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(Wireless-NewsWire.Com, July 30, 2018 ) Research N Report’s market research report, the global Location Based Services market will grow rapidly and post a CAGR of close to 40% during the forecast period. The growing trend for the integration of location-based search with social networking websites will drive the growth prospects for the global Location Based Services market during the projected period. The increasing interest of handset manufacturers and Location Based Services providers towards the development of applications that integrate location-enabled search with social networking sites to enable users post updates on social networking sites with exact location information will fuel the popularity of location-based services.
This market research study identifies IBM Corporation, Microsoft Corporation, Cisco Systems, Oracle Corporation, Zebra Technologies, Ericcson, AT&T Inc, Alcatel Lucent SA, and Qualcomm Inc as the leading players in the global location-based services (LBS) market.
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Segmentation by application and analysis of the location-based services market
• Location-based navigation
• Location-based search and advertising
• Location-based infotainment
• Location-based tracking
• Analytics
• Location-based games and augmented reality
The report initiates by presenting an outline of the Global Location Based Services Market. This segment of the study encapsulates the cataloging, conditions, and definition of the market modules. The global market is categorized into its type, product type, material type, application, vertical, and end-use applications. In the next piece, the market has been categorized in terms of presentation. The presentation segments of the global market are also mentioned in this statistical surveying research report.
In the next section of the report, the primary factors affecting the improvement of the market have been presented. The increasing necessity for real-time monitoring of projects and automation and the growing preference of customers for linked devices are raising the requisite of Global Location Based Services Market. Furthermore, the soaring number of supportive government ingenuities has raised the adoption of market products internationally.
In the last segment of the report, the challenging scenario of the market has been presented. In this segment, the prominent competitors working in the different sectors of the Global Location Based Services Market have been put forth. These competitors have been studied on chief characteristics such as the demographic information which includes the parameters such as age, gender, education, or income level as well as info on how often they use the client’s product or service.
Key questions answered in the report include
• What will the global location-based services (LBS) market size and growth rate be in 2025?
• What are the key factors driving the global location-based services (LBS) market?
• What are the key market trends impacting the growth of the global location-based services (LBS) market?
• What are the challenges to market growth?
• Who are the key vendors in the global location-based services (LBS) market?
• What are the market opportunities and threats faced by the vendors in the global location-based services (LBS) market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global location-based services (LBS) market?
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