Authored By: Sarah
15 Dec 2023

USD 13.69 Billion Adventures: Mapping the Uncharted Territory of Digital Maps and Intelligent PDAs

The Digital Map Market has burgeoned due to advancements in technology, particularly in Geographic Information Systems (GIS) and the Internet of Things (IoT). These innovations have reshaped the landscape of cartography and spatial analysis, leveraging systems science and information technology to revolutionize the mapping domain. The market intertwines branches of science, economics, and information systems to drive advancements in real-time navigation, resource management, and augmented reality.

According to estimates, the size of the global digital map market will increase by USD 13.69 billion between 2022 and 2027, growing at a CAGR of 22.95%.

Key Driver: Adoption of Intelligent PDAs

  • Intelligent PDAs significantly drive the global digital map market, acting as versatile software agents performing various tasks and services based on user input and location awareness. These devices, often referred to as virtual assistants, aid users by accessing information sources for news, weather, traffic conditions, schedules, and retail prices. They play a crucial role in assisting drivers and enabling accessibility for users with disabilities through voice services.
  • PDAs efficiently handle alarms, calls, app management, and location-based searches, providing cost-effective personal assistance without human intervention. The proliferation of portable smart devices like smartphones and tablets, embedding PDAs, is fueling the growth of the personal assistant market, consequently amplifying the use of digital maps and their services.

Trend: Availability of Location-Based Services (LBS)

  • The rising availability of location-based services (LBS) is a prominent trend propelling the global digital map market forward. LBS, an active component within GPS and Internet-enabled mobile devices offers timely and location-specific information. These services, integrated with digital maps, enable access to product information, price comparisons, reviews, and direct purchase options.
  • Leveraging GPS and LBS, digital maps cater to users' needs by providing pertinent information, thereby empowering businesses to offer products and services at optimal times, driving the digital map market's growth.

Digital Map Market

Overview of Digital Map Market 

Analysis of Digital Map Market Players

Prominent contributors to the digital map market include Alibaba Group Holding Ltd., Alphabet Inc., Apple Inc., Digital Map Products Inc., Environmental Systems Research Institute Inc., HERE Global BV, GmbH, NavInfo Co. Ltd., Nearmap Ltd., and TomTom International BV.

As businesses increasingly invest in IoT, artificial intelligence, and wearable technology, the digital map sector is poised for robust growth, underpinning critical decision-making processes in logistics, supply chain management, and environmental conservation. The emergence of 3D computer graphics and the application of machine learning signal a significant shift toward smarter, more immersive digital mapping experiences, shaping the future of geospatial technologies and their diverse applications across industries. Explore how the Digital Map Market meets varied global demands in our widely acclaimed report.

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