Digital Map Market Analysis By Solution, Industry Size, Share, Trends, Opportunity 2024 | TechSci Research
Global Digital Map market is projected to cross USD 20 Billion by 2024, growing at a CAGR of 17% during the forecast period. The Global Digital Map market is segmented based on Solution, Service, End-User Industry and Geography. Based on service, the digital map market is segmented into consulting and advisory services; deployment and integration services; and support and maintenance services. The risk assessment and disaster management solution segment are expected to grow at the highest growth rate during the forecast period. The digital map market, based on end-user industry, is segmented into energy and utilities; construction and engineering; logistics, travel, and transportation; government and defense; automotive; retail and real estate; and others (telecom and IT, media and entertainment, and BFSI).
The government and defense vertical is expected to have the largest market share during the forecast period. Geographically, the market is segmented into Asia-Pacific, North America, South America, Middle East & Africa and Europe. APAC is expected to be the fastest-growing market for Digital Maps due to growing industrialization in the region. Some of the leading players of the market, include Esri, Google, TomTom, Mapbox, DigitalGlobe, Digital Map Products, MapmyIndia, Microsoft, among others.
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Years considered for this report:
Historical Year : 2014 - 2017
Base Year : 2018
Estimated : 2019
Forecast : 2020 - 2024
Objective of the Study:
- To analyse and forecast the market size of Global Digital Map Market, in terms of Value and Volume.
- To classify and forecast Global Digital Map Market based on solution, service, end-user industry and regional distribution.
- To identify drivers and challenges for Global Digital Map Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Digital Map Market.
- To conduct the pricing analysis for Global Digital Map Market.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Digital Map.
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Some of the leading players in the Global Digital Map Market are Esri, Google, TomTom, Mapbox, DigitalGlobe, Digital Map Products, MapmyIndia, Microsoft, NavInfo, Nearmap, Magellan, Apple, MapQuest, AutoNavi, Yahoo, Mapmechanics, MapSherpa, OpenStreetMap, Living Map, Automotive Navigation Data, MapMan, and Digital Mapping Solutions.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service Solutions, distribution channels and presence of all major collaboration solution providers across the globe.
TechSci Research calculated the market size of Global Digital Map Market using a bottom-up approach, where data for various End-User Industry across various technology were recorded and forecast for the future years. TechSci Research sourced these Value and Volumes from the industry experts and company representatives and externally validated through analysing historical data of these Service types and End-User Industrys for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Digital map providers
- Digital map solution providers
- Digital map service providers
- Consultancy firms
- Research organizations
- Regulatory agencies
- System integrators
- Government entities
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Global Digital Map Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Solution:
- Tracking and telematics
- Catchment analysis
- Risk assessment and disaster management
- Route optimization and planning
- Geo-analytics visualization
- Market, By Service:
- Consulting and advisory services
- Deployment and integration services
- Support and maintenance services
- Market, By End-User Industry:
- Energy and utilities
- Construction and engineering
- Logistics, travel, and transportation
- Government and defense
- Automotive
- Retail and real estate
- Others (media, IT and telecom, and entertainment and BFSI)
- Market, By Region:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Global Digital Map Market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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