Location-Based Services (LBS) Market Share 2021: Global Trends, Key Players, Industry Analysis Report to 2027

The Location-Based Services (LBS)   Market size is expected to grow at an annual average of 16% during 2021-2027. The advent of digitalization increases the need for location-based services (LBS) due to their ability to provide customized marketing strategy solutions, which in turn creates new revenue growth opportunities for players who choose these solutions. Location-based services increase the demand for analytics solutions due to their ability to provide and analyze real-time geographic data.

The following segmentation are covered in this report:

By Application

• Tracking and Navigation
• Marketing and Advertising
• Location-based Social Networks
• Location-based Health Monitoring
• Others (location-based gaming and emergency support)

By Location Type

• Indoor
• Outdoor

By Vertical

• Transportation and Logistics
• Retail
• Government
• Tourism and Hospitality
• Manufacturing
• Healthcare and Life Sciences
• Media and Entertainment
• Others (Energy and Utilities, Banking, Financial Services and Insurance [BFSI], Telecom, and Education)

Company Profile

• Alcatel-Lucent SA
• Apple, Inc.
• AT&T Inc.
• Bharti Airtel, LTD.
• Cisco Systems, Inc.
• Google Inc.
• HERE
• International Business Machines Corporation
• Microsoft Corporation
• Oracle Corporation
• Qualcomm Inc.

Scope of the report

The research study analyses the Location-Based Services (LBS)  Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Location-Based Services (LBS)   Market Report

• What was the Location-Based Services (LBS)  Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Location-Based Services (LBS)  Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.