FACTS AT A GLANCE
Editing: 6; Posted: April 2021
Executive pool: 22322
Companies: 41 – Players covered include Apple, Inc .; Car navigation data (AND); Autonavi; Digital Card Products, Inc .; Digital Mapping Solutions (DMS); DigitalGlobe; Esri; Google LLC; ICI Global BV; Inrix, Inc .; Living card .; Magellan digital mapping; Card box; Mapman Ltd .; Mapmyinde; Mapquest, Inc .; Mapsherpa; Microsoft Corporation; NavInfo Co., Ltd .; Nearmap Australia Pty Ltd; Openstreetmap; TomTom International BV; Yahoo !, Inc .; Zenrin Co., Ltd. and others.
Blanket: All major geographies and key segments
Segments: Application (automotive, military and defense, mobile devices, business solutions, government and public sectors, other applications); Component (Solution, Service)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; and rest of Europe); Asia Pacific; Rest of the world.
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Global Digital Maps Market To Reach $ 29.9 billion by 2026
In the midst of the COVID-19 crisis, the global digital card market is estimated to be US $ 11.7 billion in 2020, is expected to reach a revised size of US $ 29.9 billion by 2026, with a CAGR of 16.7% over the analysis period. Solution, one of the segments analyzed in the report, is expected to register a CAGR of 16.9% and reach US $ 25.7 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the services segment is readjusted to a revised CAGR of 16.1% for the next 7-year period.
The US market is estimated at $ 4.1 billion in 2021, when China is expected to reach $ 5.2 billion by 2026
The digital card market in the United States is estimated at US $ 4.1 billion in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 5.2 billion by 2026, with a CAGR of 16.1% over the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 15% and 14.3% respectively over the period of analysis. In Europe, Germany is expected to grow by about 12.2% CAGR. Following
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