The global automotive digital mapping market is anticipated to grow at a significant CAGR of 12.5% during the forecast period (2023-2030). Advanced mapping software launches to promote autonomous driving is one of the key factors driving the market growth. For instance, in January 2023, Luminar, an automotive technology development company launched high-definition, 3D maps that update automatically and are built from production vehicles also powered by Luminar software and hardware. In the same month, HERE introduced UniMap to revolutionize how maps are created, updated and used. UniMap produces up-to-date, comprehensive and unified map content at scale to serve automated driving, smart logistics and enterprise applications.
Browse the full report description of “Automotive Digital Mapping Market Size, Share & Trends Analysis Report, by Component (Solution & Services), and by Application (Autonomous Cars, Fleet Management, and Advance Driver Assistance Systems (ADAS)), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/automotive-digital-mapping-market
Further, in March 2022, Nvidia Corp. launched a new mapping platform to provide the autonomous vehicle industry with ground truth mapping coverage of over 300,000 miles of roadway in North America, Europe and Asia-Pacific by 2024. The platform, dubbed Drive Map, is geared toward enabling high levels of autonomous driving. Drive Map isn’t only open to existing Nvidia customers, but it does augment the company’s existing solutions for the AV industry. All of the data pulled from Nvidia customers is being constantly uploaded to the cloud as vehicles drive. It’s then aggregated and loaded onto Nvidia’s Omniverse, the company’s open platform built for virtual collaboration and real-time physically accurate simulation, and used to update the map so vehicles can achieve proper localization. In the process, Nvidia is able to more quickly scale its mapping footprint.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Component
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Apple Inc., MapQuest Inc., Google LLC, TomTom International BV, and HERE Technologies among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Automotive Digital Mapping Market Report Segment
By Component
By Application
Global Automotive Digital Mapping Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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