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Huge Adoption of Digital Map Solution and Services Market by World in 2019| Know the Coming Development factors with key Players- Apple Inc., Autonavi HERE Technologies, Navinfo Co., Ltd., TomTom, INRIX Inc. and ESRI

02-27-2019 09:19 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research N Reports

Digital Map Solution and Services Market

Digital Map Solution and Services Market

The “Digital Map Solution and Services Market 2019” report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. The report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. The report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

Global Digital Map Solution and Services Market size accounted for USD +8 Billion in 2019 and is projected to reach USD +20 Billion by 2025, at a CAGR of +18% during the forecast period.

Digital Map is the procedure by which a gathering of information is incorporated and arranged into a virtual picture. The essential capacity of this innovation is to create maps that give precise portrayals of a specific zone, specifying real street supply routes and different focal points. The innovation likewise permits the figuring of separations starting with one spot then onto the next. Albeit computerized mapping can be found in an assortment of PC applications the primary utilization of these maps is with the GPS, or utilized in standard car route frameworks.

Top key players:

Apple Inc., Autonavi Software Co. Ltd., HERE Technologies, Navinfo Co., Ltd., TomTom NV, INRIX Inc., Environmental Systems Research Institute (ESRI), and Google Inc.

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Automotive companies are some of the largest users of the digital map technology. This can be attributed to the growing interest of automakers in connected and self-driven cars. Digital Map Solution and Services offer various features that provide information on driving lanes, emergency lanes, parking areas, crossings, intersection areas, intersection lanes, lane markings, and traffic signs. Enterprises in the automotive vertical are rapidly adopting digital map solutions to use them in self-driving cars. Digital maps and GIS assist in the mapping of self-driving cars in real time.

The detailed segments and sub-segment of the market are explained below:
By Solution:

• Tracking & Telematics
• Catchments Analysis
• Risk Assessment & Disaster Management
• Route Optimizing & Planning

By Services:

• Consulting & Advisory
• Deployment & Integration
• Support & Maintenance

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By Vertical:

• Energy & Utilities
• Construction & Engineering
• Logistics, Travel. & Transportation
• Government & Defense
• Automotive

Geographically, the Digital Map Solution and Services market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia-Pacific is expected to be the fastest growing market for Digital Map Solution and Services during the forecast period. Increasing usage of information’s from a digital map in this region drive the market.

Digital Map Solution and Services market report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

Key Highlights:
• Global Digital Map Solution and Services Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Digital Map Market.
• Global Digital Map Market segmentation on the basis of applications, functions, and geography (country-wise) has been provided.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Digital Map Market are also profiled.

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https://www.researchnreports.com/enquiry_before_buying.php?id=230839

About Research N Reports:

Research N Reports is a new age market research firm where we focus on providing information that can be effectively applied. Today being a consumer driven market, companies require information to deal with the complex and dynamic world of choices. Where relying on a sound board firm for your decisions becomes crucial. Research N Reports specializes in industry analysis, market forecasts and as a result getting quality reports covering all verticals, whether be it gaining perspective on current market conditions or being ahead in the cut throat Global competition. Since we excel at business research to help businesses grow, we also offer consulting as an extended arm to our services which only helps us gain more insight into current trends and problems. Consequently, we keep evolving as an all-rounder provider of viable information under one roof.

Contact us:
Mr. Sunny Denis
Contact No. +1-888-631-6977
sales@researchnreports.com
Research N Reports

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