Digital Map Market research report is a resource that makes available current as well as upcoming technical and financial details of the industry. The report not only takes into consideration all the market drivers and restraints which are derived from SWOT analysis but also gives all the CAGR projections for the historic year 2019, base year 2020 and forecast period to 2027. This industry analysis report speaks in detail about the manufacturing process, type and applications. The Digital Map Market report acts as a window to the industry which gives description of what market definition, classifications, applications, engagements and market trends are.
The market size, revenue generated from the sales and technologies by various application segments are evaluated in the persuasive Digital Map Market report. The report gives market analysis by taking into account market structure along with forecast of the various segments and sub-segments of the industry. This market report estimates, Global market development trends for industry. The report also provides the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. Analysis of upstream raw materials, downstream demand, and current market dynamics is also performed here. Lastly, the report makes few important proposals for a new project of Digital Map Market before evaluating its feasibility.
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Global digital map market is expected to rise to an estimated value of USD 34.41 billion by 2026, registering a healthy CAGR of 17.50% in the forecast period of 2019-2026.The growing need of 3D platform and advancement in digital map technology are major reason for the growth of this industry.
Major Competitors: Digital Map Market
Few of the major competitors currently working in the global digital map market are Esri, Google, TomTom International BV, Mapbox, DigitalGlobe, Digital Map Products, Inc., HERE, CE Info Systems Pvt. Ltd., Microsoft, Apple Inc., Zenrin USA, Inc, MapSherpa, AND, Nearmap, INRIX, MapQuest, OpenStreetMap , Living Map, AutoNavi, MiTAC Holdings Corp and others.
Digital Map Market Segmentation
Global Digital Map Market By Component (Solutions , Services), Usage (Indoor applications, Outdoor applications), Functionality (Computerized, Scientific, GPS navigation), Solution(Tracking and Telematics, Catchment Analysis , Risk Assessment and Disaster Management , Route Optimization and Planning, Geo-Analytics and Visualization), Service (Consulting and Advisory , Deployment and Integration, Support and Maintenance), Vertical (Energy and Utilities , Construction and Engineering , Logistics, Travel, and Transportation , Government and Defense , Automotive , Retail and Real Estate, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Global Digital Map Market Drivers, Restraint and Key Development
- Rapid use of smart phones and increasing internet users has driven the market for digital maps.
- Increasing adoption of free crowdsourcing digital maps hampers the market growth.
- In December 2018, Indigo Ag, Inc. U.S. based aims at harnessing nature to help farmers sustainably feed the planet recently announced its acquisition with TellusLabs, a leader in satellite technology and artificial intelligence. This will benefit Indigo Ag. Inc. in advancing its product portfolio, expanding its boundaries, able to serve better with transparency, expand the scope of agricultural intelligence platform and being in advancement in technology.
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Global digital map market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of digital map market for global, Europe, North America, Asia Pacific and South America.
Table of Contents-Snapshot
- Executive Summary
Chapter 1 Industry Overview
Chapter 2 Industry Competition by Manufacturers
Chapter 3 Industry Production Market Share by Regions
Chapter 4 Industry Consumption by Regions
Chapter 5 Industry Production, Revenue, Price Trend by Type
Chapter 6 Industry Analysis by Applications
Chapter 7 Company Profiles and Key Figures in Industry Business
Chapter 8 Industry Manufacturing Cost Analysis
Chapter 9 Marketing Channel, Distributors and Customers
Chapter 10 Market Dynamics
Chapter 11 Industry Forecast
Chapter 12 Research Findings and Conclusion
Chapter 13 Methodology and Data Source
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