Telenav #1 in Navigation Software for Vehicles Produced in North America in 2018
TELENAV (TNAV)
Last telenav earnings: 2/6 04:02 pm
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Source: Business Wire
Automotive Infotainment Headunit Systems Forecast from IHS Markit Shows Company with 26% Market Share SANTA CLARA, Calif.--(BUSINESS WIRE)--Telenav®, Inc. (NASDAQ: TNAV), a leading provider of connected-car and location-based services, was declared the number one supplier in 2018 of navigation software engines installed in vehicles produced in North America, based on volume, with a 26 percent market share according to the latest IHS Markit Infotainment Headunit Systems Forecast (August, 2019).Telenav’s navigation solution powers some of the world’s largest automotive manufacturers’ embedded navigation offerings. The solution allows OEMs to deliver a navigation experience to their customers that seamlessly blends in-vehicle functionality with cloud-based intelligence. It includes proactive destination recommendations with ETA based on predictive modeling, incorporating real-time traffic alerts, speed flows, and accurate ETAs. Map data is kept relevant and accurate with timely over-
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