· Data Bridge Market Research analyses that the digital map market will exhibit a CAGR of 14.42% for the forecast period of 2021-2028. This signifies that the digital map market value will rise up to USD 38.7 billion by 2028. Rising advancements in the digital map technology and growing need of 3D platform are the two major factors driving the growth of digital map market.
· The wide-ranging Data Bridge market report covers an array of aspects of the market analysis which today’s businesses call for. This market document also defines a chapter on the global market and allied companies with their profiles, which provides important data pertaining to their insights in terms of finances, product portfolios, investment plans, and marketing and business strategies. This market research report is generated with a nice blend of industry insight, talent solutions, practical solutions and use of technology to advance user experience. An outstanding Data Bridge market report puts light on many aspects related to ABC industry and market.
§ Digital mapping is a technique of compiling and collecting the data and converting it into a digital image. Digital mapping has gained relevance in vehicle routing, territory planning, trajectory and others. This electronic operates on the basis of graphic elements. Digital maps are more accurate than printed maps.
§ Rising application of digital maps by the various end user verticals such as energy and utilities, construction and engineering, logistics, travel, and transportation, government and defence, automotive, retail and real estate and others will propel the growth of the market. Rising adoption of digital map by small and medium scale businesses is further fostering the growth of digital map market. Rising demand for smartphones and increasing internet penetration are some other indirect market growth determinants.
§ Additionally, the credible Data Bridge market report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs, or media, selling methods and the best way of distributing the goods to the eventual consumers. Taking up such market research report is all the time beneficial for any company whether it is a small scale or large scale, for marketing of products or services. It makes effortless for ICT industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor.
Industry Segmentation
The digital map market is segmented on the basis of component, usage, functionality, solution, service and vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of component, the digital map market is segmented into solutions and services.
- On the basis of usage, the digital map market is segmented into indoor and outdoor applications. Indoor applications are sub-segmented into airports, malls and departmental stores. Outdoor applications are sub-segmented in automotive navigation, mobile and internet, public sector agencies and enterprises.
- On the basis of functionality, the digital map market is segmented into computerized, scientific and GPS navigation.
- On the basis of solution, the digital map market is segmented into tracking and telematics, catchment analysis, risk assessment and disaster management, route optimization and planning, geo-analytics and visualization.
- On the basis of service, the digital map market is segmented into consulting and advisory, deployment and integration and support and maintenance.
- On the basis of vertical, the digital map market is segmented into energy and utilities, construction and engineering, logistics, travel, and transportation, government and defence, automotive, retail and real estate and others.
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The countries covered in the digital map market report are
Ø U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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The major players covered in the digital map market report are
ü Apple Inc., Google LLC, Maxar Technologies, HERE, Esri, Getmapping, TomTom International BV., MapData Services, Intermap Technologies., HarperCollins Publishers Limited, MiTAC Holdings Corp., ARC Aerial Imaging Limited, Nearmap, MAPQUEST, Mapbox, Digital Map Products, Inc., DMTI Spatial, Lepton Software, and ThinkGeo LLC. and ZENRIN USA among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Major TOC of the Report
Ø Chapter One: Introduction
Ø Chapter Two: Industry analysis
Ø Chapter Three: Market Overview
Ø Chapter Four: Industry segmentation
Ø Chapter Five: Industry share analysis
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