Insights on the Digital Maps Global Market to 2027 - Featuring Apple, Google and Living Map Among Others - ResearchAndMarkets.com
October 22, 2021 at 12:36 PM EDT
The "Digital Maps - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Digital Maps estimated at US$11.7 Billion in the year 2020, is projected to reach a revised size of US$34.6 Billion by 2027, growing at a CAGR of 16.7% over the period 2020-2027.
Solution, one of the segments analyzed in the report, is projected to record 16.9% CAGR and reach US$25.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Service segment is readjusted to a revised 16.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.5 Billion, While China is Forecast to Grow at 16.1% CAGR
The Digital Maps market in the U.S. is estimated at US$3.5 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$6 Billion by the year 2027 trailing a CAGR of 16.1% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15% and 14.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.2% CAGR.
Select Competitors (Total 41 Featured):
Key Topics Covered:
II. EXECUTIVE SUMMARY
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/364avj