Digital Map Market size is projected to grow from USD 13.9 billion in 2019 to USD 29.4 billion by 2024, at a CAGR of 16% from 2021 to 2027.
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.
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This report focuses on the global top players, covered
- Yahoo
- Inrix
- Map mechanics
- Zenrin
- Mapsherpa
- Openstreetmap
- Living Map
- Automotive Navigation Data
- Mapman
Market segment by Application, the market can be split into
- Consulting and advisory services
- Deployment and integration services
- Support and maintenance services
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Scope of the Report
The research study analyzes the global Digital Map industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Digital Map Market Report
1. What was the Digital Map Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Digital Map Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Digital Map Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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