Location-Based Services Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Jan 2021
  • Pages: 120
  • SKU: IRTNTR70067
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The location-based services (lbs) market size has the potential to grow by $ 152.95 bn during 2021-2025, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by type (Outdoor and Indoor) and geography (North America, Europe, APAC, South America, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Alibaba Group Holding Ltd., Alphabet Inc., Apple Inc., AT&T Inc., Cisco Systems Inc., Facebook Inc., Foursquare Labs Inc., HERE Global BV, International Business Machines Corp., and Microsoft Corp..

Market Overview

Location-Based-Services-(LBS)-Market-Market-Size-2020-2025

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Market Competitive Analysis

The location-based services (lbs) market is fragmented. Alibaba Group Holding Ltd., Alphabet Inc., Apple Inc., AT&T Inc., Cisco Systems Inc., Facebook Inc., Foursquare Labs Inc., HERE Global BV, International Business Machines Corp., and Microsoft Corp. are some of the major market participants. Factors such as rise in demand for personal and enterprise navigation services will offer immense growth opportunities. However, privacy and security issues may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this location-based services (lbs) market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this location-based services (lbs) market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Alibaba Group Holding Ltd.
  • Alphabet Inc.
  • Apple Inc.
  • AT&T Inc.
  • Cisco Systems Inc.
  • Facebook Inc.
  • Foursquare Labs Inc.
  • HERE Global BV
  • International Business Machines Corp.
  • Microsoft Corp.

Location-Based Services (LBS) Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 31%

Market growth 2021-2025

$ 152.95 billion

Market structure

Fragmented

YoY growth (%)

30.12

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 49%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alibaba Group Holding Ltd., Alphabet Inc., Apple Inc., AT&T Inc., Cisco Systems Inc., Facebook Inc., Foursquare Labs Inc., HERE Global BV, International Business Machines Corp., and Microsoft Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

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Location-Based Services (LBS) Market: Segmentation by Geography

Location-Based-Services-(LBS)-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis regarding the current Global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. The high penetration of mobile computing devices will significantly influence location-based services (lbs) market's growth in this region.

49% of the market’s growth will originate from North America during the forecast period. US | China | Germany | UK | Japan are the key markets for location-based services (lbs) market  in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the location-based services (lbs) market size.

Location-Based Services (LBS) Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive location-based services (lbs) market growth during the next five years
  • Precise estimation of the location-based services (lbs) market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the location-based services (lbs) market industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of location-based services (lbs) market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Outdoor - Market size and forecast 2020-2025
  • Indoor - Market size and forecast 2020-2025
  • Market opportunity by Type

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive landscape

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Alibaba Group Holding Ltd.
  • Alphabet Inc.
  • Apple Inc.
  • AT&T Inc.
  • Cisco Systems Inc.
  • Facebook Inc.
  • Foursquare Labs Inc.
  • HERE Global BV
  • International Business Machines Corp.
  • Microsoft Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The location-based services (lbs) market growth will increase by $152.95 billion during 2020-2025.
The location-based services (lbs) market is expected to grow at a CAGR of 31.04% during 2020-2025.
Technavio has segmented the location-based services (lbs) market by type (Outdoor and Indoor) and geographic (North America, Europe, APAC, South America, and MEA).
Alibaba Group Holding Ltd., Alphabet Inc., Apple Inc., AT&T Inc., Cisco Systems Inc., Facebook Inc., Foursquare Labs Inc., HERE Global BV, International Business Machines Corp., Microsoft Corp. are a few of the key vendors in the location-based services (lbs) market.
North America will register the highest growth rate of 49.04% among the other regions. Therefore, the location-based services (lbs) market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the location-based services (lbs) market growth are:
  • Rise in demand for personal and enterprise navigation services
The location-based services (lbs) market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
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