Location-Based Services (LBS) Market Size to Grow by USD 159.19 billion at a CAGR of 26.84% - Technavio

NEW YORK, July 15, 2022 /PRNewswire/ -- The latest market analysis report titled Location-Based Services Market by Type and Geography - Forecast and Analysis 2022-2026 has been added to Technavio's catalog. Location-based services (LBS) are part of a software application that uses location data for IP-capable mobile devices to trace where the mobile device is located. The analysts at Technavio have categorized the global location-based services (LBS) market as a part of the global communications equipment market. 49% of the market's growth will originate from North America with the US  emerging as the is the key revenue-generating economy. The increasing use of indoor LBS solutions in the retail sector will fuel the LBS market growth in the forthcoming years. In terms of the highest revenue-contributing segment, the outdoor type segment held the largest LBS market share. The segment will continue to account for the highest growth throughout the forecast period. The increasing applications of outdoor LBS in industries such as manufacturing, oil and gas, defense, and insurance will drive the segment growth in the coming years.

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• The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The vendors are deploying growth strategies such as technological innovation to compete in the market.
• Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Advertisers are using LBS to reach out to a specific target audience. They prefer LBS over traditional media as the former is more cost-effective in terms of advertising. 
• To make the most of the opportunities and recover from the post-pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
• The location-based services (LBS) market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Top Location-based Services Market Players Include:

• AiRISTA Flow Inc.
• Alphabet Inc.
• Apple Inc.
• AT and T Inc.
• CenTrak Inc.
• Cisco Systems Inc.
• Emanate Wireless
• Esri
• Foursquare
• General Electric Co.
• HERE Global BV
• Hewlett Packard Enterprise Co.
• International Business Machines Corp.
• Microsoft Corp.
• Oracle Corp.
• Qualcomm Inc.
• Siemens AG
• Telefonaktiebolaget LM Ericsson
• Zebra Technologies Corp.
• Ziff Davis Inc.

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Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The location-based services (lbs) market report covers the following areas:

• Location-Based Services (LBS) Market Size
• Location-Based Services (LBS) Market Trends
• Location-Based Services (LBS) Market Industry Analysis

• Which is the latest market trend taking the market by the storm?
• What are some of the most influential market drivers, restraints, and opportunities (DROs)?
• What are the historical and projected revenue values and CAGR percentage?
• Which strategic initiatives will influence competitive scenarios and define the market growth potential?
• Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
• Who are the top market share contributors and their latest organizational restructuring plans?

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1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary ? Chart on Market Overview
• Exhibit 02: Executive Summary ? Data Table on Market Overview
• Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
• Exhibit 04: Executive Summary ? Chart on Market by Geography
• Exhibit 05: Executive Summary ? Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary ? Chart on Incremental Growth
• Exhibit 07: Executive Summary ? Data Table on Incremental Growth
• Exhibit 08: Executive Summary ? Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers ? Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers ? Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants ? Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes ? Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry ? Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Outdoor - Market size and forecast 2021-2026
• Exhibit 28: Chart on Outdoor - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Outdoor - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Outdoor - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Outdoor - Year-over-year growth 2021-2026 (%)

• 5.4 Indoor - Market size and forecast 2021-2026
• Exhibit 32: Chart on Indoor - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Indoor - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Indoor - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Indoor - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Type
• Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 UK - Market size and forecast 2021-2026
• Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.12 Japan - Market size and forecast 2021-2026
• Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Alphabet Inc.
• Exhibit 89: Alphabet Inc. - Overview
• Exhibit 90: Alphabet Inc. - Business segments
• Exhibit 91: Alphabet Inc. - Key news
• Exhibit 92: Alphabet Inc. - Key offerings
• Exhibit 93: Alphabet Inc. - Segment focus

• 10.4 Apple Inc.
• Exhibit 94: Apple Inc. - Overview
• Exhibit 95: Apple Inc. - Business segments
• Exhibit 96: Apple Inc. - Key news
• Exhibit 97: Apple Inc. - Key offerings
• Exhibit 98: Apple Inc. - Segment focus

• 10.5 AT and T Inc.
• Exhibit 99: AT and T Inc. - Overview
• Exhibit 100: AT and T Inc. - Business segments
• Exhibit 101: AT and T Inc. - Key offerings
• Exhibit 102: AT and T Inc. - Segment focus

• 10.6 Esri
• Exhibit 103: Esri - Overview
• Exhibit 104: Esri - Product / Service
• Exhibit 105: Esri - Key offerings

• 10.7 Foursquare
• Exhibit 106: Foursquare - Overview
• Exhibit 107: Foursquare - Product / Service
• Exhibit 108: Foursquare - Key offerings

• 10.8 HERE Global BV
• Exhibit 109: HERE Global BV - Overview
• Exhibit 110: HERE Global BV - Product / Service
• Exhibit 111: HERE Global BV - Key offerings

• 10.9 International Business Machines Corp.
• Exhibit 112: International Business Machines Corp. - Overview
• Exhibit 113: International Business Machines Corp. - Business segments
• Exhibit 114: International Business Machines Corp. - Key offerings
• Exhibit 115: International Business Machines Corp. - Segment focus

• 10.10 Microsoft Corp.
• Exhibit 116: Microsoft Corp. - Overview
• Exhibit 117: Microsoft Corp. - Business segments
• Exhibit 118: Microsoft Corp. - Key news
• Exhibit 119: Microsoft Corp. - Key offerings
• Exhibit 120: Microsoft Corp. - Segment focus

• 10.11 Telefonaktiebolaget LM Ericsson
• Exhibit 121: Telefonaktiebolaget LM Ericsson - Overview
• Exhibit 122: Telefonaktiebolaget LM Ericsson - Business segments
• Exhibit 123: Telefonaktiebolaget LM Ericsson - Key news
• Exhibit 124: Telefonaktiebolaget LM Ericsson - Key offerings
• Exhibit 125: Telefonaktiebolaget LM Ericsson - Segment focus

• 10.12 Zebra Technologies Corp.
• Exhibit 126: Zebra Technologies Corp. - Overview
• Exhibit 127: Zebra Technologies Corp. - Business segments
• Exhibit 128: Zebra Technologies Corp. - Key news
• Exhibit 129: Zebra Technologies Corp. - Key offerings
• Exhibit 130: Zebra Technologies Corp. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 131: Inclusions checklist
• Exhibit 132: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 133: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 134: Research methodology
• Exhibit 135: Validation techniques employed for market sizing
• Exhibit 136: Information sources

• 11.5 List of abbreviations
• Exhibit 137: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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