Research Beam

Global Digital Map Market to Grow at a CAGR of 15.92% During the Period 2017-2021

 

Portland, OR -- (SBWIRE) -- 01/15/2018 -- About Digital Map

A digital map is a collection of data compiled to produce a map in the form of a virtual image. Digital maps are rooted in conventional cartography, which has become a concern in terms of both geographic information systems and mapping fields. The primary functionality of digital maps is to produce maps that give the accurate result pertaining to a particular area. It also calculates the distance from one place to another and calculates the overall time taken to travel to a location in real-time considering the traffic. The primary use of a digital map is in conjunction with global positioning system (GPS) and automotive navigation systems.

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Research analysts forecast the global digital map market to grow at a CAGR of 15.92% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global digital map market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Global Digital Map Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Alibaba
- Apple
- Google
- HERE
- Micello
- NavInfo

Other prominent vendors
- CE Info Systems
- Digital Map Products
- MapQuest
- MapSherpa
- ?MAPMECHANICS
- Nearmap
- OnStar
- OpenStreetMap
- PeopleNet
- Sensewhere
- TomTom International
- Traceon
- ViaMichelin

Market driver
- Adoption of intelligent PDAs
- For a full, detailed list, view our report

Market challenge
- Security and privacy of mobile apps
- For a full, detailed list, view our report

Market trend
- Availability of location-based services
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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