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Global Location Based Service Market research report location type (indoor, outdoor), component (hardware, software, services), application (navigation, search and advertising, tracking), end-user (BFSI, Defense, healthcare, retail) – Forecast till 2023 With the advancements in the area of mobile communication, there is a rapid rise in the adoption of location based services.
The global location based service market is classified on the basis of component which consists of hardware, software, and services.
Reverse geocoding helps in getting the exact street number which is used in navigation maps.
Get Sample Report @ https://www.marketresearchfuture.com/sample_request/5439Â Location based services can be found in various applications such as advertising, search, tracking and many more.
A recent survey by Cisco, predicts that by 2020 there will be 5.5 billion mobile users which is nearly 70% of the global population.
Google being an open platform is allowing third party developers to design applications based on the user’s interest and their location.