With the growing demand for travelling, the maps have become an integral component of every travelling story. The maps help in guiding the travelers through the journey to reach their destinations. In line with this, digital map softwares was introduced to offer real-time statistics. These digital map softwares are now being used by major delivery companies for on-time tracking. This has drastically improved the world of parcel tracking.
Ongoing developments in the technology sector have paved the way for digital map softwares. Their services are considered to drive different industries in the 21st century. Moreover, geospatial data has encountered development because of its wide scope of uses in different areas and organizations, for example, crisis management, metropolitan planning and arranging, framework and asset management (oil, gas, mining, and so on). All of this, when put together, has energized the development of the digital map softwares.
Trending digital map softwares are helping new businesses in scaling their operations at global level. Not only this, the real-time tracking is boosting the market share of the taxi services as well. With the rising demand, the experts at Verified Market Research investigated that the Global Digital Maps Market was valued at USD 9.44 billion in 2018.
Along with this, the mainstream adoption will be pushing its market value to USD 29.03 billion by 2026. Thus, it can be stated that the market of digital map softwares is progressing at a CAGR of 15.38% from 2019 to 2026.
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Top 7 digital map softwares – Understanding the market trajectory
TomTom
TomTom is the leading organization in digital map softwares. Its digital maps for robotized and self-sufficient driving, route programming and continuous traffic and travel data give a superior path forward. That is the reason a huge number of individuals, driving vehicle makers, urban areas, governments, innovation organizations and designers depend on TomTom’s most advanced software that steers the entire digital map softwares’ market.
Here Technologies
Here Technologies is the chief location tracking and innovation stage among the digital map softwares. It guides individuals, organizations and urban communities forward by saddling the intensity of the area. By utilizing Here’s open stage, its clients can accomplish better results – from assisting a city with dealing with its foundation or a business aiming to improve its resources for directing drivers to their objective securely.
Apple
This name is synonymous to innovation. Apple has always come up with the most unique and fresh ideas to solve the issues at hand. Loaded with the latest technology, the brand aims to fulfill the need of tracking through its advanced tracking solutions. It can be considered as the biggest players of the digital map softwares’ market continuously being filled by the newbies.
NavInfo
NavInfo is a China-based innovation organization driving the best approach to turning into the “computerized mind of savvy driving” with center organizations in HD map, high precision situating, cloud administration stage and car grade semiconductors for ADAS and self-ruling driving. NavInfo is the market chief of digital map softwares helping in route programming improvement (by utilizing dynamic traffic data, area information and modified associated vehicle administrations) to both traveler and business vehicles. Presently, NavInfo is introducing the new form of tracking technology with an exhaustive innovation improvement technique.
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INRIX
INRIX spearheaded the act of overseeing traffic by breaking down information from street sensors, yet additionally from vehicles. This advancement approach empowered INRIX to get one of the main suppliers of information and knowledge into how individuals move the world over. With this innovative approach, the organization has been applauded by many organizations for its services. The unique approach in tracking for traffic management has helped the brand in making a good name among the leading digital map softwares.
Baidu
Baidu is one of the oldest names in this list of digital map softwares. Since inception, the organization has been pushing itself to offer remarkable products to its customers present across the globe. With the digital map software technology, the company aims to bridge the gap between the existing problems and the customer’s expectations.
Mapbox
Mapbox is the main planning stage (between the most reliable digital map softwares) constructed only for creators and engineers. It gives applications the intensity of area with APIs for maps, geocoding, turn-by-turn route, course advancement and intelligent information perception.
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