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Digital Map Market Report 2022, Industry Trends, Share, Size, Demand and Future Scope 2027 – IMARC Group
SHERIDAN, WYOMING, UNITED STATES, April 22, 2022 /EINPresswire.com/ — According to IMARC Group’s latest report, titled “Digital Map Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The global digital map market reached a value of US$ 4.17 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.98 Billion by 2027, exhibiting a CAGR of 14.06% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
A digital map is an electronic map that accurately represents a specific area, detailing major road arteries, rivers, shopping complexes, and other geographical locations. It comprises a combination of graphic elements assigned to it in the form of electronic information of roads, water bodies, and significant landmarks of a specific area. It helps calculate the distance between two different places or cities, track natural disasters, and monitor other environmental emergencies. It is used in technology, such as google maps, global positioning systems (GPS), foursquare, and google earth. It also finds applications in logistics movement, smart parking, traffic and congestion intelligence, and navigation.
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Market Trends:
Significant growth in the automotive industry, coupled with numerous technological advancements in automobiles, represents one of the key factors escalating the demand for real-time digital maps in private and commercial vehicles. Furthermore, rapid digitalization and the growing adoption of mobile computing devices for navigation are positively influencing the market. Moreover, the widespread utilization of digital maps in the engineering and construction sectors is driving the market.
Ask Analyst and Browse Full Report with TOC & List of Figure: https://bit.ly/2ZcGoyO
List of Key Companies Covered in this Market Report:
Apple Inc.
Collins Bartholomew
Digital Map Products Inc. (LightBox)
Environmental Systems Research Institute Inc.
Getmapping
Google LLC (Alphabet Inc.)
HERE Technologies
MAPQUEST INC. (America Online)
Maxar Technologies
Nearmap
ThinkGeo LLC
TomTom International B.V.
The report has segmented the market on the basis of type, usage, solution, deployment mode, application, end-use industry and geography.
Breakup by Type:
GIS
LiDAR
Digital Orthophotography
Aerial Photography
Others
Breakup by Usage:
Indoor
Outdoor
Breakup by Solution:
Software
Services
Breakup by Deployment Mode:
Cloud-based
On-premise
Breakup by Application:
Real-Time Location Data Management
Geocoding and Geopositioning
Routing and Navigation
Asset Tracking
Others
Breakup by End-Use Industry:
Automotive
Engineering and Construction
Logistics and Transportation
Energy and Utilities
Military, Aerospace and Defense
Others
Breakup by Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Related Report by IMARC Group:
Edge Computing Market Report: https://bit.ly/2FAlySA
Business Analytics Market Report: https://bit.ly/3gbUAOA
Enterprise Resource Planning (ERP) Market Report: https://bit.ly/2ZXvGMi
Messaging Security Market Report: https://bit.ly/3f8E95d
Project Portfolio Management Market Report: https://bit.ly/2TIN6JE
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
email us here
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