Market Share of UAE Location-based Services Industry
The UAE Location-based Services market is characterized by a multitude of local and multinational solution providers, resulting in a moderately fragmented landscape. Notably, market vendors have been actively investing in portfolio expansions, often facilitated through contract renewals with end users via partnerships and collaborations. These strategic alliances are instrumental in bolstering the companies' market presence within the country.
In May 2023, the Integrated Transport Center, Department of Municipalities and Transport in Abu Dhabi entered into a partnership with Google. This collaboration aims to harness Google's AI data and technology platforms for the analysis of substantial data volumes derived from Google Maps. The primary objective of this collaboration is to forecast traffic patterns and predict areas prone to traffic congestion throughout the country. Such insights are expected to illuminate the growing demand for location-based services provided by market vendors in the UAE, ultimately fostering future market growth.
UAE Location-based Services Market Leaders
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Google LLC
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Location Solutions Telemetics LLC.
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TomTom International BV
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GapMaps
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ALE International
*Disclaimer: Major Players sorted in no particular order