Pricing & Plans

Global HD Maps Market will Reach 11 Billion by 2026

  By QY Research          27 Mar 2020   Internet & Communication        


Global HD Maps Market will Reach 11 Billion by 2026

HD Maps Manufacturer: Here, TomTom, Google, Alibaba (AutoNavi), Navinfo , Mobileye , Sanborn,  Baidu. Here is top in term of revenue, Google and TomTom are Ranked second in 2019. Market Share of here is around 50% of total Market.

HD Map Market by Type: Crowdsourcing Model and Centralized Mode, Crowdsourcing Model is most important HD Maps. Its sales around 80% in 2019, globally. 

HD MapMarket by Application: ADAS, Autonomous Vehicles, Others (Positioning). Autonomous Vehicles application is most widely used in HD Maps. Its market share is more than 70% among all the application.

HD Map Market by Regions: North America, Europe, Japan, China, Southeast Asia, India.

North America is hold maximum market share around more than 40% , followed by Europe, japan and China.

Mergers & Acquisitions, Expansion and New development in industry 2019-20

Mitsubishi and NTT are bought 30% stake in Here technology last December 2019.

Japan is also set foot in digital mapping industry from 2019, Japanese company, Toyota Research Institute-Advanced Development (TRI-AD) has created successful HD maps for automated Vehicles on surface roads.

Toyota Research Institute-Advanced Development, Inc. ("TRI-AD"), Toyota's automated driving software development company, has successfully completed proof of concepts ("PoC") demonstrating high definition ("HD") map building for surface roads with relative accuracy of less than 50 centimetres, a good level that is required for automated driving.

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