NEW YORK, Sept. 26, 2023 /PRNewswire/ -- The Enterprise LBS Market report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the enterprise lbs market between 2022 and 2027 is USD 45.23 billion. The increasing focus on proximity marketing drives the enterprise LBS market growth. This strategy is widely used by different enterprises such as retail stores, hotels, and entertainment parks. It is used to improve consumer engagement and build brand equity to strengthen customer loyalty. Marketers can connect with consumers through their mobile devices by leveraging proximity marketing. The enterprises include user preference and prior purchase history, geographic location of consumers, and time of day while sending personalized messages. Such strategies can deliver just-in-time communication to the target audience by analyzing the purchasing behavior of the consumer. Hence, such factors drive the growth of the enterprise LBS market during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here
The enterprise LBS market is segmented by Application (Large enterprises and SMEs), Component (Hardware, Software, and Services), and Geography (North America, Europe, APAC, South America, and Middle East and Africa).
Key Companies in the Enterprise LBS Market:
AiRISTA Flow Inc., Aislelabs Inc., Broadcom Inc., Cisco Systems Inc., Comtech, Esri Global Inc., Foursquare Labs Inc., HERE Global BV, HID Global Corp., infsoft GmbH, Juniper Networks Inc., NextNav Inc., Polaris Wireless, POLE STAR SA, Qualcomm Inc., Securitas AB, Siemens AG, xAd Inc., Zebra Technologies Corp., Ziff Davis Inc.
The enterprise application and integration market is estimated to grow at a CAGR of 13.34% between 2022 and 2027. The size of the market is forecast to increase by USD 17,242.64 million.
The enterprise AI market is projected to grow by USD 2.00 billion with a CAGR of 45.1% during the forecast period 2021 to 2026.
Enterprise LBS Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 23.37%
Market growth 2023-2027
USD 45.23 billion
YoY growth 2022-2023 (%)
North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution
North America at 49%
US, China, Japan, Germany, and UK
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
AiRISTA Flow Inc., Aislelabs Inc., Broadcom Inc., Cisco Systems Inc., Comtech, Esri Global Inc., Foursquare Labs Inc., HERE Global BV, HID Global Corp., infsoft GmbH, Juniper Networks Inc., NextNav Inc., Polaris Wireless, POLE STAR SA, Qualcomm Inc., Securitas AB, Siemens AG, xAd Inc., Zebra Technologies Corp., and Ziff Davis Inc.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Component
Market Segmentation by Geography
Drivers, Challenges, & Trends
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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.
These press releases may also interest you