Digital Map Market Size, Share, Growth Analysis, By Offering, By Mapping Type, By Purpose, By Scale, By Region

Description

Global Digital Map Market size was valued at USD 23.1 billion in 2022 and is poised to grow from USD 25.9 billion in 2023 to USD 59.6 billion by 2031, growing at a CAGR of 11% during the forecast period (2024-2031).

The digital map market is poised for significant growth, fueled by the rising adoption of mobile devices for navigation, the proliferation of 3D mapping platforms, and advancements in surveying technologies. The demand from various industries, including consumer goods and transportation, to enhance customer experiences and optimize operational efficiencies through electronic charts is growing alongside increasing interest in location-based services. The integration of real-time navigational tools and the escalating reliance on smartphones and alternative GPS devices have made geospatial information crucial for digital mapping solutions. However, challenges such as legal barriers and the availability of free crowdsourced maps could hinder market progress. Despite these obstacles, the sector presents numerous opportunities, particularly with the swift adoption of real-time digital maps. The anticipated integration of innovative technologies like artificial intelligence (AI) and machine learning (ML) into mapping processes is expected to unlock further profitable avenues for expansion. Additionally, the exponential growth of location-based data generated by Internet of Things (IoT) devices and sensors is driving an increased demand for advanced mapping technologies. As these trends converge, the digital map market is set to evolve, presenting both challenges and lucrative opportunities for stakeholders within the industry.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Digital Map market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Digital Map Market Segmental Analysis

Global Digital Map Market is segmented by Offering, Mapping Type, Scale, Application, Vertical, and region. Based on Offering, the market is segmented into Solution (Mapping Data, Web Mapping, GPS-enabled Services, Geographic Information System (GIS)) Services, and Services (Consulting, Support & Maintenance, Deployment & Integration). Based on Mapping Type, the market is segmented into Outdoor Mapping, Indoor Mapping, and 3D & 4D Metaverse. Based on Scale, the market is segmented into Large Scale Maps, Small Scale Maps. Based on Application, the market is segmented into Real-Time Location Data Management, Geocoding and Geopositioning, Routing and Navigation, Asset Tracking, Reverse Geocoding, and Other Applications. Based on Vertical, the market is segmented into Government & Defense, Infrastructure Development & Construction, Travel, Transportation, & Logistics, Automotive, Retail, Finance & Insurance, Manufacturing, Energy, Utility, & Natural Resources, Other Verticals. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Global Digital Map Market

The global digital map market is significantly driven by the rising usage of smartphones and the internet, which has led to an increased demand for digital mapping solutions. The proliferation of mobile devices and enhanced internet connectivity enable users to require accurate and real-time navigational services more than ever. As consumers increasingly rely on their smartphones for navigation and location-based services, the drive for advanced digital mapping technologies has surged. This shift in behavior highlights the necessity for dependable digital maps, thus propelling the growth of the market and encouraging further innovation in mapping technologies to meet consumer expectations.

Restraints in the Global Digital Map Market

The global digital map market faces significant challenges primarily due to concerns regarding data privacy and security. As these digital mapping solutions accumulate vast quantities of location-based data, which often includes sensitive personal information, the potential for unauthorized access and data breaches rises substantially. Balancing the demand for location-based services with the need to protect user privacy has become increasingly complex, particularly in an era characterized by real-time tracking and personalized recommendations. This inherent conflict poses a restraint on market growth, as individuals and organizations become increasingly wary of sharing their location information amidst fears of potential misuse.

Market Trends of the Global Digital Map Market

The Global Digital Map market is witnessing a significant surge driven by the integration of autonomous vehicle technology. As the demand for driverless cars escalates, the necessity for high-resolution, real-time mapping becomes paramount to ensure safety and operational efficiency. Corporate investments in advanced cartographical systems are on the rise, aimed at enhancing the performance of autonomous vehicles while maintaining customer trust and loyalty. This convergence of digital mapping and autonomous driving technology not only fosters innovation within the transport sector but also establishes a vital foundation for the future of mobility, positioning companies to capitalize on burgeoning opportunities in the market.

Product Code: SQMIG45B2136

Introduction

Objectives of the Study
Scope of the Report
Definitions

Research Methodology

Information Procurement
Secondary & Primary Data Methods
Market Size Estimation
Market Assumptions & Limitations

Executive Summary

Global Market Outlook
Supply & Demand Trend Analysis
Segmental Opportunity Analysis

Market Dynamics & Outlook

Market Overview
Market Size
Market Dynamics
- Driver & Opportunities
- Restraints & Challenges
Porters Analysis & Impact
- Competitive rivalry
- Threat of substitute
- Bargaining power of buyers
- Threat of new entrants
- Bargaining power of suppliers

Key Market Insights

Key Success Factors
Degree of Competition
Top Investment Pockets
Market Ecosystem
Value Chain Analysis
Technology Analysis
Regulatory Analysis
Case Study Analysis
Patent Analysis
Market Attractiveness Index
Pricing Analysis

Global Digital Map Market Size by Offering & CAGR (2024-2031)

Market Overview
Solution
- Mapping Data
- Base Map Data
- Routing and Navigation Data
- Historical Data Archives
- 3D Mapping Data
- Web Mapping
- Tile Maps
- Interactive Maps
- Customizable Maps
- Real-time Data Maps
- GPS-enabled Services
- Location-based Services (LBS)
- Navigation Services
- Geofencing
- Fitness and Activity Tracking
- Geographic Information System (GIS) Services
- Vector Maps
- Raster Maps
- 3D Maps
- Spatial Analysis Maps
Services
- Consulting
- Support & Maintenance
- Deployment & Integration

Global Digital Map Market Size by Mapping Type & CAGR (2024-2031)

Market Overview
Outdoor Mapping
- Topographic Mapping
- Road Mapping
- Satellite Mapping
- Arial Photography
- Other Outdoor Mapping
Indoor Mapping
- Indoor Navigation and Wayfinding
- Indoor Positioning System (IPS)
- Indoor Mapping Applications
- Indoor Asset Tracking
- Other Indoor Mapping
3D & 4D Metaverse
- 3D Metaverse
- 4D Metaverse

Global Digital Map Market Size by Purpose & CAGR (2024-2031)

Market Overview
Navigation Maps
- Turn-By-Turn Navigation Maps
- Real-Time Traffic Navigation Maps
- Pedestrian Navigation Maps
- Public Transport Maps
Thematic Maps
- Demographic Maps
- Environmental Maps
- Economic Maps
- Health Maps
Satellite Imagery
- Aerial Imagery
- Remote Sensing Imagery
- Multispectral Imagery
- Radar Imagery
Real-Time Traffic Maps
- Congestion Heat Maps
- Incident Maps
- Predictive Traffic Maps
- Alternative Route Maps
Others

Global Digital Map Market Size by Scale & CAGR (2024-2031)

Market Overview
Large Scale Maps
- City Maps
- Campus Maps
- Facility Maps
- Site Plans
Small Scale Maps
- World Maps
- Regional Maps
- Continental Maps
- Hemispheric Plans

Global Digital Map Market Size by Application & CAGR (2024-2031)

Market Overview
Real-Time Location Data Management
Geocoding and Geopositioning
Routing and Navigation
Asset Tracking
Reverse Geocoding
Other Applications

Global Digital Map Market Size by Vertical & CAGR (2024-2031)

Market Overview
Government & Defense
- Urban Planning & Development
- Emergency Management & Disaster Preparedness
- Border Security & Defense
- Law Enforcement & Crime Mapping
- Other Government & Defense Applications
Infrastructure Development & Construction
- Site Planning & Layout Optimization
- Construction Progress Monitoring and Reporting
- BIM (Building Information Modeling) Integration
- Infrastructure Development Planning
- Other Infrastructure Development & Construction Applications
Travel, Transportation, & Logistics
- Route Optimization
- Warehouse & Inventory Management
- Freight Transportation & Vehicle Tracking
- Supply Chain Visibility & Monitoring
- Other Travel, Transportation, and Logistics Applications
Automotive
- Advanced Driver Assistance Systems (ADAS)
- Autonomous Vehicle Navigation & Localization
- Vehicle Tracking & Fleet Management
- Other Automotive Applications
Retail
- Store Location Analysis & Site Selection
- Location-based Advertising & Promotions
- Omnichannel Retail Strategy Optimization
- Other Retail & E-commerce Applications
Finance & Insurance
- Risk Assessment & Underwriting for Property Insurance
- Insurance Claims Processing & Fraud Detection
- Branch Network Optimization
- Other Finance & Insurance Applications
Manufacturing
- Facility Layout Planning
- Asset Tracking
- Supply Chain Optimization
- Other Manufacturing Applications
Energy, Utility, & Natural Resources
- Network Planning & Design
- Resource Management
- Renewable Energy Planning
- Other Energy, Utility, and Natural Resources Applications
Other Verticals

Global Digital Map Market Size & CAGR (2024-2031)

North America, (By Offering, By Mapping Type, By Purpose, By Scale, By Application, By Vertical)
- US
- Canada
Europe, (By Offering, By Mapping Type, By Purpose, By Scale, By Application, By Vertical)
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific, (By Offering, By Mapping Type, By Purpose, By Scale, By Application, By Vertical)
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Latin America, (By Offering, By Mapping Type, By Purpose, By Scale, By Application, By Vertical)
- Brazil
- Rest of Latin America
Middle East & Africa, (By Offering, By Mapping Type, By Purpose, By Scale, By Application, By Vertical)
- GCC Countries
- South Africa
- Rest of Middle East & Africa

Competitive Intelligence

Top 5 Player Comparison
Market Positioning of Key Players, 2023
Strategies Adopted by Key Market Players
Recent Developments in the Market
Company Market Share Analysis, 2023
Company Profiles of All Key Players
- Company Details
- Product Portfolio Analysis
- Company's Segmental Share Analysis
- Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

Google LLC
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Apple Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
TomTom N.V.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Environmental Systems Research Institute, Inc. (Esri)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
HERE Global B.V.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Nearmap Ltd
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
INRIX, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
LightBox Holdings, L.P.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
ServiceNow, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Inpixon
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Microsoft Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Maxar Technologies Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Emapa S.A.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Dabeeo Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Caliper Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
C.E. Info Systems Limited (MapmyIndia)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
GeoVerra Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Orbital Insight, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Digimap Limited
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
MapQuest, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Digital Map Market Size, Share, Growth Analysis, By Offering, By Mapping Type, By Purpose, By Scale, By Region - Industry Forecast 2024-2031