2025 Digital Map Industry Trends Report: Long-Term Outlook Through 2034

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How Large Will the Digital Map Market Size By 2025?
In recent years, a rapid expansion has been witnessed in the digital map market. It is projected to escalate from $18.36 billion in 2024 to a whopping $20.63 billion in 2025, boasting a compound annual growth rate (CAGR) of 12.3%. The notable growth observed during the historic period may be credited to the burgeoning demand for location-specific services, the surge in navigation and GIS applications, infrastructural advancement plans, and the broadening scope of mobile and internet technologies.

How Big Is the Digital Map Market Size Expected to Grow by 2029?
The market size of digital maps is projected to experience a swift expansion in the forTH*Coming years, reaching a valuation of $37.13 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 15.8%. This predicted surge during the forecast period is primarily due to a number of factors such as the growing utilization of drones for mapping and surveying, the advancement of smart city initiatives, an increasing demand for indoor mapping techniques, and rising urbanization trends. Noteworthy trends during this projected period encompass real-time and dynamically updated mapping, a focus on 3D and high-resolution mapping, the assimilation of artificial intelligence and machine learning for conducting map analysis, strategic partnerships between mapping organizations and autonomous vehicle makers, as well as the use of maps for environmental supervision and tracking climate change.

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Which Key Market Drivers Powering Digital Map Market Expansion and Growth?
The growth of the digital map market is set to be spurred by an uptick in internet penetration. This term refers to the ratio of the population with internet access and usage. Enhancements in digital map use occur thanks to internet penetration, as this allows for real-time data acquisition, updates, and user engagement, thereby promoting navigation and location-centric services. For example, DataReportal, an organization based in Singapore specializing in digital trend insights, reported that in early 2023, around 5.16 billion people, or roughly 64.4% of the worldwide population, were using the internet. This signifies a growth of approximately 1.9% from the end of 2022, suggesting a gradual increase in global digital connectivity. Consequently, the rise in internet penetration is a significant driving factor for the expansion of the digital map market.

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Which Fast-Growing Trends Are Poised to Disrupt the Digital Map Market?
The adoption of advanced technology is becoming a growing trend in the digital map sector. Top-tier firms in this industry are harnessing cutting-edge tech like artificial intelligence and aerial imagery to maintain their market dominance. For example, in May 2022, US tech firm Google Maps introduced a revamped web-based mapping platform. This platform comes with new features such as artificial intelligence and aerial image data, enabling users to virtually explore streets, roads, and landmarks. It aids users in locating landmarks, restaurants, or venues and offers a realistic preview of the location as if the users are already present there. Such applications are particularly beneficial for tourists and individuals interested in exploring new places before actual visitation.

What Are the Emerging Segments in the Digital Map Market?
The digital map market covered in this report is segmented -

1) By Type: Services, Solutions.
2) By Functionality: Scientific, GPS Navigation, Computerized.
3) By Service: Consulting, Development, Management.
4) By Industry: Automotive, Engineering And Construction, Logistics And Transportation, Energy And Utilities, Telecommunication.
5) By Application: Real-Time Location Data Management, Geocoding And Geo-positioning, Routing And Navigation, Asset Tracking, Reverse Geocoding

Subsegments:
1) By Services: Mapping Services, Geocoding Services, Location-Based Services (LBS), Geographic Information System (GIS) Services, Data Analytics And Insights Services
2) By Solutions: Navigation Solutions, Fleet Management Solutions, Geographic Data Solutions, Real-Time Mapping Solutions, Augmented Reality (AR) Mapping Solutions

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Who Are the Global Leaders in the Digital Map Market?
Major companies operating in the digital map market include Google LLC, Apple Inc., TomTom International BV, Environmental Systems Research Institute Inc., INRIX Inc., HERE Global B. V., Mapbox Inc., Waze Mobile, Microsoft Corporation, NavInfo Co. Ltd., Baidu Inc., MapQuest Inc., Naver Corporation, Telenav Inc., Zenrin Co. Ltd., AutoNavi Software Co. Ltd., Info Systems Pvt. Ltd., Sygic a. s., OpenStreetMap Foundation, Mappy SA, Navmii Holdings plc, GeoIQ Inc., Geoapify Inc., Mapfit Inc., Geo-Innovation LLC, Mireo d. d., Kapsch TrafficCom AG, Mapwize SAS, Avenza Systems Inc., MapTiler AG

Which are the Top Profitable Regional Markets for the Digital Map Industry?
North America was the largest region in the digital map market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital map market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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