Location Based Services Market: Summary
The Global Location Based Services Market is estimated to reach USD 130.8 Billion in 2024 at a CAGR of 32.6%. Rising demand for application programming interface (API), growing demand for real-time location system (RTLS), increasing growth for wireless infrastructure, and rising demand for internet of things (IoT) expected to drive the in this market. However, geographic limitations issues act as a restrain to the market during the forecast period. Growing demand for big data analytics, adoption of 5G technology, and highly adoption of location of things technology is identified as an opportunity in this market.
Location Based Services is a growing technology that provide a service and information to the user. It uses real time geographic data from the technology that provide the information, security and entertainment. Its allows customers to find the direction, shops, stores, place and events.
Some key players of the market Cisco Systems Inc., IBM Corporation, Alphabet Inc.(Google), Microsoft Corporation ,Oracle Corporation, Qualcomm Technologies, Inc., TomTom International BV., Zebra Technologies Corp., Teldio Corporation, and HERE other.
Location Based Services Market: Report Synopsis
This market research report offers a comprehensive analysis of key market trends in the global location based services market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of technology, the market is segmented into network computing, wireless communications, and positioning technology. By solution, the market is segmented maps and navigation, tracking services, information services, analytics, emergency support, and advertising. By location type, the market is segmented indoor and outdoor. By component, the market is segmented software, services, and hardware. By end user, the market is segmented government, automotive, BFSI, retail, media & entertainment, manufacturing, and others. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, And The Middle East and Africa, with individual country-level analysis.
Location Based Services Market: Report Scope
The report on this market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2019-2024 (2019 estimated year, forecasted up to 2024)
Value (USD Million)
Technology, Solution, Location, Component, End-User
Asia-Pacific, North America, Europe, Middle East & Africa, South America
- Cisco Systems Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- IBM Corporation
- Alphabet Inc. (Google)
- Microsoft Corporation
- Oracle Corporation
- Qualcomm Technologies, Inc.
- TomTom International BV.
- Zebra Technologies Corp.
- Teldio Corporation
- Other Key Companies
Location Based Services Market: Report Segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Location Based Services Market, by Technology
- Network Computing
- Wireless Communications
- Positioning Technology
Location Based Services Market, by Solution
- Maps and Navigation
- Tracking Services
- Information Services
- Global Information Service (GIS)
- Transaction Process Service (TPS)
- Emergency support
Location Based Services Market, by Location Type
Location Based Services Market, by Component
Location Based Services Market, by End-User
- Media & Entertainment
Location Based Services Market, by Region
- South Korea
- Rest of Asia-Pacific
- North America
- The Netherlands
- Rest of Europe
- Middle East and Africa
- Saudi Arabia
- Rest of Middle East and Africa
- South America
- Rest of South America
Key Questions answered by the report
- What are the major developments impacting the global market and its growth?
- What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
- What are the evolving types of the global market?
- What are the evolving applications of global market?
- What are the major characteristics that will affect the global market growth during the study period?
- Who are the key players operating in the global market?
- How are the major players leveraging in the existing market conditions?
- Location Based Services Market Providers
- Location Based Services Market Solution and Services Suppliers, Distributors, and Dealers
- End-Users of Varied Segments of Location Based Services Market
- Government Bodies and Intellectual Institutions
- Associations and Industrial Organizations
- Research & Consulting Service Providers
- Research & Development Organizations
- Investment Banks & Private Equity Firms
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE LOCATION BASED SERVICES MARKET STUDY
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
2 RESEARCH DESIGN & SCOPE
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.2.1. Rising Demand for Application programming Interface (API)
4.2.2. Growing Demand for Real-Time Location System (RTLS)
4.2.3. Increasing Growth for Wireless Infrastructure
4.2.4. Rising Demand for Internet of Things (IoT)
4.3.1. Geographic Limitations
4.4.1. Growing Demand for Big Data Analytics
4.4.2. Adoption of 5G Technology
4.5.1 Security and Privacy Issues
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 LOCATION BASED SERVICES MARKET BY TECHNOLOGY, Market Size in USD Million (2017—2024)
6.2 Network Computing
6.3 Wireless Communications
6.4 Positioning Technology
7 LOCATION BASED SERVICES MARKET BY SOLUTION, Market Size in USD Million (2017—2024)
7.2 Maps and Navigation
7.3 Tracking Services
7.3.2 Vehicle Tracking
7.4 Information Services
7.4.1 Global Information Service (GIS)
7.4.2 Transaction Process Service (TPS)
7.6 Emergency support
8 LOCATION BASED SERVICES MARKET BY LOCATION TYPE, Market Size in USD Million (2017—2024)
9 LOCATION BASED SERVICES MARKET BY COMPONENT, Market Size in USD Million (2017—2024)
10 LOCATION BASED SERVICES MARKET BY END USER, Market Size in USD Million (2017—2024)
10.6 Media & Entertainment
11 LOCATION BASED SERVICES MARKET BY REGION, Market Size in USD Million (2017—2024)
11.1 North America
8.2.6. The Netherlands
8.2.7. Rest of Europe
8.3.4. South Korea
8.3.6. Rest of Asia-Pacific
11.4 Middle East & Africa
8.4.1. Saudi Arabia
8.4.3. Rest of Middle East & Africa
11.5 South America
8.5.3. Rest of South America
12 COMPETITIVE LANDSCAPE
12.2 Market Ranking/Share Analysis of Key Companies
12.3 Company Benchmarking
13 COMPANY PROFILES
13.1 Cisco Systems Inc.
13.1.1 Company Overview
13.1.2 Financial Overview
13.1.3 Products/Solutions/Services Offered
13.1.4 Key Developments
13.1.5 SWOT Analysis
13.2 IBM Corporation
13.3 Alphabet Inc. (Google)
13.4 Microsoft Corporation
13.5 Oracle Corporation
13.6 Qualcomm Technologies, Inc.
13.7 TomTom International BV.
13.8 Zebra Technologies Corp.
13.9 Teldio Corporation
13.11 Other Key Companies
14.1 Key Industry Expert Insights
14.2 Primary Discussion Guide
14.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY