Press release
Automotive Digital Mapping Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Automotive Digital Mapping Market Size
The surge in the quantity of interconnected vehicles is projected to stimulate the expansion of the automotive digital mapping market. Vehicles with internet connectivity and wireless communication capabilities that facilitate data exchange with other automobiles, infrastructure, and external networks are known as connected cars. Technological advancements, customer demand, the surge in autonomous and electric vehicles, and business prospects are propelling the adoption of these connected car technologies. The cornerstone of this technology is automotive digital mapping, which allows for advanced navigation, real-time traffic updates, augmented safety features, and a smooth driving experience. Casa Autopromotec s.r.l., a vehicle machinery manufacturer based in Italy, reported that the world had 350 million connected cars in circulation as of January 2023, marking an 18% surge from 2022. Therefore, the escalating number of interconnected automobiles is fueling the expansion of the automotive digital mapping market.
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What is the projected compound annual growth rate (CAGR) of the automotive digital mapping market from 2025 to 2034, and what factors influence it?
The size of the automotive digital mapping market has experienced swift expansion in the past few years. The market, which is projected to swell from $9.14 billion in 2024 to $10.71 billion in 2025, will record a compound annual growth rate (CAGR) of 17.1%. This notable growth in the past years can be credited to the early progression of digital mapping, the booming automotive industry, the growth of the commercial vehicle market, the rising consumer requirement for navigation and location-focused services, and the widespread adoption of advanced driver assistance systems (ADAS).
The size of the automotive digital mapping market is predicted to rapidly expand in the upcoming years, reaching $19.92 billion by 2029, with a compound annual growth rate (CAGR) of 16.8%. The anticipated growth within this forecast period can be linked to the development of smart city programs, increased demand for up-to-date traffic data, expansion in the electric vehicle segment, heightened focus on eco-friendly methods, and increase in the delivery and logistics industry. Key trends forecasted for this period involve the use of mapping tech in new mobility, advances in artificial intelligence and machine learning, the application of augmented reality (AR) technology, and partnerships between mapping companies and government entities.
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How are the latest trends influencing the growth of the automotive digital mapping market?
Key players in the automotive digital mapping industry are concentrating their efforts on the creation of ground-breaking and highly automated mapping technologies such as UniMap, aiming to enhance the precision and functionality of navigation systems. UniMap is an innovative mapping platform that introduces a new era in cartography and provides the most up-to-date information to reform how maps are generated, revised, and used. For example, HERE Technologies, a firm from the Netherlands specializing in mapping techniques, introduced UniMap in March 2023. This technology is a highly automated mapping system made for the swift production of digital maps and location services, promising unparalleled levels of map freshness, quality, and coverage. UniMap runs on a novel computing architecture that automates the process of map data processing and crafting, amalgamates various forms of data, creates a composite map, and allows updates in real-world conditions to appear on the map within a day.
What are the major segments of the automotive digital mapping market and their role in driving growth?
The automotive digital mapping market covered in this report is segmented -
1) By Component: Solutions, Services
2) By Mapping Type: 2D Maps, 3D Maps, Satellite Imagery
3) By Application: Autonomous Cars, Logistics Control Systems, Advanced Driver Assistance Systems, Other Applications
Subsegments:
1) By Solutions: Mapping Software, Navigation Systems, Real-Time Traffic Mapping Solutions, Geospatial Data Solutions, Map Update Solutions, Autonomous Vehicle Mapping Solutions
2) By Services: Map Data Collection And Processing Services, Data Analytics And Insights Services, Integration And Implementation Services, Map Customization And Consultation Services, Maintenance And Support Services
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Which regions are key players in the growth of the automotive digital mapping market?
North America was the largest region in the automotive digital mapping market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive digital mapping market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the automotive digital mapping market?
Major companies operating in the automotive digital mapping market are Apple Inc., Google LLC, Microsoft, Huawei Technologies Co. Ltd., Denso Corporation, Continental AG, Magna International Inc., Aisin Seiki Co. Ltd., NVIDIA Corporation, Valeo, Baidu Inc., NXP Semiconductors, Analog Devices Inc., Renesas Electronics Corporation, Synopsys Inc., Trimble Inc., HERE Technologies, DigitalGlobe Inc., MiTAC International Corporation, ESRI Inc., Cyient Limited, TomTom International, Telenav Inc., Mapbox Inc., INRIX Inc., Nearmap Ltd., GeoDigital International Inc., Waze Mobile Ltd.
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What Is Covered In The Automotive Digital Mapping Global Market Report?
•Market Size Forecast: Examine the automotive digital mapping market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the automotive digital mapping market for a structured understanding.
•Key Players Overview: Analyze major players in the automotive digital mapping market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automotive digital mapping market.
•Segment Contributions: Evaluate how different segments drive overall growth in the automotive digital mapping market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automotive digital mapping market.
•Industry Challenges: Identify potential risks and obstacles affecting the automotive digital mapping market.
•Competitive Landscape: Review strategic developments in the automotive digital mapping market, including expansions, agreements, and new product launches.
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