Global Automotive Maps Market 2018-2022

Below are some of the key findings from the automotive maps market research report

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Global automotive maps industry overview

The integration of navigation-supported safety features is a major factor driving the growth of automotive maps market size. The rise in the number of vehicles on the road has increased accident rates globally, with fatalities reaching 1.3 million in 2017. This has created a demand for more safety systems for drivers, passengers, and pedestrians. Apart from the mandates by regulatory agencies that have forced OEMs to include safety systems such as airbags, the automakers are also voluntarily equipping safety systems and related applications through intelligent controls in the navigation system.

The increasing support for open source and standard platforms for application development in automotive infotainment is one of the key trends that will influence the growth of the global automotive maps market size during the forecast period. Manufacturers of automotive navigation systems are shifting toward the personal computer like the architectural concept. In this, the functionality of the system is dependent on the main central processing unit. As a result, the software or OS used in the systems acts as the product differentiator among brands. A budding area of competition between automobile manufacturers and automotive infotainment/navigation system manufacturers is the software or OS used in the vehicle infotainment systems. As per our market research experts, the above-mentioned factors may prove critical in augmenting growth within the market, which is anticipated to grow at a CAGR of nearly 10% during the forecast period.

Top automotive maps companies covered in this market research report

The automotive maps market is highly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this report will aid clients to design new growth strategies to make the most of the growing automotive maps market size and improve their market share.

The report offers a complete analysis of various companies including:

• Alphabet
• HERE
• NavInfo
• TomTom international

Automotive maps market segmentation based on geographic regions

• Americas
• APAC
• EMEA

The Americas accounted for the largest market share in 2017. With a complete analysis of the upcoming growth opportunities for companies, it has been estimated that APAC will account for the largest automotive maps market share by the end of the forecast period.

Automotive maps market segmentation based on product

• HD maps
• Ordinary maps

The ordinary maps product segment will account for the highest growth in the market. The report also provides an accurate prediction of the contribution of the various products segments to the growth of the automotive maps market size.

Key highlights of the global automotive maps market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the automotive maps market during the next five years
• Precise estimation of the global automotive maps market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the automotive maps industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of automotive maps companies

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