South East Asia Digital Map Market is forecasted to grow with 15.4% with factors such as growing utilization of geographical information in the business decision making has increase it adoption in the various industries such as transport and logistics, aerospace, agriculture these factors will drive the growth of the South East Asia digital map market.
South East Asia digital map market has shown positive growth is due to the growing demand of smartphones and growing advancement in the digital map are some of the factor drive growth of the market. As it has been witnessed usage of digital map in the smartphones allows the user to coordinate with their family and friends without help of others. In additions to the companies are continuously advancing the features of the digital map which allow the user to track their live location which enhance the safety features for the users. These all factor will drive the growth of the digital map market in the developing countries.
Digital Map Market Scenario
According to Data Bridge Market Research the market for digital map in South East Asia region has the highest market share. The market leader Google (A subsidiary of Google, Inc) accounts an estimated market share of approximately 24.2% of market share in the South East Asia. It has been witnessed that Google maps has reformed the way of navigation by continuously improving features of Google map. Apart from these Google continuously focuses on adopting such business strategies that help them to expand the business Google map remain competitive in the market. For instance In September 2018, Google,Inc. had form partnership with the Renault-Nissan, with this partnership Renault will integrate a new system in their cars which support google map via google Assistant. Hence, all these factors will help Google to remain leader in the South East Asia digital map market.
- In October 2019, Google Maps has updated its product by making some technological modification which will assist the customer with vision impairment that will further help them in navigation. This will include voice guidance along with verbal announcements. Currently this is only available in Japanese in Japan and English in the U.S. on both iOS and android. Thus, this will help the company to increase its customer base.
- In April 2019, Uber had paid USD 58 million to the Goggle for providing their map services to the Uber. This partnership will help both companies to enhance their customer satisfaction that will further increase the customer base for the both companies.
Trends Impacting the Market
Now the question is which other regions Google, Inc. (A Subsidiary of Alphabet), Apple, Inc., Esri are targeting? Data Bridge Market Research has forecasted a large growth in South East Asia digital map market and the market leaders targeting Singapore, Malaysia, Thailand to be their next revenue pockets for 2020.
The digital map is becoming more competitive every year with companies like Apple, Inc., Esri, here are the market leaders for Digital Map Market. The Data bridge market research new reports highlight the major growth factors and opportunities in the digital map market.
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New South East Asia Digital Map Market Development In 2019
- In June 2019, Silversmith Capital had announced to sale the digital map product through Lightbox which allows the Company’s vision of embedding location technology into everyday workflows has enabled its over 350,000 users to make informed decisions based on real-time geospatial intelligence. DMP joins LightBox, a company whose objective is to provide real estate professionals with greater transparency, efficiency and insight at every decision point. DMP joins other LightBox acquisitions including EDR and Real Capital Markets
Scope of South East Asia digital Map Market
Digital map market is segmented on the basis of countries into Singapore, Malaysia, Thailand, Indonesia, Vietnam, Burma (Myanmar), Cambodia, Brunei, Laos and Rest of South East Asia.
All country based analysis of the digital map is further analyzed on the basis of offering; the market is segmented into software, services. Based on Function, the market is segmented into indoor mapping and outdoor mapping. On the basis of deployment model, the market is segmented into on-premises, cloud. On the basis of display mode, the market is segmented into 2D Plan View, 3D Perspective and Others. On the basis of map type, the market is segmented in to static map and dynamic map. Dynamic map is further sub segmented into interactive map and animated map. On the basis of map technology, the market is segmented in to GIS, aerial photography, digital orthophotography and others. On the basis of application, the market is segmented into routing & navigation, asset tracking, geocoding & geo-positioning, network planning, land survey, inspection and others. On the basis of end-user, the market is segmented into automotive, aerospace & defense, logistics & transportation, government & defense, infrastructure development, IT & telecommunication, agriculture, oil & gas, energy & utilities and others.
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Key Pointers Covered in the Digital Map Market Industry Trends and Forecast to 2027
- Market Size
- Market Regulatory Framework and Changes
- Market Shares in different regions
- Recent Developments for Market Competitors
- Recent market value for different regions
- Sales Data for Market Competitors
- Market key vendors and disruptors study
- Market Supply Chain Competiveness
- Market Infrastructure Development
Key Market Competitors Covered in the report
- Harris Corporation
- Google, Inc. (A Subsidiary of Alphabet)
- TomTom International BV
- Esri
- HERE
- Apple, Inc
- Lepton Software, Inc
- One GIS Pte Ltd
- Skymap Global
- DigitalGlobe
- PASCO Philippines Corporation
- Accu-map
- Ntt Data Inc
- Progira
Above are the key players covered in the report to know about more and exhaustive list of digital map market Company’s contact us https://www.databridgemarketresearch.com/toc/?dbmr=south-east-asia-digital-map-market
Research Methodology: South East Asia digital Map Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Government fleets, transport agencies, personal consumers.
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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