Global High Definition Maps Market Growth (Status and Outlook) 2024-2030

Global High Definition Maps Market Growth (Status and Outlook) 2024-2030

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.

The global High Definition Maps market size is projected to grow from US$ 1833 million in 2024 to US$ 23690 million in 2030; it is expected to grow at a CAGR of 53.2% from 2024 to 2030.

LPI (LP Information)' newest research report, the “High Definition Maps Industry Forecast” looks at past sales and reviews total world High Definition Maps sales in 2022, providing a comprehensive analysis by region and market sector of projected High Definition Maps sales for 2023 through 2029. With High Definition Maps sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Definition Maps industry.

This Insight Report provides a comprehensive analysis of the global High Definition 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 analyses the strategies of leading global companies with a focus on High Definition Maps portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global High Definition Maps market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Definition 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 High Definition Maps.

The core manufacturers of global High Definition Maps include Here, Google, TomTom, Baidu, NavInfo and Mobileye. The top three manufacturers account for approximately 78% of the global share. Japan is the world's largest market, accounting for nearly 62% of the market.

In terms of product type, crowdsourcing model occupies a dominant position, accounting for 97% of the total. At the same time, in terms of application, advanced driving assistance systems are the largest application field, accounting for 96%.

This report presents a comprehensive overview, market shares, and growth opportunities of High Definition Maps market by product type, application, key players and key regions and countries.

Segmentation by Type:
Centralized Mode
Crowdsourcing Model

Segmentation by Application:
Autonomous Vehicles
ADAS
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

Segmentation by Type:
Centralized Mode
Crowdsourcing Model

Segmentation by Application:
Autonomous Vehicles
ADAS
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
Google
TomTom
Baidu
Navinfo
Mobileye
Alibaba (AutoNavi)
NVIDIA

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