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The main stock market index in China (SHANGHAI) increased 22 points or 0.66% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from China. China Shanghai Composite Stock Market Index - values, historical data, forecasts and news - updated on March of 2025.
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The main stock market index in Japan (JP225) decreased 2147 points or 5.38% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from Japan. Japan Stock Market Index (JP225) - values, historical data, forecasts and news - updated on March of 2025.
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According to Cognitive Market Research, the global Location Based Services Market size will be USD 27154.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 20.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 10861.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 8146.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 6245.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1357.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 543.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.2% from 2024 to 2031.
The Transportation & Logistics and Retail held the highest Location Based Services Market revenue share in 2024.
Market Dynamics of Location-Based Services Market
Key Drivers for Location-Based Services Market
Growing Internet & Smartphone Penetration: The demand for location-based services is driven by the growing usage of mobile devices and internet access. Growing Adoption of GPS & IoT Technologies: LBS features are improved by the extensive usage of GPS in wearables, smart devices, and mobile applications. Increasing Demand for Real-Time Navigation & Mapping: LBS is essential to the efficiency of sectors including ride-hailing services, logistics, and transportation.
Restraint Factor for Location-Based Services Market
Privacy and Data Security Issues: Stricter laws (GDPR, CCPA) are a result of users' growing concerns about data tracking. High Expenses of Advanced LBS Implementation Creating high-precision, real-time location services necessitates a large software and infrastructure investment. Lack of Standardization in LBS Technologies: Adoption in some businesses is slowed by compatibility problems caused by disparate platforms and technologies.
Trends for Location-Based Services Market
Growth of Proximity Marketing and Geofencing: Companies are using geofencing to send location-based alerts and promotions. Wearable Technology with Integrated LBS Functionalities LBS is being used more and more in fitness trackers and smartwatches for health tracking and navigation. Integration of LBS with Social Media & E-Commerce: LBS is used for location-based check-ins and suggestions on social media platforms such as Facebook, Instagram, and e-commerce websites.
Introduction of the Location-Based Services Market
Location-Based Services (LBS) market involves technologies that use geographic data to provide information and services based on a user's location. This market includes services like navigation, mapping, and location tracking, which are used in various industries such as retail, transportation, healthcare, and tourism. LBS utilizes technologies such as GPS, WiFi, and mobile networks to determine a user's precise location. Key applications include personalized marketing, where businesses target users with location-specific promotions; navigation services that provide real-time traffic updates; and social networking features that enable users to share their location. The market is driven by the widespread adoption of smartphones, advancements in mobile network infrastructure, and the growing demand for personalized user experiences. Privacy and data security are significant concerns, as LBS involves the collection and analysis of sensitive location data. As technology evolves, the LBS market is expected to expand, offering innovative solutions across various sectors.
news In May 2023, Google launched Geospatial Creator, which empowers individuals to swiftly create, visualize, and share immersive and augmented reality (AR) content using Unity and Adobe Aero. (Source: https://developers.google.com/ar/geospatialcreator/adobe-aero)
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Prices for Global Equity Index including live quotes, historical charts and news. Global Equity Index was last updated by Trading Economics this March 26 of 2025.
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The Global Digital Map Market is segmented by Solution (Software, Services), Deployment (On-Premise, Cloud), Industry (Automotive, Engineering & Construction, Logistics & Transportation, Energy & Utilities, Telecommunication), and Geography (North America, Europe, Asia-Pacific, Rest of the world). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
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The global digital map market size reached USD 6.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 15.7 Billion by 2033, exhibiting a growth rate (CAGR) of 12.73% during 2025-2033. The growing demand for location-based services across various industries, the proliferation of mobile devices and high-speed internet, and ongoing technological advancements in the industry represent some of the key factors driving the market growth.
Report Attribute | Key Statistics |
---|---|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024
| USD 6.0 Billion |
Market Forecast in 2033
| USD 15.7 Billion |
Market Growth Rate (2025-2033) |
12.73%
|
IMARC Group provides an analysis of the key trends in each sub-segment of the global digital map market report, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on type, usage, solution, deployment mode, application, and end-use industry.
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The size and share of the market is categorized based on Type (Indoor, Outdoor) and Application (Mapping & Navigation, Location-Based Social Media Monitoring, IoT Asset Management, IoT Location Intelligence) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
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Global Digital Map Ecosystem market size 2025 was XX Million. Digital Map Ecosystem Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.
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Context And Location Based Services Market size was valued at USD 275.81 Billion in 2023 and is projected to reach USD 2,076.02 Billion by 2031, growing at a CAGR of 8.6% from 2024 to 2031.
Global Context And Location Based Services Market Drivers
The market drivers for the Context And Location Based Services Market can be influenced by various factors. These may include:
The market for Context and Location-Based Services (CLBS) is influenced by several key drivers, which can be categorized into technological advancements, increasing adoption rates, regulatory factors, and evolving consumer behaviors. Below are some of the significant market drivers:
Technological Advancements
Improved GPS Technology: Advances in GPS and other geolocation technologies have made it easier and more accurate to determine a user’s location.
Enhanced Mobile Connectivity: The proliferation of 4G and the rollout of 5G networks have significantly improved mobile internet speeds and reliability, which are crucial for the effective delivery of location-based services.
IoT and Wearable Devices: The growth of the Internet of Things (IoT) and the increasing use of wearable devices have expanded the number of endpoints through which location-based data can be collected and utilized.
Increasing Adoption Rates
Smartphones and Mobile Apps: The widespread use of smartphones and mobile applications has fueled the demand for location-based services. Almost every modern smartphone is equipped with GPS, enabling a multitude of CLBS applications.
E-commerce and Retail: E-commerce platforms and brick-and-mortar retailers use CLBS to enhance customer experiences through personalized marketing and efficient delivery services.
Real-time Tracking: Industries such as logistics, transportation, and even healthcare are leveraging real-time tracking for better asset management and improved services.
Regulatory and Security Factors
Emergency Services: Government mandates for emergency services to quickly locate individuals in distress have spurred the need for advanced location-based technologies.
Data Privacy Regulations: While data privacy regulations like GDPR in Europe have initially posed challenges, they have also driven the market towards more secure and reliable services, improving consumer trust.
Evolving Consumer Behaviors
Personalization: Consumers increasingly demand personalized services, which require a deep understanding of their preferences and behaviors, often facilitated by location-based insights.
Social Media and Gaming: Location-based features in social media platforms and augmented reality (AR) games (like Pokémon GO) have garnered significant consumer interest.
Travel and Navigation: The rising use of location-based services for navigation, tourism, and local search functions continues to grow as consumers seek convenience and efficiency.
Business Applications
Marketing and Advertising: Businesses can deliver more targeted and relevant advertisements based on users’ locations, increasing ROI for marketing campaigns.
Analytics and Business Intelligence: Companies use location data for analytics to gain insights into consumer behavior and optimize operations accordingly.
Enhanced Customer Service: CLBS enable businesses to provide timely and location-specific customer support, improving overall customer satisfaction.
Integration with Emerging Technologies
AI and Machine Learning: The integration of artificial intelligence and machine learning with CLBS allows for more sophisticated analytics, predictive insights, and automated decision-making.
Blockchain: Although still in the nascent stage, blockchain can provide secure and immutable records of location data, adding an extra layer of trustworthiness. All these drivers collectively contribute to the dynamic growth and expansion of the Context and Location-Based Services market.
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The Location Analytics Market Report is Segmented by Location (Indoor, Outdoor), by Deployment Mode (On-Premise, Cloud), by End User Industry (Retail and E-Commerce, BFSI, Manufacturing, Healthcare, Government, Other End User), by Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
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The size and share of the market is categorized based on Type (Indoor Geo-Marketing, Outdoor Geo-Marketing) and Application (Banking, Financial Services and Insurance(BFSI), It and Telecommunications, Tourism, Retail and E-Commerce, Healthcare and Life Sciences) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
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Customer Experience Cx Journey Mapping Tools Market size was valued at USD 10.8 Billion in 2023 and is projected to reach USD 22.08 Billion by 2031, growing at a CAGR of 15.8% during the forecast period 2024-2031.
Global Customer Experience Cx Journey Mapping Tools Market Drivers
The market drivers for the Customer Experience Cx Journey Mapping Tools Market can be influenced by various factors. These may include:
Increasing Attention on Customer-Centric Approaches: The need for tools that can help comprehend, visualise, and enhance customer experiences is growing as more and more businesses realise how important it is to provide great customer experiences. Tools for CX journey mapping make this process easier by revealing information about the preferences, pain areas, and behaviour of customers.
Increasing Competition: Businesses are always looking for methods to set themselves apart in a competitive market. By helping businesses to pinpoint areas where their customer journeys need to be improved and provide more individualised experiences, CX journey mapping tools give them a competitive edge and eventually increase customer loyalty and retention.
Initiatives for Digital Transformation: There is an increasing demand for digital solutions that can assist customer experience management due to the quick digitalization of company processes in a variety of industries. To give a comprehensive picture of the customer journey, CX journey mapping solutions frequently interface with other digital platforms and technologies, such as CRM systems and analytics tools.
Growing Adoption of Data Analytics: Business strategies are increasingly relying on data-driven decision-making. With the use of data analytics, CX journey mapping solutions examine customer interactions across a variety of touchpoints and assist businesses in seeing patterns, trends, and optimisation opportunities.
Delivering seamless: omnichannel experiences is becoming more and more important as consumers interact with brands through a variety of channels and devices. By providing consistency and coherence across channels, CX journey mapping solutions help organisations map out and optimise customer experiences across many touchpoints.
The importance of employee: experience cannot be overstated in providing outstanding client experiences. In order to map out employee journeys and uncover pain points and inefficiencies in internal procedures that could affect the overall customer experience, CX journey mapping tools can also be utilised for this purpose.
Regulatory Compliance and Risk Management: In response to the growing emphasis on data security and privacy laws, businesses are investing in CX journey mapping solutions to guarantee compliance and reduce the risks involved in managing customer data across the trip
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The global 3D mapping and modeling market is expected to grow significantly in the next few years as demand increases for detailed and accurate representations of physical environments in three-dimensional space. Estimated to be valued at USD 38.62 billion in the year 2025, the market was expected to grow at a CAGR of 14.5% from 2025 to 2033 and was estimated to reach an amount of USD 90.26 billion by the end of 2033. The high growth rate is because of improvement in advanced technologies with the development of high-resolution sensors and methods of photogrammetry that make possible higher-resolution realistic and immersive 3D models.Key trends in the market are the adoption of virtual and augmented reality (VR/AR) applications, 3D mapping with smart city infrastructure, and increased architecture, engineering, and construction utilization of 3D models. Other factors are driving the growing adoption of cloud-based 3D mapping and modeling solutions. The solutions promise scalability, cost-effectiveness, and easy access to 3D data, thus appealing to business and organizations of all sizes. Recent developments include: Jun 2023: Nomoko (Switzerland), a leading provider of real-world 3D data technology, announced that it has joined the Overture Maps Foundation, a non-profit organization committed to fostering collaboration and innovation in the geospatial domain. Nomoko will collaborate with Meta, Amazon Web Services (AWS), TomTom, and Microsoft, to create interoperable, accessible 3D datasets, leveraging its real-world 3D modeling capabilities., May 2023: The Sanborn Map Company (Sanborn), an authority in 3D models, announced the development of a powerful new tool, the Digital Twin Base Map. This innovative technology sets a new standard for urban analysis, implementation of Digital Cities, navigation, and planning with a fundamental transformation from a 2D map to a 3D environment. The Digital Twin Base Map is a high-resolution 3D map providing unprecedented detail and accuracy., Feb 2023: Bluesky Geospatial launched the MetroVista, a 3D aerial mapping program in the USA. The service employs a hybrid imaging-Lidar airborne sensor to capture highly detailed 3D data, including 360-degree views of buildings and street-level features, in urban areas to create digital twins, visualizations, and simulations., Feb 2023: Esri, a leading global provider of geographic information system (GIS), location intelligence, and mapping solutions, released new ArcGIS Reality Software to capture the world in 3D. ArcGIS Reality enables site, city, and country-wide 3D mapping for digital twins. These 3D models and high-resolution maps allow organizations to analyze and interact with a digital world, accurately showing their locations and situations., Jan 2023: Strava, a subscription-based fitness platform, announced the acquisition of FATMAP, a 3D mapping platform, to integrate into its app. The acquisition adds FATMAP's mountain-focused maps to Strava's platform, combining with the data already within Strava's products, including city and suburban areas for runners and other fitness enthusiasts., Jan 2023: The 3D mapping platform FATMAP is acquired by Strava. FATMAP applies the concept of 3D visualization specifically for people who like mountain sports like skiing and hiking., Jan 2022: GeoScience Limited (the UK) announced receiving funding from Deep Digital Cornwall (DDC) to develop a new digital heat flow map. The DDC project has received grant funding from the European Regional Development Fund. This study aims to model the heat flow in the region's shallower geothermal resources to promote its utilization in low-carbon heating. GeoScience Ltd wants to create a more robust 3D model of the Cornwall subsurface temperature through additional boreholes and more sophisticated modeling techniques., Aug 2022: In order to create and explore the system's possibilities, CGTrader worked with the online retailer of dietary supplements Hello100. The system has the ability to scale up the generation of more models, and it has enhanced and improved Hello100's appearance on Amazon Marketplace.. Key drivers for this market are: The demand for 3D maps and models is growing rapidly across various industries, including architecture, engineering, and construction (AEC), manufacturing, transportation, and healthcare. Advances in hardware, software, and data acquisition techniques are making it possible to create more accurate, detailed, and realistic 3D maps and models. Digital twins, which are virtual representations of real-world assets or systems, are driving the demand for 3D mapping and modeling technologies for the creation of accurate and up-to-date digital representations.
. Potential restraints include: The acquisition and processing of 3D data can be expensive, especially for large-scale projects. There is a lack of standardization in the 3D mapping modeling industry, which can make it difficult to share and exchange data between different software and systems. There is a shortage of skilled professionals who are able to create and use 3D maps and models effectively.. Notable trends are: 3D mapping and modeling technologies are becoming essential for a wide range of applications, including urban planning, architecture, construction, environmental management, and gaming. Advancements in hardware, software, and data acquisition techniques are enabling the creation of more accurate, detailed, and realistic 3D maps and models. Digital twins, which are virtual representations of real-world assets or systems, are driving the demand for 3D mapping and modeling technologies for the creation of accurate and up-to-date digital representations..
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The global HD Maps market size was valued at USD 2.20894 billion in 2025 and is projected to expand at a CAGR of 25.33% from 2025 to 2033, reaching a market size of USD 11.30504 billion by 2033. HD maps are detailed digital representations of the road network, including information such as lane markings, traffic signs, and road geometry. They are used by autonomous vehicles to navigate and make decisions. The growth of the HD Maps market is being driven by several factors, including the increasing adoption of autonomous vehicles, the rising demand for mapping data from other industries, and the growing popularity of ride-hailing services. Additionally, the development of new technologies, such as LiDAR and computer vision, is also contributing to the growth of the market. The market is segmented by component (hardware, software, and services), deployment (on-cloud and on-premise), end-user (automotive, defense & aerospace, internet service providers, and others), and region. The automotive segment is the largest end-user of HD maps, and this is expected to continue in the future. The Asia-Pacific region is the largest regional market for HD maps, followed by North America and Europe. Recent developments include: May 2019, AutoNavi, an Alibaba-backed online mapping cable operator, started charging its car partners for the use of its elevated or HD map, which really is essential for self-driving options. When it comes to licensing HD maps, the business charges RMB 100 (USD 15) per vehicle each year, which captures the surrounding area with centimeter-level precision as opposed to conventional online map apps, which record the nearby region with meter-level precision.. Key drivers for this market are: Increasing Investment by Start-UPS in Development of HD Maps, Growing Trend of Autonomous Cars. Potential restraints include: Limited Standardization in HD Maps.
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The size and share of the market is categorized based on Type (Platform, Services, Hardware) and Application (Manufacturing, Tourism and Hospitality, Healthcare and Life Sciences, Media and Entertanment, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
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Digital Maps Market Size And Forecast
Digital Maps Market size was valued at USD 25.95 Billion in 2024 and is projected to reach USD 100.9 Billion by 2031, growing at a CAGR of 18.50% from 2024 to 2031.
Global Digital Maps Market Drivers
Increasing smartphone penetration: The growing number of smartphone users and the widespread availability of internet connectivity have made digital maps easily accessible.
Advancements in mapping technology: The development of more accurate and detailed digital maps, incorporating real-time traffic updates and navigation features, has increased their appeal to users.
Growth of the ride-sharing and delivery services industry: These industries rely heavily on accurate and up-to-date digital maps for navigation and route optimization.
Global Digital Maps Market Restraints
Data privacy concerns: The collection and use of location data raise privacy concerns, which can hinder the adoption of digital maps.
Map inaccuracies: Despite advancements in mapping technology, inaccuracies and errors can still occur, leading to user dissatisfaction.
Competition from free mapping services: The availability of free mapping services from tech giants like Google and Apple can limit the market for premium digital mapping solutions.
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The digital map market is estimated to capture a valuation of US$ 18.3 billion in 2023 and is projected to reach US$ 73.1 billion by 2033. The market is estimated to secure a CAGR of 14.8% from 2023 to 2033.
Attributes | Details |
---|---|
Market CAGR (2023 to 2033) | 14.8% |
Market Valuation (2023) | US$ 18.3 billion |
Market Valuation (2033) | US$ 73.1 billion |
How are the Various Regions Affecting the Growth of Digital Map in the Market?
Countries | Current Market Share 2023 |
---|---|
United States | 16.5% |
Germany | 9.1% |
Japan | 7.1% |
Australia | 3.5% |
Countries | Current Market CAGR 2023 |
---|---|
China | 16.7% |
India | 18.7% |
United Kingdom | 15.4% |
Scope of Report
Attributes | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ billion for Value |
Key Countries Covered | United States, United Kingdom, Japan, India, China, Australia, Germany |
Key Segments Covered |
|
Key Companies Profiled |
|
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
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Global Location Baseding Services market size 2025 was XX Million. Location Baseding Services Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.
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The size and share of the market is categorized based on Application (Autonomous Navigation, Advanced Driver-Assistance Systems (ADAS), Vehicle Localization, Path Planning) and Product (High-Definition (HD) Mapping Solutions, LiDAR Mapping Technologies, Real-Time Map Updates) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
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The main stock market index in Russia (MOEX) increased 264 points or 9.16% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from Russia. Russia Stock Market Index MOEX CFD - values, historical data, forecasts and news - updated on March of 2025.
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The main stock market index in China (SHANGHAI) increased 22 points or 0.66% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from China. China Shanghai Composite Stock Market Index - values, historical data, forecasts and news - updated on March of 2025.