Current data, figures, expectations and forecasts,
and findings from Technavio
clearly indicate that, the Global digital map market expected to reach USD 5.57
billion by 2020, posting a CAGR of nearly 14% from 2016-2020.
The firm reveals that, the global digital map market by mobile and
Internet application was valued at USD 760 million in 2015 and is expected to
reach USD 1.52 billion by 2020, growing at a CAGR of nearly 15%.
The global digital map market by public sector and enterprise application was valued at USD 260 million in 2015 and is
expected to reach USD 430 million by 2020, growing at a CAGR of almost 11%.
Among top vendors highlighted by Technavio’s
research analysts, we have: Alibaba, Apple, Google, HERE, Micello and NavInfo.
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