Electronic Cartography Market Forecasts to 2030 – Global Analysis By Type (Electronic Chart Systems (ECS), Raster Chart Display Systems (RCDS), Electronic Chart Display and Information Systems (ECDIS) and Other Types), Component (Navigation Charts, Naviga

Electronic Cartography Market Forecasts to 2030 – Global Analysis By Type (Electronic Chart Systems (ECS), Raster Chart Display Systems (RCDS), Electronic Chart Display and Information Systems (ECDIS) and Other Types), Component (Navigation Charts, Navigation System and Other Components), Application, End User and by Geography

According to Stratistics MRC, the Global Electronic Cartography Market is accounted for $30.04 billion in 2023 and is expected to reach $64.31 billion by 2030 growing at a CAGR of 11.49% during the forecast period. The creation, archiving, and accessibility of maps are all being completely transformed by electronic cartography, also referred to as digital cartography or e-cartography. Electronic cartography, in contrast to conventional paper maps, represents geographic information using digital technology. Moreover, to create intricate and dynamic maps, it combines data from multiple sources, including satellite imagery, GPS readings, and aerial photography. Users can view these maps on computers, smartphones, and GPS navigation systems, giving them dynamic and adaptable navigation tools.

According to the International Cartographic Association (ICA), electronic cartography has significantly transformed the landscape of mapmaking by leveraging digital technologies to enhance the creation, analysis, and dissemination of geographic information.0

Market Dynamics:

Driver:

Increased use of mobile devices

The market for electronic cartography has expanded dramatically as a result of the widespread use of smartphones, tablets, and other mobile devices with mapping software. Due to the growing popularity of mobile navigation apps like Waze, Apple Maps, and Google Maps, users can now access precise and up-to-date mapping services on their portable devices. This trend has opened up new possibilities for location-based services, geospatial analytics, and augmented reality applications, in addition to democratizing access to mapping technology. Furthermore, electronic cartography is now widely used thanks to the incorporation of GPS technology into mobile devices, giving users access to navigation capabilities wherever they go.

Restraint:

Data security and privacy issues

The market for electronic cartography is significantly hampered by growing concerns about data security and privacy. The collection and processing of large volumes of location-based data by electronic mapping platforms raises the risk of data breaches, unauthorized access, and misuse of private information. Concerns have also been raised about the possible privacy consequences of mapping applications collecting personal location data. Additionally, electronic cartography systems have become more complex and expensive to comply with data protection laws like the California Consumer Privacy Act (CCPA) and the General Data Protection Regulation (GDPR).

Opportunity:

Combining traditional and new technologies

There are a lot of opportunities for integrating emerging technologies like augmented reality (AR), machine learning, and artificial intelligence (AI) with electronic cartography. By automating processes like feature extraction, image classification, and data analysis, artificial intelligence (AI) and machine learning algorithms can improve the precision and effectiveness of mapping operations. Furthermore, augmented reality (AR) technologies present novel approaches to the visualization of geographic data, giving users interactive and engaging mapping experiences. Electronic cartography can be used for location-based marketing campaigns and autonomous navigation systems, among other things, by integrating it with emerging technologies.

Threat:

Market saturation and competition

There are many vendors in the highly competitive electronic cartography market that provide a broad range of mapping products and services. Price wars, margin erosion, and the commoditization of mapping solutions can result from intense competition. Furthermore, differentiation becomes difficult as the market becomes saturated with competing offerings, and vendors may find it difficult to differentiate themselves through unique features, superior quality, or value-added services. The existence of powerful companies with substantial market shares may create obstacles to entry for newcomers, reducing industry competition and innovation.

Covid-19 Impact:

The market for electronic cartography has been affected by the COVID-19 pandemic in a variety of ways. On the one hand, there is a greater need for mapping solutions that facilitate virtual communication and remote decision-making due to the growing popularity of remote work and digital collaboration tools. During the pandemic, electronic cartography has been essential in supporting location-based services, emergency response planning, and spatial analysis. However, some industries that depend on electronic cartography—such as retail, tourism, and transportation—has been impacted by the slowdown in the economy and supply chain disruptions.

The Electronic Chart Display and Information Systems (ECDIS) segment is expected to be the largest during the forecast period

In the electronic cartography market, Electronic Chart Display and Information Systems (ECDIS) usually hold the largest market share. International maritime regulations have mandated the use of ECDIS on many commercial vessels, which has led to its widespread adoption in the maritime sector. Advanced features of ECDIS include route planning, integration with other navigation systems, collision avoidance, and real-time vessel tracking. With its capacity to boost efficiency, guarantee regulatory compliance, and improve navigational safety, ECDIS is a vital piece of equipment for contemporary maritime operations. Moreover, the demand for ECDIS solutions is further fueled by the growing importance of maritime safety regulations and the volume of maritime trade, which further solidifies ECDIS's leading position in the electronic cartography market.

The Commercial segment is expected to have the highest CAGR during the forecast period

In the electronic cartography market, the commercial sector usually shows the highest CAGR. The term commercial sector refers to a broad range of industries, including retail, tourism, logistics, and transportation, all of which rely significantly on electronic cartography for spatial analysis, location-based services, and navigation. The commercial sector offers significant growth opportunities for electronic cartography providers due to the increasing demand for efficient transportation and logistics solutions, the rapid expansion of e-commerce, and the increasing globalization of trade. Furthermore, technological developments like autonomous cars and the Internet of Things (IoT) are propelling electronic cartography's growth trajectory in this market by encouraging its use in commercial applications.

Region with largest share:

North America usually holds the largest market share in the electronic cartography industry. The primary reasons for this dominance are the existence of major players in the electronic cartography market, large expenditures made on R&D, and sophisticated technology infrastructure. Furthermore, a wide range of industries are present in North America, such as defense, aerospace, maritime, and transportation, all of which significantly rely on electronic cartography solutions for spatial analysis, mapping, and navigation. The region's need for electronic cartography services and goods is fueled by strict safety laws as well as a focus on technological innovation.

Region with highest CAGR:

Asia-Pacific usually has the highest CAGR in the global electronic cartography market. Rapid urbanization, growing transportation networks, and rising infrastructure development expenditures in nations like China, India, Japan, and South Korea are some of the reasons driving this growth. The growing use of electronic mapping technologies in industries like urban planning, agriculture, and logistics propels market expansion in the area. Furthermore, the Asia-Pacific region offers lucrative opportunities for electronic cartography providers due to the increasing demand for location-based services and the widespread use of smartphones and internet connectivity.

Key players in the market

Some of the key players in Electronic Cartography market include Jeppesen, Navionics, Google, Northrop Grumman, IIC Technologies, Furuno, Rockwell Collins, Inc, Thales Group, Universal Avionics, Honeywell International, Inc, Raytheon Anschutz, Transas Marine and Garmin Ltd.

Key Developments:

In April 2024, Google Cloud and Palo Alto Networks, the global cybersecurity leader, announced the most significant expansion of their partnership to date. Palo Alto Networks has extended and increased its commitment to Google Cloud with a ten-figure, multi-year commitment and named Google Cloud its AI and infrastructure provider of choice. Google Cloud has long considered Palo Alto Networks its preferred next-generation firewall provider, and the expanded agreement solidifies that relationship.

In December 2023, Rockwell Collins Inc., maker of aviation electronics and communications solutions, has entered into a definitive agreement to acquire Anzus Inc. Anzus is a privately owned developer of software that enables high-speed tactical data link processing and sensor correlation for the U.S. Department of Defense as well as foreign governments.

In November 2023, Northrop Grumman has signed an agreement to provide initial sustainment services for the Royal Australian Air Force’s future MQ-4C Triton aerial drone fleet. The contract is part of Australia’s Maritime Patrol and Response program to develop a fleet of unmanned aerial vehicles and provide upgrades to the country’s P-8A Poseidon maritime patrol and reconnaissance aircraft. Australia plans to obtain up to six MQ-4Cs by 2025 under the initiative. Northrop Grumman introduced the program’s first system in September 2021.

Types Covered:
• Electronic Chart Systems (ECS)
• Raster Chart Display Systems (RCDS)
• Electronic Chart Display and Information Systems (ECDIS)
• Other Types

Components Covered:
• Navigation Charts
• Navigation System
• Other Components

Applications Covered:
• Very Large Aircrafts
• Wide Body Aircrafts
• Narrow Body Aircrafts
• Other Applications

End Users Covered:
• Commercial
• Defense
• Aviation
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances