Albany, NY -- (SBWIRE) -- 03/23/2018 -- Digital maps refers to virtual images formed by gathering data and configuring it into an image which is also called as cartography. The method of gathering data and structuring it into a virtual image is termed as digital formatting. Digital formatting produces maps that can provide accurate information and representations about a particular road, area or any other point of interest. Digital mapping refers to the process in which data is accumulated to produce maps, in the form of virtual images, which precisely represents a certain geographical area, the main roads, rivers, and various important landmarks such as tourist attractions, airports and hospitals around the region. Digital mapping technology can also be used to compute distances between different places. There are certain map providers which provide updates for some time only while others are providing map updates on a real-time basis. In last few decades, the digital map technology has evolved in the market which includes introduction of digital maps, then increase in a coverage area and updates of digital maps. Now, the players have shifted focus towards the updating digital maps on real time basis. Digital maps are utilized in technology such as Foursquare, Google Maps, Google Earth and global positioning system (GPS). Automotive navigation systems uses digital maps for GPS satellite networks. There have been a lot of technological advancements in the past decade in digital maps such as road blocks, traffic updates, and updated places of interest, landmarks etc. making digital maps more user-friendly.
Browse Our Report: https://www.transparencymarketresearch.com/digital-map-market.html
The Digital Map Software Market is anticipated to witness significant demand from geographical information system (GIS) providers and navigational application developers. The abundant rise in the number of smartphone and internet users has further increased market growth at the global level. In recent years, there is rise in demand of digital maps owing to a rapid growth in demand for geospatial information. The growth in the number of connected and semi-autonomous cars, estimated developments in self-driving and navigation technology, and surge in the overall number of cars in developing countries are expected to drive the growth for digital maps. Thus, growth of geomarketing business, renewed interest of automakers in connected and self-driven cars utilizing digital maps are factors which are expected to drive the market during the forecast period.
Request Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=36458
There is increase in adoption of crowdsourcing digital maps which is major challenge in the growth of digital map market. Moreover, lack of in-house expertise and stringent government regulations are expected to restrain the market growth during the forecast period.
Market for digital map can be segmented on the basis of technology, solutions, service, usage, application, and geography. Market on the basis of technology can be segmented into GIS, LiDAR, digital orthophotography, aerial photography and others. On the basis of software the market is segmented into desktop application, network application and others (map server, online maps, etc.). Based upon the application of mapping techniques in various end-uses or usage, the market can be segmented into indoor and outdoor. Indoor usage includes airports, departmental stores, malls and others. Outdoor usage includes automotive navigation, mobile and the internet, public sector agencies and enterprise and others. In terms of application, the market is segmented into automotive, military & defense, mobile devices, enterprise solutions, government & public sector. On the basis of service, the market is segmented into consulting, development and management. Geographical segmentation for data center support infrastructure market includes North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America.
Download TOC: https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=36458
Key players operating in Digital Map Software Market includes Apple Inc., Tom Tom International BV, AutoNavi Holding Ltd., Google Inc., Micello Inc., , NavInfo Co. Ltd., ArcGIS Online, OpenStreetMap, Yahoo Maps, Zenrin, WoNoBo , Bing Maps , MapSherpa, GeoMapserver, MapQuest, , NearMap, , Inrix, Mapion, Mappy, Roadtrippers, WikiMapia, MapmyIndia, ViaMichelin, Tom Tom NV, Magellan Navigation, Bhuvan and Baidu Maps. All the major companies are adopting numerous strategies such as production innovation, acquisitions & mergers, and others to gain competitive advantage in the market.