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Location Based Services Market 2019: Global Industry Analysis Report to 2025

01-21-2021 09:26 AM CET | IT, New Media & Software

Press release from: Orion Market Reports

The location-based services market was valued at USD 44.47 billion in 2020 and expected to reach USD 155.13 billion by 2026 and grow at a CAGR of 23.2% over the forecast period (2021-2026). The proliferation of smartphone usage is driving the location-based services market. According to a report by the United Nations, nearly 41.5% of the total world population, as of 2019, were smartphone users.

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

Key Players

Some of the prominent players in the global location-based services market are Google Inc.; Apple Inc.; Micello Inc.; Hewlett Packard Enterprise; Microsoft Corporation; Zebra Technologies; Cisco Systems, Inc.; Ericsson; CommScope; IndoorAtlas Ltd. and Qualcomm Technologies, Inc.

Location Based Services Market Key Segments:

Basis of component:

• Hardware
• Software
• Services
• Consulting
• System Integration
• Managed services
• Other

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
• Others

Reasons to Buying From us –

• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.

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 Market Report

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

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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