Location-based Services (LBS) Market Global Trends, Share, Industry Size, Growth, Opportunities and Forecast - 2019 to 2025

Location-Based Services (LBS) is a generic term for software services that provide services or information to users using geographic data and information, and can be used in a variety of situations, such as health, indoor object searches, entertainment, and work. Examples of commonly used location-based services, such as personal life, are navigation software, social networking services, and location-based advertising and tracking systems. LBS may also include mobile commerce when taking the form of a coupon or ad based on a customer's current location. This includes personalized weather services and location-based games.

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By the type, the market is primarily split into

o Location
o Navigation
o Query
o Recognition
o Event Checking

By the application, this report covers the following segments

o Mobile Phone
o Automotive
o Cloud
o Others

The Location-based Services (LBS) key manufacturers in this market include:

o Ericsson
o Syniverse
o Ekahau
o Galigeo
o Masternaut
o Pitney Bowes
o Tomtom International
o Polaris Wireless
o TCS
o Ruckus
o DigitalGlobe

LBS is important for gaining real insights from data linked to specific locations where activities are performed by many businesses and government agencies. The spatial patterns that location-related data and services can provide are where location is a common denominator in all these activities and are one of the most powerful and useful aspects that can be utilized to better understand patterns and relationships. Banking, surveillance, online commerce, and many weapon systems rely on LBS.

A full report of Global Location-based Services (LBS) Market is available at: https://www.orionmarketreports.com/location-based-services-lbs-market/30909/

Scope of the Report

The research study analyzes the global Location-based Services (LBS) 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

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 (LBS) Market Report

1. What was the Location-based Services (LBS) Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2. What will be the CAGR of Location-based Services (LBS) Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Location-based Services (LBS) Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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