Global Digital Map Market Research Report: By Type (Services, Solutions), By Functionality (Scientific, GPS Navigation, Computerized), By Application (Indoor, Outdoor), By Technology (GIS, Digital Orthophotography, Aerial Photography, Others) and By Vertical (Automotive, Defense & Aerospace, Smartphones, Others) – Forecast to 2027Market OverviewIn its research report, Market Research Future (MRFR), emphasizes that the Map Market 2020 is expected to grow signficantly, securing a substantial market valuation and a healthy CAGR over the review period.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/6600Drivers and RestraintsThe strengthening rise in the number of smartphones and high internet penetration rate across the globe has helped the gain traction in the global digital map industry.
Customer dependency on digital mapping applications such as Google Maps has increased dramatically to locate places such as restaurants, ATMs, hospitals, and other locations, fueling the growth of the global digital map industry.Increasing the use of geospatial information in a plethora of applications such as emergency management, urban planning, business planning, logistics, and others has also paved the way for the expansion of markets.
Tracking natural disasters, tracking other environmental hazards, and measuring the distance between locations are among the attractive features of digital mapping that contribute to the growth of the market for digital maps.
Increasing the use of geospatial information in a plethora of applications such as emergency management, urban planning, business planning, logistics and others has also paved the way for expansion of markets.
Tracking natural disasters, tracking other environmental hazards and measuring the distance between locations are among the attractive features of digital mapping that contribute to the growth of the market for digital maps.Segmental AnalysisBy type, the global digital map is bifurcated into services and solutions.By functionality, the market is segmented into GPS navigation, Scientific, and computerized.By application, the market has been bifurcated into an outdoor and indoor.By technology, the market has been segmented into GIS, aerial photography, digital orthophotography, and others.By vertical, the digital map market has been segmented into automotive, smartphones, defense & aerospace, and others.
The automotive industry has been a leader in the incorporation of digital maps into its existing technology.