DUBLIN, Feb. 3, 2023 /PRNewswire/ -- The "Digital Maps - Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

Global Digital Maps Market to Reach $52.3 Billion by 2030

The global market for Digital Maps estimated at US$18.6 Billion in the year 2022, is projected to reach a revised size of US$52.3 Billion by 2030, growing at a CAGR of 13.8% over the analysis period 2022-2030.

Solutions, one of the segments analyzed in the report, is projected to record 13.5% CAGR and reach US$35.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 14.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $5.4 Billion, While China is Forecast to Grow at 12.8% CAGR

The Digital Maps market in the U.S. is estimated at US$5.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.8 Billion by the year 2030 trailing a CAGR of 12.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.6% and 11.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.8% CAGR.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Metrics

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• Impact of Covid-19 and a Looming Global Recession
• Global Market Prospects & Outlook
• Digital Maps - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS (Total 41 Featured)

• Apple, Inc.
• Automotive Navigation Data (AND)
• Autonavi
• Digital Map Products, Inc.
• Digital Mapping Solutions (DMS)
• DigitalGlobe
• Esri
• Google LLC
• HERE Global BV
• Inrix, Inc.
• Living Map.
• Magellan Digital Mapping
• Mapbox
• Mapman Ltd.
• Mapmyindia
• Mapquest, Inc.
• Mapsherpa
• Microsoft Corporation
• NavInfo Co., Ltd.
• Nearmap Australia Pty Ltd
• Openstreetmap
• TomTom International BV
• Yahoo!, Inc.
• Zenrin Co., Ltd.

3. MARKET TRENDS & DRIVERS

• Innovative Solutions to Sustain Market Demand
• Increase in Smart PDAs Adoption to Drive Market Demand
• Increased Reliance on Geographic Information: A Market Driver
• Broad Range of Applications to Support Market Growth
• Digital Orthophotography: As a Powerful Source to Extract Geo and Spatial Information
• Increase in Application Across Construction and Engineering Sector to Drive Market Growth
• Increase in Indoor Mapping to Sustain Market Growth
• GIS for Emergency Management
• Application in Transportation Segment to Boost Market Prospects
• Growth in Population Size: A Market Driver
• Utilities to Drive Market Growth
• Application in Wide Range of Segments Augurs Well for the Market Demand
• Communications Sector
• Land Ownership/Administrative
• Environment
• Imagery
• Regulatory and Legal Policies Set to limit Digital Mapping Technology Market Prospects
• Dearth of Skilled Workforce: A Market Dampener

4. GLOBAL MARKET PERSPECTIVE

For more information about this report visit https://www.researchandmarkets.com/r/r5dk6g-maps?w=5

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