Market Share of Canada Location-Based Services Industry
The Canada location-based services market exhibits a moderate level of consolidation, featuring key players such as Cisco Systems Inc., IBM Corporation, Ericsson Inc., Google LLC, ALE International, and various others. These companies consistently invest in strategic partnerships and service advancements to secure a substantial market share. Notable recent developments in the market include:
In November 2022, VeriDaaS Corporation made a significant move by acquiring 4DM, a Canadian geo-intelligence company. 4DM specializes in engaging with non-governmental organizations (NGOs), government entities, and private sector organizations. They focus on intelligent transportation solutions, environmental health, location-based services, and risk assessment applications through consulting projects and service-based work.
In October 2022, GPS Insight, a prominent provider of Software as a Service (SaaS)-based fleet management solutions and field service management software, announced its acquisition of Certified Tracking Solutions. Certified Tracking Solutions is a key player in the fields of GPS telematics, fleet tracking and management, connected transport, and industrial Internet of Things (IoT). Their premier brand, Titan GPS, offers a comprehensive range of fleet management services and support to numerous fleet operators across Canada. This strategic move strengthens GPS Insight's position in the Canadian market.
Canada Location-Based Services Market Leaders
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Cisco Systems Inc.
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IBM Corporation
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Ericsson Inc.
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Google LLC
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ALE International ( Nokia Corporation)
*Disclaimer: Major Players sorted in no particular order
