Digital Map Market Size, Share, Growth Factors, Emerging Technologies, Sales Revenue, Competitive Landscape, Future Prospects and Potential of Industry 2023

Market Research Future published a research report on “Digital Map Market Research Report-Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Pune, India - July 22, 2019 /MarketersMedia/ —

Global Digital Map Market Overview

Digital mapping refers to a process of compiling and formatting a collected set of data into a virtual image. It is also known as digital cartography. The primary function of digital mapping is to produce maps which provide accurate representations of a particular area, with detailed main road arteries and other landmarks. It also enables the calculation of travel distance between two places. Even though digital mapping can be used in numerous computer applications, the primary use of this technology is with the GPS satellite network used in standard automotive navigation systems.

The global Digital Map Market is estimated to register prominent growth in the foreseeable future, as per the MRFR report. The digital mapping technology is used by major players in the automotive industry for semi-autonomous and self-driven vehicles. Such extensive use of digital mapping technology is resulting in significant market growth during the forecast period. Additionally, increasing demand for geospatial services is another influential factor driving growth in the digital map market.

Digital mapping technology can cater to a vast array of services including traffic updates, fleet management, landmarks, and intersecting lanes, and can facilitate smooth deliverance of logistics services. The MRFR report projects augmentation of the digital map market in the upcoming years. With the application of digital mapping technology in the disaster management for tracking is anticipated to push the digital map market to new heights. Further, the use of digital mapping technology in the identification of natural calamities like hurricanes and earthquakes is bound to influence the market positively.

Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/6600

Moreover, a rise in the number of business organizations that provide location-based services is likely to mushroom the adoption of digital mapping technologies, hence propelling market growth. Additionally, widespread adoption of smartphones and rapid penetration of internet is anticipated to proliferate the digital map market. Rising consumer reliance on digital mapping applications such as Google Maps has led to immense growth of the digital map market, globally.

Key Players:

Digital Map Products (US), TomTom (Netherlands), OpenStreetMap (UK), AutoNavi (China), and Digital Mapping Solutions (Australia), MapMan (UK), ARC Aerial Imaging Limited (UK), MapmyIndia (India), Microsoft (US), Living Map (UK), NavInfo (China), Mapbox (US), INRIX (US), MiTAC International Corporation(Taiwan), MapQuest (US), MapSherpa (Canada), Google (US), DigitalGlobe (US), Apple (US), Automotive Navigation Data (Netherlands), Esri (US), Nearmap (Australia), HERE (Netherlands), and ARC Aerial Imaging Limited (UK).

Segmental Analysis

By Type

• Services
• Solutions

By Functionality

• Scientific
• GPS navigation
• Computerized

By Application

• Indoor
• Outdoor

By Technology

• GIS
• Digital Orthophotography
• Aerial Photography
• Others

By Vertical

• Automotive
• Defense & Aerospace
• Smartphones
• Others

By Regions

• North America
• Europe
• Asia Pacific
• Rest of the World

Regional Outlook:

This report on digital map delivers a thorough analysis of the factors shaping the global digital map market, with emphasis on consumer demand across key regions such as North America, Europe, Asia Pacific, and the Rest of the World. The report recognizes the latest developments, strategies embraced by key players and market shares of each player along with analyzing their core competencies. The global digital maps market has been studied by type, functionality, application, technology, and vertical. The report also elaborates on the significant factors (drivers, restraints, opportunities, trends) governing the growth of the market. Market attractiveness analysis of segments has also been included in the report.

Get Complete Report @ https://www.marketresearchfuture.com/reports/digital-map-market-6600

Industry Update

April 2019: Wiivv has started using digital mapping technology for their new project named ‘paaww custom pet insoles.’ Under this project, Wiivv is manufacturing insoles for dogs by digitally mapping 200 points on each of the dog’s four paws using a mobile application and then using that data to design an insole to fit the dog perfectly.

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Website: https://www.marketresearchfuture.com

Source URL: https://marketersmedia.com/digital-map-market-size-share-growth-factors-emerging-technologies-sales-revenue-competitive-landscape-future-prospects-and-potential-of-industry-2023/88899378

Source: MarketersMedia

Release ID: 88899378

Latest News

US stocks fall sharply as US-China trade war escalates

Aug 24, 2019

Stocks tumbled on Wall Street after President Donald Trump said he "hereby ordered" U.S. companies to consider alternatives to doing business in China. He also said he would respond to Beijing's latest tariff increase later Friday. The Dow Jones Industrial Average sank nearly 500 points after the president made the announcements on Twitter. Trump also said he was "ordering" UPS, Federal Express and Amazon to block any deliveries from China of the powerful opiod drug fentanyl. The stocks of all three companies fell as traders tried to understand what the implications for them were. The developments mark the latest escalation...

China announces tariff hike on $75 billion of US products

Aug 24, 2019

BEIJING — China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump's latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening global economy into recession. China also will increase import duties on U.S.-made autos and auto parts, the Finance Ministry announced. The announcement comes as leaders of the Group of 7 major economies prepare to meet in France this weekend. Tariffs of 10% and 5% will take effect on two batches of goods on Sept. 1 and Dec. 15, the ministry said in a statement....

Global stocks higher ahead of US Fed chairman's speech

Aug 24, 2019

BEIJING — Global stock markets rose Friday after Wall Street declined ahead of a closely watched speech by the U.S. Federal Reserve chairman. Market benchmarks in London, Frankfurt, Shanghai and Tokyo all advanced. Investors are looking to Jerome Powell's speech Friday for signs of direction on interest rates after two regional Fed presidents said they see no need for a change. Investors expect a cut in September, the Fed's second in three months, to shore up U.S. economic growth amid a tariff war with Beijing and weakening global growth. "Markets seem very clearly positioned for some very dovish guidance from...

Democrats take a look at a practical health care approach

Aug 24, 2019

LAS VEGAS — Democratic voters appear to be reassessing their approach to health care, a pragmatic shift on their party's top 2020 issue. "Medicare for All" remains hugely popular, but majorities say they'd prefer building on "Obamacare" to expand coverage instead of a new government program that replaces America's mix of private and public insurance. Highlighted by a recent national poll, shifting views are echoed in interviews with voters and the evolving positions of Democratic presidential candidates on a proposal that months ago seemed to have growing momentum within their party. Several have endorsed an incremental approach — rather than...

Making a case to women: Trump female defenders go on offense

Aug 24, 2019

DES MOINES, Iowa — The Trump campaign has a message for its female supporters: It's time to come out of hiding. "There's a lot of people that are fearful of expressing their support, and I want you ladies to know it's OK to have felt that way, but we need to move past that or the Democrats win," said Tana Goertz, a Trump campaign adviser, at an Iowa "Women for Trump" event on Thursday. The Iowa event, held in the back room of a barbecue joint in a Des Moines suburb, was one of more than a dozen in battleground...