Press release
Digital Map Market Growing at 14.27% CAGR To Reach US$ 107.79 Billion Forecast Period 2025 to 2034
Digital Map Market
Market Overview:
Digital mapping is the process of generating a map or visual depiction of the real world utilizing digital technology. Digital maps allow users to observe geographic details about particular locations and render analysis based on gathered data. Geographic Information System (GIS) is a system utilized to generate, reserve, investigate, and present geographical data. This system permits users to observe and investigate information about particular locations involving land types, weather motifs, and demographics.
Satellite image processing is also used in digital mapping. These satellite images offer a top-down scene and can offer information about particular locations or areas. Satellite image processing is a drone utilizing computer technology that can convert satellite images into numerical data that can be probed. Also, digital mapping includes drones. Drones can fly over specific locations and can capture photos from the top.
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Driving Factors:
Growing Usage in Automotive Industries:
The growing integration of AI and real-time data analytics in digital maps is changing the automotive industry. The demand for accurate navigation, smart route planning, and security-improving attributes continues to surge in the industry as there is a surge in-vehicle connectivity. Automakers and tech firms are capitalizing on digital maps to reinforce autonomous driving, electric vehicle framework, and usage-dependent insurance models having a favorable impact on digital map market sales.
Advancement of Navigational Apps:
The integration of navigational apps in smartphones has transformed how users navigate as they provide alternate directions, real-time congestion updates, points of scrutiny details, and real-time location tracking. Their ease has made them important for daily travel and inspection, escalating the requirement for precise and latest mapping data.
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Competitive Landscape:
The market has the presence of both established players and new entrants.
Some of the of key companies profiled are:
• Apple Inc.
• Beijing NavInfo Technology Co., Ltd.
• Collins Bartholomew
• Digital Map Products, Inc. (LightBox)
• Google LLC
• HERE
• IndoorAtlas
• Inpixon
• Mapbox
• MapData Services Pty Ltd. (Esri Australia)
• MapmyIndia
• Maxar Technologies Inc. (DigitalGlobe)
• Microsoft Corp
• NavInfo Europe B.V.
• Nearmap
• TomTom International BV
Digital Map Market Report Highlights:
• Based on technology, the LiDAR segment led the digital map market share in 2024 due to its high precision, aiding urban planning, infrastructure, and autonomous driving. Growing affordability and adoption continue driving market growth.
• The route planning and optimization segment, by application, is experiencing rapid growth due to its role in enhancing efficiency, reducing costs, and adapting to dynamic conditions, driving market expansion and innovation.
• North America leads the digital map market revenue share due to advanced mapping technologies, smart infrastructure investments, and strong regulatory support, driving innovation in transportation, logistics, smart cities, and autonomous vehicle solutions.
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Market Segmentation:
The digital map market segmentation is based on technology, application, end use, and region.
Based on technology, the LiDAR segment held the largest market share in 2024 due to its unparalleled accuracy in capturing high-resolution 3D data.
Based on application, the route planning and optimization segment is expected to register the highest CAGR during the forecast period due to the growing requirement for productive conveyance and logistics solutions.
Digital Map Market, Technology Outlook (Revenue - USD Billion, 2020-2034)
• Lidar
• InSAR
• GIS
• Other
Digital Map Market, Application Outlook (Revenue - USD Billion, 2020-2034)
• Tracking and telematics
• Real-time location data Management
• Risk assessment and disaster management
• Geocoding and geo-positioning
• Route planning and optimization
Digital Map Market, End-Use Outlook (Revenue - USD Billion, 2020-2034)
• Automotive
• Infrastructure and energy
• Mobile device
• Retail
• Military & defence
• Government
• Others
Geographical Insights:
• North America
o Technology Outlook
• Lidar
• InSAR
• GIS
• Other
o Application Outlook
• Tracking and telematics
• Real-time location data Management
• Risk assessment and disaster management
• Geocoding and geo-positioning
• Route planning and optimization
o End-Use Outlook
• Automotive
• Infrastructure and energy
• Mobile device
• Retail
• Military & defence
• Government
• Others
• Asia Pacific
o Technology Outlook
• Lidar
• InSAR
• GIS
• Other
o Application Outlook
• Tracking and telematics
• Real-time location data Management
• Risk assessment and disaster management
• Geocoding and geo-positioning
• Route planning and optimization
o End-Use Outlook
• Automotive
• Infrastructure and energy
• Mobile device
• Retail
• Military & defence
• Government
• Others
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