IMARC Group

Digital Map Market Growth 2023-2028, Industry Size, Share, Trends and Forecast

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According to IMARC Group’s latest report, titled “Digital Map Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global digital map market size reached US$ 4.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.1 Billion by 2028, exhibiting a growth rate (CAGR) of 14% during 2023-2028. A digital map is a software solution available online that displays a specific geographical location, area, or road. It is created by collecting and formatting data into an image presented on a digital interface. It consists of graphical elements that provide information about water bodies, roads, and landmarks in a specific area. It can also be used to calculate distances between different locations. It offers numerous benefits, including scalability, accuracy, real-time information, interactivity, and ease of operation. As a result, the digital map finds extensive applications in smart parking, location intelligence, traffic and congestion management, navigation, and logistics management across the globe. Request Free Sample Report: https://www.imarcgroup.com/digital-map-market/requestsample Market Trends: The global digital map market is primarily driven by rising product utilization in the construction and engineering sectors as they help engineers implement safety measures and plan infrastructure more efficiently. Moreover, the increasing adoption of 3D platforms for surveying and digital mapmaking is positively influencing the market growth. Additionally, the rising reliance on mapping applications such as Google Maps and City mapper for directions and location-based searches due to the widespread use of smartphones and other portable devices has catalyzed the market growth. Furthermore, several key players are offering user-friendly features, such as traffic updates, roadblocks, and updated places of interest in maps, thereby contributing to the market growth. Other factors, including the increasing use of mobile computing devices for navigation purposes, rapid urbanization, and the development of user-friendly platforms, are also anticipated to drive the market further. Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=2241&flag=C List of Key Companies Covered in this Market Report: The report has segmented the market on the basis of type, usage, solution, deployment mode, application, end-use industry and geography. Breakup by Type: Breakup by Usage: Breakup by Solution: Breakup by Deployment Mode: Breakup by Application: Breakup by End-Use Industry: Breakup by Geography: Key highlights of the report: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization. About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. Contact US IMARC Group Email: sales@imarcgroup.com USA: +1-631-791-1145 | Asia: +91-120-433-0800 Address: 134 N 4th St. Brooklyn, NY 11249, USA Website: https://www.imarcgroup.com/ Follow us on Twitter: @imarcglobal Linkedin: https://www.linkedin.com/company/imarc-group