LONDON--(BUSINESS WIRE)--Aug 29, 2018--According to the latest market research report released by Technavio, the global Automotive HD Maps market is expected to accelerate at a CAGR of nearly 14% during the forecast period. Companies working on expanding the autonomous driving concept is one of the key factors triggering the growth of the market.

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Technavio has published a new market research report on the global automotive HD maps market from 2018-2022. (Graphic: Business Wire)

This research report titled ‘ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only:

The market research analysis categorizes the global automotive HD maps market into the following end-user segment:

Passenger cars Commercial vehicles

In 2017, the passenger cars segment accounted for 98% of the global market and is expected to decline to 92% by 2022, exhibiting almost 6% decrease in market share.

Global automotive HD maps market: Top emerging trend

Adoption of high bandwidth automotive networks is an emerging trend in the automotive HD maps space. Presently, most vehicles use controller area network (CAN) and local interconnect network for networking in the vehicle. The main reasons for the popularity of these networking technologies are low cost and high flexibility. In CAN, nodes can be added and removed without the need to add a special-purpose device, such as a switch in the network. Another benefit is that there are no limits on the order of connection of devices.

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Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio’s report provides expert market research on the following topics:

Executive Report

Market Outline Global Automotive HD Maps Market Overview

Market Insights

Market Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends

Market Segmentation Analysis

Regional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by end-user (passenger cars and commercial vehicles)

Vendor Landscape

Vendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (HERE, Intel, NVIDIA, and TomTom)

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE: Technavio Research

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PUB: 08/29/2018 08:51 AM/DISC: 08/29/2018 08:51 AM