Market Share of India Location-based Services Industry
The ongoing research and technological enhancements are anticipated to be significant trends within the market sector. The companies and businesses operating in the market are thus adopting different strategies to extend their overall customer base and enhance their presence throughout the market. The key strategies involve long-term partnerships, mergers, and acquisitions. Some of them are as follows :
In June 2023, Tatvic Analytics, a provider of advanced data analytics and marketing technology solutions, declared its partnership with Google Maps Platform, a next-generation, comprehensive suite of location-based services built to augment innovation and boost business outcomes. As a Google Partner, Tatvic Analytics is positioned to provide accurate industry solutions centered throughout Google Services and Products. Tatvic Analytics would help businesses implement GMAPs, optimize costs, identify the right APIs to address various industry-specific challenges, and unlock the complete potential of the Google Maps Platform Stack.
In July 2023, EON Reality, Inc., a global provider of Virtual and Augmented Reality industry and education solutions powered by Artificial Intelligence, partnered with Assam Electronics Development Corporation, a software services company in Northeastern India. This partnership is set to establish a Spatial AI Center in Tech City, Guwahati, Assam, which aims to harness immersive and AI-driven solutions to revolutionize local tech development, education, and several other sectors.
India Location-based Services Market Leaders
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Google LLC
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Microsoft Corporation
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MapmyIndia
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Genesys International Corporation limited
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Pert Telecom Solutions Pvt Ltd
*Disclaimer: Major Players sorted in no particular order
