Global HD Maps Market Growth (Status and Outlook) 2023-2029

Global HD Maps Market Growth (Status and Outlook) 2023-2029

HD Map (High Definition Map) is one of the essential members of the safe driving core chain. High Definition means that the absolute coordinates are more accurate. Absolute coordinate accuracy refers to the accuracy of a target on a map and a real thing in the real world. The absolute accuracy of a HD Map is generally fine at the sub-meter level, and the relative accuracy of the landscape (eg, the relative position accuracy of the lane and lane, lane and lane) is often higher. On the other hand, HD Map contain more informative and detailed information on road traffic information. HD Map not only have high-precision coordinates, but also accurate road shape, and each lane slope, curvature, heading, elevation, roll data are also included.
LPI (LP Information)' newest research report, the “HD Maps Industry Forecast” looks at past sales and reviews total world HD Maps sales in 2022, providing a comprehensive analysis by region and market sector of projected HD Maps sales for 2023 through 2029. With HD Maps sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HD Maps industry.
This Insight Report provides a comprehensive analysis of the global HD Maps landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HD Maps portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global HD Maps market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HD Maps and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HD Maps.
The global HD Maps market size is projected to grow from US$ 2665.7 million in 2022 to US$ 16710 million in 2029; it is expected to grow at a CAGR of 30.0% from 2023 to 2029.
The industry's leading producers are Here, TomTom and Google, which accounted for 49.91%, 16.52% and 12.33% of revenue in 2019, respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of HD Maps market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Crowdsourcing Model
Centralized Mode
Segmentation by application
ADAS
Autonomous Vehicles
Others (Positioning)
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Here
TomTom
Google
Alibaba (AutoNavi)
Navinfo
Mobileye
Sanborn
Baidu

Please note: The report will take approximately 2 business days to prepare and deliver.