Location-Based Services (LBS) market to grow at a CAGR of 39.77%

HTF MI recently introduced market study “Global Location-Based Services (LBS) Market 2017-2021” with in-depth focused approach on qualitative research, describing product Scope and elaborating industry insights and outlook to 2022. The market Study is putting a lot of emphasis on macro-economic issues, influencing factors and key market trends and drivers that are changing the dynamics of Global Location-Based Services (LBS) market.

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The Global Location-Based Services (LBS) Market research study is a designed especially for business strategists, industry executives, marketing, sales and product managers & consultants highlighting value drivers that may provides a competitive advantage to the business, giving an upper hand in the industry. What differentiation strategist should bring in product or services understanding the competitor moves and consumer behavior to make them more appealing? The study is the result of extensive primary and secondary research and some of the key vendors that are mentioned in the report and driving the market are Alibaba Group, Apple, Foursquare, Google, HERE, Aisle411, Baidu, Dianping, Etisalat, Facebook, Intel, MazeMap, Micello, MTN Group, NavInfo, Near, Nearbuy, Polaris Wireless, Shopkick, Spirent Communications, Sprint, Telenav, Tencent, TomTom & Zain.

About Location Based Services Location-based services (LBS) are part of a software application that uses location data for IP-capable mobile devices to trace where the mobile device is located. HTF’s Analyst forecast the global LBS market to grow at a CAGR of 39.77% during the period 2017-2021.

Market driver
Increased number of mobile computing devices

Market challenge
Privacy and security issues

Market trend
Growing popularity of proximity-based mobile advertising among enterprises

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The report offers a measurable and verifiable method to analyze market concentration, new entrants and technological advancement and market trends in the future. Further to get in-depth view of Market competitive landscape and Size, Global Location-Based Services (LBS) market study is segmented by Application/ end users, products type. Geographically, this report study is segmented into several key Regions such as Americas, APAC & EMEA with revenue, value drivers and growth rate of Location-Based Services (LBS) to gain a competitive edge, value proposition and market dominance in lucrative regions across the globe. Besides studying the growth drivers and restraints and the market segmentation, the report also analyzes the regulatory framework of the Global Location-Based Services (LBS) market so as to offer keen stakeholders a proper understanding of the different policies, regulations, and future projects, which will likely shape the trajectory of the market.

Some of the key questions answered in this report:

Detailed Overview of Global Location-Based Services (LBS) market helps deliver clients and businesses making strategies.
Influential factors that are thriving demand and constraints in the market.
What is the market concentration? Is it fragmented or highly concentrated?
What trends, challenges and barriers will impact the development and sizing of Location-Based Services (LBS) market?
SWOT Analysis of each key players mentioned along with its company profile with the help of Porter’s five forces tool mechanism to compliment the same.
What growth momentum or acceleration market carries during the forecast period?
Which region is going to tap highest market share in future?
What Application/end-user category or Product Type may see incremental growth prospects?
What would be the market share of key countries like United States, France, UK, Germany, Italy, Canada, Australia, Japan, China or Brazil etc.?
What focused approach and constraints are holding the market tight?

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There are 15 Chapters to display the Global Location-Based Services (LBS) market.

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Location-Based Services (LBS) market, Applications, Market Segment by Regions;
Chapter 2, to analyze objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5 , to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation[Americas, APAC & EMEA ], comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Global Location-Based Services (LBS) Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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