The Business Research Company’s Location Based Services Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Location Based Services Global Market Report 2023 evaluates location based services market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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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%.
The location based services market segments in the report are:
1) Location Based Services Market By Component:
Platform
Hardware
Services
2) Location Based Services Market By Location Type:
Indoor
Outdoor
3) Location Based Services Market 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
4) Location Based Services Market By Application:
Location-based Advertising
Business Intelligence And Analytics
Fleet Management
Mapping And Navigation
Social Networking And Entertainment
Proximity Marketing
Asset Tracking
Other Applications
North America was the largest region in the location-based services market in 2022.
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The table of contents in TBRC’s location based services market report includes:
- Executive Summary
- Location-Based Services Market Characteristics
- Location-Based Services Market Trends And Strategies
- Location-Based Services Market – Macro Economic Scenario
- Location-Based Services Market Size And Growth
.....
- Africa Location-Based Services Market
- Location-Based Services Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Location-Based Services Market
- Location-Based Services Market Future Outlook and Potential Analysis
- Appendix
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