Press release
Electronic Cartography Market to 2028, Future Outlook, COVID-19 Impact Analysis, Forecast -2028
The global electronic cartography market is anticipated to grow at a significant CAGR of 1.3% during the forecast period (2022-2028).The global electronic cartography market is growing due to various factors such as the adoption of advanced technologies and changing landscape of customer intelligence and thoughts. The rapid technological changes and the increasing penetration of smartphones and tablets with internet facilities are also driving the growth of the market. These smartphones are widely used for navigation purposes and driving assistance. Additionally, the users are also using Geographic Information System and GPS applications to locate nearby fuel stations, restaurants, theatre halls, and other popular landmarks which is also boosting the demand for electronic cartography. The rising demand for real-time mapping of data to create accurate and updated digital representation along with the ability to analyze and display streaming data from sensors, devices, and social media feed is expected to propel the growth of the global electronic cartography market.
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The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new launches, to stay competitive in the market. For instance-
• In February 2022, the Indian government announced its plan to prepare digital maps of all its 600,000 villages and PAN-India 3D maps for 100 cities.
• In January 2022, HERE announced the launch of their Indoor Map which will be a one-stop shop for indoor mapping solutions.
• In December 2021, Genesys announced their PAN-India 3d mapping program to create the Digital Twin of entire urban India to improve the driving and navigation experience.
• In June 2021, Esri launched a new high-resolution, 2020 global land cover map as part of the company's Living Atlas. The map was built using European Space Agency Sentinel-2 satellite imagery and developed using a new machine learning workflow teaming with the new Esri Silver Partner Impact Observatory with the partnership of Microsoft.
Market Coverage
• The market number available for - 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Microsoft, Avira Operations GmbH, McAfee, LLC, F-Secure, Avast Software s.r.o., and BullGuard, among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Electronic Cartography Market Report by Segment
By Type
• Electronic Chart Systems (ECS)
• Raster Chart Display Systems (RCDS)
• Electronic Chart Display
• Information Systems (ECDIS)
By Application
• Marine
• Aviation
• Others
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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