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Automotive Digital Mapping Market Size (2024 - 2029)

The automotive digital mapping market is experiencing significant growth, driven by the increasing adoption of connected and autonomous vehicles, alongside the rapid deployment of high-speed communication networks. Digital maps, integral to GPS satellite networks, are crucial for navigation systems in modern vehicles, enhancing their functionality through advanced features. The market's expansion is further supported by the consolidation of machine-to-machine platforms, which offers low initial investment and boosts revenues. Despite challenges posed by the COVID-19 crisis, the demand for digital mapping solutions continues to rise, reflecting their essential role in vehicle connectivity and advanced driver assistance systems.

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Market Size of Automotive Digital Mapping Industry

automotive digital mapping market
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 12.75 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

Automotive Digital Mapping Market Analysis

The automotive digital mapping market is expected to register a CAGR of 12.75% over the forecast period (2021-2026). Digital maps have been used extensively in recent times for various location-enabled applications, such as Google Earth, Google Maps, and Foursquare. The technology, however, is mainly recognized and used in GPS satellite networks, which form a significant component of the standard automotive navigation systems.

  • Digital maps have been used extensively for various location-enabled applications, such as Google Earth, Google Maps, and Foursquare. However, the technology is mainly recognized and used in GPS satellite networks, which form a significant component of the standard automotive navigation systems.
  • These solutions are used mainly in autonomous vehicles or connected vehicles with intelligent devices and advanced features, like GPS, used mainly for digital mapping or navigation in the automotive industry.
  • The increasing adoption of connected cars and the rapid deployment of high-speed communication networks across geographies drive the growth of the market over the forecast period. Also, machine-to-machine (M2M) platform consolidation leads to increased revenues due to low initial investment. The use of LBS technology (in coordination with digital maps) in business operations pertaining to logistics and the automotive industry is increasing considerably.
  • Audi and Nvidia underwent a partnership to develop a level 4 autonomous car and make it fully functional by 2020. Many companies are also identified to follow this trend, which is expected to increase the adoption of autonomous vehicles over the forecast period, thereby creating demand for digital mapping solutions.
  • The navigational maps and live traffic information have served as a powerful tool for the automotive industry. It is expected to be even more crucial at present, with the requirement for vehicle connectivity. The increased number of sensors incorporated in modern vehicles, owing to the introduction of advanced driver assistance systems (ADAS), has prompted the vendors to innovate their services. For instance, HERE is a map and content provider trying to include more information into maps.
  • Across the globe, the repercussions of the COVID-19 crisis are immense and unprecedented, as many auto-retail stores have remained closed for a month or more. Hence, resulting in the decline in profit by the automotive manufacturer as compared to the last two years, and it might take years to recover from this plunge in profitability.

Automotive Digital Mapping Industry Segmentation

The automotive industry has been at the forefront of innovation and has been proactively adopting technology to provide enhanced experience to the end-user. Digital mapping as the process in the collection of data is compiled to produce maps, in the form of virtual images, which accurately represent a particular geographical area, major roads, rivers, and important landmarks, such as airports, tourist attractions, and hospitals in and around the region. The digital mapping technology can also be used to calculate distances between different places. 

Component
Solutions
Services
Application
Autonomous Cars
Fleet Management
Advance Driver Assistance Systems (ADAS)
Geography
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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Automotive Digital Mapping Market Size Summary

The automotive digital mapping market is experiencing significant growth, driven by the increasing adoption of connected and autonomous vehicles. Digital maps are integral to GPS satellite networks, which are crucial for standard automotive navigation systems. The market is propelled by the rapid deployment of high-speed communication networks and the consolidation of machine-to-machine platforms, which offer low initial investment and increased revenues. The integration of location-based services (LBS) technology with digital maps is becoming more prevalent in logistics and automotive business operations. Partnerships, such as those between Audi and Nvidia, aim to advance autonomous vehicle technology, further boosting the demand for digital mapping solutions. The necessity for vehicle connectivity and the incorporation of advanced driver assistance systems (ADAS) are prompting vendors to innovate, enhancing the precision and functionality of digital maps.

In the United States, the demand for digital mapping solutions is fueled by the country's leadership in adopting autonomous vehicles and the presence of technology giants. Investments in regions like Ontario, with initiatives such as the Autonomous Vehicle Innovation Network, are expected to drive market growth. The Americas, with their high sales of luxury cars, are pushing for the adoption of advanced connected car technologies, including ADAS. The market is competitive, with major players like Google, Apple, HERE Technologies, and others dominating. Innovations, such as HERE Technologies' cloud-based mapping services and Toyota's satellite imagery-based mapping, are setting new standards in the industry. Despite the challenges posed by the COVID-19 pandemic, the market is poised for recovery and continued expansion, as consumers increasingly seek vehicles with advanced features and connectivity solutions.

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Automotive Digital Mapping Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Growth in the Number of Connected Cars

      2. 1.2.2 Increase in the Use of 3D Platforms

    3. 1.3 Market Restraints

      1. 1.3.1 Stringent Regulations and Legal Challenges for Safeguarding Privacy and Security

      2. 1.3.2 Lack of In-house Expertise

    4. 1.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

    5. 1.5 Technology Snapshot

      1. 1.5.1 GIS

      2. 1.5.2 LiDAR

      3. 1.5.3 Digital Orthophotography

      4. 1.5.4 Aerial Photography

    6. 1.6 Assessment of Impact of COVID-19 on the Industry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Component

      1. 2.1.1 Solutions

      2. 2.1.2 Services

    2. 2.2 Application

      1. 2.2.1 Autonomous Cars

      2. 2.2.2 Fleet Management

      3. 2.2.3 Advance Driver Assistance Systems (ADAS)

    3. 2.3 Geography

      1. 2.3.1 North America

      2. 2.3.2 Europe

      3. 2.3.3 Asia Pacific

      4. 2.3.4 Latin America

      5. 2.3.5 Middle East and Africa

Automotive Digital Mapping Market Size FAQs

The Automotive Digital Mapping Market is projected to register a CAGR of 12.75% during the forecast period (2024-2029)

Google LLC, Apple Inc., HERE Technologies, TomTom NV and MapQuest Inc. are the major companies operating in the Automotive Digital Mapping Market.

Automotive Digital Map Market Report Snapshots

Automotive Digital Mapping Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)