Digital Map Market Report 2021-2026 | Industry Trends, Market Share, Size, Growth and Opportunities

According to IMARC Group’s latest report, The global digital map market exhibited strong growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 13% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

A digital map is a web-based software solution representing a specific road, area, or geographical location. It is created virtually by collecting and formatting data into an image using digital formatting and are presented on a digital interface. Several graphical elements are incorporated to obtain information on water bodies, roads, and significant landmarks in a particular area. Digital map calculates distances between different places and offers various benefits, such as scalability, accuracy, real-time information, interaction, and compact operation systems. As a result, these maps have numerous applications in smart parking, location tracking, traffic and congestion intelligence, navigation, and logistics management.

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Market Trends:

Rapid urbanization, along with the rising penetration of mobile computing devices for navigation, including 3D platforms, is augmenting the market growth. The increasing penetration of advanced technologies that utilize visualization, simulations, and dynamic location-based inputs is also propelling the demand for digital maps. Furthermore, the rising adoption of digital maps in the civil engineering sector to visualize territorial data for infrastructural planning and implementing adequate safety measures in buildings is also aggravating the market growth. Additionally, numerous technological developments have led to the integration of cloud technology and big data in digital mapping solutions. Moreover, the advent of real-time digital maps in passenger and commercial vehicles, along with the rapid development of user-friendly platforms, is further anticipated to drive the digital map market.

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List of Key Companies Covered in this Market Report:

The report has segmented the market on the basis of type, usage, solution, deployment mode, application, end-use industry and geography.

Breakup by Type:

Breakup by Usage:

Breakup by Solution:

Breakup by Deployment Mode:

Breakup by Application:

Breakup by End-Use Industry:

Breakup by Geography:

Key highlights of the report:

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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