Press release
Global Digital Map Market to grow at a CAGR of 15.92% during the period 2017-2021
A digital map is a collection of data compiled to produce a map in the form of a virtual image. Digital maps are rooted in conventional cartography, which has become a concern in terms of both geographic information systems and mapping fields. The primary functionality of digital maps is to produce maps that give the accurate result pertaining to a particular area. It also calculates the distance from one place to another and calculates the overall time taken to travel to a location in real-time considering the traffic. The primary use of a digital map is in conjunction with global positioning system (GPS) and automotive navigation systems.
Technavios analysts forecast the global digital map market to grow at a CAGR of 15.92% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global digital map market for 2017-2021. 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
Technavio's report, Global Digital Map Market 2017-2021, 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.
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Key vendors
Alibaba
Apple
HERE
Micello
NavInfo
Other prominent vendors
CE Info Systems
Digital Map Products
MapQuest
MapSherpa
MAPMECHANICS
Nearmap
OnStar
OpenStreetMap
PeopleNet
Sensewhere
TomTom International
Traceon
ViaMichelin
Market driver
Adoption of intelligent PDAs
For a full, detailed list, view our report
Market challenge
Security and privacy of mobile apps
For a full, detailed list, view our report
Market trend
Availability of location-based services
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 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?
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