COVID-19 Impacts: Automotive HD Maps Market will Accelerate at a CAGR of almost 17% through 2020-2024 | Adoption of Cloud-based HD Maps to Boost Growth | Technavio

Technavio has been monitoring the automotive HD maps market and it is poised to grow by USD 815.93 million during 2020-2024, progressing at a CAGR of almost 17% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Automotive HD Maps Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Automotive HD Maps Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

  • At what rate is the market projected to grow during the forecast period 2020-2024?
  • Growing at a CAGR of almost 17%, the market growth will accelerate in the forecast period of 2020-2024.
  • What is the key factor driving the market?
  • The adoption of cloud-based HD maps is one of the key factors driving the market growth.
  • Who are the top players in the market?
  • Alphabet Inc., CARMERA Inc., Civil Maps, DeepMap Inc., HERE Global BV, Intel Corp., NavInfo Co. Ltd., NVIDIA Corp., The Sanborn Map Co. Inc., and TomTom International BV. are some of the major market participants.
  • Which region is expected to hold the highest market share?
  • North America
  • What is the year-over-year growth rate of the global market?
  • The year-over-year growth rate for 2020 is estimated at 15.45%.

The market is moderately fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., CARMERA Inc., Civil Maps, DeepMap Inc., HERE Global BV, Intel Corp., NavInfo Co. Ltd., NVIDIA Corp., The Sanborn Map Co. Inc., and TomTom International BV are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The adoption of cloud-based HD maps has been instrumental in driving the growth of the market.

Automotive HD Maps Market 2020-2024: Segmentation

Automotive HD Maps Market is segmented as below:

  • Application
    • Passenger Cars
    • Commercial Vehicles
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40653

Automotive HD Maps Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive HD maps market report covers the following areas:

  • Automotive HD Maps Market size
  • Automotive HD Maps Market trends
  • Automotive HD Maps Market analysis

This study identifies the adoption of satellite imaging technology as one of the prime reasons driving the automotive HD maps market growth during the next few years.

Automotive HD Maps Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the automotive HD maps market, including some of the vendors such as Alphabet Inc., CARMERA Inc., Civil Maps, DeepMap Inc., HERE Global BV, Intel Corp., NavInfo Co. Ltd., NVIDIA Corp., The Sanborn Map Co. Inc., and TomTom International BV. Backed with competitive intelligence and benchmarking, our research reports on the automotive HD maps market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Automotive HD Maps Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist automotive HD maps market growth during the next five years
  • Estimation of the automotive HD maps market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive HD maps market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive HD maps market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
  • Value chain analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Passenger cars - Market size and forecast 2019-2024
  • Commercial vehicles - Market size and forecast 2019-2024
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Adoption of satellite imaging technology to generate HD maps
  • Integration of HD map content in ADAS
  • Adoption of V2X technology to enhance performance of HD maps

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Alphabet Inc.
  • CARMERA Inc.
  • Civil Maps
  • DeepMap Inc.
  • HERE Global BV
  • Intel Corp.
  • NavInfo Co. Ltd.
  • NVIDIA Corp.
  • The Sanborn Map Co. Inc.
  • TomTom International BV

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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