HD Map Market Research Report 2019 Rising Growth, Recent Trends & Forecast to 2024 | TomTom, Google, Alibaba (AutoNavi) - ScoopJunction
Posted: 14 Aug 2019 07:27 AM PDT
MarketInsightsReports has published a report entitled Global HD Map Market Research Report 2019 that is a detailed observation of several aspects, including the rate of growth, technological advances and various strategies implemented by the main current market players. The report is based on a collective analysis of data, which is obtained through primary and secondary research. It provides a systematic approach to the current and prospective scenario of this market.
According to this study, over the next five years the HD Map market will register a 78.3% CAGR in terms of revenue, the global market size will reach US$ 6420 million by 2024, from US$ 200 million in 2019.
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HD Map (High Definition Map) is one of the essential members of the safe driving core chain. High Definition means that the absolute coordinates are more accurate. Absolute coordinate accuracy refers to the accuracy of a target on a map and a real thing in the real world. The absolute accuracy of a HD Map is generally fine at the sub-meter level, and the relative accuracy of the landscape (eg, the relative position accuracy of the lane and lane, lane and lane) is often higher. On the other hand, HD Map contain more informative and detailed information on road traffic information. HD Map not only have high-precision coordinates, but also accurate road shape, and each lane slope, curvature, heading, elevation, roll data are also included.
USA has the largest global manufacturers in HD Map market, while the Europe is the second value market for HD Map in 2017.
Key Players Profiled In The HD Map Market Report Are: Here, TomTom, Google, Alibaba (AutoNavi), Navinfo, Mapmyindia, Sandborn and Others.
HD Map Market Breakdown Data By Type:
HD Map Market Breakdown Data By Application:
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Market segmented by Regions: Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Global HD Map Market these regions, from 2019 to 2024 (forecast), covering:
North America (United States, Canada, Mexico)
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
Central & South America (Brazil, Rest of South America)
Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Other)
The HD Map Market research provides answers to the following key questions:
-What will be the General Market size and the growth rate in 2024?
-What are the key factors driving the market?
-Who are the key market players and what are their strategies in the market?
-What are the key market trends impacting the growth of the market?
-What trends, challenges and barriers are influencing its growth?
-What are the market opportunities and threats faced by the vendors in the market?
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