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Digital Map Market Size (2024 - 2029)

The digital map market is projected to experience significant expansion over the forecast period, driven by the increasing application of advanced navigation systems in the automotive sector, the rising demand for Geographic Information Systems, and the growing adoption of connected devices and the internet. This market's growth is further supported by its integration into various industries, including energy, logistics, and telecommunications, where it enhances operations through advanced GIS and real-time tracking. The proliferation of IoT-connected devices is expected to offer substantial growth opportunities, although the complexity of integrating traditional maps with modern GIS systems may pose challenges.

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Market Size of Digital Map Industry

Digital Map Market Summary
Study Period 2021 - 2029
Market Size (2024) USD 25.55 Billion
Market Size (2029) USD 47.88 Billion
CAGR (2024 - 2029) 13.39 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

Digital Map Market Major Players

*Disclaimer: Major Players sorted in no particular order

Digital Map Market Analysis

The Digital Map Market size is estimated at USD 25.55 billion in 2024, and is expected to reach USD 47.88 billion by 2029, growing at a CAGR of 13.39% during the forecast period (2024-2029).

Growth in the application of the advanced navigation system in the automotive industry, the surge in demand for Geographic Information Systems (GIS), and increased adoption of connected devices and the internet are some of the major factors driving the growth of the digital map market.

  • In recent years, digital map technology has found a potential place in various industries such as energy & power, automobile, logistics, transportation, government, construction, telecommunication, and others, offering advanced GIS, map analytics, and real-time tracking systems. Logistics and transportation sectors are one of the most crucial sectors deploying advanced digital map solutions to augment their operations through reduced up-time and finding effective delivery routes.
  • Additionally, digital map technology offers end-to-end map solutions such as location information, real-time update, technology collaboration, and analytics for better geo-mapping outputs. As the internet and connected devices such as smartphones, tablets, and interactive displays are experiencing higher adoption for map-based applications among the global population, the market for digital maps is expected to grow at a healthy rate in the coming years.
  • Moreover, from automotive vehicles to home appliances, the world is moving towards connected devices which provide real-time data tracking and location-based operation solution to consumers, driving the market's growth significantly. According to Forbes, the Internet of Things (IoT) connected devices installed base worldwide is expected to reach 75.44 billion devices by 2025, which in turn will bring a broad range of lucrative growth opportunities for the market throughout the forecast period.
  • However, the rise in the overall complexity of the integration of traditional maps with modern GIS systems might be a factor that could restrain the market's growth.

Digital Map Industry Segmentation

The digital map market is the digital representation of geographic maps of any territory, city, state, country, or total globe. The market study scope of the digital map includes all map-related solutions such as GIS, integrated location solutions, visualization, and mapping tools, analytics, map architecture solution, and others.

The Digital Map Market is segmented by Solution (Software, Services), Deployment (On-Premise, Cloud), Industry (Automotive, Engineering & Construction, Logistics & Transportation, Energy & Utilities, Telecommunication), and Geography (North America, Europe, Asia-Pacific, Rest of the world). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

By Solution
Software
Services
By Deployment
On-Premise
Cloud
By Industry
Automotive
Engineering & Construction
Logistics & Transportation
Energy & Utilities
Telecommunication
Other Industries
Geography
North America
United States
Canada
Europe
United Kingdom
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
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Digital Map Market Size Summary

The digital map market is poised for significant expansion, driven by the increasing integration of advanced navigation systems in the automotive sector, the rising demand for Geographic Information Systems (GIS), and the growing adoption of connected devices and the internet. This market is experiencing a surge in applications across various industries, including energy, power, logistics, transportation, government, construction, and telecommunications. The logistics and transportation sectors, in particular, are leveraging digital map solutions to enhance operational efficiency through improved route planning and reduced downtime. The proliferation of connected devices, such as smartphones and tablets, is further propelling the market's growth, as these devices increasingly rely on map-based applications for real-time data and location-based services.

Regionally, Asia-Pacific is emerging as a rapid growth area for the digital map market, fueled by the expansion of the e-commerce sector and the adoption of advanced technologies in countries like China, India, and Japan. The automotive industry's growth in this region, alongside the rise of augmented reality applications in gaming, is also contributing to the market's expansion. Key players in the market, including Google, HERE Technologies, and TomTom, are actively engaging in strategic partnerships and product innovations to strengthen their market positions. These developments, coupled with advancements in GIS and Global Navigation Satellite Systems (GNSS), are expected to drive the digital map market's growth trajectory over the forecast period.

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Digital Map Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Force Analysis

      1. 1.2.1 Threat of New Entrants

      2. 1.2.2 Bargaining Power of Buyers/Consumers

      3. 1.2.3 Bargaining Power of Suppliers

      4. 1.2.4 Threat of Substitute Products

      5. 1.2.5 Intensity of Competitive Rivalry

    3. 1.3 Industry Value Chain Analysis

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Solution

      1. 2.1.1 Software

      2. 2.1.2 Services

    2. 2.2 By Deployment

      1. 2.2.1 On-Premise

      2. 2.2.2 Cloud

    3. 2.3 By Industry

      1. 2.3.1 Automotive

      2. 2.3.2 Engineering & Construction

      3. 2.3.3 Logistics & Transportation

      4. 2.3.4 Energy & Utilities

      5. 2.3.5 Telecommunication

      6. 2.3.6 Other Industries

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

      2. 2.4.2 Europe

        1. 2.4.2.1 United Kingdom

        2. 2.4.2.2 Germany

        3. 2.4.2.3 France

        4. 2.4.2.4 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 Rest of Asia-Pacific

      4. 2.4.4 Rest of the World

Digital Map Market Size FAQs

The Digital Map Market size is expected to reach USD 25.55 billion in 2024 and grow at a CAGR of 13.39% to reach USD 47.88 billion by 2029.

In 2024, the Digital Map Market size is expected to reach USD 25.55 billion.

Digital Map Market Report Snapshots

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