Market Share of Japan Location-based Services Industry
The ongoing various technological enhancements are expected to be significant trends within the market industry. The businesses and companies operating within the market are thus adopting several strategies to extend their overall customer base and augment their presence throughout the sector. The key strategies include long-term partnerships, acquisitions, and mergers. Some of them are like :
In June 2022, MetCom and NextNav declared a strategic agreement for the countrywide deployment of 3D geolocation services throughout Japan by starting with the Pinnacle vertical location service rollout. The Pinnacle service would first be deployed in the densely populated Osaka and Tokyo metropolitan areas, with the idea to extend coverage to major cities throughout Japan in 2023. Pinnacle would enhance the experience of geolocation services from two dimensions to involve a vertical third dimension and serve unmet requirements in both commercial and public sectors.
In May 2023, Hexagon's Autonomy & Positioning division and Hitachi Zosen Corporation signed an agreement to bring the TerraStar-X Enterprise correction service to Japan. Nippon GPS Data Service (NGDS), a subsidiary of Hitachi Zosen, would provide Hexagon with GNSS data from this network. With this data, Hexagon can thus provide exceptional levels of accuracy and redundancy through the TerraStar-X Enterprise GNSS correction service, which is significant for various automotive applications.
Japan Location-based Services Market Leaders
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Google LLC
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Kokusai Kogyo Co., Ltd.
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Hitachi, Ltd
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Waveon Co., Ltd.
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AGOOP Corp.
*Disclaimer: Major Players sorted in no particular order
