Location-Based Services Market Size, Trends & Analysis - Forecasts to 2026
Location-based services provide an extensive range of opportunities due to their capability to provide information based on a particular location. LBS practice real time location monitoring system to help keep track of the geographical location of the desired place. COVID-19 has affected the market and has been witnessing a perpetual sag in the growth as processes were suspended in varied enterprises due to global lockdown, yet it is prophesied to obtain an excellent rise in the outlook time.
According to the analysis conducted by GME, the Location-Based Services Market is intimated to depict a pre-eminent accretion of 17.1% during the forecast period (2020-2026).
strict government laws and regulations are the primary impediments of the market whereas, an increase in social media applications, a rise in smartphone usage, demand for location-based applications are the drivers accentuating the global market.
Browse 163 Market Data Tables and 117Figures spread
through 194Pages on "Location-Based Services Market - Forecasts to
2026" https://www.globalmarketestimates.com/market-report/location-based-services-market-2503
By Type of Components (Platform, Hardware, and Services [Deployment & Integration, Application Support & Maintenance, and Consulting & Training]), By Type of Location (Indoor and Outdoor), By Type of Application (Tracking & Navigation, Marketing & Advertising, Location-based Social Networks, Location-based Health Monitoring, and Others [location-based gaming and emergency support]), By Type of Vertical (Transportation & Logistics, Retail, Government, Tourism & Hospitality, Manufacturing, Healthcare & Life Sciences, Media & Entertainment, and Others [Energy & Utilities, BFSI, Telecom, and Education]), By Type of Region (NA [North America], Europe, APAC [Asia Pacific], MEA [the Middle East & Africa], and CSA [Central & South America]), End-User Landscape, Vendor Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights:
· The location-based servicesproducts market will show tremendous growth with a CAGR value of 17.1% during 2020-2026.
· Sevicesareseen to dominate themarket from 2020 to 2026.
· Healthcare & life sciencesiswitnessed to rise at a significant rise in CAGR% in thelocation-based services market.
· Amongst all the regions across the globe, APAC is expected to have the highest growth over the coming years.
Aruba Networks, Cisco, Google, Esri, IBM, Microsoft, Oracle, TomTom, Teldio, HERE, Ericsson, Foursquare, Navigine, AiRISTA Flow, Quuppa, Ubisense, Apple, Qualcomm, and other industries are the dominant players in the global location-based services market.
Browse the location-based servicesmarket report @ https://www.globalmarketestimates.com/market-report/location-based-services-market-2503
· Type of ComponentsOutlook (Revenue, USD Million, 2020 - 2026)
· Hardware
· Services
· Deployment and Integration
· Application Support and Maintenance
· Consulting and Training
· Type of Location Outlook (Revenue, USD Million, 2020 - 2026)
· Indoor
· Outdoor
· Type of Application Outlook (Revenue, USD Million, 2020 - 2026)
· Tracking and Navigation
· Marketing and Advertising
· Location-based Social Networks
· Location-based Health Monitoring
· Others (Location-Based Gaming and Emergency Support)
· Type of Vertical Outlook (Revenue, USD Million, 2020 - 2026)
· Transportation and Logistics
· Retail
· Government
· Tourism and Hospitality
· Manufacturing
· Healthcare and Life Sciences
· Media and Entertainment
· Others (Energy and Utilities, Banking, Financial Services and Insurance [BFSI], Telecom, and Education)
· Regional Outlook (Revenue, USD Million, 2020 - 2026)
· North America
· The U.S.
· Canada
· Mexico
· Europe
· Germany
· UK
· France
· Spain
· Italy
· Rest of Europe
· Asia Pacific
· China
· India
· Japan
· South Korea
· Australia
· Rest of APAC
· Central & South America
· Brazil
· Argentina
· Chile
· Rest of CSA
· Middle East & Africa
· Saudi Arabia
· South Africa
· UAE
· Rest of MEA
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