Industry Leadership and Strategies:- North America and Asia-Pacific are the two most active and leading regions in the market. With challenges like high initial investment costs, data privacy concerns and reliability of infrastructure, Automotive Smart Navigation Systems marketโs supply chain from component supplier / system integrators / software providers to oems, is expected to evolve & expand further. Companies such as Bosch, Garmin, TomTom, HERE Technologies, Google, Geotab, Waymo, Panasonic, Denso, Tesla, BMW and Verizon Connect are well placed in the market.
Check detailed report here- ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐๐ญ๐๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐๐จ๐ฆ/๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ/๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐-๐ฌ๐ฆ๐๐ซ๐ญ-๐ง๐๐ฏ๐ข๐ ๐๐ญ๐ข๐จ๐ง-๐ฌ๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ-๐ฆ๐๐ซ๐ค๐๐ญ-๐ซ๐๐ฌ๐๐๐ซ๐๐ก-๐ซ๐๐ฉ๐จ๐ซ๐ญ
Below table analyse the details of major applications, leading players and their strategies.Vehicle Routing
Leading Provider: TomTom
๐๐ซ๐จ๐ฏ๐ข๐๐๐ซ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ: Data-driven routing algorithms
Driver Assistance
๐๐๐๐๐ข๐ง๐ ๐๐ซ๐จ๐ฏ๐ข๐๐๐ซ: Bosch
๐๐ซ๐จ๐ฏ๐ข๐๐๐ซ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ: Enhanced driver awareness features
๐
๐ฅ๐๐๐ญ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ
๐๐๐๐๐ข๐ง๐ ๐๐ซ๐จ๐ฏ๐ข๐๐๐ซ: Geotab
๐๐ซ๐จ๐ฏ๐ข๐๐๐ซ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ: Real-time tracking solutions
๐๐ซ๐๐๐๐ข๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ
๐๐๐๐๐ข๐ง๐ ๐๐ซ๐จ๐ฏ๐ข๐๐๐ซ: Waymo
๐๐ซ๐จ๐ฏ๐ข๐๐๐ซ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ: Predictive traffic algorithms
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
Expansion into Emerging Markets: With the increase in vehicle count per person, regions such as Asia Pacific creates growth potential for companies that offer navigation services with swapping capabilities.
Integration with Autonomous Driving: The progress in self driving technology has made navigation systems crucial. Opened up possibilities for new innovations.
๐๐๐จ๐ฎ๐ญ ๐๐๐ญ๐๐๐ญ๐ซ๐ข๐ง๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐
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