Location Based Service Market 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Location Based Service Market 2018 Location Based Service Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 With the advancements in the area of mobile communication, there is a rapid rise in the adoption of location based services. A location based service is an application which is capable of enable users’ access to services based on their real time locations. Some of them include search, navigation, tracking and many more. Location based service uses real-time location information of users with the help of their mobile devices to provide services nearby the user such as entertainment, information and many more. Location based services can be used in several perspectives such as health related, financial or other user interests. For instance, location based services can help in finding services such as the nearest ATM or tracking the location of delivery vehicle.
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Location Based Service Market 2018 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Location Based Service Market Research Report - Global Forecast 2023” Individual users can take advantage of location based services through location based search, location based gaming and also helps in providing navigational services. For enterprises, location based services are helpful in deploying mobile workforce management, asset tracking management, logistics optimization through selection of optimal routes, and location based advertising based on target segment. The global location based services market is estimated to grow up to USD 80 Billion by 2023 with approximate CAGR of 28 % during forecast period 2017 to 2023.
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Location Based Service Market 2018 Market Segmentation The market for global Location Based Service Market is segmented on the basis of location type, component, application, end-users, and region. On the basis of location type, the segment is further classified into indoor location and outdoor location. On the basis of component, the segment hardware, software, and services. The hardware segment is further divided into sensors and readers, tags and transponders and others. The software segment is further classified into location analytics, geocoding and reverse geocoding, reporting and visualization, risk analytics, and many others. The services can be classified into deployment and integration, support and maintenance and consulting services. Location based services can be used in various applications such as location based navigation, location based search and advertising, location based tracking, location based infotainment and others. The end-user industries of location based services are BFSI, retail, Defense, government, media & entertainment, industrial manufacturing and many more.
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Location Based Service Market 2018 Application & Major Players in this Research: Location Based Service Market Prominent Players:
Cisco systems (U.S.), Google Inc. (U.S.), IBM Corp. (U.S.), Microsoft Corp. (U.S.), Oracle Corp. (U.S.), Qualcomm (U.S.), ESRI (U.S.), Zebra Technologies (U.S.), Ericsson (Sweden.), Teldio (U.S.) among others. Request a Sample Report @ https:// www.marketresearchfuture.com/sample_request/5439
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Location Based Service Market 2018 Location Based Service Market Competitive Analysis Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: Acuity Brands, Inc., an electronics manufacturing company, is offering end to end indoor positioning services which are based on IoT platform. The solution from Acuity helps organizations to enhance their business operations by providing customer interaction. In future, Blockchain technology is about to enhance location-based advertising. Block chain technology acts as monetary reward which can be customized as per the requirements in location based service, which can be used for targeting specific group.
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