Press release
Digital Map Market Soaring at 15.92% CAGR During the Period 2017-2021
Market reaserch analysts forecast the global Digital Map market to grow at a CAGR of 15.92% during the period 2017-2021.
A digital map is a collection of data compiled to produce a map in the form of a virtual image. Digital maps are rooted in conventional cartography, which has become a concern in terms of both geographic information systems and mapping fields. The primary functionality of digital maps is to produce maps that give the accurate result pertaining to a particular area. It also calculates the distance from one place to another and calculates the overall time taken to travel to a location in real-time considering the traffic. The primary use of a digital map is in conjunction with global positioning system (GPS) and automotive navigation systems.
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Covered in this report
The report covers the present scenario and the growth prospects of the global digital map market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Market reaserch report, Global Digital Map Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market
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Key vendors: Alibaba, Apple, Google, HERE, Micello, NavInfo.
Other prominent vendors: CE Info Systems, Digital Map Products, MapQuest, MapSherpa, MAPMECHANICS, Nearmap, OnStar, OpenStreetMap, PeopleNet, Sensewhere, TomTom International, Traceon, ViaMichelin.
Market driver: Adoption of intelligent PDAs, For a full, detailed list, view our report.
Market challenge: Security and privacy of mobile apps, For a full, detailed list, view our report.
Market trend: Availability of location-based services, For a full, detailed list, view our report.
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