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Impact Of Connected Vehicles On Automotive Digital Mapping Market: Critical Driver Shaping the Automotive Digital Mapping Market in 2025
Automotive Digital Mapping Market Size
Automotive Digital Mapping Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the digital mapping market in the automotive sector has seen a quick expansion in the past few years. The market, which was valued at $9.14 billion in 2024, is poised to grow to $10.71 billion in 2025, boasting a compound annual growth rate (CAGR) of 17.1%. Factors driving this expansion in the historic period include early digital mapping development, growth in the automotive sector, a growing commercial vehicle market, rising demand for navigation and location-based services among consumers, and the adoption of advanced driver assistance systems (ADAS).
Automotive Digital Mapping Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the automotive digital mapping market is predicted to experience swift growth, reaching a size of $19.92 billion by 2029, with a compound annual growth rate of 16.8%. The projected growth during this period can be related to the accelerated expansion of smart city initiatives, an increasing demand for real-time traffic data, development in the electric vehicle sector, heightened focus on environmental sustainability, and the expansion in the delivery and logistics sector. The forecast period will also see significant trends such as the adoption of mapping technology in new mobility solutions, advancements in artificial intelligence and machine learning, the integration of augmented reality (AR) technologies, and collaborations between mapping firms and governmental bodies.
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What Are the Drivers Transforming the Automotive Digital Mapping Market?
The progression of the automotive digital mapping domain is set to skyrocket due to the increasing presence of connected cars. These modern automobiles are outfitted with cutting-edge internet connectivity and wireless communication capabilities, enabling them to exchange data with other vehicles, infrastructure, and external networks. The popularity of connected car technologies continues to rise, driven by technological improvements, consumer requests, the expansion of autonomous and electric vehicles, and emerging business prospects. Automotive digital mapping, which is fundamental to these technologies, equips vehicles with advanced navigation, instantaneous traffic updates, upgraded safety measures, and a smooth drive. As per Casa Autopromotec s.r.l., an Italian machinery product manufacturer for vehicles, the worldwide tally of connected cars in use reached 350 million by January 2023, marking an 18% surge from the previous year. Consequently, the escalating number of these connected automobiles is fueling the expansion of the automotive digital mapping domain.
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What Long-Term Trends Will Define the Future of the Automotive Digital Mapping Market?
Leading firms in the automotive digital mapping market are concentrating on creating novel, highly automated mapping technologies like UniMap to improve the precision and effectiveness of navigation systems. UniMap is an advanced mapmaking technology platform that provides the most recent data to transform map construction, updating, and usage. In March 2023, HERE Technologies, a Dutch company known for its expertise in mapping technologies, launched UniMap. This increasingly automated mapping capability enables speedy development of digital maps and location-based products. This technology promises unparalleled freshness, quality, and scope of maps. The foundation of UniMap is a unique computing infrastructure that automates map data compilation and formation, confuses diverse data types, creates a comprehensive map, and allows changes spotted in real-world environments to reflect on the map within a day.
Which Segments in the Automotive Digital Mapping Market Offer the Most Profit Potential?
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 Firms Dominate the Automotive Digital Mapping Market by Market Share and Revenue in 2025?
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.
Which Regions Offer the Highest Growth Potential in 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.
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