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Global Digital Map Market Insights 2025, Forecast To 2034

27 Feb, 2025

What Has Driven the Growth of the Digital Map Market in Recent Years?

The digital map market has seen considerable growth due to a variety of factors.
• The market for digital maps has experienced significant expansion in the past few years. It is projected to increase from a valuation of $18.36 billion in 2024 to reach $20.63 billion in 2025, with a compound annual growth rate (CAGR) of 12.3%.
Factors contributing to this increase in the historic period include a surge in the need for location-based services, advancements in navigation and GIS applications, infrastructure advancement initiatives, as well as the proliferation of mobile and internet technologies.

What is the Market Size Forecast for the Digital Map Market?

The digital map market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for a swift expansion of the digital map market size in the coming years. Predictions suggest an escalation to $37.13 billion by 2029, achieving a compound annual growth rate (CAGR) of 15.8%.
The upward trend during this forecast period can be credited to factors such as the rising employment of drones for mapping and surveying, the burgeoning of smart city initiatives, and the growing demand for indoor mapping solutions, supplemented by increasing urbanization. Noteworthy trends during this forecast period comprise of real-time mapping and dynamic updates, a focus on 3d and high-resolution mapping, the incorporation of artificial intelligence and machine learning for map analysis, collaborations between mapping enterprises and companies manufacturing autonomous vehicles, and mapping applications for environmental monitoring and climate change.

What Factors Are Driving Growth In The Digital Map Market?

The expansion of the digital map market is anticipated to be driven by a rise in internet penetration. This term denotes the fraction of a population that has internet access and utilizes it. The prevalence of internet use bolsters digital map usage by allowing immediate data access, updates, and user interactivity, thus aiding navigation and location-based services. For example, DataReportal, a Singaporean firm that provides digital trend insights, reported that in early 2023, roughly 5.16 billion people, equating to about 64.4% of the world's populace, were using the internet. This suggests a growth of almost 1.9% from late 2022, demonstrating a constant increase in worldwide digital connectivity. Consequently, the surge in internet penetration is propelling the expansion of the digital map market.

What Are The Main Segments Of The Global Digital Map Market?

The digital map market covered in this report is segmented –
1) By Type: Services, Solutions.
2) By Functionality: Scientific, GPS Navigation, Computerized.
3) By Service: Consulting, Development, Management.
4) By Industry: Automotive, Engineering And Construction, Logistics And Transportation, Energy And Utilities, Telecommunication.
5) By Application: Real-Time Location Data Management, Geocoding And Geo-positioning, Routing And Navigation, Asset Tracking, Reverse Geocoding Subsegments:
1) By Services: Mapping Services, Geocoding Services, Location-Based Services (LBS), Geographic Information System (GIS) Services, Data Analytics And Insights Services
2) By Solutions: Navigation Solutions, Fleet Management Solutions, Geographic Data Solutions, Real-Time Mapping Solutions, Augmented Reality (AR) Mapping Solutions

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What Emerging Trends Are Influencing The Growth Of The Digital Map Market?

Incorporation of advanced technology is becoming an increasingly popular trend within the digital map market. Major players in this field are introducing sophisticated technologies such as artificial intelligence and aerial image data processing to keep their market standing intact. For instance, Google Maps, a tech firm based in the US, unveiled a new web mapping platform in May 2022. The novel features of this application, including artificial intelligence and aerial image data utilization, offer users a digital depiction of streets, roads, and landmarks. This helps the users identify a landmark, restaurant, or venue, giving them a sense of being there before actually visiting. The application proves beneficial for travelers and individuals who desire to explore a new location prior to their visit.

Who Are the Key Players in the Digital Map Market?

Major companies operating in the digital map market include:
• Google LLC
• Apple Inc.
• TomTom International BV
• Environmental Systems Research Institute Inc.
• INRIX Inc.
• HERE Global B. V.
• Mapbox Inc.
• Waze Mobile
• Microsoft Corporation
• NavInfo Co. Ltd.
• Baidu Inc.
• MapQuest Inc.
• Naver Corporation
• Telenav Inc.
• Zenrin Co. Ltd.
• AutoNavi Software Co. Ltd.
• Info Systems Pvt. Ltd.
• Sygic a. s.
• OpenStreetMap Foundation
• Mappy SA
• Navmii Holdings plc
• GeoIQ Inc.
• Geoapify Inc.
• Mapfit Inc.
• Geo-Innovation LLC
• Mireo d. d.
• Kapsch TrafficCom AG
• Mapwize SAS
• Avenza Systems Inc.
• MapTiler AG

What Is The Most Dominant Region In The Digital Map Market?

North America was the largest region in the digital map market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital map market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa