Press release
Automotive HD Maps Market Soaring at 13.79% CAGR During the Period 2018-2022
Research analysts forecast the global Automotive HD Maps Market to grow at a CAGR of 13.79% during the period 2018-2022.
The maps that are particularly built for self-driving purposes are usually called high definition maps or HD maps. These maps specifically have extremely high precision at centimeter-level accuracy. The market generates revenue as vendors offer automotive HD maps solutions to the automakers and vehicle renting service providers globally.
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Covered in this report
The report covers the present scenario and the growth prospects of the global Automotive HD Maps market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: Americas, APAC, EMEA.
Research report, Global Automotive HD Maps Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors – TomTom, HERE, Intel, NVIDIA.
Market driver
Maturing autonomous vehicles concept - boosting need for HD maps
For a full, detailed list, view our report
Market challenge
High cost associated with HD mapping
For a full, detailed list, view our report
Market trend
Adoption of high bandwidth automotive networks
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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