Location-Based Services Market Size, Trends, Growth Status, Share, Regional Analysis and Forecast 2023 to 2031

Astute Analytica’s Location-Based Services Market research study offers a thorough industry analysis, including important factors like industry size, market share, and main players.  

The global location-based services market generated a revenue of US$ 56,578.1 million in 2022 and it is estimated to reach a valuation of US$ 3,73,382.5 million by 2031 at a CAGR of 24.2% during the forecast period, 2023–2031.

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The Location-Based Services Market study thoroughly analyzes major competitors in the industry. This analysis takes into account a wide range of variables, such as the rivals’ strategies, the target market, the sales unit, the cost of production, the distribution routes, and numerous growth drivers. Additionally included are the company’s position in the industry, its financial situation, its size, its market share, and its product line.  

List of Key Players

  • Apple Inc.
  • AT&T Inc.
  • Bharti Airtel Limited
  • Cisco Systems, Inc.
  • ESRI
  • Google LLC
  • HERE Technologies
  • IBM Cooperation
  • Microsoft Cooperation
  • Oracle Cooperation
  • Qualcomm Technologies, Inc.
  • TomTom N.V.
  • Zebra Technologies
  • Other Prominent Players

The analysis contains estimates, benchmarking, business shares, and current market trends. A competitive analysis and a thorough assessment of sustainability initiatives and their effects on market growth and competitiveness are also included in the report. Data triangulation was employed to assess the market from several perspectives. In order to make sure that our market estimates are as precise and trustworthy as possible, we employ a thorough, iterative research methodology. 

The research presents how COVID-19 has affected various regional areas and provides information on market segmentation in the sector by Components, Location Type, Technology, End User, Region, and application. This study is an excellent tool for learning more about the Market. This research offers insightful information about the market’s current state and its prospects going forward until 2033. 

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Segmentation Outline

By Components

  • Solutions
    • Location Intelligence Solutions
    • Location-powered Mobile Applications
    • Location-based Messaging
  • Services
    • Professional
    • Managed

By Location Type

  • Indoor
  • Outdoor

By Technology

  • Global Positioning System (GPS)
  • Global Navigation Satellite System (GNSS)
  • Wi-Fi
  • Cellular ID
  • Bluetooth beacons
  • Others

By Application

  • Inventory Monitoring
  • Mapping & GIS
  • Asset Tracking
  • Proximity Marketing
  • Social Networking
  • Fleet Management
  • Navigation
    • Smart Parking
    • Route Planning
  • Business Intelligence & Analytics

By End User

  • BFSI
  • Manufacturing
  • Retail
  • Healthcare & Life Science
  • IT & Telecom
  • Hospitality
  • Transportation & Logistics
  • Government
  • Media & Entertainment
  • Aerospace & Défense
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Poland
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia & New Zealand
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

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About Astute Analytica: 
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe. 

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us. 

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