Global Digital Maps Market Will Reach A Revised Size Of Us$ 36630 Million By 2028, Growing At A Cagr Of 14.6% During 2022-2028

Digital maps are a virtual image created by collecting data and formatting it into an image. It is also called as cartography. The process of collecting data and formatting it into a virtual image is called as digital formatting. Its main application is to create maps that can provide accurate information and representation about a particular area, road or any other point of interest. Digital maps evolved from the traditional paper maps such as Thomas Guide.

Market Overview

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Digital Maps estimated at US$ 16160 million in the year 2022, is projected to reach a revised size of US$ 36630 million by 2028, growing at a CAGR of 14.6% during the forecast period 2022-2028.

The key market drivers of digital maps are the increasing adoption of advanced technology in making maps and surveying and increasing adoption of digital maps in industries. The increase in competition among the providers of digital map technology is prompting the vendors to increase their product portfolios and to enhance their technology to offer more user-friendly maps to the customers. Motorized stations are GPS technologies are now being adopted in place of optical and mechanical instruments which were earlier used for surveying. Update on real time basis technology and greater coverage of remote areas are the new technological trends in digital maps market.

Los Angeles, United States October 2022,- The research study presented here is a brilliant compilation of different types of analysis of critical aspects of the global Digital Maps market. It sheds light on how the global Digital Maps market is expected to grow during the course of the forecast period. With SWOT analysis and Porter's Five Forces analysis, it gives a deep explanation of the strengths and weaknesses of the global Digital Maps market and the different players operating therein. The authors of the report have also provided qualitative and quantitative analyses of several microeconomic and macroeconomic factors impacting the global Digital Maps market. In addition, the research study helps to understand the changes in the industry supply chain, manufacturing process and cost, sales scenarios, and dynamics of the global Digital Maps market.

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Report Scope

This report aims to provide a comprehensive presentation of the global market for Digital Maps, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Maps.

The Digital Maps market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global Digital Maps market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Digital Maps market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

Market Segmentation

This report covers the Digital Maps segments by manufacturers, by type, by application, by region and country, and provides market size and CAGR for the history and forecast period (2017-2022, 2023-2028), considering 2021 as the base year. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.

By Company

Apple

AutoNavi Holding

Google

Micello

Tom Tom

NavInfo

ArcGIS Online

Yahoo!

Maps

Zenrin

WoNoBo

Bing Maps

GeoMapserver

MapQuest

MapSherpa

NearMap

OpenStreetMap

Inrix

Mapion

Mappy

Roadtrippers

WikiMapia

MapmyIndia

ViaMichelin

Magellan Navigation

Bhuvan

Baidu Maps

Digital Maps Segment by Type

Indoor Maps

Outdoor Maps

Digital Maps Segment by Application

Automotive Navigation

Mobile And The Internet

Public Sector Agencies And Enterprise

Others

Digital Maps Segment by Region

North America (USA, Canada, Mexico)

Europe (Germany, the U.K., France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)

Reasons to Buy This Report

Informative and detailed data, historical and forecast revenue data, which is analyzed to tell you why your market is set to change. Provision of market value (USD million) data for each segment and sub-segment.

This report will help stakeholders to understand the global industry status and trends of Digital Maps and provides them with information on key market drivers, restraints, challenges, and opportunities. This enables you to anticipate market changes to remain ahead of your competitors.

This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition. This concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly.

This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Digital Maps industry. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Core Chapters

Chapter One: Introduces the

Report Scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2017-2022, 2023-2028). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter Two: Provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter Three: Provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter Four: Detailed analysis of Digital Maps companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.

Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.

Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter Twelve: Research Finding/Conclusion

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