Location Based Services (LBS) Market
Location Based Services (LBS) Market - Global Industry Assessment & Forecast
#
Pages:
167
2022
Aug - 2023
VMR-VMR-2021-0159
Segments Covered
By
Component Hardware, Software, Services
-
By
Location Outdoor, Indoor
-
By
Application Tracking and Navigation, Marketing and Advertising, Location-based Social Networks, Location-based Health Monitoring, Others
-
By
Vertical Retail, Government, Manufacturing, Tourism and Hospitality, Healthcare and Life Sciences, Media and Entertainment, Others
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 43.3 Billion |
 Revenue 2030:
|
USD 244.35 Billion |
 Revenue CAGR
(2023 - 2030): |
24.2% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2017 to 2021 |
| 3. | Forecast Data | 2023 to 2030 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
FAQ
Frequently Asked Question
What is the global demand for Location Based Services (LBS) in terms of revenue?
-
The global Location Based Services (LBS) valued at USD 43.3 Billion in 2022 and is expected to reach USD 244.35 Billion in 2030 growing at a CAGR of 24.2%.
Which are the prominent players in the market?
-
The prominent players in the market are CenTrak (US), Cisco (US), Ericsson (US), ESRI (US), GE Healthcare (US), Google (US), HERE (Netherlands), IBM (US), KDDI (Japan), Leantegra (US), Microsoft (US), Navigine (US), NTT Docomo (Japan), Oracle (US), Qualcomm (US), TeleTracking Technologies (US), MYSPHERA (Spain), Stanley Healthcare (US), Teldio (Canada), TomTom (Netherlands), Ubisense (UK), Zebra Technologies (UK).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 24.2% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Location Based Services (LBS) include
- Emergence of location based technologies
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Location Based Services (LBS) in 2022.
