Location-Based Services Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2028

 

Location-Based Services Market is Expected to grow at a CAGR of 22% During Forecast 2022-2028. Location-based services help determine the geographical location of the device through software installed on that device. Location-based services are important for government agencies as well as many companies to get real-world insights from data linked to specific locations where specific activities take place. The rapid development of digital infrastructure is one of the main factors driving the growth of the location-based services market.

Scope of the Report

The research study analyzes the Location-Based Services 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

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

Market Segmentation:

Basis of Application:

• Location-based advertising
• Business intelligence and analytics
• Social networking and entertainment
• Mapping and navigation
• Others

Basis of Industry:

• Banking, Financial Services and Insurance (BFSI)
• Retail
• Automotive
• IT & Telecommunication
• Medical & Healthcare
• Transportation & Logistics

Mentioned below are the prime players taken into account in this research report: Hewlett Packard Enterprise; Microsoft Corporation; Zebra Technologies; Cisco Systems, Inc.; Ericsson; CommScope; IndoorAtlas Ltd. and Qualcomm Technologies, Inc.

Geographic Coverage

o North America Market Size and/or Volume

o Latin America Market Size and/or Volume

o Europe Market Size and/or Volume

o Asia-Pacific Market Size and/or Volume

o Rest of the world Market Size and/or Volume

Key Questions Answered by Location-Based Services Market Report

1. What was the Location-Based Services Market size in 2021 and 2027; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Location-Based Services Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Location-Based Services Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.