Product Code: A02402
According to a new report published by Allied Market Research, titled, "Digital Map Market," The digital map market was valued at $21.8 billion in 2022, and is estimated to reach $89.1 billion by 2032, growing at a CAGR of 15.4% from 2023 to 2032.
Increase in use of geospatial information, thus drive the growth of the market. In addition, advancements in technologies such as artificial intelligence (AI) and machine learning (ML) and rise of Internet of Things (IoT) devices and sensors generating location-based data drives the growth of the growth of the market during the forecast period. Furthermore, growing adoption of mobile computing devices for navigation, wide adoption of 3D platforms, and advanced technologies for surveying and digital map-making are expected to propel the growth of the market during the forecast period. In addition, increasing demand for location-based services across various sectors such as transportation, logistics, and retail are utilizing digital maps to enhance their operations, improve customer experiences, and optimize resource allocation. This trend is driven by the growing prevalence of smartphones, GPS-enabled devices, and the need for real-time navigation and geospatial data.
However, data security and privacy concerns, and cost and accessibility constraints hamper the growth of the market. In addition, availability of free crowdsourcing digital maps and legal challenges also expected to restrict the growth of the digital map market. Despite the restraints, the digital mapping industry presents significant opportunities. The emergence of autonomous vehicles and smart cities creates a demand for highly detailed and accurate mapping data. Companies that can provide precise mapping solutions, including 3D and indoor mapping, stand to benefit from these opportunities. Furthermore, the expansion of e-commerce and the need for efficient last-mile delivery solutions provide avenues for digital mapping to optimize logistics and enhance supply chain management.Furthermore, the surge in adoption of real-time digital maps offers a strong opportunity for the digital map industry. Moreover, the rise of Internet of Things (IoT) devices and sensors is generating vast amounts of location-based data, further fueling the demand for advanced mapping technologies.
The digital map market is segmented into component, application, and region. By component, it is divided into solution and services. Based on application, this study includes indoor and outdoor applications. Indoor applications include airports, malls, and departmental stores, while outdoor applications include automotive navigation, mobile & the internet, public sector agencies, and enterprises. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market players operating in the digital map market are Apple Inc., Google LLC, HERE, Alibaba Group Holding Limited, TomTom International BV, MiTAC International Corporation and ARC Aerial Imaging Limited, Esri, Nearmap Ltd., and MAPQUEST. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, which help to drive the growth of the digital map market globally.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the digital map market forecast along with the current and future trends to explain the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on digital map market trends is provided in the report.
- The Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
- The quantitative analysis of the digital map market from 2022 to 2032 is provided to determine the market potential.
Key Market Segments
By Component
By Application
- Indoor Application
- Indoor Application
- Airports
- Malls
- Departmental Stores
- Outdoor Application
- Outdoor Application
- Automotive Navigation
- Mobile and the Internet
- Public Sector Agencies
- Enterprises
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- TomTom International BV
- ESRI
- Alibaba Group Holding Limited
- Apple Inc.
- MapQuest
- Nearmap Ltd.
- ARC Aerial Imaging Limited
- MiTAC Holdings Corp.
- HERE Technologies
- Google LLC
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Increase in use of geospatial information
- 3.4.1.2. Advancements in technologies such as artificial intelligence (AI) and machine learning (ML)
- 3.4.1.3. Rise of Internet of Things (IoT) devices and sensors generating location-based data
- 3.4.2. Restraints
- 3.4.2.1. Data security and privacy concerns
- 3.4.2.2. Cost and accessibility
- 3.4.3. Opportunities
- 3.4.3.1. Technological advancements
- 3.4.3.2. Increase in demand for personalized navigation experiences
- 3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: DIGITAL MAP MARKET, BY COMPONENT
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Solution
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Service
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
CHAPTER 5: DIGITAL MAP MARKET, BY APPLICATION
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Indoor Application
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.2.4. Indoor Application Digital Map Market by Indoor Application
- 5.2.4.1. Airports Market size and forecast, by region
- 5.2.4.2. Airports Market size and forecast, by country
- 5.2.4.3. Malls Market size and forecast, by region
- 5.2.4.4. Malls Market size and forecast, by country
- 5.2.4.5. Departmental Stores Market size and forecast, by region
- 5.2.4.6. Departmental Stores Market size and forecast, by country
- 5.3. Outdoor Application
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.3.4. Outdoor Application Digital Map Market by Outdoor Application
- 5.3.4.1. Automotive Navigation Market size and forecast, by region
- 5.3.4.2. Automotive Navigation Market size and forecast, by country
- 5.3.4.3. Mobile and the Internet Market size and forecast, by region
- 5.3.4.4. Mobile and the Internet Market size and forecast, by country
- 5.3.4.5. Public Sector Agencies Market size and forecast, by region
- 5.3.4.6. Public Sector Agencies Market size and forecast, by country
- 5.3.4.7. Enterprises Market size and forecast, by region
- 5.3.4.8. Enterprises Market size and forecast, by country
CHAPTER 6: DIGITAL MAP MARKET, BY REGION
- 6.1. Overview
- 6.1.1. Market size and forecast By Region
- 6.2. North America
- 6.2.1. Key trends and opportunities
- 6.2.2. Market size and forecast, by Component
- 6.2.3. Market size and forecast, by Application
- 6.2.3.1. North America Indoor Application Digital Map Market by Indoor Application
- 6.2.3.2. North America Outdoor Application Digital Map Market by Outdoor Application
- 6.2.4. Market size and forecast, by country
- 6.2.4.1. U.S.
- 6.2.4.1.1. Key market trends, growth factors and opportunities
- 6.2.4.1.2. Market size and forecast, by Component
- 6.2.4.1.3. Market size and forecast, by Application
- 6.2.4.1.3.1. U.S. Indoor Application Digital Map Market by Indoor Application
- 6.2.4.1.3.2. U.S. Outdoor Application Digital Map Market by Outdoor Application
- 6.2.4.2. Canada
- 6.2.4.2.1. Key market trends, growth factors and opportunities
- 6.2.4.2.2. Market size and forecast, by Component
- 6.2.4.2.3. Market size and forecast, by Application
- 6.2.4.2.3.1. Canada Indoor Application Digital Map Market by Indoor Application
- 6.2.4.2.3.2. Canada Outdoor Application Digital Map Market by Outdoor Application
- 6.3. Europe
- 6.3.1. Key trends and opportunities
- 6.3.2. Market size and forecast, by Component
- 6.3.3. Market size and forecast, by Application
- 6.3.3.1. Europe Indoor Application Digital Map Market by Indoor Application
- 6.3.3.2. Europe Outdoor Application Digital Map Market by Outdoor Application
- 6.3.4. Market size and forecast, by country
- 6.3.4.1. UK
- 6.3.4.1.1. Key market trends, growth factors and opportunities
- 6.3.4.1.2. Market size and forecast, by Component
- 6.3.4.1.3. Market size and forecast, by Application
- 6.3.4.1.3.1. UK Indoor Application Digital Map Market by Indoor Application
- 6.3.4.1.3.2. UK Outdoor Application Digital Map Market by Outdoor Application
- 6.3.4.2. Germany
- 6.3.4.2.1. Key market trends, growth factors and opportunities
- 6.3.4.2.2. Market size and forecast, by Component
- 6.3.4.2.3. Market size and forecast, by Application
- 6.3.4.2.3.1. Germany Indoor Application Digital Map Market by Indoor Application
- 6.3.4.2.3.2. Germany Outdoor Application Digital Map Market by Outdoor Application
- 6.3.4.3. France
- 6.3.4.3.1. Key market trends, growth factors and opportunities
- 6.3.4.3.2. Market size and forecast, by Component
- 6.3.4.3.3. Market size and forecast, by Application
- 6.3.4.3.3.1. France Indoor Application Digital Map Market by Indoor Application
- 6.3.4.3.3.2. France Outdoor Application Digital Map Market by Outdoor Application
- 6.3.4.4. Italy
- 6.3.4.4.1. Key market trends, growth factors and opportunities
- 6.3.4.4.2. Market size and forecast, by Component
- 6.3.4.4.3. Market size and forecast, by Application
- 6.3.4.4.3.1. Italy Indoor Application Digital Map Market by Indoor Application
- 6.3.4.4.3.2. Italy Outdoor Application Digital Map Market by Outdoor Application
- 6.3.4.5. Spain
- 6.3.4.5.1. Key market trends, growth factors and opportunities
- 6.3.4.5.2. Market size and forecast, by Component
- 6.3.4.5.3. Market size and forecast, by Application
- 6.3.4.5.3.1. Spain Indoor Application Digital Map Market by Indoor Application
- 6.3.4.5.3.2. Spain Outdoor Application Digital Map Market by Outdoor Application
- 6.3.4.6. Rest of Europe
- 6.3.4.6.1. Key market trends, growth factors and opportunities
- 6.3.4.6.2. Market size and forecast, by Component
- 6.3.4.6.3. Market size and forecast, by Application
- 6.3.4.6.3.1. Rest of Europe Indoor Application Digital Map Market by Indoor Application
- 6.3.4.6.3.2. Rest of Europe Outdoor Application Digital Map Market by Outdoor Application
- 6.4. Asia-Pacific
- 6.4.1. Key trends and opportunities
- 6.4.2. Market size and forecast, by Component
- 6.4.3. Market size and forecast, by Application
- 6.4.3.1. Asia-Pacific Indoor Application Digital Map Market by Indoor Application
- 6.4.3.2. Asia-Pacific Outdoor Application Digital Map Market by Outdoor Application
- 6.4.4. Market size and forecast, by country
- 6.4.4.1. China
- 6.4.4.1.1. Key market trends, growth factors and opportunities
- 6.4.4.1.2. Market size and forecast, by Component
- 6.4.4.1.3. Market size and forecast, by Application
- 6.4.4.1.3.1. China Indoor Application Digital Map Market by Indoor Application
- 6.4.4.1.3.2. China Outdoor Application Digital Map Market by Outdoor Application
- 6.4.4.2. Japan
- 6.4.4.2.1. Key market trends, growth factors and opportunities
- 6.4.4.2.2. Market size and forecast, by Component
- 6.4.4.2.3. Market size and forecast, by Application
- 6.4.4.2.3.1. Japan Indoor Application Digital Map Market by Indoor Application
- 6.4.4.2.3.2. Japan Outdoor Application Digital Map Market by Outdoor Application
- 6.4.4.3. India
- 6.4.4.3.1. Key market trends, growth factors and opportunities
- 6.4.4.3.2. Market size and forecast, by Component
- 6.4.4.3.3. Market size and forecast, by Application
- 6.4.4.3.3.1. India Indoor Application Digital Map Market by Indoor Application
- 6.4.4.3.3.2. India Outdoor Application Digital Map Market by Outdoor Application
- 6.4.4.4. Australia
- 6.4.4.4.1. Key market trends, growth factors and opportunities
- 6.4.4.4.2. Market size and forecast, by Component
- 6.4.4.4.3. Market size and forecast, by Application
- 6.4.4.4.3.1. Australia Indoor Application Digital Map Market by Indoor Application
- 6.4.4.4.3.2. Australia Outdoor Application Digital Map Market by Outdoor Application
- 6.4.4.5. South Korea
- 6.4.4.5.1. Key market trends, growth factors and opportunities
- 6.4.4.5.2. Market size and forecast, by Component
- 6.4.4.5.3. Market size and forecast, by Application
- 6.4.4.5.3.1. South Korea Indoor Application Digital Map Market by Indoor Application
- 6.4.4.5.3.2. South Korea Outdoor Application Digital Map Market by Outdoor Application
- 6.4.4.6. Rest of Asia-Pacific
- 6.4.4.6.1. Key market trends, growth factors and opportunities
- 6.4.4.6.2. Market size and forecast, by Component
- 6.4.4.6.3. Market size and forecast, by Application
- 6.4.4.6.3.1. Rest of Asia-Pacific Indoor Application Digital Map Market by Indoor Application
- 6.4.4.6.3.2. Rest of Asia-Pacific Outdoor Application Digital Map Market by Outdoor Application
- 6.5. LAMEA
- 6.5.1. Key trends and opportunities
- 6.5.2. Market size and forecast, by Component
- 6.5.3. Market size and forecast, by Application
- 6.5.3.1. LAMEA Indoor Application Digital Map Market by Indoor Application
- 6.5.3.2. LAMEA Outdoor Application Digital Map Market by Outdoor Application
- 6.5.4. Market size and forecast, by country
- 6.5.4.1. Latin America
- 6.5.4.1.1. Key market trends, growth factors and opportunities
- 6.5.4.1.2. Market size and forecast, by Component
- 6.5.4.1.3. Market size and forecast, by Application
- 6.5.4.1.3.1. Latin America Indoor Application Digital Map Market by Indoor Application
- 6.5.4.1.3.2. Latin America Outdoor Application Digital Map Market by Outdoor Application
- 6.5.4.2. Middle East
- 6.5.4.2.1. Key market trends, growth factors and opportunities
- 6.5.4.2.2. Market size and forecast, by Component
- 6.5.4.2.3. Market size and forecast, by Application
- 6.5.4.2.3.1. Middle East Indoor Application Digital Map Market by Indoor Application
- 6.5.4.2.3.2. Middle East Outdoor Application Digital Map Market by Outdoor Application
- 6.5.4.3. Africa
- 6.5.4.3.1. Key market trends, growth factors and opportunities
- 6.5.4.3.2. Market size and forecast, by Component
- 6.5.4.3.3. Market size and forecast, by Application
- 6.5.4.3.3.1. Africa Indoor Application Digital Map Market by Indoor Application
- 6.5.4.3.3.2. Africa Outdoor Application Digital Map Market by Outdoor Application
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top winning strategies
- 7.3. Product Mapping of Top 10 Player
- 7.4. Competitive Dashboard
- 7.5. Competitive Heatmap
- 7.6. Top player positioning, 2022
CHAPTER 8: COMPANY PROFILES
- 8.1. Apple Inc.
- 8.1.1. Company overview
- 8.1.2. Key Executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
- 8.1.7. Key strategic moves and developments
- 8.2. Google LLC
- 8.2.1. Company overview
- 8.2.2. Key Executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.2.6. Business performance
- 8.2.7. Key strategic moves and developments
- 8.3. HERE Technologies
- 8.3.1. Company overview
- 8.3.2. Key Executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.3.6. Key strategic moves and developments
- 8.4. TomTom International BV
- 8.4.1. Company overview
- 8.4.2. Key Executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.4.7. Key strategic moves and developments
- 8.5. MiTAC Holdings Corp.
- 8.5.1. Company overview
- 8.5.2. Key Executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
- 8.6. ARC Aerial Imaging Limited
- 8.6.1. Company overview
- 8.6.2. Key Executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.7. ESRI
- 8.7.1. Company overview
- 8.7.2. Key Executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Key strategic moves and developments
- 8.8. Nearmap Ltd.
- 8.8.1. Company overview
- 8.8.2. Key Executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.8.6. Business performance
- 8.8.7. Key strategic moves and developments
- 8.9. MapQuest
- 8.9.1. Company overview
- 8.9.2. Key Executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.10. Alibaba Group Holding Limited
- 8.10.1. Company overview
- 8.10.2. Key Executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.10.6. Business performance
- 8.10.7. Key strategic moves and developments