Best Prospects in the Global Location-Based Services Market and Strategies for Growth – Includes Location-Based Services Market Size
The Business Research Company’s report goes into great detail on the location-based services market size and growth, location-based services market regional analysis, location-based services market competitive landscape, and other critical information needed to excel in the location-based services industry.
Major players in the location-based services market include Apple Inc., Cisco Systems, Inc., Google LLC, Intel Corporation, Ericsson, Microsoft Corporation, Oracle Corporation, Qualcomm Inc., Navigine, IBM, CommScope, HERE, ALE International SAS, AT&T Inc., AiRISTA Flow, Quuppa, and NTT Docomo.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global location-based services market size is expected to grow from $55.92 billion in 2021 to $70.16 billion in 2022 at a compound annual growth rate (CAGR) of 25.5%. The global location-based service market size is expected to grow to $114.9 billion in 2026 at a CAGR of 15.5%.
North America was the largest region in the location-based services market in 2021.
The location-based services market consists of sales of location-based services by entities (organizations, sole traders, and partnerships) that are used to provide information on the location. These services are based on the location of a mobile user as determined by the device’s geographical location and use real-time geodata from a smartphone to provide information, entertainment or security. Location-based services use the device location for the information and are applicable in the areas such as directions, local advertisement, and local news.
Upsurge in the use of smartphones/GPS-enabled devices is expected to propel the growth of location-based services.
Advancement in technology is a key trend gaining popularity in location-based services. Many companies are launching new advancements in location-based services to gain edge over their competitors.
TBRC’s global location-based services market report is segmented:
By Component: Platform, Hardware, Services
By Location Type: Indoor, Outdoor
By Technology: GPS, Assisted GPS (A-GPS), Enhanced GPS (E-GPS), Enhanced Observed Time Difference (E-OTD), Observed Time Difference, Cell ID, Wi-Fi, Others
By Application: Location-Based Advertising, Business Intelligence and Analytics, Fleet Management, Mapping and Navigation, Social Networking and Entertainment, Proximity Marketing, Asset Tracking, Others
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Location-Based Services Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the location-based services market globally and regionally, analyzes and forecasts market size, share, location-based services market players, location-based services market segments, leading competitor revenues, profiles and market shares.
Here Is A List Of Similar Reports From The Business Research Company:
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