Thursday 11 June 2015, Amsterdam
The report, now available on ASDReports, recognizes the following companies as the key players in the global digital map market: Alibaba (AutoNavi), Apple, Google, HERE, MapmyIndia, Micello, NavInfo and TomTom
Other Prominent Vendors in the market are: ArcGIS Online (Esri), Baidu Maps, Bhuvan, Bing Maps (Microsoft), GeoMapserver, Inrix, Magellan Navigation, Mapion, MapmyIndia (CE Info Systems), Mappy, MapQuest, MapSherpa, NearMap, OpenStreetMap, Roadtrippers, ViaMichelin, WikiMapia, WoNoBo (Genesys International), Yahoo! Maps (Yahoo) and Zenrin
Commenting on the report, an analyst said: “The global digital map market is witnessing a significant change in the process of map building. All map providers are moving from traditional maps to innovative highly featured maps, such as 3D maps, 360-degree views maps, venue maps, and street maps. The increasing competition among the digital map providers is driving vendors to expand their map product portfolio and introduce new user-friendly maps.”
According to the report, the use of digital maps has been increasing significantly across industries. Applications developed using digital maps are helping users streamline their business processes, such as procurement, processing, storage, employee satisfaction, and supply chain.
Further, the report states that stringent government regulations and privacy norms are posing a challenge to the growth of the global digital map market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.