The global HD maps for autonomous vehicles market is expected to reach a market size of USD 16.51 Billion at a steady CAGR of 34.3% in 2028, according to latest analysis by Emergen Research. The report offers in-depth research and assessment of the key elements of the global HD Maps for Autonomous Vehicles market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the HD Maps for Autonomous Vehicles market. This steady revenue growth can be attributed to increasing requirement for new generation of highly accurate and realistic digital map solutions and software. The ability of HD maps to determine the exact position of a vehicle in real-time with the help of analyzed data from multiple sources such as vehicle sensors, LiDAR, onboard cameras, satellite imagery, and GPS is driving demand for and deployment of HD maps among autonomous vehicle manufacturers.
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The researchers have considered all the factors influencing the growth of the HD Maps for Autonomous Vehicles market on the global and regional scale. The report discusses in detail the overall impact of the COVID-19 pandemic on the HD Maps for Autonomous Vehicles market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market. The report considers the COVID-19 pandemic as one of the key influencing factors of the HD Maps for Autonomous Vehicles market. The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market.
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Emergen Research has segmented the global HD maps for autonomous vehicles market on the basis of level of automation, solution, services, vehicle type :
The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the HD Maps for Autonomous Vehicles market. Key players in the market include NVIDIA, TomTom, DeepMap, Here Technologies, Navinfo, Civil Maps, Mapmyindia, Sanborn Map Company, Navmii, and Autonavi.
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