SHANGHAI, Nov. 24, 2015 /PRNewswire/ -- Based on its research & analysis on China's OEM in-car navigation market, Frost & Sullivan, a distinguished global growth consulting company, presented "Growth Excellence Award in Embedded Navigation Market (China)" to eMapgo Technologies (Beijing) Co., Ltd. at the 2015 Growth, Innovation and Leadership Summit. Mr. Aroop Zutshi, President and managing partner of Frost & Sullivan, presented this award to Mr. Dongsheng Peng, CFO of eMapgo. This honor recognizes eMapgo's great achievements in rapid rise of market shares in China's OEM navigation market.
Benefiting from government incentive policies to automotive industry, China has overtaken the United States to become the largest automobile production country in the world since 2009. In 2014, the total units of vehicles produced in China exceeded half of the total units produced together by those countries ranked from No. 2 to No. 10. Though the market of large cities was affected by the global financial crisis, the market of smaller cities and rural areas still has great potential for growth.
Headquartered in Beijing, eMapgo is one of the earliest navigable digital mapping companies in China. Aimed at the rapid development of domestic vehicles market, eMapgo extended its map coverage to village road networks in 2010 and now has the largest drivable road networks in the industry. Over the years, eMapgo has provided navigable digital map data to over 40 international and domestic automobile manufacturers for over 100 car models in China. eMapgo's market share in China's OEM in-car navigation market has increased rapidly and become one of the three major OEM map suppliers in terms of shipment of map licenses in China, with a market share between 20-25%. eMapgo has continuously enhanced customers' satisfaction by providing innovative products to the market, such as photo realistic junction views and real 3D navigation maps.
Frost & Sullivan's "Growth Excellence Award in Embedded Navigation Market (China)" is a recognition for enterprises' remarkable achievements in leadership, technology innovation, product advantages, etc. eMapgo is increasingly prominent in China's OEM in-car navigation market with its excellent product performance, advanced core technology and rich industry experience. After strict review process on four key criterions: market position, growth potential, product features and competitive advantages, Frost & Sullivan presented the "Growth Excellence Award in Embedded Navigation Market (China)" in 2015 to eMapgo.
Contact:
Sarah Chen
+86-10-6379-0305
xue.chen@emapgo.com.cn
