Global Digital Map Market Size & Share to 2027
Global Digital Map Market Size, Trends & Growth Opportunity, By Type (LiDAR, Digital Orthophotography, Aerial Photography, and Others) By Usage (Indoor, and Outdoor), By Service (Consulting, Development, and Management), By Region and Forecast till 2027
Global Digital Map Market
Digital map also called as digital cartography. It is process of making interactive maps on digital platform. Digital map is an electric map which operates on the basis of combined graphic elements assigned to it in the form of electronic information. This process involves the collection and complication of data that in turn produces virtual images.
Market Drivers
Increase in adoption of mobile computing devices for navigation is the key driving factor which is expected to boost the global digital map solution market growth. Furthermore, increase in internet penetration and adoption of map-based applications will positively contribute the market growth. Also, the ongoing migration from personal navigation devices to consumer centric applications is expected to propel the global digital map market growth. Moreover, Rapid integration of geomatics systems such as GPS (Global Positioning System), mapping, and imagery, wherein key players would increasingly try to launch multi-platform applications which is expected to drive the market growth over the forecast period.
Market Restraints
However, a privacy and security concern is the major challenging factor which is expected to hinder the global digital map market growth. Also, lack of expertise and skilled professionals in digital mapping solutions as well as stringent regulatory policies will affect the market growth during this analysis period.
Market Segmentation
Global Digital Map Market is segmented into type such as GIS, LiDAR, Digital Orthophotography, Aerial Photography, and Others, by usage such as Indoor, and Outdoor, by service such as Consulting, Development, and Management. Further, market is segmented into end use such as Automotive, Military & Defense, Mobile Devices, Enterprise Solutions, and Government & Public Sector.
Also, Global Digital Map Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Google, TOMTOM, ESRI, Here, Digital Map Products , Nearmap , Magellan, Apple, MapQuest, Inrix, and Yahoo
Market Taxonomy
By Type
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