Mexico Digital Map Market Size & Outlook, 2023-2030

The digital map market in Mexico is expected to reach a projected revenue of US$ 1,069.7 million by 2030. A compound annual growth rate of 19% is expected of Mexico digital map market from 2024 to 2030.
Revenue, 2023 (US$M)
$316.2
Forecast, 2030 (US$M)
$1,069.7
CAGR, 2024 - 2030
19%
Report Coverage
Mexico

Mexico digital map market highlights

  • The Mexico digital map market generated a revenue of USD 316.2 million in 2023 and is expected to reach USD 1,069.7 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 19% 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.


Digital map market data book summary

Market revenue in 2023USD 316.2 million
Market revenue in 2030USD 1,069.7 million
Growth rate19% (CAGR from 2023 to 2030)
Largest segmentGeographic information system (gis)
Fastest growing segmentDigital Orthophotography
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGeographic Information System (GIS), LiDAR, Digital Orthophotography, Aerial Photography, Global Positioning System (GPS)
Key market players worldwideApple 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, Mexico accounted for 1.6% of the global digital map market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil digital map market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 1,069.7 million by 2030.

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Digital Map Market Companies

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Mexico 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 41.46% in 2023. Horizon Databook has segmented the Mexico 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.


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Target buyers of Mexico digital map market databook

  • Our clientele includes a mix of digital map market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Mexico digital map market , including forecasts for subscribers. This country databook contains high-level insights into Mexico digital map market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico digital map market size, by type, 2018-2030 (US$M)

Mexico Digital Map Market Outlook Share, 2023 & 2030 (US$M)

Mexico digital map market size, by type, 2018-2030 (US$M)

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