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$LKCO That article has the wrong value for Chinese HD map market, I am almost certain (70m$ US or 474m$ Yuan)MaxInvestor89, published August 14, 2021
Even though it was shared by Luokung Weibo, this week, it seems to be referencing to 2020.
I wasn't able to precisely uncover the China market share of the global HD mapping sector, but by consulting several analyst reports, from different market research firms, covering different years, I was able to estimate it fairly imo.
The Total addressable market (TAM) for Global HD map 2021 is projected to reach 1.6-2.2B$
North America 35-40%
Asia Pacific 15-20% (China 8-12%)
Middle East Africa 5-10%
LKCO revenue 2021:
EmapGo 17-20% of China or (1.36-2.4% Global)
EmapGo Revenue 2021:
1.6B$ x .0136 = 21.76m$ (low probability)
2.2B$ x 0.024 = 52.80m$
Smart cities (Webinar mentioned it would generate significant revenue in 2021) + BotBrain: 10-20m$
Pre (2019) acquisitions buiseness entities:
18m$ (2020 )------> 30m$ (2021)
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