Market Share of Middle East Location-based Services Industry
The Middle East Location-based Services market is highly competitive, with the presence of major international players. During the forecast period, it offers expansion opportunities, which is anticipated to increase market competitiveness. The market has an observable level of consolidation, with a few firms controlling a sizable portion.
In May 2023, Pointr, the indoor positioning and mapping company, announced the launch of single-site indoor location systems at the prestigious Reem Mall in Abu Dhabi, United Arab Emirates. The Mall's indoor positioning system allows the app users to find their position within the Mall quickly, browse interactive maps, and find ways to a large number of points of interest.
In March 2023, Comtech announced that Al Yah Satellite Communications Company PJSC (Yahsat) had granted Comtech a USD 29 million contract to provide communications technology and location services to be used with Yahsat's Thuraya 4-NGS satellite constellation.
Middle East Location-based Services Market Leaders
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Google LLC
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HERE Technologies
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TomTom International BV.
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MapQuest
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ALE International LLC
*Disclaimer: Major Players sorted in no particular order