Latest Market Research Report 2025

  The global  digital map market  size is estimated to reach USD 54.98 billion by 2030, expanding at a CAGR of 15.8% from 2023 to 2030, according to a new study by Grand View Research, Inc. The market is anticipated to have a significant demand from navigational application developers as well as geographical information system (GIS) operators, who are driven by an increasing end-user base. The increase in the number of smartphone and internet users has fueled global growth. Moreover, the rise in the number of connected and semi-autonomous cars, and expected developments in self-driving and navigation technology, among others are anticipated to drive global demand.   Rising demand for geospatial information in recent years is driving the growth of digital cartography technology. Applications such as logistics management, congestion intelligence, location, traffic, and smart parking need routing and congestion updates in real-time. With significant technologi...

The global digital map market   was valued at   USD 18.18 billion   in   2022   and is projected to grow at a   compound annual growth rate (CAGR) of 15.8%   from   2023 to 2030. This growth is driven by the increasing use of advanced technologies in mapmaking and surveying, coupled with the growing adoption of digital maps across various industries. Digital maps are becoming increasingly essential for a wide range of applications, from navigation and location-based services to urban planning and geospatial data analytics. Market Drivers The primary factors propelling the growth of the digital map market include the increasing penetration of the internet and the rising use of connected devices such as smartphones, tablets, and interactive displays. As more people use smartphones and other mobile devices, the demand for map-based applications like navigation, location tracking, and geographic information systems (GIS) continues ...