Delvens published a new research publication on "Digital Map Market Insights, to 2030" with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Digital Map Market was mainly driven by the increasing R&D spending across the world.
The global digital map market size is estimated to reach a CAGR of 14.80% to 2028.
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The digital map also called as cartography is an electronic map, which operation is based on a combination of graphic elements assigned to it in the form of electronic information. It is based on naturally harvested and processed into digital cartographic data.
Significant rise in demand from navigational application developers and Geographical Information System (GIS) providers, driven by a growing end-user base, and prolific rise in the number of smartphone and internet users are some of the factors that have supported long-term expansion for Digital Map Market.
Regional Analysis
The APAC digital map market is experiencing a disruptive growth, owing to its rapidly growing number of internet subscribers and consumption of internet over smartphones and other portable devices. The market is expected to grow at an even higher rate than present due to the ever-increasing consumption of content in major APAC economies such as China, India, Australia, Japan, Singapore, and Hong Kong are the major contributing factors for the growth of the digital map market in this region.
Key Players
· ESRI, Inc.
· Google, Inc.
· DigitalGlobe, Inc.
· Apple Inc.
· HERE Holding Corporation
· Getmapping PLC
· Micello, Inc.
· TomTom International B.V and More
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Recent Developments
In July 2019, Esri partnered with Mobileye to integrate advanced data collection capabilities of Mobileye into Esri’s platform as native service. The integration enabled Esri customers to visualize and analyze real-time HD maps.
In June 2019. TomTom collaborated with European Union Data Task Force (DTF) for innovative road safety solution by working on the Proof of Concept (PoC) to improve road safety; in PoC vehicles and infrastructure data are shared between countries and manufacturers. This technology enables vehicles to detect and warn occupants about dangerous road conditions.
The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
Reasons to Acquire
· Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
· Gain authentic and granular data access for Digital Map Market so as to understand the trends and the factors involved behind changing market situations
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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In addition to the market data for Digital Map Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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