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Sept. 28, 2020, 9:14 a.m. EDT

Global Location Based Services Market World-Wide Industry Trends, Entry Strategies, Regulatory Frameworks and Technologies till 2026

Top Players in Location Based Services Market are Apple Inc., Google Inc., Cisco Systems Inc., Intel Corporation, Qualcomm Inc., Samsung Electronics Co., Ltd., Facebook, IBM Corp, and HERE

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Sep 28, 2020 (The Expresswire) -- The global “ Location Based Services Market ” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled "Location-Based Services (LBS) Market Size, Share and Industry Analysis, By Component (Hardware, Software, Services), By Location Type (Indoor, Outdoor), By Application (Emergency Services, Tracking Services, Navigation Services, Others), By End-User (BFSI, IT and Telecommunications, Retail, Transportation and Logistics, Government, Healthcare and Life Sciences, Manufacturing) and Regional Forecast, 2019-2026". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.

The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also the research report separates the industry based on the Location Based Services Market share, types, applications, growth factor, key players and regions.

Report Highlights:

  • A comprehensive overview of the Location Based Services Market

  • Significant factors boosting, restricting, challenging and providing an opportunity to the market

  • Key insights and major industry developments

  • Significant players functioning in the Location Based Services Market

  • Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others

  • Other market trends

Get a Sample Copy of the Report at - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/101060

List of Top Key Manufacturers for Location Based Services Market:

  • Apple Inc.

  • Google Inc.

  • Cisco Systems Inc.

  • Intel Corporation

  • Qualcomm Inc.

  • Samsung Electronics Co., Ltd.

  • Facebook, IBM Corp

  • HERE

Rapid deployment of smart cities will increase the adoption of location-based services, driving the global location-based services market. The primary focus of these services is to offer visualization, location-based assessment, monitoring in real-time, and tracking. Moreover, location-based devices allow tracking of individuals in places such as operating rooms, fabrication facilities, and emergency wards. Mobile operators provide location information for different services which include analytics, fraud management, and safe authentication. In addition to this, mobile operators are using location information in bulk to improve their network performance. Spurred by these trends, the location-based services market growth is expected to increase in the forecast years. Entertainment channels and social networking sites are the biggest customers of location-based services.

Some of the recent developments by companies are mentioned below:

February 2019: HERE Technologies signed an agreement with Volvo Car Group to offer onboard cloud services to help Volvo enhance the driver experience and vehicle performance.

June 2019: Google announced the launch of auto delete control for location history on Android and iOS, allowing users to delete the location data after some time.

Some of the Key Questions Answered in this Report:

  • Detailed Overview of Location Based Services Market will help deliver clients and businesses making strategies.

  • Influencing factors that are thriving demand and latest trends running in the market.

  • Location Based Services Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.

  • What trends, challenges and barriers will impact the development and sizing of the Global Location Based Services Market?

  • SWOT Analysis of each defined key players along with its profile and Porter’s five forces analysis to compliment the same.

  • What is the Location Based Services Market growth momentum or market carries during the forecast period?

  • Which region may tap the highest market share in the coming era?

  • Which application/end-user category or Product Type may seek incremental growth prospects?

  • What focused approach and constraints are holding the Location Based Services Market demand?

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