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The global digital map market size is estimated to grow at a CAGR of 13.90% in the forecast period of 2024-2032, reaching a value of around USD 37.79 billion by 2032. The market is being driven by increasing demand in automotives and widespread usage of mobile devices.
A digital map is an electronic map that can be read, examined, and modified on a computer or mobile device. It is made electronically by gathering, organising, and processing data from numerous sources, such as satellite images, GPS technology, aerial photography, and survey data, and then digitally displaying it.
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By type, the market is divided into software solutions, maps, and services, with software solutions further divided by type into web based, desktop and mobile app. On the basis of functionality, the market is segmented into computerised, scientific, and GPS navigation. By applications, the market is bifurcated into indoor applications and outdoor applications. Based on end use, the market is categorised into government and utilities, automotive, and e-commerce and retail, among others. The regional markets for digital maps are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global digital map market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
The e-commerce and retail end uses of digital maps are anticipated to witness significant growth in the market over the projected period. Using a digital map, shopping malls and other large retailers can share their location venue map across a number of platforms, including mobile applications, comprehensive digital directory displays, and flexible web browsers.
A digital map of the shopping areas also makes it simple for visitors to see how the stores are organised, aiding the digital map market growth. Customers may zoom, rotate, and pan a mall's interactive map to look at all of the shops and the products and services they provide. In e-commerce, digital maps aid in streamlined delivery and real-time updates as well as greater transparency in product availability in specific regions.
Asia Pacific is one of the fastest-growing regions in the market for digital maps due to the expansion of the e-commerce and retail industry, which has a significant impact on the need for digital maps. Recent years have witnessed a substantial shift in the use of technology in countries like India, China, Japan, and Australia. In the coming years, the adoption of digital maps will also be influenced by the increasing use of digital map solutions for urban planning, utilities, supply chain and logistics management, mobile data coverage, and environmental monitoring, thus increasing the digital map market demand.
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Environmental Systems Research Institute (ESRI), Inc., established in 1969 and headquartered in California in the United States, is a leading supplier of location information platforms. The company offers geographic information system (GIS) technology and maps with photographs of places, things, and people.
TomTom NV is a manufacturer and developer of consumer electronics and location technology. Founded in 1991 and based in Amsterdam in the Netherlands. the company creates mapping and location technologies that are used by developers, drivers, corporations, and governments worldwide.
Mapbox, Inc., founded in 2011 and headquartered in Washington, D.C. in the United States, is a leading real-time location platform for a new generation of location-aware enterprises. The company provides enterprises with a complete toolkit to enable global transportation of people, goods, and vehicles.
Other market players include Google LLC (Alphabet Inc.), Maxar Technologies Inc., Apple, Inc., and HERE Global B.V., among others.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Functionality |
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| Breakup by Applications |
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| Breakup by End Use |
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| Breakup by Region |
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| Competitive Landscape |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is assessed to grow at a CAGR of 13.90% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 37.79 billion by 2032.
The major drivers of the market include the growth in the number of smartphone users, increasing internet penetration, and rising demand in automotives.
The key trends of the market include the development of enhanced sensor technology, increasing use of consumer-centred applications, growth in the number of software providers, and rapid technological advancements.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant applications of digital maps in the market are indoor applications and outdoor applications.
The major market players, according to the report, are Environmental Systems Research Institute (ESRI), Inc., Google LLC (Alphabet Inc.), TomTom NV, Mapbox, Inc., Maxar Technologies Inc., Apple Inc., and HERE Global B.V., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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