Digital Map Market Projected to Grow at a Steady Pace During 2021-2026
Stratview Research has recently published a report on the Digital Map Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2026.
Digital Map Market Segment Analysis:
Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Digital Map Market is projected to grow from USD 8.1 billion in 2020 to USD 17.0 billion by 2026 at a CAGR of over 13.4% during the forecast period.
Key Players
The market for Digital Map is highly consolidated with the strong presence of key players such as-
- Google (US)
- TomTom (Netherland)
- Esri(US)
- Here (Netherlands)
- Digital Map Products Inc.(US)
- Nearmap(Australia)
- Magellan(US)
- Apple (US)
- Mapquest (US)
- Intrix (US)
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As per the report, the market is segmented by:
· By Type (GIS, LiDAR, Digital Orthophotography, Aerial Photography, Others)
· By Service (Consulting, Development, Management)
· By Application (Real-time Location Data Management, Geocoding & Geopositioning, Routing & Navigation, Asset Tracking, Others)
· By Region - COVID-19 Impact Analysis and Forecast to 2026
COVID-19 IMPACT
COVID-19 has affected almost every business, irrespective of size, irrespective of region. In the year 2020, the dynamics of the Digital Map Market have shifted dramatically. The consumer climate and business practices have evolved significantly, resulting in numerous process changes that will have long-term consequences.
Sneak peek into the Report:
This report serves as a comprehensive source of market analysis. The report's layout has been kept simple in order to have the most business value possible. It offers valuable insights into business dynamics and allows current and potential market participants to make strategic decisions.
The following are the report's key features:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market forecast analysis
- Competitive landscape and dynamics: Market share, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends & Key success factors
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