Global Electronic Map Market Size, Share, and Trends Analysis Report, By Type (GIS, LiDAR, Digital Orthophotography, Aerial Photography, and Others) and By Application (Automotive, Military & Defense, Mobile Devices, Enterprise Solutions, and Government & Public Sector), Forecast (2022-2028)
The global electronic map market is anticipated to grow at a significant CAGR of 18.1% during the forecast period (2022-2028). The global electronic map market is growing due to various factors, such as the adoption of new technologies and changing landscape of customer intelligence and thoughts. The rising prevalence of rapid technological changes and the adoption of smartphones and tablets with internet facilities are also driving the growth of the market. These smartphones are widely used for navigation purposes and driving assistance. Additionally, the users are also using Geographic Information System and GPS applications to locate nearby fuel stations, restaurants, theatre halls, and other popular landmarks which is also boosting the demand for electronic maps. The rising demand for real-time mapping of data to create rich, accurate, and updated digital representation along with the ability to analyze and display streaming data from sensors, devices, and social media feed is expected to propel the growth of the global electronic map market during the forecast period.
The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new launches, to stay competitive in the market. For instance-
- In February 2022, India announced their plan to prepare digital maps for 600,000 villages and PAN-India 3D maps for 100 cities.
- In January 2022, HERE announced the launch of their Indoor Map which will be a one-stop shop for indoor mapping solutions.
- In December 2021, Genesys announced their PAN-India 3d mapping program to create the Digital Twin of entire urban India to improve the driving and navigation experience.
- In June 2021, Esri announced its launch for the first time a new high-resolution, 2020 global land cover map as part of the company’s Living Atlas. The map was built using European Space Agency Sentinel-2 satellite imagery and developed using a new machine learning workflow teaming with the new Esri Silver Partner Impact Observatory with the partnership of Microsoft.
Market Coverage
- The market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Microsoft, Avira Operations GmbH, McAfee, LLC, F-Secure, Avast Software s.r.o., and BullGuard, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Electronic Map Market Report by Segment
By Type
- GIS
- LiDAR
- Digital Orthophotography
- Aerial Photography
- Others
By Application
- Automotive
- Military & Defense
- Mobile Devices
- Enterprise Solutions
- Government & Public Sector
Global Electronic Map Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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