Digital Map Market
Global Digital Map Market Size, Share & Trends Analysis Report by Type (Outdoor Mapping and Indoor Mapping), By Component (Solutions and Services), by Application (Real-Time Location Data Management, Geocoding & Geo-Positioning, Routing & Navigation, Asset Tracking, and Others), By Vertical (Energy & Utilities, Automotive, Oil & Gas, Building & Construction, Government, Travel & Transportation, and Others) Forecast (2022-2028) Update Available - Forecast 2024-2030
The global digital map market is anticipated to grow at a CAGR of 14.3% during the forecast period. Digital mapping is the process of collecting and compiling different forms of data into a virtual image. The collated data is used to create digital maps that present a certain geographical area or features, such as rivers, roads, and notable landmarks that includes hospitals and airports. Digital mapping technology can also be used to calculate the distance between different places. The major factor driving the growth of the digital map market during the forecast is the increasing expenditure on the adoption of advanced technologies such as Artificial Intelligence (AI) and Machine Learning (ML) coupled with the changing landscape of customer intelligence. Various software companies are focusing on developing technology integrated digital map solutions. For instance, in January 2020, Qatar Computing Research Institute (QCRI) and MIT invented a model that uses satellite imagery to tag road features in digital maps by using AI technology to improve GPS navigation. Additionally, the proliferation of customer channels is another factor anticipated to drive the adoption of digital map technologies and services which in turn will drive the growth of the market.
The growth of the market can also be attributed due to the increasing adoption of mobile computing devices. As smartphones are getting more technologically advanced which has pushed users to use mapping applications for navigation and driving assistance. Mapping applications used in combination with Geographic Information System (GIS) and GPS applications enables user to access geo-referenced data to search nearby restaurants, cinema halls, and other landmarks.
Impact of COVID-19 Pandemic on Global Digital Map Market
The COVID-19 pandemic had impacted the global digital map market to a great extent. As of May 2020, 212 countries had been impacted by the pandemic, and the governments of these countries had ordered nationwide lockdowns due to which people were forced to stay in their homes which impacted the industries including travel and transportation, which in turn impacted the digital maps market. Additionally, the operations of several industries were put to a halt such as automotive, buildings, and construction, among others, which has declined the use and demand of the digital maps market across the globe.
Segmental Outlook
The global digital map market is segmented based on type, component, application, and vertical. Based on the type, the market is sub-segmented into outdoor mapping and indoor mapping. Based on the components, the market is sub-segmented into solutions and services. Based on the application, the market is sub-segmented into real-time location data management, geocoding and geo-positioning, routing and navigation, asset tracking, and others. Further, based on the vertical, the market is sub-segmented into energy & utilities, automotive, oil & gas, building & construction, government, travel & transportation, and others.
Global Digital Map Market Share by Vertical, 2021 (%)
Travel & Transportation Segment is Expected to Hold Prominent Share in the Global Digital Map Market
Based on the vertical, the travel and transportation segment is expected to hold prominent share in the global digital map market. The factor driving the segmental growth is the increasing demand for improved applications such as location information, real-time update, and geo-mapping outputs. For instance, in June 2019, Google Maps launched three features in India which allow users to see bus travel times from live traffic across 10 of the largest cities in India as well as get live train status for Indian Railways trains and get mixed-mode commute suggestions combining auto-rickshaw and public transport. Moreover, the growing demand for digital mapping to track the shipment in the logistics industry is boosting the growth of the market. For instance, in March 2022, Google announced to launch of an integrated suite of mapping, routing, and analytics capabilities for last-mile delivery. It assists fleet operators from the initial eCommerce order to the final doorstep delivery.
Regional Outlook
The global digital map market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Germany, Italy, Spain, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The Asia-Pacific region is anticipated to grow during the forecast period due to the increasing demand for digital maps in the automobile industry in the region.
Global Digital Map Market Growth by Region, 2021-2028
North America Region s Expected to Hold Prominent Share in the Global Digital Map Market
North America region is expected to hold prominent share in the digital map market. The major factor driving the growth of the market in the region is the increasing technological advancements in digital maps solution. For instance, in August 2021, the National Integrated Drought Information System (NIDIS) launched two new interactive features on Drought.gov. These features make it easier for decision-makers and the public across the US to share timely, reliable drought information. Furthermore, the presence of key players across regions is also expected to drive market growth in the region during the forecast period.
Market Players Outlook
The major companies serving the global digital map market include Apple Inc., Google LLC, Here Technologies, MapQuest, Nearmap, among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, partnerships and collaborations, and geographical expansion, to stay competitive in the market. For instance, in June 2021, Inpixon launched Inpixon Asset Tag to manage, transportable chambers, medical instruments, repair field machinery, confidential products, devices, automobiles, bots, and other elevated objects that require tracing.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global digital map market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
- Current Industry Analysis and Growth Potential Outlook
- Impact of COVID-19 on the Global Digital Map Market
- Recovery Scenario of Global Digital Map Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Apple Inc.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Google LLC
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. HERE Global B.V.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Nearmap Australia Pty Ltd
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. System1 LLC (MapQuest)
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Digital Map Market by Type
4.1.1. Outdoor Mapping
4.1.2. Indoor Mapping
4.2. Global Digital Map Market by Component
4.2.1. Solutions
4.2.2. Services
4.3. Global Digital Map Market by Application
4.3.1. Real-Time Location Data Management
4.3.2. Geocoding & Geo-positioning
4.3.3. Routing & Navigation
4.3.4. Asset Tracking
4.3.5. Other
4.4. Global Digital Map Market by Vertical
4.4.1. Energy & Utilities
4.4.2. Automotive
4.4.3. Oil & Gas
4.4.4. Building & Construction
4.4.5. Government
4.4.6. Travel &Transportation
4.4.7. Others (Agriculture)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Alibaba Group Holding Ltd.
6.2. INRIX, Inc.
6.3. Inpixon
6.4. LightBox Holdings, L.P.
6.5. Meta Platforms, Inc.
6.6. Maxar Technologies
6.7. MapData Services Pty Ltd. (Esri Australia Pty Ltd.)
6.8. ServiceNow, Inc.
6.9. The Esri
6.10. ThinkGeo LLC
6.11. TomTom International BV
1. GLOBAL DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL DIGITAL OUTDOOR MAPPING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL DIGITAL INDOOR MAPPING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
5. GLOBAL SOLUTIONS FOR DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL SERVICES FOR DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
8. GLOBAL DIGITAL MAP FOR REAL-TIME LOCATION DATA MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL DIGITAL MAP FOR GEOCODING AND GEO-POSITIONING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL DIGITAL MAP FOR ROUTING AND NAVIGATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL DIGITAL MAP FOR ASSET TRACKING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL DIGITAL MAP FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028 ($ MILLION)
14. GLOBAL DIGITAL MAP IN ENERGY & UILITIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL DIGITAL MAP IN AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL DIGITAL MAP IN OIL & GAS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL DIGITAL MAP IN BUILDING & CONSTRUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL DIGITAL MAP IN GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. GLOBAL DIGITAL MAP IN TRAVEL & TRANSPORTATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
20. GLOBAL DIGITAL MAP IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
21. GLOBAL DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
22. NORTH AMERICAN DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. NORTH AMERICAN DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
24. NORTH AMERICAN DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
25. NORTH AMERICAN DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
26. NORTH AMERICAN DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028 ($ MILLION)
27. EUROPEAN DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28. EUROPEAN DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
29. EUROPEAN DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
30. EUROPEAN DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
31. EUROPEAN DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
33. ASIA-PACIFIC DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
34. ASIA-PACIFIC DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
35. ASIA-PACIFIC DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
36. ASIA-PACIFIC DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028 ($ MILLION)
37. REST OF THE WORLD DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
38. REST OF THE WORLD DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
39. REST OF THE WORLD DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
40. REST OF THE WORLD DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
41. REST OF THE WORLD DIGITAL MAP MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL DIGITAL MAP MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL DIGITAL MAP MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL DIGITAL MAP MARKET, 2022-2028 (%)
4. GLOBAL DIGITAL MAP MARKET SHARE BY TYPE, 2021 VS 2028 (%)
5. GLOBAL DIGITAL OUTDOOR MAPPING MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL DIGITAL INDOOR MAPPING MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL DIGITAL MAP MARKET SHARE BY COMPONENT, 2021 VS 2028 (%)
8. GLOBAL SOLUTIONS FOR DIGITAL MAP MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL SERVICES FOR DIGITAL MAP MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL DIGITAL MAP MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
11. GLOBAL DIGITAL MAP FOR REAL-TIME LOCATION DATA MANAGEMENT MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL DIGITAL MAP FOR GEOCODING AND GEO-POSITIONING MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL DIGITAL MAP FOR ROUTING AND NAVIGATION MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL DIGITAL MAP FOR ASSET TRACKING MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL DIGITAL MAP FOR OTHER MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL DIGITAL MAP MARKET SHARE BY VERTICAL, 2021 VS 2028 (%)
17. GLOBAL DIGITAL MAP IN ENERGY & UTILITIES MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL DIGITAL MAP IN AUTOMOTIVE MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL DIGITAL MAP IN OIL & GAS MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL DIGITAL MAP IN BUILDING AND CONSTRUCTION MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
21. GLOBAL DIGITAL MAP IN GOVERNMENT MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
22. GLOBAL DIGITAL MAP IN TRAVEL & TRANSPORTATION MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
23. GLOBAL DIGITAL MAP IN OTHERS MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
24. GLOBAL DIGITAL MAP MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
25. US DIGITAL MAP MARKET SIZE, 2021-2028 ($ MILLION)
26. CANADA DIGITAL MAP MARKET SIZE, 2021-2028 ($ MILLION)
27. UK DIGITAL MAP MARKET SIZE, 2021-2028 ($ MILLION)
28. FRANCE DIGITAL MAP MARKET SIZE, 2021-2028 ($ MILLION)
29. GERMANY DIGITAL MAP MARKET SIZE, 2021-2028 ($ MILLION)
30. ITALY DIGITAL MAP MARKET SIZE, 2021-2028 ($ MILLION)
31. SPAIN DIGITAL MAP MARKET SIZE, 2021-2028 ($ MILLION)
32. REST OF EUROPE DIGITAL MAP MARKET SIZE, 2021-2028 ($ MILLION)
33. INDIA DIGITAL MAP MARKET SIZE, 2021-2028 ($ MILLION)
34. CHINA DIGITAL MAP MARKET SIZE, 2021-2028 ($ MILLION)
35. JAPAN DIGITAL MAP MARKET SIZE, 2021-2028 ($ MILLION)
36. SOUTH KOREA DIGITAL MAP MARKET SIZE, 2021-2028 ($ MILLION)
37. REST OF ASIA-PACIFIC DIGITAL MAP MARKET SIZE, 2021-2028 ($ MILLION)
38. REST OF THE WORLD DIGITAL MAP MARKET SIZE, 2021-2028 ($ MILLION)
