The global market for Digital Maps is estimated at US$8.2 Billion in 2023 and is projected to reach US$20.1 Billion by 2030, growing at a CAGR of 13.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the digital maps market is driven by several factors, including the increasing adoption of smartphones and connected devices, the demand for real-time navigation and traffic information, and the expansion of location-based services. The proliferation of smartphones with built-in GPS capabilities has made digital maps more accessible to a broader audience, fueling their widespread use in daily life. The need for accurate and timely navigation information has led to the development of advanced mapping technologies that can provide live traffic updates, route optimization, and predictive analytics. Additionally, the rise of location-based services, such as ride-sharing, food delivery, and local search, has further increased the demand for digital maps. Businesses are increasingly leveraging these services to enhance customer experiences and optimize operations. As technology continues to evolve and the demand for precise geographic information grows, the digital maps market is expected to expand, driven by innovations and the increasing integration of mapping technologies into various applications and industries.
The growth in the digital maps market is driven by several factors, including the increasing adoption of smartphones and connected devices, the demand for real-time navigation and traffic information, and the expansion of location-based services. The proliferation of smartphones with built-in GPS capabilities has made digital maps more accessible to a broader audience, fueling their widespread use in daily life. The need for accurate and timely navigation information has led to the development of advanced mapping technologies that can provide live traffic updates, route optimization, and predictive analytics. Additionally, the rise of location-based services, such as ride-sharing, food delivery, and local search, has further increased the demand for digital maps. Businesses are increasingly leveraging these services to enhance customer experiences and optimize operations. As technology continues to evolve and the demand for precise geographic information grows, the digital maps market is expected to expand, driven by innovations and the increasing integration of mapping technologies into various applications and industries.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Digital Maps Solutions segment, which is expected to reach US$11.7 Billion by 2030 with a CAGR of a 11.3%. The Digital Maps Services segment is also set to grow at 18.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.5 Billion in 2023, and China, forecasted to grow at an impressive 16.5% CAGR to reach $3.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Digital Maps Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Digital Maps Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Digital Maps Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Apple Inc., Arc Aerial Imaging Limited, Caliper Corporation, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 108 Featured):
- Apple Inc.
- Arc Aerial Imaging Limited
- Caliper Corporation
- Collins Bartholomew Ltd.
- Emapa S.A.
- ESRI Business Information Solutions, Inc.
- Geospin GmbH
- GeoVerra Inc.
- Google Inc.
- HERE Global B.V.
- Inpixon
- Lepton Software Inc.
- LightBox
- Mapbox, Inc.
- MapmyIndia
- Mapquest, Inc.
- Mapsted Corp.
- Mitac International Corporation
- OneView
- Orbital Insight, Inc.
- ServiceNow Inc.
- ThinkGeo LLC
- TomTom International B.V.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEAUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
ASIA-PACIFIC
Companies Mentioned
- Apple Inc.
- Arc Aerial Imaging Limited
- Caliper Corporation
- Collins Bartholomew Ltd.
- Emapa S.A.
- ESRI Business Information Solutions, Inc.
- Geospin GmbH
- GeoVerra Inc.
- Google Inc.
- HERE Global B.V.
- Inpixon
- Lepton Software Inc.
- LightBox
- Mapbox, Inc.
- MapmyIndia
- Mapquest, Inc.
- Mapsted Corp.
- Mitac International Corporation
- OneView
- Orbital Insight, Inc.
- ServiceNow Inc.
- ThinkGeo LLC
- TomTom International B.V.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 721 |
Published | December 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 8.2 Billion |
Forecasted Market Value ( USD | $ 20.1 Billion |
Compound Annual Growth Rate | 13.7% |
Regions Covered | Global |
No. of Companies Mentioned | 23 |