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HD Map For Autonomous Vehicles Market size is set to grow by USD 13.39 billion from 2024-2028, Rise in adoption of autonomous vehicles boost the market, Technavio

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NEW YORK, July 25, 2024 /PRNewswire/ — The global HDmap for autonomous vehicles market size is estimated to grow by USD 13.39 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 46.02% during the forecast period. Rise in adoption of autonomous vehicles is driving market growth, with a trend towards growth in connected infrastructure. However, high cost associated with technology poses a challenge. Key market players include Baidu Inc., CE Info Systems Ltd., Civil Maps, Dynamic Map Platform Co. Ltd., Esri Global Inc., GeoJunxion NV, HERE Global BV, Intel Corp., Mapbox Inc., Momenta Group, NavInfo Co. Ltd., Navmii Publishing Ltd., NVIDIA Corp., RMSI Pvt. Ltd., The Sanborn Map Co. Inc., TomTom NV, Toyota Motor Corp., Voxelmaps, Wipro Ltd., and ZENRIN Co., Ltd..

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HD Map For Autonomous Vehicles Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 46.02%

Market growth 2024-2028

USD 13390.5 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

32.78

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 38%

Key countries

US, China, Germany, UK, and Japan

Key companies profiled

Baidu Inc., CE Info Systems Ltd., Civil Maps, Dynamic Map Platform Co. Ltd., Esri Global Inc., GeoJunxion NV, HERE Global BV, Intel Corp., Mapbox Inc., Momenta Group, NavInfo Co. Ltd., Navmii Publishing Ltd., NVIDIA Corp., RMSI Pvt. Ltd., The Sanborn Map Co. Inc., TomTom NV, Toyota Motor Corp., Voxelmaps, Wipro Ltd., and ZENRIN Co., Ltd.

Market Driver

The global transportation industry is undergoing significant automation, driven by the widespread adoption of the Internet of Things (IoT). Companies like Cisco Systems Inc. And International Business Machines Corp. Are developing digital systems to automate traffic signals, optimize trash pickup, and enhance surveillance. This connected infrastructure includes car parks, toll booths, and intelligent streetlights. HD maps provide additional data for autonomous vehicles, enabling them to navigate when lane lines are unclear or road signs are influenced by external factors. Autonomous cars can communicate with smart streetlights to facilitate smooth traffic flow. The expansion of connected infrastructure is anticipated to fuel demand for HD maps in autonomous vehicles, presenting a lucrative opportunity for the automotive industry during the forecast period. 

The HD Map market for autonomous vehicles is thriving, with trends like Plus and Vision-Map Fusion (VMF) gaining popularity. Companies like Navinfo lead the way with advanced mapping solutions for both semi-autonomous and fully autonomous vehicles. Advertising services and in-house HD mapping are also on the rise. Autonomous car technology is transforming passenger and commercial vehicles, with corporations and automobile OEMs investing heavily. Cloud-based and embedded HD maps are essential for Level 4 and 5 automation. Regulatory environment, LiDAR, SLAM, and sensor technologies from Cruise, Waymo, Uber, Baidu, DiDi, ADASIS, NDS, SENSORIS, TISA, TomTom, HERE Maps, Nvidia, and NDS Association are shaping the future of urban planning in smart cities. Data storage and cloud solutions are crucial for managing and processing vast amounts of HD map data.

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Market Challenges

Creating high-definition (HD) maps for autonomous vehicles is a complex process involving data acquisition, aggregation, and integration of advanced technologies like AI and machine learning. The cost of manual verification and updating maps adds to the manufacturing expenses, contributing significantly to the overall cost of producing autonomous vehicles. The high cost of components such as cameras, sensors, GPS devices, high-speed communication networks, and Lidar is reflected in the price of HD maps, which can range from USD1,44 to USD1,000 per kilometer depending on the level of accuracy. Despite these challenges, HD maps are essential for autonomous vehicles to navigate roads safely and accurately. New entrants may use fictitious satellite maps and sensor datasets, but these are insufficient for creating highly accurate HD maps. The high cost of components and maps is expected to be a barrier to the growth of the global HD map market for autonomous vehicles.The Hd Map market for autonomous vehicles is experiencing significant growth as major players like Waymo, Uber, Baidu, DiDi, and Cruise invest heavily in the technology. However, challenges persist in creating accurate and reliable HD maps for autonomous vehicles. LiDAR sensors and SLAM technology are crucial for mapping and localization, but their high cost and limited field of view present hurdles. Companies like NDS, SENSORIS, TISA, TomTom, and HERE Maps are addressing these challenges through collaboration and innovation. Nvidia, NDS Association, Avis Budget Group, and Rent-A-Car are also entering the market, joining forces with robo-taxi services like Voyage, Ola, and ride-sharing platforms. The integration of digital cameras and 5G networks is expected to enhance mapping capabilities, while Auto X, DeepMap, MapBox, Carmera, Civil Maps, Wayz, Google, Avis, Fiat-Chrysler, Audi, Daimler, HERE Technologies, GM, VW, Mobileye, and Embark continue to develop advanced autonomous driving solutions.

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Segment Overview 

This hd map for autonomous vehicles market report extensively covers market segmentation by

Solution 1.1 Cloud-based1.2 EmbeddedVehicle Type2.1 Passenger2.2 CommercialGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Cloud-based- Cloud-based High Definition (HD) maps play a crucial role in the development of autonomous vehicles. The HD quality of these maps ensures enhanced navigation accuracy and precision. The cloud-based feature enables easier updates and accessibility, allowing autonomous vehicles to navigate unfamiliar or challenging terrains more effectively. Key industry players, including NavInfo Co. Ltd. (Navinfo), HERE Global BV (HERE), TomTom NV (TomTom), and NVIDIA Corp. (NVIDIA,) prioritize cloud-based solutions for their real-time services and development needs. Companies like Google, Audi AG, and BMW are already utilizing HD maps in their autonomous vehicle prototypes. These factors are expected to boost the growth of the cloud-based HD map market for autonomous vehicles in the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global autonomous vehicles market is experiencing rapid growth due to advancements in technology and increasing demand for safer transportation solutions. Concurrently, the global traction control system market is expanding, driven by rising vehicle safety standards and enhanced driving performance. Additionally, the global automotive LIDAR sensors market is booming, fueled by the need for precise environment mapping in autonomous driving systems. These trends reflect a dynamic shift towards smarter and safer automotive technologies, highlighting a significant evolution in vehicle safety and automation.

Research Analysis

The HD Map market for autonomous vehicles is a rapidly growing industry, driven by the increasing adoption of autonomous driving technology in ride-sharing, robo-taxis, and autonomous cars. HD Maps, which provide high-definition, real-time location data, are essential for autonomous vehicles to navigate safely and efficiently. These maps use technologies such as LiDAR (Light Detection and Ranging) and SLAM (Simultaneous Localization and Mapping) to create detailed 3D models of the environment. HD Maps are created using a combination of digital cameras, LiDAR sensors, and other data sources, and are updated in real-time using 5G networks. Companies are investing heavily in HD Map technology to provide reliable and accurate mapping data for autonomous vehicles, with applications ranging from ride-sharing services like Uber and Ola to shared mobility providers like Avis Budget Group and Rent-A-Car. Other key players in the HD Map market include Cruise, Waymo, Baidu, DiDi, ADASIS, NDS, SENSORIS, TISA, TomTom, HERE Maps, Nvidia, NDS Association, Voyage, Auto X, DeepMap, MapBox, Carmera, and Civil Maps.

Market Research Overview

The HD Map for Autonomous Vehicles market is a rapidly growing sector in the autonomous driving industry. HD Maps, which include LiDAR, SLAM (Simultaneous Localization and Mapping), and digital cameras, play a crucial role in enabling autonomous vehicles to navigate and perceive their environment in real-time. These maps provide detailed information about the road infrastructure, traffic signs, lane markings, and other relevant features. Autonomous vehicles rely on HD Maps for various applications such as ride-sharing, robo-taxis, and autonomous cars. The market is witnessing significant investment from corporations, automobile OEMs, and technology companies. The integration of 5G networks and advanced autonomous driving technologies like Cruise, Waymo, and Uber’s self-driving projects, is expected to accelerate the market’s growth. The market encompasses various HD mapping solutions, including in-house HD mapping, cloud-based, and embedded systems. HD Maps are essential for semi-autonomous and fully autonomous vehicles, enabling them to operate safely and efficiently. The regulatory environment is a critical factor influencing the market’s growth, with regulatory bodies setting standards for autonomous vehicle safety and data privacy. The HD Map for Autonomous Vehicles market also offers advertising services, smart cities, and urban planning applications. Companies like Google, Avis, Fiat-Chrysler, Audi, Daimler, HERE Technologies, GM, VW, Mobileye, Embark, Plus, and others are investing in this market to provide innovative HD mapping solutions and stay competitive. The market’s growth is driven by the increasing demand for shared mobility services, such as ride-sharing and car rentals, and the integration of autonomous driving technology into passenger vehicles and commercial vehicles. Data storage and cloud storage solutions are also essential components of the HD Map for Autonomous Vehicles market, enabling the collection, processing, and analysis of vast amounts of data generated by autonomous vehicles.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

SolutionCloud-basedEmbeddedVehicle TypePassengerCommercialGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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11:11 Systems Announces Strategic Partnership with Cato Networks to Deliver SASE Solution for Distributed Enterprises

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New Managed Secure Access Service Edge (SASE) solution combines SD-WAN, cloud-native networking and security capabilities with 11:11’s connectivity, cyber resilience and cloud expertise

SYDNEY, July 22, 2026 /PRNewswire/ — 11:11 Systems, a leading managed infrastructure solutions provider, today announced the global availability of its 11:11 Managed Secure Access Service Edge (SASE) solution and a new strategic partnership with Cato Networks.

11:11 Managed SASE is a fully managed secure connectivity solution leveraging Cato Networks AI-native network security platform. This solution brings together intelligent SD-WAN, cloud-delivered security and global connectivity into a single offering. It enables organisations to simplify and secure access across branch offices, data centres, users and cloud environments, reducing complexity without sacrificing performance or control.

Built on the Cato Networks cloud-native SASE platform, 11:11 Managed SASE combines zero trust network access (ZTNA), firewall as a service (FWaaS), secure web gateway (SWG), cloud access security broker (CASB), advanced threat protection and centralised visibility into a unified managed experience. 11:11 also delivers 24x7x365 monitoring and support, incident management integration and operational accountability to help customers limit vendor sprawl, increase agility and free internal teams to focus on higher-value priorities.

The offering is backed by 11:11’s broader networking, cloud and cyber resilience capabilities. Through its global backbone, carrier-agnostic connectivity options and integrated portfolio spanning cloud, backup, disaster recovery and security services, 11:11 gives customers a practical path to modernise network and security architecture while strengthening resilience across the business.

“Enterprises are under pressure to support users, applications and locations that are more distributed than ever, while limiting complexity and improving security,” said Justin Giardina, CTO, 11:11 Systems. “Our Managed SASE solution provides customers with a unified approach to modernising networking and security, along with the visibility, support and flexibility they need to thrive in a rapidly changing environment.”

According to Karl Soderlund, global channel chief, Cato Networks, “As enterprises move beyond fragmented legacy networking and security stacks, they need a simpler way to gain visibility, context and control across hybrid work environments and reduce the operational burden on IT. Through our partnership, we can address these challenges head on and deliver end-to-end visibility and protection in a single service built for the reality of modern work.”

The joint offering is well suited for distributed enterprises, multi-site organisations, hybrid workforce initiatives, SD-WAN refreshes, security modernisation efforts and businesses with limited IT resources. 11:11 meets customers where they are by supporting existing environments, simplifying multi-vendor operations and serving as a single provider accountable for network, security, cloud and data integration.

This partnership expands 11:11’s Network as a Service portfolio and follows Forrester’s inclusion of 11:11 Systems in its report, “The Secure Access Service Edge Services Landscape, Q1 2026.”

About 11:11 Systems

11:11 Systems is a managed infrastructure solutions provider that empowers customers to modernise, protect and manage mission-critical applications and data, leveraging 11:11’s resilient cloud platform. Learn more at www.1111Systems.com and follow 11:11 on LinkedIn.

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SOURCE 11:11 Systems

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Crowell & Moring Expands Financial Services Group with Former UBS Bank USA General Counsel Cristina Diaz

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NEW YORK, July 21, 2026 /PRNewswire/ — Crowell & Moring has added Cristina Diaz, former executive director and general counsel of UBS Bank USA, and most recently head of legal for UBS’s U.S. Remediation Management Office, to the firm’s Financial Services Group as senior counsel in New York. Diaz brings more than two decades of in-house counsel and law firm experience in bank regulation, compliance, and risk management.

At Crowell, Diaz will counsel banks, fintechs, and digital assets companies on a broad range of bank regulatory matters, including charters and licensing, permissible activities, capital requirements, regulatory enforcement, M&A, and corporate governance. She will also counsel clients navigating the intersection of traditional banking and emerging financial services, including digital assets companies seeking to acquire or establish national banks, and banks exploring partnerships with fintechs and digital assets firms.

At UBS, Diaz advised on the firm’s most pressing regulatory matters, including most recently UBS Bank USA’s charter conversion from a Utah industrial bank to an OCC national bank and key compliance remediations. This work gave Diaz extensive experience navigating relationships with state and federal financial regulators. Earlier in her career, Diaz spent eight years at Davis Polk & Wardwell advising U.S. and foreign banks on bank regulatory matters, M&A, and capital markets transactions.

“Cristina is a highly experienced, solution-oriented attorney who brings deep knowledge in the bank regulatory space. She will be an enormous asset to the firm’s growing regulatory and transactional offerings to banks, digital assets businesses, and fintechs,” said Carlton Greene, Co-Chair of Crowell’s Financial Services Group.

“I am delighted to join Crowell & Moring and integrate my bank regulatory experience with the firm’s nationally-recognized digital assets practice. As traditional banking and emerging financial technologies continue to evolve, clients need actionable and sophisticated legal counsel. Crowell offers the collaborative platform to help institutions successfully execute their growth and compliance strategies,” said Diaz.

Diaz received her J.D. from New York University School of Law, where she was a member of the New York University Law Review, and received her B.A., summa cum laude, from New York University. She is fluent in Spanish.

About Crowell & Moring LLP
Crowell & Moring is an international law firm with operations in the United States, Europe, and MENA. Drawing on significant government, business, industry, and legal experience, the firm helps clients capitalize on opportunities and provides creative solutions to complex regulatory and policy, litigation, transactional, and intellectual property issues. The firm is consistently recognized for its commitment to pro bono service, as well as its comprehensive programs and initiatives to advance the professional and personal development of all members of the Crowell community.

Media Contact:
Email: prteam@crowell.com

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Quantinuum and SoftBank Corp. Publish Joint White Paper on Scaling Practical Quantum Computing Use Cases Toward the Fault-Tolerant Era

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The companies have published a joint white paper mapping commercially relevant quantum computing use cases in quantum chemistry and graph analytics to Quantinuum’s hardware roadmap.The paper provides a framework for assessing how advances in quantum hardware and algorithms, could affect when practical industrial applications become feasible.SoftBank Corp. and Quantinuum will use the roadmap to inform their exploration of future quantum AI data center services and related business models.

TOKYO and BROOMFIELD, Colo., July 22, 2026 /PRNewswire/ — Quantinuum (NASDAQ: QNT) and SoftBank Corp. (“SoftBank”) today announced the publication of “Quantum Computing Frontiers,” a joint white paper that maps two commercially-relevant quantum computing application areas against Quantinuum’s hardware roadmap. The analysis examines how advances in quantum hardware and algorithms could affect when these applications become practical for industrial use.

The paper focuses on two representative application domains that SoftBank is actively using Quantinuum’s systems to research: quantum chemistry for new materials discovery and energy research, and topological data analysis for large-scale graph analytics, including for telecommunications fraud detection. The authors anchor their assessment of the scalability of these two application areas against Quantinuum’s published hardware roadmap, examining how projected advances in hardware capabilities and algorithms may enable the commercial readiness of future industrial applications.

Building on this use-case roadmap, the paper also examines how quantum computing, AI, and high-performance computing could be integrated into future computing infrastructure. It considers how progress across successive hardware generations could inform future quantum AI data center services and related business models, a key focus of the Quantinuum and SoftBank partnership announced last year.

“The key takeaway of this study is that organizations do not need to wait for large-scale, fault-tolerant systems to explore where quantum computing can begin creating value,” said Duncan Jones, General Manager, Applications Group at Quantinuum. “By using today’s systems to develop, benchmark and refine applications in areas such as quantum chemistry and graph analytics, enterprises can build the technical and operational readiness needed for the next era of quantum-enabled computing.”

“The question is no longer whether quantum computing may deliver value, but rather which problem classes become executable at which stage of hardware maturity,” said Ryuji Wakikawa, Senior Vice President & CTO at SoftBank Corp. “However, we believe progress in hardware must be complemented by equally strong developments in quantum algorithms and the integration of quantum systems with AI and high-performance computing.”

The white paper discusses illustrative scenarios describing how representative applications, technology maturity, and potential market opportunities may evolve over time under stated assumptions. The analysis provided in the paper is intended to provide a conceptual framework for understanding potential market evolution and does not represent financial guidance or forecasts. These analyses are intended to support discussion of future technology development and should not be interpreted as commitments regarding commercialization, infrastructure investment, products, services, or financial performance.

The full white paper is available to download on the SoftBank and Quantinuum websites.

About SoftBank Corp.

Guided by the SoftBank Group’s corporate philosophy, “Information Revolution – Happiness for everyone,” SoftBank Corp. (TOKYO: 9434) operates telecommunications and IT businesses in Japan and globally. Building on its strong business foundation, SoftBank Corp. is aiming to activate the potential of AI across its businesses and drive implementation in line with its “Activate AI for Society” growth strategy. While further growing its telecom business, SoftBank is expanding its AI computing infrastructure and AI and Cloud service businesses with the aim of becoming a provider of Next-generation Social Infrastructure. To learn more, please visit https://www.softbank.jp/en/corp/

About Quantinuum

Quantinuum (NASDAQ: QNT) is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity.[1] Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. The company has a global workforce of approximately 700 employees, including top scientists and researchers. Over 70% of its technology team holds PhDs or Master’s degrees. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore.

For more information, please visit www.quantinuum.com.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain statements that may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “future,” “will,” “seek,” “foreseeable,” the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. Such statements are based on certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. New factors emerge from time to time, and it is not possible for Quantinuum to predict all such factors. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Quantinuum does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

 

[1] As of December 31, 2025.

SOURCE Quantinuum

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