Europe Digital Map Market Size & Outlook, 2023-2030
Europe digital map market, 2018-2030 (US$M)
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Europe digital map market highlights
- The Europe digital map market generated a revenue of USD 4,137.5 million in 2023.
- The market is expected to grow at a CAGR of 15.2% from 2024 to 2030.
- In terms of segment, geographic information system (gis) was the largest revenue generating type in 2023.
- Digital Orthophotography is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 4,137.5 million |
| Market revenue in 2030 | USD 11,160.6 million |
| Growth rate | 15.2% (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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 21.0% of the global digital map market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 16,823.4 million by 2030.
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Digital Map Market Scope
Digital Map Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe digital map market outlook
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 39.31% in 2023. Horizon Databook has segmented the Europe 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.
European professionals have come up with the Digital Methods Initiative (DMI) where PhD candidates perform research on several digital methods. A recent project that they participated in was the Electronic Maps to Assist Public Science (EMAPS). European cities are increasingly adopting digital map applications and navigation systems to enable enhanced comfort while driving.
Companies are partnering with digital map vendors to installed these systems while manufacturing automobiles. The national Improvement Service in Scotland, which supports the Scotland government in promoting healthier living, has collaborated with Ordnance Survey to initiate Digital Mapping for greener and healthier communities.
The initiative ahs resulted in increased awareness among citizens for digital maps, thereby boosting the market growth. The rising adoption of digital maps by smartphone manufacturing companies in the UK has increased its market demand. Manufacturing companies are partnering with digital map creators and dataset providers to acquire databases for their mobile applications.
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Our clientele includes a mix of digital map market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe digital map market , including forecasts for subscribers. This continent databook contains high-level insights into Europe digital map market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe digital map market size, by country, 2018-2030 (US$M)
Europe Digital Map Market Outlook Share, 2023 & 2030 (US$M)
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