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How the Digital Map Market is developing over 6 market segments? | Top Key Players are Esri, Google, DigitalGlobe, HERE, Nearmap, Magellan, Microsoft, NavInfo, AutoNavi, Digital Mapping Solutions, Automotive Navigation Data, MapM
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The digital maps are used for tracking & telematics, catchment analysis, risk assessment & disaster management, route optimization, and geo-analytics visualization. The route optimization market holds a dominant market share in the solution market. The route optimization is widely used across the logistics & transportation sector to boost the productivity and efficiency by reducing the time spent on planning routes from one location to the other. The disaster management market is estimated to grow at a fast pace over the projected time period. The digital maps are used for improving the collaboration between the volunteers & humanitarian organizations.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Esri
2. Google
3. DigitalGlobe
4. Nearmap
5. Magellan
6. Microsoft
7. NavInfo
8. AutoNavi
9. Digital Mapping Solutions
10. Automotive Navigation Data
Over the years, smartphone users have increased significantly due to the availability of inexpensive mobile devices, fostering the digital map market growth. The smartphone users utilize digital maps to locate the nearby recreational services and emergency services such as restaurants, hospitals, and departmental stores. In addition, the marketers also use the digital maps to advertise their services based on their customers’ location.
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The Asia Pacific region is expected to grow the fastest over the projected timeframe due to the widespread adoption of smartphones in the region. This can be attributed to the availability of cost-effective mobile devices equipped with navigational applications. In addition, the governments in the region are exploring new opportunities to improve the public infrastructure. For instance, the government of India has announced plans to create Aadhaar-based digital maps for residential properties.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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