Global HD Map For Autonomous Vehicles Market 2024-2028
The HD map for autonomous vehicles market is forecasted to grow by USD 13390.5 mn during 2023-2028, accelerating AT a CAGR of 46.02% during the forecast period. The report on the HD map for autonomous vehicles market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in adoption of autonomous vehicles, rising adoption of cloud-based HD maps, and accuracy and precision offered by HD maps.
Technavio's HD map for autonomous vehicles market is segmented as below:
By Solution
By Vehicle Type
By Geography
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the growth in connected infrastructure as one of the prime reasons driving the HD map for autonomous vehicles market growth during the next few years. Also, rise in advancements in 5G technology and increase in adoption of autonomous vehicles for cab and parcel delivery services will lead to sizable demand in the market.
The report on the HD map for autonomous vehicles market covers the following areas:
- HD map for autonomous vehicles market sizing
- HD map for autonomous vehicles market forecast
- HD map for autonomous vehicles market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading HD map for autonomous vehicles market vendors that include Baidu Inc., CE Info Systems Ltd., Civil Maps, Dynamic Map Platform Co. Ltd., Esri Global Inc., GeoJunxion NV, HERE Global BV, Intel Corp., Mapbox Inc., Momenta Group, NavInfo Co. Ltd., Navmii Publishing Ltd., NVIDIA Corp., RMSI Pvt. Ltd., The Sanborn Map Co. Inc., TomTom NV, Toyota Motor Corp., Voxelmaps, Wipro Ltd., and ZENRIN Co., Ltd.. Also, the HD map for autonomous vehicles market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.