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Location-Based Services Global Market 2023 - Size, Trends, Drivers, Growth And Outlook 2032 | Apple Inc., Cisco Systems, Inc., Google LLC, Intel Corporation, Ericsson
Location Based Services Market Research
As per the location based services market report by The Business Research Company, An upsurge in the use of smartphones and GPS-enabled devices is expected to propel the growth of location-based services. Location-based services combine the internet, geospatial technologies, and other information and communication technologies to provide targeted information to individuals on their smartphones based on geographic location in real-time.
The global location-based services market size grew from $70.27 billion in 2022 to $88.42 billion in 2023 at a compound annual growth rate (CAGR) of 25.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The location-based services market size is expected to grow to $226.16 billion in 2027 at a CAGR of 26.5%.
Read More On The Location Based Services Market Report Here:
https://www.thebusinessresearchcompany.com/report/location-based-services-global-market-report
Major competitors in the Location Based Services market include Apple Inc., Cisco Systems, Inc., Google LLC, Intel Corporation, Ericsson, Microsoft Corporation, Oracle Corporation, Qualcomm Inc., Navigine, IBM, CommScope, HERE, ALE International SAS, AT&T Inc., AiRISTA Flow, Quuppa, and NTT Docomo.
The Location Based Services market is segmented -
By Component: Platform, Hardware, Services
By Location Type: Indoor, Outdoor
By Technology: GPS, Assisted GPS (A-GPS), Enhanced GPS (E-GPS), Enhanced observed time difference (E-OTD), Observed Time Difference, Cell ID, Wi-Fi, Other Technologies
By Application: Location-based Advertising, Business Intelligence And Analytics, Fleet Management, Mapping And Navigation, Social Networking And Entertainment, Proximity Marketing, Asset Tracking, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Location Based Services market.
Request A Free Sample Of The Location Based Services Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5865&type=smp
The location-based services refer to software-based services for mobile devices that are to provide information on a location. These services are based on the location of a mobile user as determined by the device's geographical location and use real-time geodata from a smartphone to provide information, entertainment, or security. Location-based services use the device location for the information and are applicable in areas such as directions, local advertisements, and local news.
The Table Of Content For The Location Based Services Market Include:
1. Executive Summary
2. Location Based Services Market Characteristics
3. Location Based Services Market Trends And Strategies
4. Location Based Services Market - Macro Economic Scenario
5. Location Based Services Market Size And Growth
……
26. Africa Location Based Services Market
27. Location Based Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Location Based Services Market
29. Location Based Services Market Future Outlook and Potential Analysis
30. Appendix
The "Global Location Based Services Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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