A digital map is a collection of data compiled to produce a map in the form of a virtual image. Digital maps are rooted in conventional cartography, which has become a concern in terms of both geographic information systems and mapping fields.
The primary functionality of digital maps is to produce maps that give the accurate result pertaining to a particular area. It also calculates the distance from one place to another and calculates the overall time taken to travel to a location in real-time considering the traffic. The primary use of a digital map is in conjunction with global positioning system (GPS) and automotive navigation systems.
Technavio’s analysts forecast the global digital map market to grow at a CAGR of 15.92% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global digital map market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Digital Map Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Alibaba • Apple • Google • HERE • Micello • NavInfo
Other prominent vendors • CE Info Systems • Digital Map Products • MapQuest • MapSherpa • ?MAPMECHANICS • Nearmap • OnStar • OpenStreetMap • PeopleNet • Sensewhere • TomTom International • Traceon • ViaMichelin
Market driver • Adoption of intelligent PDAs • For a full, detailed list, view our report
Market challenge • Security and privacy of mobile apps • For a full, detailed list, view our report
Market trend • Availability of location-based services • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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