Market revenue in 2023 | USD 1,677.2 million |
Market revenue in 2030 | USD 4,920.6 million |
Growth rate | 16.6% (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 43.78% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
The digital mapping market has immense potential in the MEA region as the market is still in the nascent stage and is expected to evolve over the forecast period. The increasing use of smartphones and high adoption of smart devices has resulted in a large number of mobile manufacturers adopting digital map applications to offer navigation facilities.
African nations are increasingly using digital maps to analyze conditions of the environment and assess risks in regions that are prone to natural hazards such as floods and earthquakes. The African Soil Information Service uses digital soil mapping for analyzing the soil texture and quality through spatial soil information systems.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa digital map market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa digital map market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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