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At CAGR of 37% Global Location-based Services Market Analysis By Ericsson, Syniverse, Ekahau, Galigeo, Masternaut, Pitney Bowes, Tomtom International

11-15-2019 08:20 PM CET | IT, New Media & Software

Press release from: Supply Demand Market Research

At CAGR of 37% Global Location-based Services Market Analysis

The location-based services market is expected to register a CAGR of 37% over the forecast period 2019 - 2024.
According to SDMR International, Global Location-based Services Market research report provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
The location-based services are growing due to increasing analytical and business intelligence applications. The increasing importance of targeted marketing, globally, has led to high focus on marketing efforts. Location-based services allow the analysis of consumer behavior in commercial spaces, like malls and shops to understand consumer preference to take advantage of marketing. LBS can be used for tracking and finding clues of lost mobiles. In general, a software application can retrieve information about where a mobile device is located, using GPS to indicate the geographical position of the mobile device.
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The automotive industry is expected to witness significant growth for location-based services. The roll-out of the first 3G wireless services and the next phase of vehicle telematics systems will both have a dramatic effect.
Additionally, increasing smart device sales has further fueled market growth. Location-based advertising is a reliable tool for mobile marketing and can elicit a quick response from consumers. Thus, location data is gradually becoming a critical element for digital marketing of brands and enterprises.
Key Players covered in this report:
Ericsson
Syniverse
Ekahau
Galigeo
Masternaut
Pitney Bowes
Tomtom International and more…..
Market Segment By Key Product Type:
Control plane locating
Self-reported positioning
Others

Market Segment by Application Type:
Hospital
Clinics
Others

Key questions answered in this report
1. What are the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks)?
2. Which consumer segment accounted for the highest sales of Location-based Services in 2019?
3. What are the business risks and factors concerning the market?
4. What are some of the most promising, high-growth opportunities for Location-based Services market by applications, types and regions?
5. Which region offers the most lucrative opportunities for the market in 2019?
6. What Location-based Services product types will be the most in-demand in the current year?
7. What sales channel will account for the largest sales?
8. What are the major challenges facing the Location-based Services market?
Table of Contents
Part 1 Market Overview
Part 2 Key Companies
Part 3 Global Market Status and Future Forecast
Part 4 Asia-Pacific Market Status and Future Forecast
Part 5 Europe Market Status and Future Forecast
Part 6 North America Market Status and Future Forecast
Part 7 South America Market Status and Future Forecast
Part 8 Middle East & Africa Market Status and Future Forecast
Part 9 Market Features
Part 10 Investment Opportunity
Part 11 Conclusion
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