The Location-based Services (LBS) Market is expected to register a CAGR of 24.2% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented based on Component (Hardware, Software, Services), Location Type (Outdoor, Indoor), Technology (Assisted GPS), and Application (Advertising, Business Intelligence, and Analytics, Disaster Management, Emergency Support, Social Networking Entertainment, Mapping and Navigation, Others). The global analysis is further broken down at the regional level and major countries.
Purpose of the ReportThe report Location-based Services (LBS) Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Location-based Services (LBS) Market Segmentation
Component- Hardware
- Software
- Services
- Outdoor
- Indoor
- Assisted GPS
- Advertising
- Business Intelligence and Analytics
- Disaster Management
- Emergency Support
- Social Networking and Entertainment
- Mapping and Navigation
- Others
Strategic Insights
Location-based Services (LBS) Market Growth Drivers- Increasing Smartphone Penetration and Data Usage: The widespread adoption of smartphones and the increasing availability of cheap data plans have contributed a lot to the growth of LBS. Smartphones equipped with GPS technology allow access to a wide range of location-based services, including navigation and mapping, social media, and e-commerce.
- Advancements in Location-Based Technologies: Continuous location-based technological improvements in technologies, especially in GPS, Wi-Fi, and Bluetooth technologies enhance LBS precision and accuracy. The latest LBS location-based technology, that was made possible, is now developed into much more sophisticated, localized, and personalized applications.
- Rising Demand for Real-Time Data and Analytics: Across industries, businesses are growingly realizing the value of real-time data and analytics derived from location-based services. This can be put to use to optimize operational efficiency, enhance customer experiences, and make data-driven decisions.
- Increasing use of IoT and smart devices: IoT and the increasing use of connected devices have opened new avenues for LBS. The business can integrate location data with other IoT streams to gain meaningful information and develop innovative location-based services.
- Hyperlocal services and personal experiences: LBS have been increasingly emphasizing hyperlocal services, providing location-specific recommendations and offers according to the preferences of local users. This is propelled by the demand for more personal experiences and because LBS systems are capable of delivering highly targeted content.
- Augmented Reality (AR) and Virtual Reality (VR) Integration: AR and VR technologies are being integrated into LBS to create immersive and interactive experiences. For example, AR can overlay digital information onto the real world, providing real-time directions and recommendations. VR can transport users to virtual environments, enabling virtual tours and simulations.
- The IoT and smart cities: Integration of LBS has unlocked a whole new horizon of possibilities by bringing IoT devices and smart city infrastructure into LBS. The ability to integrate location data with sensor data from other devices opens new doors for optimizing resource allocation, traffic management, and public safety in business and cities.
- Privacy and Security Concerns: As LBS collect and process sensitive location data, privacy and security concerns are becoming increasingly important. Industry players are responding to these concerns by developing robust security measures and clear data practices that protect user privacy and build trust.
- Enhanced Customer Experience: LBS can significantly enhance customer experiences by providing personalized recommendations, real-time offers, and targeted marketing campaigns. For example, a retail store can use the customer location data to send specific promotions to shoppers in the area, thus increasing foot traffic and sales.
- Optimized Operations and Logistics: LBS can help companies optimize their operations and logistics. Real-time location of assets and personnel improves the efficiency of the operation while reducing costs and enabling data-driven decision-making. For example, delivery companies can make optimum use of GPS tracking in their routes to deliver products quickly and within time.
- Innovative city planning and development: LBS is a crucial component in the initiation of smart cities and can really help with the efficient urban planning and development system. Location data could be used to identify traffic congestion spots, optimize public transportation routes, and balance resources.
- Emerging Industries and Applications: LBS is finding applications in a wide range of emerging industries, such as health care, agriculture, and tourism. For example, health care providers can make use of location data for tracking patient movements and hence improve emergency response times. For agriculture, LBS can help optimize crop yields and monitor the soil conditions.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Location-based Services (LBS) Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Location-based Services (LBS) Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The leading players of the Location-based Services (LBS) market are:, AT and T Inc. Cisco Systems, Inc., Google LLC, HERE Global B.V., Hewlett Packard Enterprise Development LP, IBM Corporation, Intel Corporation, Quuppa Oy, Telefonaktiebolaget LM Ericsson
The Location-based Services (LBS) market is expected to grow at a CAGR of 24.2% between 2023-2031
The future trends of the Location-based Services (LBS) Market are: Hyperlocal services and personal experiences, Augmented Reality (AR) and Virtual Reality (VR) Integration, The IoT and smart cities, Privacy and Security Concerns
The driving factors impacting the Location-based Services (LBS) Market are: Increasing Smartphone Penetration and Data Usage, Advancements in Location-Based Technologies, Rising Demand for Real-Time Data and Analytics
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Location-based Services Market - By Component
1.3.2 Location-based Services Market - By Location Type
1.3.3 Location-based Services Market - By Technology
1.3.4 Location-based Services Market - By Application
1.3.5 Location-based Services Market - By End User
1.3.6 Location-based Services Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LOCATION-BASED SERVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. LOCATION-BASED SERVICES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. LOCATION-BASED SERVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. LOCATION-BASED SERVICES - GLOBAL MARKET OVERVIEW
6.2. LOCATION-BASED SERVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. LOCATION-BASED SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE
7.3.1. Overview
7.3.2. Hardware Market Forecast and Analysis
7.4. SOFTWARE
7.4.1. Overview
7.4.2. Software Market Forecast and Analysis
7.4.3. Location and Predictive Analytics Market
7.4.3.1. Overview
7.4.3.2. Location and Predictive Analytics Market Forecast and Analysis
7.4.4. Geocoding and Reverse Geocoding Market
7.4.4.1. Overview
7.4.4.2. Geocoding and Reverse Geocoding Market Forecast and Analysis
7.4.5. Reporting and Visualization Market
7.4.5.1. Overview
7.4.5.2. Reporting and Visualization Market Forecast and Analysis
7.4.6. Database Management and Spatial ETL Market
7.4.6.1. Overview
7.4.6.2. Database Management and Spatial ETL Market Forecast and Analysis
7.4.7. Market
7.4.7.1. Overview
7.4.7.2. Market Forecast and Analysis
7.5. SERVICES
7.5.1. Overview
7.5.2. Services Market Forecast and Analysis
7.5.3. Deployment and Integration Market
7.5.3.1. Overview
7.5.3.2. Deployment and Integration Market Forecast and Analysis
7.5.4. Application Support and Maintenance Market
7.5.4.1. Overview
7.5.4.2. Application Support and Maintenance Market Forecast and Analysis
8. LOCATION-BASED SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - LOCATION TYPE
8.1. OVERVIEW
8.2. LOCATION TYPE MARKET FORECASTS AND ANALYSIS
8.3. OUTDOOR
8.3.1. Overview
8.3.2. Outdoor Market Forecast and Analysis
8.4. INDOOR
8.4.1. Overview
8.4.2. Indoor Market Forecast and Analysis
9. LOCATION-BASED SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
9.1. OVERVIEW
9.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
9.3. ASSISTED GPS (A-GPS)
9.3.1. Overview
9.3.2. Assisted GPS (A-GPS) Market Forecast and Analysis
9.4. GPS
9.4.1. Overview
9.4.2. GPS Market Forecast and Analysis
9.5. ENHANCED GPS (E-GPS)
9.5.1. Overview
9.5.2. Enhanced GPS (E-GPS) Market Forecast and Analysis
9.6. ENHANCED OBSERVED TIME DIFFERENCE (E-OTD)
9.6.1. Overview
9.6.2. Enhanced Observed Time Difference (E-OTD) Market Forecast and Analysis
9.7. OBSERVED TIME DIFFERENCE (OTD)
9.7.1. Overview
9.7.2. Observed Time Difference (OTD) Market Forecast and Analysis
9.8. CELL ID
9.8.1. Overview
9.8.2. Cell ID Market Forecast and Analysis
9.9. WI-FI
9.9.1. Overview
9.9.2. Wi-Fi Market Forecast and Analysis
10. LOCATION-BASED SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
10.1. OVERVIEW
10.2. APPLICATION MARKET FORECASTS AND ANALYSIS
10.3. ADVERTISING
10.3.1. Overview
10.3.2. Advertising Market Forecast and Analysis
10.4. BUSINESS INTELLIGENCE AND ANALYTICS
10.4.1. Overview
10.4.2. Business Intelligence and Analytics Market Forecast and Analysis
10.5. DISASTER MANAGEMENT
10.5.1. Overview
10.5.2. Disaster Management Market Forecast and Analysis
10.6. EMERGENCY SUPPORT
10.6.1. Overview
10.6.2. Emergency Support Market Forecast and Analysis
10.7. SOCIAL NETWORKING AND ENTERTAINMENT
10.7.1. Overview
10.7.2. Social Networking and Entertainment Market Forecast and Analysis
10.8. MAPPING AND NAVIGATION
10.8.1. Overview
10.8.2. Mapping and Navigation Market Forecast and Analysis
10.9. OTHERS
10.9.1. Overview
10.9.2. Others Market Forecast and Analysis
11. LOCATION-BASED SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - END USER
11.1. OVERVIEW
11.2. END USER MARKET FORECASTS AND ANALYSIS
11.3. MANUFACTURING AND RETAIL
11.3.1. Overview
11.3.2. Manufacturing and Retail Market Forecast and Analysis
11.4. MEDIA AND ENTERTAINMENT
11.4.1. Overview
11.4.2. Media and Entertainment Market Forecast and Analysis
11.5. GOVERNMENT AND PUBLIC UTILITIES
11.5.1. Overview
11.5.2. Government and Public Utilities Market Forecast and Analysis
11.6. TRANSPORTATION AND LOGISTICS
11.6.1. Overview
11.6.2. Transportation and Logistics Market Forecast and Analysis
11.7. HEALTHCARE
11.7.1. Overview
11.7.2. Healthcare Market Forecast and Analysis
11.8. OTHERS
11.8.1. Overview
11.8.2. Others Market Forecast and Analysis
12. LOCATION-BASED SERVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Location-based Services Market Overview
12.1.2 North America Location-based Services Market Forecasts and Analysis
12.1.3 North America Location-based Services Market Forecasts and Analysis - By Component
12.1.4 North America Location-based Services Market Forecasts and Analysis - By Location Type
12.1.5 North America Location-based Services Market Forecasts and Analysis - By Technology
12.1.6 North America Location-based Services Market Forecasts and Analysis - By Application
12.1.7 North America Location-based Services Market Forecasts and Analysis - By End User
12.1.8 North America Location-based Services Market Forecasts and Analysis - By Countries
12.1.8.1 United States Location-based Services Market
12.1.8.1.1 United States Location-based Services Market by Component
12.1.8.1.2 United States Location-based Services Market by Location Type
12.1.8.1.3 United States Location-based Services Market by Technology
12.1.8.1.4 United States Location-based Services Market by Application
12.1.8.1.5 United States Location-based Services Market by End User
12.1.8.2 Canada Location-based Services Market
12.1.8.2.1 Canada Location-based Services Market by Component
12.1.8.2.2 Canada Location-based Services Market by Location Type
12.1.8.2.3 Canada Location-based Services Market by Technology
12.1.8.2.4 Canada Location-based Services Market by Application
12.1.8.2.5 Canada Location-based Services Market by End User
12.1.8.3 Mexico Location-based Services Market
12.1.8.3.1 Mexico Location-based Services Market by Component
12.1.8.3.2 Mexico Location-based Services Market by Location Type
12.1.8.3.3 Mexico Location-based Services Market by Technology
12.1.8.3.4 Mexico Location-based Services Market by Application
12.1.8.3.5 Mexico Location-based Services Market by End User
12.2. EUROPE
12.2.1 Europe Location-based Services Market Overview
12.2.2 Europe Location-based Services Market Forecasts and Analysis
12.2.3 Europe Location-based Services Market Forecasts and Analysis - By Component
12.2.4 Europe Location-based Services Market Forecasts and Analysis - By Location Type
12.2.5 Europe Location-based Services Market Forecasts and Analysis - By Technology
12.2.6 Europe Location-based Services Market Forecasts and Analysis - By Application
12.2.7 Europe Location-based Services Market Forecasts and Analysis - By End User
12.2.8 Europe Location-based Services Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Location-based Services Market
12.2.8.1.1 Germany Location-based Services Market by Component
12.2.8.1.2 Germany Location-based Services Market by Location Type
12.2.8.1.3 Germany Location-based Services Market by Technology
12.2.8.1.4 Germany Location-based Services Market by Application
12.2.8.1.5 Germany Location-based Services Market by End User
12.2.8.2 France Location-based Services Market
12.2.8.2.1 France Location-based Services Market by Component
12.2.8.2.2 France Location-based Services Market by Location Type
12.2.8.2.3 France Location-based Services Market by Technology
12.2.8.2.4 France Location-based Services Market by Application
12.2.8.2.5 France Location-based Services Market by End User
12.2.8.3 Italy Location-based Services Market
12.2.8.3.1 Italy Location-based Services Market by Component
12.2.8.3.2 Italy Location-based Services Market by Location Type
12.2.8.3.3 Italy Location-based Services Market by Technology
12.2.8.3.4 Italy Location-based Services Market by Application
12.2.8.3.5 Italy Location-based Services Market by End User
12.2.8.4 United Kingdom Location-based Services Market
12.2.8.4.1 United Kingdom Location-based Services Market by Component
12.2.8.4.2 United Kingdom Location-based Services Market by Location Type
12.2.8.4.3 United Kingdom Location-based Services Market by Technology
12.2.8.4.4 United Kingdom Location-based Services Market by Application
12.2.8.4.5 United Kingdom Location-based Services Market by End User
12.2.8.5 Russia Location-based Services Market
12.2.8.5.1 Russia Location-based Services Market by Component
12.2.8.5.2 Russia Location-based Services Market by Location Type
12.2.8.5.3 Russia Location-based Services Market by Technology
12.2.8.5.4 Russia Location-based Services Market by Application
12.2.8.5.5 Russia Location-based Services Market by End User
12.2.8.6 Rest of Europe Location-based Services Market
12.2.8.6.1 Rest of Europe Location-based Services Market by Component
12.2.8.6.2 Rest of Europe Location-based Services Market by Location Type
12.2.8.6.3 Rest of Europe Location-based Services Market by Technology
12.2.8.6.4 Rest of Europe Location-based Services Market by Application
12.2.8.6.5 Rest of Europe Location-based Services Market by End User
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Location-based Services Market Overview
12.3.2 Asia-Pacific Location-based Services Market Forecasts and Analysis
12.3.3 Asia-Pacific Location-based Services Market Forecasts and Analysis - By Component
12.3.4 Asia-Pacific Location-based Services Market Forecasts and Analysis - By Location Type
12.3.5 Asia-Pacific Location-based Services Market Forecasts and Analysis - By Technology
12.3.6 Asia-Pacific Location-based Services Market Forecasts and Analysis - By Application
12.3.7 Asia-Pacific Location-based Services Market Forecasts and Analysis - By End User
12.3.8 Asia-Pacific Location-based Services Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Location-based Services Market
12.3.8.1.1 Australia Location-based Services Market by Component
12.3.8.1.2 Australia Location-based Services Market by Location Type
12.3.8.1.3 Australia Location-based Services Market by Technology
12.3.8.1.4 Australia Location-based Services Market by Application
12.3.8.1.5 Australia Location-based Services Market by End User
12.3.8.2 China Location-based Services Market
12.3.8.2.1 China Location-based Services Market by Component
12.3.8.2.2 China Location-based Services Market by Location Type
12.3.8.2.3 China Location-based Services Market by Technology
12.3.8.2.4 China Location-based Services Market by Application
12.3.8.2.5 China Location-based Services Market by End User
12.3.8.3 India Location-based Services Market
12.3.8.3.1 India Location-based Services Market by Component
12.3.8.3.2 India Location-based Services Market by Location Type
12.3.8.3.3 India Location-based Services Market by Technology
12.3.8.3.4 India Location-based Services Market by Application
12.3.8.3.5 India Location-based Services Market by End User
12.3.8.4 Japan Location-based Services Market
12.3.8.4.1 Japan Location-based Services Market by Component
12.3.8.4.2 Japan Location-based Services Market by Location Type
12.3.8.4.3 Japan Location-based Services Market by Technology
12.3.8.4.4 Japan Location-based Services Market by Application
12.3.8.4.5 Japan Location-based Services Market by End User
12.3.8.5 South Korea Location-based Services Market
12.3.8.5.1 South Korea Location-based Services Market by Component
12.3.8.5.2 South Korea Location-based Services Market by Location Type
12.3.8.5.3 South Korea Location-based Services Market by Technology
12.3.8.5.4 South Korea Location-based Services Market by Application
12.3.8.5.5 South Korea Location-based Services Market by End User
12.3.8.6 Rest of Asia-Pacific Location-based Services Market
12.3.8.6.1 Rest of Asia-Pacific Location-based Services Market by Component
12.3.8.6.2 Rest of Asia-Pacific Location-based Services Market by Location Type
12.3.8.6.3 Rest of Asia-Pacific Location-based Services Market by Technology
12.3.8.6.4 Rest of Asia-Pacific Location-based Services Market by Application
12.3.8.6.5 Rest of Asia-Pacific Location-based Services Market by End User
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Location-based Services Market Overview
12.4.2 Middle East and Africa Location-based Services Market Forecasts and Analysis
12.4.3 Middle East and Africa Location-based Services Market Forecasts and Analysis - By Component
12.4.4 Middle East and Africa Location-based Services Market Forecasts and Analysis - By Location Type
12.4.5 Middle East and Africa Location-based Services Market Forecasts and Analysis - By Technology
12.4.6 Middle East and Africa Location-based Services Market Forecasts and Analysis - By Application
12.4.7 Middle East and Africa Location-based Services Market Forecasts and Analysis - By End User
12.4.8 Middle East and Africa Location-based Services Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Location-based Services Market
12.4.8.1.1 South Africa Location-based Services Market by Component
12.4.8.1.2 South Africa Location-based Services Market by Location Type
12.4.8.1.3 South Africa Location-based Services Market by Technology
12.4.8.1.4 South Africa Location-based Services Market by Application
12.4.8.1.5 South Africa Location-based Services Market by End User
12.4.8.2 Saudi Arabia Location-based Services Market
12.4.8.2.1 Saudi Arabia Location-based Services Market by Component
12.4.8.2.2 Saudi Arabia Location-based Services Market by Location Type
12.4.8.2.3 Saudi Arabia Location-based Services Market by Technology
12.4.8.2.4 Saudi Arabia Location-based Services Market by Application
12.4.8.2.5 Saudi Arabia Location-based Services Market by End User
12.4.8.3 U.A.E Location-based Services Market
12.4.8.3.1 U.A.E Location-based Services Market by Component
12.4.8.3.2 U.A.E Location-based Services Market by Location Type
12.4.8.3.3 U.A.E Location-based Services Market by Technology
12.4.8.3.4 U.A.E Location-based Services Market by Application
12.4.8.3.5 U.A.E Location-based Services Market by End User
12.4.8.4 Rest of Middle East and Africa Location-based Services Market
12.4.8.4.1 Rest of Middle East and Africa Location-based Services Market by Component
12.4.8.4.2 Rest of Middle East and Africa Location-based Services Market by Location Type
12.4.8.4.3 Rest of Middle East and Africa Location-based Services Market by Technology
12.4.8.4.4 Rest of Middle East and Africa Location-based Services Market by Application
12.4.8.4.5 Rest of Middle East and Africa Location-based Services Market by End User
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Location-based Services Market Overview
12.5.2 South and Central America Location-based Services Market Forecasts and Analysis
12.5.3 South and Central America Location-based Services Market Forecasts and Analysis - By Component
12.5.4 South and Central America Location-based Services Market Forecasts and Analysis - By Location Type
12.5.5 South and Central America Location-based Services Market Forecasts and Analysis - By Technology
12.5.6 South and Central America Location-based Services Market Forecasts and Analysis - By Application
12.5.7 South and Central America Location-based Services Market Forecasts and Analysis - By End User
12.5.8 South and Central America Location-based Services Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Location-based Services Market
12.5.8.1.1 Brazil Location-based Services Market by Component
12.5.8.1.2 Brazil Location-based Services Market by Location Type
12.5.8.1.3 Brazil Location-based Services Market by Technology
12.5.8.1.4 Brazil Location-based Services Market by Application
12.5.8.1.5 Brazil Location-based Services Market by End User
12.5.8.2 Argentina Location-based Services Market
12.5.8.2.1 Argentina Location-based Services Market by Component
12.5.8.2.2 Argentina Location-based Services Market by Location Type
12.5.8.2.3 Argentina Location-based Services Market by Technology
12.5.8.2.4 Argentina Location-based Services Market by Application
12.5.8.2.5 Argentina Location-based Services Market by End User
12.5.8.3 Rest of South and Central America Location-based Services Market
12.5.8.3.1 Rest of South and Central America Location-based Services Market by Component
12.5.8.3.2 Rest of South and Central America Location-based Services Market by Location Type
12.5.8.3.3 Rest of South and Central America Location-based Services Market by Technology
12.5.8.3.4 Rest of South and Central America Location-based Services Market by Application
12.5.8.3.5 Rest of South and Central America Location-based Services Market by End User
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. LOCATION-BASED SERVICES MARKET, KEY COMPANY PROFILES
14.1. AT AND T INC.
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. CISCO SYSTEMS, INC.
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. GOOGLE LLC
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. HERE GLOBAL B.V.
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. IBM CORPORATION
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. INTEL CORPORATION
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. QUUPPA OY
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. TELEFONAKTIEBOLAGET LM ERICSSON
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. TRIMBLE INC.
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
The List of Companies
1. AT and T Inc.
2. Cisco Systems, Inc.
3. Google LLC
4. HERE Global B.V.
5. Hewlett Packard Enterprise Development LP
6. IBM Corporation
7. Intel Corporation
8. Quuppa Oy
9. Telefonaktiebolaget LM Ericsson
10. Trimble Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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