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Digital Maps Market to Remain Competitive | Major Giants Continuously Expanding Market

The Latest research study released by HTF MI “Global Digital Maps Market” with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies covered in this Research are Apple, AutoNavi Holding, Google, Micello, Tom Tom, NavInfo, ArcGIS Online, Yahoo!, Maps, Zenrin, WoNoBo, Bing Maps, GeoMapserver, MapQuest, MapSherpa, NearMap, OpenStreetMap, Inrix, Mapion, Mappy, Roadtrippers, WikiMapia, MapmyIndia, ViaMichelin, Magellan Navigation, Bhuvan & Baidu Maps etc.

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Market Snapshot
Computerized planning innovation is quickly getting one of the most helpful and far reaching instruments for constant planning. It is a cycle of gathering and ordering information to shape a virtual picture. Progression in this innovation has supplanted the traditional sound system plotters with computerized planning frameworks. Moreover, inferable from fast urbanization and changing situations it is fundamental to have the computerized guides and information bases so as to help dynamic. In addition, expanding selection of continuous computerized planning arrangements offers a solid open door for the advanced guides market sooner rather than later.

What’s Driving the Digital Map Market
Increasing Adoption of Mobile Computing Devices for Navigation
Growing Demand for Real-Time Data Mapping Solutions

Latest Buzzing Influencing Factors & Trends
Emergence of Big Data and Cloud Technology in Digital Mapping Solutions
Development of Advanced Technologies for Digital Mapping and Surveying

 

Browse market information, tables and figures extent in-depth TOC on “Digital Maps Market by Application (Automotive Navigation, Mobile And The Internet, Public Sector Agencies And Enterprise & Others), by Product Type (, Indoor Maps & Outdoor Maps), Business scope, Manufacturing and Outlook – Estimate to 2025”.

The global impacts of the coronavirus disease 2019 (COVID-19) have significantly affecting the Infrastructure in overall market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future. Know more with latest edition of Global Digital Maps Market Study; Early buyers will receive 20% customization free on report

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At last, all parts of the Global Digital Maps Market are quantitatively also subjectively valued to think about the Global just as regional market equally. This market study presents basic data and true figures about the market giving a deep analysis of this market based on market trends, market drivers, constraints and its future prospects. The report supplies the worldwide monetary challenge with the help of Porter’s Five Forces Analysis and SWOT Analysis.

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Customization of the Report: The report can be customized as per your needs for added data up to 3 businesses or countries or 40 analyst hours.
On the basis of report- titled segments and sub-segment of the market are highlighted below:
Global Digital Maps Market By Application/End-User (Value and Volume from 2019 to 2025) : Automotive Navigation, Mobile And The Internet, Public Sector Agencies And Enterprise & Others

Market By Type (Value and Volume from 2019 to 2025) : , Indoor Maps & Outdoor Maps

Global Digital Maps Market by Key Players: Apple, AutoNavi Holding, Google, Micello, Tom Tom, NavInfo, ArcGIS Online, Yahoo!, Maps, Zenrin, WoNoBo, Bing Maps, GeoMapserver, MapQuest, MapSherpa, NearMap, OpenStreetMap, Inrix, Mapion, Mappy, Roadtrippers, WikiMapia, MapmyIndia, ViaMichelin, Magellan Navigation, Bhuvan & Baidu Maps

Geographically, this report is segmented into some key Regions, with manufacture, depletion, revenue (million USD), and market share and growth rate of Digital Maps in these regions, from 2012 to 2022 (forecast), covering China, USA, Europe, Japan, Korea, India, Southeast Asia & South America and its Share (%) and CAGR for the forecasted period 2019 to 2025.

Informational Takeaways from the Market Study: The report Digital Maps matches the completely examined and evaluated data of the noticeable companies and their situation in the market considering impact of Coronavirus. The measured tools including SWOT analysis, Porter’s five powers analysis, and assumption return debt were utilized while separating the improvement of the key players performing in the market.

Key Development’s in the Market: This segment of the Digital Maps report fuses the major developments of the market that contains confirmations, composed endeavors, R&D, new thing dispatch, joint endeavours, and relationship of driving members working in the market.

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Key poles of the TOC:
Chapter 1 Global Digital Maps Market Business Overview
Chapter 2 Major Breakdown by Type [, Indoor Maps & Outdoor Maps]
Chapter 3 Major Application Wise Breakdown (Revenue & Volume)
Chapter 4 Manufacture Market Breakdown
Chapter 5 Sales & Estimates Market Study
Chapter 6 Key Manufacturers Production and Sales Market Comparison Breakdown
…………………..
Chapter 8 Manufacturers, Deals and Closings Market Evaluation & Aggressiveness
Chapter 9 Key Companies Breakdown by Overall Market Size & Revenue by Type
………………..
Chapter 11 Business / Industry Chain (Value & Supply Chain Analysis)
Chapter 12 Conclusions & Appendix

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Rising Demand from Consumers to Push Sales of Digital Maps Market

Digital maps are a virtual image created by collecting data and formatting it into an image. It is also called as cartography. The process of collecting data and formatting it into a virtual image is called as digital formatting. Its main application is to create maps that can provide accurate information and representation about a particular area, road or any other point of interest. Digital maps evolved from the traditional paper maps such as Thomas Guide.

Digital maps are used in technology such as Google Maps, Foursquare, Global Positioning System (GPS) and Google Earth. Digital maps for GPS satellite networks are commonly used in automotive navigation systems. In the past decade, there have been a lot of technological advancements in digital maps such as traffic updates, road blocks, updated places of interest, landmarks etc. and hence making digital maps more user-friendly.

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Most of the traditional map providers such as AutoNavi and TomTom provides map updates for a few days only. However, few map providers are now providing map updates on a real-time basis. The digital map technology has evolved in the market in three steps: the first step is the introduction of digital maps, the second step is the increase in a coverage area and updates of digital maps. The third step is the updating digital map on real time basis.

The key market drivers of digital maps are the increasing adoption of advanced technology in making maps and surveying and increasing adoption of digital maps in industries. The increase in competition among the providers of digital map technology is prompting the vendors to increase their product portfolios and to enhance their technology to offer more user-friendly maps to the customers. Motorized stations are GPS technologies are now being adopted in place of optical and mechanical instruments which were earlier used for surveying. Update on real time basis technology and greater coverage of remote areas are the new technological trends in digital maps market.

One of the major Challenges of the market is the increasing adoption of crowdsourcing digital maps.

Digital maps Market: Segmentation

On the basis of Usage, the global Digital Maps market is segmented into

  • Indoor Maps
    • Airports
    • Departmental Stores
    • Malls
    • Others
  • Outdoor Maps
    • Automotive Navigation
    • Mobile and The internet
    • Public Sector Agencies and Enterprise
    • Others

The by 2015 end, APAC is estimated to have a fastest growth rate for Digital maps market due to advancement in technology and rising economic outlook. Europe and North America are estimated to be matured markets with slower growth of the market. However, North America is expected to lead other regions in terms of market share.  The Middle East & Africa Digital maps market are still at a nascent stage. However, emerging countries such as UAE and Brazil are expected to have a significant market share in the near future.

Some of the key market participants in the global Digital maps market are Apple Inc. AutoNavi Holding Ltd., Google Inc., Micello Inc., Tom Tom NV, NavInfo Co. Ltd., ArcGIS Online, Yahoo! Maps, Zenrin, WoNoBo , Bing Maps , GeoMapserver, MapQuest, MapSherpa, NearMap, OpenStreetMap, Inrix, Mapion, Mappy,  Roadtrippers, WikiMapia, MapmyIndia, ViaMichelin, Magellan Navigation, Bhuvan and Baidu Maps

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Key geographies evaluated in this report are:

  • North America
    • U.S
    • Canada
  • Europe
    • France, Germany, Italy, Spain, and the UK
    • Eastern Europe
    • CIS
  • APAC
    • China
    • India
    • Japan
    • Australia
    • Others
  • Latin America
    • Argentina
    • Brazil
    • Others

Key features of this report

  • Drivers, restraints, and challenges shaping the Digital Maps market dynamics
  • Latest innovations and key events in the industry
  • Analysis of business strategies of the top players
  • Digital Maps market estimates and forecasts(2015 -2021)

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