3c478d04c570ea302e28e1dbc7a7ac748c9c3fbd     Global Location Based Services Market to be Driven by Rise in Usage of Smart Devices in the Forecast Period of 2022-2027 -
Friday, August 1, 2025
  • Home
Advertisement
  • Home
No Result
View All Result
  • Home
No Result
View All Result
No Result
View All Result
Home Business

Global Location Based Services Market to be Driven by Rise in Usage of Smart Devices in the Forecast Period of 2022-2027

admin by admin
December 8, 2022
in Business
0
Location Based Services Market Price
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
0 0

You might also like

Why Coworking Spaces and Business Centres in Dubai Are Transforming Work 

The Art of the Ride Why Patches Are the Soul of Canadian Biker Culture

Mountain Dreams Realized: Four Iconic Himalayan Journeys That Transform Lives

Read Time:4 Minute, 19 Second

The new report by Expert Market Research titled, ‘Global Location Based Services Market Price, Share, Size, Trends, Growth, Report and Forecast 2022-2027’, gives an in-depth analysis of the global location based services market, assessing the market based on its segments like components, technologies, applications, industry verticals, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/location-based-services-market/requestsample

The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 25.3%

The increase in smartphones and the growing usage of location-aware technologies across the globe are driving the growth of the location-based services industry. The improvements in cloud-based services, Internet of Things (IoT), and IT infrastructure are fuelling the location based services industry’s growth. Wearable gadgets are increasingly also becoming more popular in both developed and developing countries, which is expected to bolster the market in the forecast period. In addition, the growing interests and competition among key industry players in the market are predicted to surge investments in technological advancements of location-based services, which is expected to positively influence the market in the coming years.

Industry Definition and Major Segments

Location based services (LBS) are services that are typically used for navigation. They are also utilised across various industry verticals and have a wide range of applications. Location based services (LBS) are essential for location-based services as they allow third-party applications to gather location.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/location-based-services-market

On the basis of component, the market is divided into:

• Hardware
• Software
• Services

Based on technology, the industry can be categorised into:

• 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, the industry is classified into:

• Location Based Advertising
• Business Intelligence and Analytics
• Fleet Management
• Mapping and Navigation
• Social Networking and Entertainment
• Proximity Marketing
• Asset Tracking
• Others

Based on industry vertical, the industry can be segmented into:

• Transportation and Logistics
• Manufacturing
• Government and Public Utilities
• Retail
• Healthcare and Life Sciences
• Media and Entertainment
• IT and Telecom
• BFSI
• Hospitality
• Others

The regional markets for the product include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Trends

The increased popularity of wearable devices and smart gadgets and the rising prevalence of social networking among the global population are predicted to boost the market for location-based services. Indoor LBS and vertical positioning are in high demand in a variety of businesses. Several enterprises around the world are working in this field, combining wireless sensors, geomagnetic fields, and beacons to supplement GPS. Location-based services are necessary for improving all city services, from crime prevention to pest management, due to which it is increasingly adopted by governments. The industry is also expanding due to the rising demand for e-commerce and mobile applications as well as the availability of low-cost smartphones.

Key Market Players

The major players in the market are ALE International SAS (Alcatel-Lucent Enterprise), Apple Inc., AT&T Inc., Google Inc., and Cisco Systems, Inc, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Read More Reports:

Middle East and Africa Explosives Market: https://www.expertmarketresearch.com/reports/middle-east-and-africa-explosives-market

Global Beverage Cans Market: https://www.expertmarketresearch.com/reports/beverage-cans-market

Whey Protein Concentrate Market: https://www.expertmarketresearch.com/reports/whey-protein-concentrate-market

Global Molecular Diagnostics Market: https://www.expertmarketresearch.com/reports/molecular-diagnostics-market

Global Road Haulage Market: https://www.expertmarketresearch.com/reports/road-haulage-market

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Alex Parker, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

Share

Facebook
Twitter
Pinterest
LinkedIn

About Post Author

admin

admin@thetimesproject.com
https://thetimesproject.com
Happy
Happy
0 0 %
Sad
Sad
0 0 %
Excited
Excited
0 0 %
Sleepy
Sleepy
0 0 %
Angry
Angry
0 0 %
Surprise
Surprise
0 0 %
Tags: Location Based Services MarketLocation Based Services Market PriceLocation Based Services Market ReportLocation Based Services Market ShareLocation Based Services Market Size
Previous Post

Video Surveillance System Market Growth, Size, Share, Price, Trends, Report, Forecast 2022-2027

Next Post

Global Activated Alumina Market to be Driven by the Rising Demand in the Water Treatment Sector, due to Decreasing Number of Freshwater Bodies in the Forecast Period of 2021-2026

admin

admin

Related Posts

Business Centres in Dubai
Business

Why Coworking Spaces and Business Centres in Dubai Are Transforming Work 

by admin
July 27, 2025
The Art of the Ride Why Patches Are the Soul of Canadian Biker Culture
Business

The Art of the Ride Why Patches Are the Soul of Canadian Biker Culture

by admin
July 18, 2025
Mountain Dreams Realized: Four Iconic Himalayan Journeys That Transform Lives
Business

Mountain Dreams Realized: Four Iconic Himalayan Journeys That Transform Lives

by M Asim
June 18, 2025
The Art of Kitchen Design in Manchester: Creating Spaces That Inspire
Business

The Art of Kitchen Design in Manchester: Creating Spaces That Inspire

by M Asim
April 9, 2025
Leadership Coaching Bangalore & TTT Certification: Unlocking Your Leadership Potential
Business

Leadership Coaching Bangalore & TTT Certification: Unlocking Your Leadership Potential

by M Asim
February 15, 2025
Next Post
Activated Alumina Market Price

Global Activated Alumina Market to be Driven by the Rising Demand in the Water Treatment Sector, due to Decreasing Number of Freshwater Bodies in the Forecast Period of 2021-2026

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%
(Add your review)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Categories

  • Automotive
  • Business
  • Computer
  • Digital Marketing
  • Education
  • Entertainment
  • faishon
  • Fashion
  • Featured
  • Finance
  • Food
  • Games
  • Health
  • Home Improvement
  • Life Style
  • Lifestyle
  • management
  • Music
  • news
  • services
  • Software
  • Sports
  • tech
  • technology
  • Travel
  • Uncategorized
  • Website Reviews

Thetimesproject.com

No Result
View All Result
  • Home

Thetimesproject.com