Increasing shift towards an online platform to fuel demand in the global Location Based Services market. The market has been witnessing the development of new technology. Fortune Business Insights has announced publishing of a report, titled “Location-Based Services Market Size, Industry Share and Growth Rate 2019-2026”.
Browse Complete Report Details: https://www.fortunebusinessinsights.com/industry-reports/location-based-services-market-101060
“Key players are expected to emphasize integrating Artificial Intelligence in the system. This is anticipated to propel the growth in the global Location Based Services market,” said a lead analyst at Fortune Business Insights.
Top Players List:
- Apple Inc.
- Google Inc.
- Cisco Systems Inc.
- Intel Corporation
- Qualcomm Inc.
- Samsung Electronics Co.
- IBM Corp
Integration of internet of things with the system is a major factor anticipated to fuel the demand in the market during the forecast period 2018-2025. Additionally, the rising adoption of e-financial services is expected to boost the global market.
Major Segments Mentioned:
- By Component
- By Location
- By Application
- By end-user industry
- By Geography
On the contrary, high cost associated with upgraded technology is a factor that may restrain the global Location Based Services market.
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
As stated in the report, North America held a significant share in the market in 2017. The region is expected to witness impressive growth during the forecast period. Owing to intense research and development taking place in the region for IoT integration in the system is likely to enable the growth in the region. Besides this, Asia Pacific is expected to witness promising growth owing to the rising adoption of a sedentary lifestyle in nations such as India and China.
The report also offers insights on the key players operating in the global Location Based Services market.
Major Table of Content for Location-Based Services Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global Location-Based Services Market Analysis, Insights and Forecast, 2014-2025
- North America Location Based Services Market Analysis, Insights and Forecast, 2014-2025
- Europe Location Based Services Market Analysis, Insights and Forecast, 2014-2025
- Asia Pacific Location Based Services Market Analysis, Insights and Forecast, 2014-2025
- Middle East and Africa Location Based Services Market Analysis, Insights and Forecast, 2014-2025
- Latin America Location Based Services Market Analysis, Insights and Forecast, 2014-2025
- Competitive Landscape
- Company Profile