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iCrowdNewswire Oct 23, 2020 3:19 AM ET

Digital Map Market to Witness Robust Growth | Apple Inc., Google Inc, HERE, Micello, Inc


iCrowd Newswire - Oct 23, 2020

Digital Map Market – Opportunity and Forecast 2023, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Digital Map market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Map market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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Key Segments Studied in the Global Digital Map Market

The digital map also called as cartography is an electronic map, which operates based on a combination of graphic elements assigned to it in the form of electronic information. Digital mapping is a process of collection and compilation of data to form a virtual image.

The compiled data is used to produce digital maps that exactly represent a particular geographical area or feature, including major rivers, roads, and important landmarks such as hospitals, airports, and others. Digital mapping technology can also be used to calculate the distance between different places.

Increase in the usage of 3D platforms & advanced technologies for surveying and making digital maps drives the growth of the global digital map market. However, increase in adoption of free crowdsourcing digital maps, stringent regulations, and legal challenges restrict the growth of the market. Increase in adoption of real-time digital maps offers a strong opportunity for the digital map.

The global digital map market is segmented on the basis of usage, functionality, and region. Usage covered in this study includes indoor and outdoor applications. By indoor applications, the market is classified into airports, malls, and departmental stores. By outdoor applications, the market is divided into automotive navigation, mobile & the internet, public sector agencies, and enterprises. Based on the functionality, the market categorized into computerized, scientific, and GPS navigation.

By region, the digital map market is studied across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is projected to grow at the highest CAGR during the forecast period. Increase in the use of geospatial information fuels the market growth. In addition, increase in use of smartphones further propel the market growth.

The digital map market is dominated by key players that includes Apple Inc., Google Inc, HERE, Micello, Inc., TomTom International BV, MiTAC International Corporation, ARC Aerial Imaging Limited, Esri, Nearmap Ltd., and MAPQUEST.

KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth analysis of the digital map market, with current and future trends to elucidate the imminent investment pockets.

Information regarding key drivers, restraints, and opportunities is provided.

Porter’s Five Forces analysis illustrates the potency of buyers and suppliers participating in the market.

The quantitative analysis of the market from 2016 to 2023 is provided to elaborate the market potential.

KEY MARKET SEGMENTS

By Usage

Indoor applications

Airports

Malls

Departmental Stores

Outdoor Applications

Automotive Navigation

Mobile & The Internet

Public Sector Agencies

Enterprises

By Functionality

Computerized

Scientific

GPS Navigation

KEY MARKET PLAYERS PROFILED IN THE REPORT

 Apple Inc.

 Google Inc

 HERE

 Micello, Inc.

 TomTom International BV

 MiTAC International Corporation

 ARC Aerial Imaging Limited

 Esri

 Nearmap Ltd.

 MAPQUEST

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

 Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.

Study Explore :

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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

The study objectives of this report are:

The Study Explore COVID 19 Outbreak Impact Analysis

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Key Points Covered in Digital Map Market Report:

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Digital Map market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Digital Map  Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

……..and view more in complete table of Contents

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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Keywords:    Digital Map Market, Digital Map Market Analysis, Digital Map Market Growth, Digital Map Market Scope, Digital Map Market Share, Digital Map Market Trend, Digital Map Market Development, Digital Map Market Sales, Digital Map Market Forecast, Digital Map Market Opportunities, Digital Map Market Size

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