Digital Map Market

TechNavio analysts forecast that the Global Digital Map market will reach $ 5.9 billion in 2014. One of the key factors contributing to this growth is the increased use of smartphones and increasing use of digital maps in the Navigation industry. However, the increasing cost of these maps as a result of the labor and cost intensive processes involved in developing them could pose a challenge to the growth of this market.

The Digital Map market has also been witnessing the emergence of location based services. Key vendors dominating this market space include NAVTEQ, Tele Atlas, Automotive Navigation Data (AND), and Zenrin Co. Ltd. TechNavio’s report, Global Digital Map Market 2010-2014, has been prepared based on in-depth qualitative and quantitative analysis of the market with inputs from industry experts. The report focuses on Americas, EMEA, and APAC and covers various market dynamics including profiles of key vendors. research report

Key questions answered in this report:

• What will the market size be in 2014 and at what rate will it grow?
• What key trends will this market witness?
• What are the key factors driving market growth?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

For more information kindly visit : Global Digital Map Market 2010 - 2014

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