Market revenue in 2023 | USD 5,600.2 million |
Market revenue in 2030 | USD 16,823.4 million |
Growth rate | 17% (CAGR from 2023 to 2030) |
Largest segment | Geographic information system (gis) |
Fastest growing segment | Digital Orthophotography |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Geographic Information System (GIS), LiDAR, Digital Orthophotography, Aerial Photography, Global Positioning System (GPS) |
Key market players worldwide | Apple Inc, Maxar Technologies, Alphabet Inc Class A, Getmapping, Intermap Technologies Corp Class A, TomTom NV, AutoNavi, Esri, HERE Technologies Chicago, NavInfo, Zenrin |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital map market will help companies and investors design strategic landscapes.
Geographic information system (gis) was the largest segment with a revenue share of 40.78% in 2023. Horizon Databook has segmented the Asia Pacific digital map market based on geographic information system (gis), lidar, digital orthophotography, aerial photography, global positioning system (gps) covering the revenue growth of each sub-segment from 2018 to 2030.
Technological proliferations in the Asia Pacific region has led t o a surge in the demand for smartphones, which, in turn, have resulted in increased mobile applications for digital maps and navigation systems. The regional governments in Asia Pacific are adopting digital maps for several purposes, such as risk assessments, land management, environmental purposes, and traffic management.
As a result, the number of digital map manufacturers is also increasing in the region. Indian Defense and Security systems use digital maps for the effective execution of military plans and movement of troops along the border sites. This has increased the demand for high-quality maps in the country.
Government initiatives toward digitization have resulted in several new players entering the Indian market for digital maps and location-based services. The increasing government support is expected to result in the rising number of companies offering these services.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific digital map market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific digital map market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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