital Map Market Size, By Vertical, 20162023 (USD Million)
Table 15 Energy and Utilities: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 16 Construction and Engineering: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 17 Logistics, Travel, and Transportation: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 18 Government and Defense: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 19 Automotive: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 20 Retail and Real Estate: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 21 Others: Digital Map Market Size, By Region, 20162023 (USD Million)
Table 22 Digital Map Market Size, By Region, 20162023 (USD Million)
Table 23 North America: Digital Map Market Size, By Component, 20162023 (USD Million)
Table 24 North America: Digital Map Market Size, By Solution, 20162023 (USD Million)
Table 25 North America: Digital Map Market Size, By Service, 20162023 (USD Million)
Table 26 North America: Digital Map Market Size, By Vertical, 20162023 (USD Million)
Table 27 North America: Digital Map Market Size, By Country, 20162023 (USD Million)
Table 28 United States: Digital Map Market Size, By Component, 20162023 (USD Million)
Table 29 United States: Digital Map Market Size, By Solution, 20162023 (USD Million)
Table 30 United States: Digital Map Market Size, By Service, 20162023 (USD Million)
Table 31 United States: Digital Map Market Size, By Vertical, 20162023 (USD Million)
Table 32 Canada: Digital Map Market Size, By Component, 20162023 (USD Million)
Table 33 Canada: Digital Map Market Size, By Solution, 20162023 (USD Million)
Table 34 Canada: Digital Map Market Size, By Service, 20162023 (USD Million)
Table 35 Canada: Digital Map Market Size, By Vertical, 20162023 (USD Million)
Table 36 Europe: Digital Map Market Size, By Component, 20162023 (USD Million)
Table 37 Europe: Digital Map Market Size, By Solution, 20162023 (USD Million)
Table 38 Europe: Digital Map Market Size, By Service, 20162023 (USD Million)
Table 39 Europe: Digital Map Market Size, By Vertical, 20162023 (USD Million)
Table 40 Europe: Digital Map Market Size, By Country, 20162023 (USD Million)
Table 41 United Kingdom: Digital Map Market Size, By Component, 20162023 (USD Million)
Table 42 United Kingdom: Digital Map Market Size, By Solution, 20162023 (USD Million)
Table 43 United Kingdom: Digital Map Market Size, By Service, 20162023 (USD Million)
Table 44 United Kingdom: Digital Map Market Size, By Vertical, 20162023 (USD Million)
Table 45 Germany: Digital Map Market Size, By Component, 20162023 (USD Million)
Table 46 Germany: Digital Map Market Size, By Solution, 20162023 (USD Million)
Table 47 Germany: Digital Map Market Size, By Service, 20162023 (USD Million)
Table 48 Germany: Digital Map Market Size, By Vertical, 20162023 (USD Million)
Table 49 Rest of Europe: Digital Map Market Size, By Component, 20162023 (USD Million)
Table 50 Rest of Europe: Digital Map Market Size, By Solution, 20162023 (USD Million)
Table 51 Rest of Europe: Digital Map Market Size, By Service, 20162023 (USD Million)
Table 52 Rest of Europe: Digital Map Market Size, By Vertical, 20162023 (USD Million)
Table 53 Asia Pacific: Digital Map Market Size, By Component, 20162023 (USD Million)
Table 54 Asia Pacific: Digital Map Market Size, By Solution, 20162023 (USD Million)
Table 55 Asia Pacific: Digital Map Market Size, By Service, 20162023 (USD Million)
Table 56 Asia Pacific: Digital Map Market Size, By Vertical, 20162023 (USD Million)
Table 57 Asia Pacific: Digital Map Market Size, By Country, 20162023 (USD Million)
Table 58 Middle East and Africa: Digital Map Market Size, By Component, 20162023 (USD Million)
Table 59 Middle East and Africa: Digital Map Market Size, By Solution, 20162023 (USD Million)
Table 60 Middle East and Africa: Digital Map Market Size, By Service, 20162023 (USD Million)
Table 61 Middle East and Africa: Digital Map Market Size, By Vertical, 20162023 (USD Million)
Table 62 Middle East and Africa: Digital Map Market Size, By Country, 20162023 (USD Million)
Table 63 Latin America: Digital Map Market Size, By Component, 20162023 (USD Million)
Table 64 Latin America: Digital Map Market Size, By Solution, 20162023 (USD Million)
Table 65 Latin America: Digital Map Market Size, By Service, 20162023 (USD Million)
Table 66 Latin America: Digital Map Market Size, By Vertical, 20162023 (USD Million)
Table 67 Latin America: Digital Map Market Size, By Country, 20162023 (USD Million)
Table 68 New Product Launches, 20152018
Table 69 Mergers and Acquisitions, 20162018
Table 70 Partnerships and Agreements, 20172018
List of Figures (51 Figures)
Figure 1 Global Digital Map Market: Market Segmentation
Figure 2 Global Digital Map Market: Research Design
Figure 3 Breakup of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Top 3 Segments in the Global Digital Map Market in 2018
Figure 8 Solutions Segment is Expected to Have A Higher Market Share in 2018
Figure 9 North America is Estimated to Hold the Highest Market Share in 2018
Figure 10 Increase in the Use of Geospatial Information, Smartphones, and Internet Users is Expected to Drive the Growth of the Digital Map Market
Figure 11 Consulting and Advisory, Deployment and Integration, and Support and Maintenance Services are Projected to Record Impressive CAGR (20182023)
Figure 12 Government and Defense Vertical, and North American Region are Estimated to Hold the Highest Market Shares in 2018
Figure 13 Asia Pacific is Expected to Record the Highest CAGR During the Forecast Period
Figure 14 Asia Pacific is Considered to Be the Best Market to Invest in During the Forecast Period
Figure 15 Digital Map Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 Services Segment is Expected to Grow at A Higher CAGR in the Digital Map Market During the Forecast Period
Figure 17 Asia Pacific is Expected to Have the Highest CAGR During the Forecast Period
Figure 18 Asia Pacific is Expected to Have the Highest CAGR in the Services Segment During the Forecast Period
Figure 19 Risk Assessment and Disaster Management Solutions Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 20 Asia Pacific is Expected to Register the Highest CAGR in the Risk Assessment and Disaster Management Solutions Segment During the Forecast Period
Figure 21 Asia Pacific is Expected to Grow at the Highest CAGR in the Route Optimization and Planning Solutions Segment During the Forecast Period
Figure 22 Support and Maintenance Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 Asia Pacific is Expected to Grow at the Highest CAGR in the Consulting and Advisory Services Segment During the Forecast Period
Figure 24 Europe is Expected to Register the Highest CAGR in the Support and Maintenance Services Segment During the Forecast Period
Figure 25 Government and Defense Vertical is Estimated to Have the Largest Market Size in 2018
Figure 26 Asia Pacific is Expected to Grow at the Highest CAGR in the Government and Defense Vertical During the Forecast Period
Figure 27 Asia Pacific is Expected to Have the Highest CAGR in the Automotive Vertical During the Forecast Period
Figure 28 North America is Expected to Have the Largest Market Size During the Forecast Period
Figure 29 Asia Pacific is Expected to Exhibit the Highest CAGR in the Digital Map Market During the Forecast Period
Figure 30 North America: Market Snapshot
Figure 31 Support and Maintenance Services Segment is Expected to Exhibit the Highest CAGR During the Forecast Period in North America
Figure 32 Automotive Vertical is Expected to Register the Highest CAGR During the Forecast Period in North America
Figure 33 Support and Maintenance Services Segment is Expected to Exhibit the Highest CAGR During the Forecast Period in Europe
Figure 34 The Automotive Vertical is Expected to Exhibit the Highest CAGR During the Forecast Period in Europe
Figure 35 Asia Pacific: Market Snapshot
Figure 36 The Automotive Vertical is Expected to Exhibit the Highest CAGR During the Forecast Period in Asia Pacific
Figure 37 The Retail and Real Estate Vertical is Expected to Exhibit the Highest CAGR During the Forecast Period in Asia Pacific
Figure 38 Key Developments By the Leading Players in the Digital Map Market During 20152018
Figure 39 Google: Company Snapshot
Figure 40 Google: SWOT Analysis
Figure 41 Tomtom: Company Snapshot
Figure 42 Tomtom: SWOT Analysis
Figure 43 Digitalglobe: Company Snapshot
Figure 44 Digitalglobe: SWOT Analysis
Figure 45 Microsoft: Company Snapshot
Figure 46 Microsoft: SWOT Analysis
Figure 47 Nearmap: Company Snapshot
Figure 48 Nearmap: SWOT Analysis
Figure 49 Apple: Company Snapshot
Figure 50 Zenrin: Company Snapshot
Figure 51 Automotive Navigation Data: Company Snapshot
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Growth opportunities and latent adjacency in Digital Map Market