Global Digital Map Industry

Global Digital Map Industry

  • October 2019 •
  • 156 pages •
  • Report ID: 5798363 •
  • Format: PDF
Digital Map market worldwide is projected to grow by US$20.9 Billion, driven by a compounded growth of 17.6%. Solution, one of the segments analyzed and sized in this study, displays the potential to grow at over 17.8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$22.9 Billion by the year 2025, Solution will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 18.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$798.5 Million to the region’s size and clout in the next 5 to 6 years. Over US$999.3 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Solution will reach a market size of US$1.6 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 17.2% over the next couple of years and add approximately US$3.6 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, Apple, Inc.; Automotive Navigation Data (AND); Autonavi; Digital Map Products, Inc.; Digital Mapping Solutions (DMS); DigitalGlobe; Esri; Google LLC; HERE Global BV; Inrix, Inc.; Living Map.; Magellan Digital Mapping; Mapbox; Mapman Ltd.; Mapmyindia; Mapquest, Inc.; Mapsherpa; Microsoft Corporation; NavInfo Co., Ltd.; Nearmap Australia Pty Ltd; Openstreetmap; TomTom International BV; Yahoo!, Inc.; Zenrin Co., Ltd.