South Korea Location-based Services Industry Overview
The South Korea location-based services market exhibits fragmentation due to the presence of numerous companies. Among the prominent players are Cisco Systems Inc., Ericsson Inc., IBM Corporation, AT&T Inc., Qualcomm Technologies, Inc., Microsoft, Oracle, HERE, Vodafone Limited, Hewlett Packard Enterprise Development LP (Aruba Networking), and others. These key industry players are continually innovating their product offerings and engaging in strategic partnerships and collaborations to secure a competitive edge.
In August 2023, Doosan Logistics Solutions Co. (DLS), a South Korean system integrator specializing in turnkey solutions, successfully secured the second expansion project for the Nike Icheon Customer Service Center (CSC). The project encompasses the implementation of order storage and retrieval (OSR) shuttles, conveyors, and warehouse control systems (WCS). DLS is known for providing end-to-end logistics automation solutions, from the initial design phase to the installation of automated equipment and WCS. An integral part of this project involves integrating DLS's software with Nike Korea's existing warehouse management system (WMS). As part of its expansion strategy, DLS is committed to delivering cutting-edge logistics automation systems and intelligent factory solutions to meet the evolving demands of its customers.
In February 2023, HERE Technologies, a leading location data platform provider, entered into a strategic partnership with Cognizant aimed at delivering real-time location insights and analytics to Cognizant's customers across various industries, including retail, ride-hailing, logistics, manufacturing, and automotive sectors. Leveraging location insights and analytics, businesses can enhance their ability to reach and serve their customers with precision. Cognizant will harness the robust data visualization and exchange capabilities offered by the HERE location platform, including access to real-time traffic data, weather information, and comprehensive road attribute data. This collaboration empowers Cognizant to develop intelligent solutions to address the unique needs of its customer base.
South Korea Location-based Services Market Leaders
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Cisco Systems Inc.
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Ericsson Inc.
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IBM Corporation
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HERE
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Vodafone Idea Limited
- *Disclaimer: Major Players sorted in no particular order
