Nexar
Nexar is revolutionizing road safety through AI-powered solutions, providing real-time mapping
About the company
Situation: Current navigation systems suffer from inefficiency due to their limited real-time adaptability, often providing static routes that fail to account for dynamic changes in traffic conditions, resulting in suboptimal and delayed routes forusers.
Solution: Utilizing an extensive network of dashcams, Nexar boasts one of the largest road data collections globally, joining the ranks of Tesla and Mobileye. Powered by advanced AI, Nexar pioneers the industry with the first and only real-timevision mapping solutions, revolutionizing navigation and safety on the roads.
Market: The global market, valued at USD 21.9 billion in 2022, is anticipated to grow at a CAGR of 11.97% throughout the forecast period, reaching a projected USD 43.2 billion by 2028.
