Global Automotive Digital Mapping Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 16, 2018--The “Global Automotive Digital Mapping Market - Segmented by Applications (Autonomous Cars, ADAS, Logistics Control), and Region - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The automotive digital mapping market is expected to register a CAGR of 12.75%, during the forecast period (2018 - 2023).
Advanced driver-assistance systems (ADAS) is expected to grow exponentially over the next few years, particularly owing to the regulatory and consumer interest in the safety applications that can help avoid accidents. With the mandating of ADAS systems within vehicles in certain North American and European countries has set the trend of installing these systems in vehicles being manufactured within the region.
Asia-Pacific is home to the largest population across the globe, with the majority of the population being concentrated in the rapidly developing nations of India and China. With the population witness a rise in income levels, consumers are prioritizing investments in safety devices within the automobiles, and hence the rising purchasing power is set to propel the demand for ADAS and autonomous cars heavily in the region. With the potential for sheer volume growth in the number of automobiles being operated on the busy streets of these developing nations, the market in the region is expected to witness a prosperous growth during the forecast period.
Companies MentionedESRI Inc. Google Inc. Apple Inc. GetMapping PLC Micello Inc. TomTom International BV Digital Globe Inc. HERE Holding Corporation MiTAC International Corporation Nearmap Ltd. ARC Aerial Imaging Limited
Key Topics Covered:
2. Research Methodology
3. Market Insights
4. Market Dynamics
5. Technology Snapshot
6. Global Automotive Digital Mapping Market Segmentation and Forecast
7. Competitive Landscape - Key Vendor Profiles
8. Investment Analysis
9. Future Market Outlook
For more information about this report visit https://www.researchandmarkets.com/research/48gvn7/global_automotive?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180516005821/en/
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SOURCE: Research and Markets
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PUB: 05/16/2018 09:28 AM/DISC: 05/16/2018 09:28 AM