Digital Maps Market 2019-2026 is Booming Worldwide with Leading Players – TomTom, HERE Technologies, Baidu, Inc., MapBox , Apple Inc., Navinfo and INRIX

Global Digital Maps Market was valued at USD 9.44 Billion in 2018 and is projected to reach USD 29.03 Billion by 2026, growing at a CAGR of 15.38% from 2019 to 2026.

Digital Map, also known as digital cartography is defined as a process of making interactive maps on a digital platform. It is an electronic map that operates on the basis of the combined graphic elements assigned to it in the form of electronic information. Digital mapping involves collection and compilation of data that in turn produces virtual images. It accurately represents a particular geographic area, major roads, rivers and important landmarks such as airports, shopping complex, restaurants, tourist attractions and hospitals in and around any particular area by using predictive symbols and colors. It is also useful in calculating the distance from one place to another as well as calculating the overall time taken to travel to a location in real-time considering the traffic.

Verified Market Research has recently published a new report named “Digital Maps Market Size and Forecast to 2025". This report intends to study the developments of the Digital Maps Market in, including its development status, applicant profiles and future trends, along with focus on the top Key players in the market. To understand all of it, this well-researched report will reveal the market situation in general for you, along with the future forecast of the market.

“Digital Maps” Market report is a professional and in-depth study on the market overview, market dynamics, competitive analysis, and leading player’s various strategies. The report also covers all the key parameters such as product innovation, market strategies of the key players, latest research and development, revenue generation, market share and market expert views.

Digital Maps Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. The scope of the report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions.

The Market is largely fragmented and the vast majority of the players functioning in the global Digital Maps market are taking steps to raise their market footprint, by concentrating on product diversification and development, therefore making them seizes a larger share of the market.

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The Major Key Players in the Market are as follows:

• TomTom NV
• HERE Technologies
• Apple Inc.
• Navinfo Co., Ltd.
• INRIX Inc.
• Baidu, Inc.
• MapBox Inc.

Global Digital Maps Market: Segmentation

The Digital Maps market is segmented on the basis of solution, end-use industry, and geography. On the basis of end-use industry, the market is bifurcated into Energy and Utilities, Automotive, Retail and Real Estate, Construction and Engineering, Logistics, Travel, and Transportation, Government and Defense and Others.

The market for logistics, travel, and transportation is expected to grow at a highest CAGR over the forecast period. Logistics sector is largely influenced by the need to deliver the products on time which reduces losses by timely delivery and safety of products from varying environment. Use of digital map in this sector facilitates the companies with the real time information of vehicles, shortest routes, road conditions, restrictions, and tolls. The digital map caters to the requirements of fleet management, and transportation which helps to solve the problem related to ageing drivers, complex regulations, and changing technologies.

Global Digital Maps Market, By Geography

• North America
• U.S.
• Canada
• Mexico

• Europe
• Germany
• U.K.
• France
• Rest of Europe

• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific

• Latin America
• Brazil
• Argentina

• Rest of the World

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Table Of Content

1 Introduction Of The Global Digital Maps
2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Global Digital Maps Outlook
5 The Global Digital Maps, By Systems
6 The Global Digital Maps, By Service
7 The Global Digital Maps, By Verticals
8 The Global Digital Maps, By Applications
9 The Global Digital Maps, By Geography
10 The Global Digital Maps Competitive Landscape

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support

Complete Report is Available @ https://www.verifiedmarketresearch.com/product/digital-maps-market/?utm_source=OPR&utm_medium=PK

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