Automotive

Growth Opportunities in Passenger Vehicle High-definition Maps, 2024 2030

Competitive Intensity Will Push Original Equipment Manufacturers to Roll Out Advanced Level 2+ Autonomous Vehicles, Increasing the Demand for High-definition Maps in North America and Europe

INDUSTRY
Automotive

RELEASE DATE
08-May-2024
REGION
Global
DELIVERABLE TYPE
Market Research

RESEARCH CODE
PFCD-01-00-00-00
SKU
AU_2024_711
Yes
SHARE

Growth Opportunities in Passenger Vehicle High-definition Maps, 2024 2030
Published on: 08-May-2024 | SKU: AU_2024_711

Need more details?

$4,950.00

$3,712.50 save 25 %

DownloadLink
Need more details?

The increase in demand for safety and convenience features has boosted the development and adoption of advanced driver assistance systems (ADAS) and autonomous driving (AD) features in passenger vehicles. Original equipment manufacturers (OEMs) seek to implement level 2 and above features in their mass-market vehicles to gain a competitive advantage.

In that context, high-definition (HD) maps provide detailed and more accurate information about the road and the vehicle's surroundings, enabling enhanced safety and convenience for drivers. By leveraging cutting-edge technology, HD maps become real-time or live maps that have high update frequency and capture dynamic data through a multi-source approach. Collaborations between value chain partners, such as OEMs, HD map providers, and regulatory bodies, will ensure standardized integration and deployment, thus, promoting industry expansion and growth opportunities.

This study provides an overview of the HD mapping solutions that select map providers offer and that OEMs have adopted in North America and Europe.

The Impact of the Top 3 Strategic Imperatives on the Passenger Vehicle High-definition Maps Industry

Transformative Megatrends

  • WHY: Higher connected, autonomous, shared, and electric (CASE) vehicle adoption rates necessitate accurate high-definition (HD) maps to support advanced autonomous functionalities. This includes real-time data updates for dynamic vehicle environments, such as traffic conditions, road geometry, and construction zones.
  • FROST PERSPECTIVE: 

    Original equipment manufacturers (OEMs) and HD map providers develop dynamic mapping systems that can update data in real-time to ensure accuracy and reliability during vehicle operation. Investments and partnerships with technology companies to incorporate AI-driven algorithms for accurately capturing intricate road network details will support HD map development.

Innovative Business Models

  • WHY: Leveraging HD map data for use cases other than navigation, such as insurance, urban planning, and infrastructure development, provides additional data monetization opportunities for HD map solution providers.

  • FROST PERSPECTIVE: There is a notable shift toward collaborative development, with many HD map companies sharing their data sources to streamline HD map creation. This reduces the cost of development and time to market.Exploring additional revenue opportunities by sharing HD maps data with stakeholders, such as smart city developers, urban planners, and insurance companies, will help monetize data.

Disruptive Technologies

  • WHY: Combining data from multiple sources, employing advanced AI-based algorithms for effective localization, and enabling real-time dynamic maps for advanced mapping functionalities have increased the efficiency and accuracy of HD maps for autonomous driving (AD).
  • FROST PERSPECTIVE: OEMs and HD map providers should leverage their partnerships with cloud service providers for real-time mapping capabilities, efficient storage, and HD mapping data processing.

 

Scope of Analysis

Key Questions

  • How has the passenger vehicle HD maps industry evolved over the years?
  • How are HD maps developed and what are their deployment strategies?
  • What is the market potential of HD mapping solutions in NA and Europe?
  • Who are the HD maps industry’s major players, and what are their business strategies and value propositions?
  • What are the growth opportunities for HD map providers in 2024 and what strategies must they adopt?

 

Segmentation

Passenger Vehicle HD Maps Regions

North America

Vehicles with L2+, L3, and L4 autonomies, which require HD maps for accurate, positioning, localization, and AD applications

Europe

Vehicles with L2+, L3, and L4 autonomies, which require HD maps for accurate, positioning, localization, and AD applications

L = Level, thus L2, L3, L4

 

Competitive Environment

Number of Competitors 10 with revenue greater than $1 million
Competitive Factors Technology, performance, reliability, partnerships, scalability
Key End-user Industry Verticals Automotive
Leading Competitors Mobileye, HERE, TomTom, Dynamic Map Platform
Other Notable Competitors Google, Nvidia
Distribution Structure HD map providers, tier suppliers, OEMs, direct sales
Notable Acquisitions and Mergers Nvidia acquired DeepMap in 2021, Toyota Acquired Carmera in 2021

 

Key Competitors

  • Mobileye
  • HERE
  • TomTom
  • Dynamic Map Platform
  • Civil Maps
  • Mobileye
  • HERE
  • TomTom
  • Civil Maps

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Passenger Vehicle High-definition Maps Industry

Scope of Analysis

Segmentation

Competitive Environment

Key Competitors

Types of Maps

Map Feature Comparison

HD Map Data Sources

HD Map Development Architecture

HD Map Layers for ADAS and AD

HD Map Layer Data and Use Cases

Challenges and Solutions in HD Map Development and Deployment

Data and Map Layers’ Sample Use Cases

Features and Benefits of HD Maps Capturing Road Data

HD Maps’ Deployment Strategies

ADAS and HD Maps by Autonomy Level

Competitive Benchmarking

Mobileye

TomTom

HERE

OEM announcements

Pricing Strategies and Business Models

Potential Use Cases for HD Map Data beyond ADAS/AD

HD Map Buying and Building: OEM Strategies

Crowdsourcing Data

Lightweight Maps for Urban Driving

Growth Metrics

Growth Drivers

Growth Restraints

Forecast Considerations

Unit Shipment Forecast: Total

Unit Shipment Forecast by Region

Pricing Trends and Forecast Analysis

Growth Metrics

Unit Shipment Forecast by Region

Forecast Analysis

Growth Metrics

Unit Shipment Forecast by Region

Forecast Analysis

Growth Opportunity 1: Increased L2+ and L3 Vehicle Adoption

Growth Opportunity 1: Increased L2+ and L3 Vehicle Adoption (continued)

Growth Opportunity 2: Data Monetization

Growth Opportunity 2: Data Monetization (continued)

Growth Opportunity 3: Geographic Expansion

Growth Opportunity 3: Geographic Expansion (continued)

The Last Word

Best Practices Recognition

Frost Radar

Benefits and Impacts of Growth Opportunities

Next Steps

Take the Next Step

List of Exhibits

Legal Disclaimer

List of Figures
  • Passenger Vehicle HD Maps: Growth Metrics, NA and Europe, 2023
  • Passenger Vehicle HD Maps: Growth Drivers, NA and Europe, 2024–2030
  • Passenger Vehicle HD Maps: Growth Restraints, NA and Europe, 2024–2030
  • Passenger Vehicle HD Maps: Unit Shipment Forecast Total, NA and Europe, 2023–2030
  • Passenger Vehicle HD Maps: Unit Shipment Forecast by Region, NA and Europe, 2023–2030
  • Passenger Vehicle HD Maps: Growth Metrics, NA, 2023
  • Passenger Vehicle HD Maps: Unit Shipment Forecast by Region, NA, 2023–2030
  • Passenger Vehicle HD Maps: Growth Metrics, Europe, 2023
  • Passenger Vehicle HD Maps: Unit Shipment Forecast by Region, Europe, 2023–2030

Have questions about this research or need deeper insights?
Speak directly with our analytics experts for tailored recommendations.

Recent related Automotive research

23 Oct 2026   |   Global   |   Technology Research

Growth Opportunities in Vision Sensing, Automated Logistics, Drones, Batteries and RISC-V Cores

The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to Vision Sensing, Automated Logistics, Drones, Batteries and RISC-V Cores.The purpose of the Mobility Technology TOE is to raise awareness of global technology innovations in self-propelled ground-based mobile platforms ...

16 Oct 2026   |   Global   |   Market Research

Via Transportation: Strategic Profile, Global, 2026

Via Transportation, Inc. (Via) is a leading business-to-business (B2B) transit software and tech-enabled operations company. The company’s platform serves five segments of the global demand-response transit (DRT) market: microtransit, paratransit, school transport, corporate/campus transport, and no...

15 Oct 2026   |   Asia Pacific   |   Market Outlook

Automotive Market Opportunities, South Korea, 2026

This Frost & Sullivan report analyzes South Korea’s automotive market, focusing on passenger vehicles and light commercial vehicles.South Korea has built a fully integrated supply chain, covering everything from manufacturing to sales and aftermarket services. The entire business cycle is continuous...

15 Oct 2026   |   Asia Pacific   |   Market Research

Replacement Turbocharger Aftermarket in Passenger and Light Commercial Vehicles, China, 2026–2032

This study provides a comprehensive assessment of the automotive turbocharger replacement aftermarket in China, with a 2025 base year and forecasts extending through 2032. The analysis covers the replacement market across passenger vehicles and light commercial vehicles, evaluating market size, unit...

13 Oct 2026   |   North America   |   Frost Radar

Frost Radar™: Commercial Vehicle Telematics in North America, 2026

The North American commercial vehicle telematics market is moving from basic vehicle tracking and compliance to broader digital fleet management, creating a more competitive but also more diverse growth environment. Traditional telematics functions, such as GPS tracking, remain important, particular...

 

Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.