Location-based service (LBS) is delivery of specific
services to users on the basis of location of mobile or wireless devices.
Location-based services are used to locate persons, objects, track vehicle
movements, navigation, logistics, and inventory management. Upsurge in
penetration of wireless devices such as tablets, smartphones, and handheld
devices has boosted the adoption of social networking platforms, and provided
new avenues for location-based marketing & advertising. Moreover, rise in
demand for active check-in apps, and use of business intelligence in fraud
management & secure authentication has fueled the growth of location-based
services market. However, increased prices of real-time based LBS components,
and personal data security are the major factors hindering the growth of global
location-based services industry. Increasing application areas along with
technological advancements in cloud computing, global navigation satellite
system (GNSS), GPS, wireless technologies, advanced motion & temperature
sensors, unmanned vehicles, high precision cameras, and others is expected to
provide numerous growth opportunities for the location-based services market.
Rapid adoption of Wi-Fi and WLAN networks in hospitals and
public places is expected to drive the location-based services market during
the forecast period. Furthermore, owing to advancements in technology and
increase in consumer demand, leading market players have developed various
LBS-enabled products and adopted various strategies to sustain the intense
competition in the global location-based services market. Product launch is one
of the most prominent strategies adopted by market players in the global
location-based services industry. For instance, in 2016, AT&T launched
AT&T Fleet Complete, which is a GPS-based fleet for asset and mobile
workforce solution. In addition, Retale, a location-based mobile advertising platform,
announced the introduction of RetaleBot, which uses location based information
to offer coupons to users through Facebook Messenger.
The global location-based services market is segmented into
components, applications, technologies, end users, and regions. The components
of location-based services market are segmented into hardware, software, and
services. The services are subsegmented into consulting services, managed
services, system integration services, and others services. The applications of
location based services are segmented into location-based advertising, business
intelligence & analytics, social networking, and entertainment
(location-based gaming and augmented reality), mapping & navigation, local
search & information, and others. On the basis of technology, the market is
segmented into GPS, assisted GPS, enhanced GPS, enhanced observed time
difference, observed time difference, cell ID, Wi-Fi, and others. The end users
of the market are segmented into media & entertainment, retail, transportation,
government & defense, healthcare, and others. The others segment includes
oil and gas, education, and BFSI. The market is analyzed based on four regions,
namely North America, Europe, Asia-Pacific, and LAMEA. North America is
subsegmented into U.S., Canada, and Mexico. Europe is segmented into UK,
Germany, France, Spain, Italy, and Rest of Europe. Asia-Pacific covers China,
Japan, India, Singapore, South Korea, and rest of Asia-Pacific. The study on
LAMEA region includes Latin America, Middle East, and Africa.
The report includes a comprehensive analysis of the key
players operating in the location-based services industry, which include Cisco
Systems, Inc., Google Inc., Alcatel-Lucent SA, AT&T Inc., International
Business Machines Corporation, Ltd., Qualcomm Inc., Microsoft Corporation,
Oracle Corporation, Apple, Inc., and Bharti Airtel, LTD.
KEY BENEFITS
- This report provides an in-depth analysis of the global LBS market to identify the potential investment pockets.
- It outlines the current trends and future scenario of the global location-based services market size for the period of 2016 to 2020 to understand the prevailing opportunities and investment pockets.
- The key drivers, restraints, and opportunities along with their detailed impact analyses have been elucidated.
- Porter’s Five Forces model analysis illustrates the impact of factors such as threat of new entrants, threat of substitutes, strength of the buyers, and strength of suppliers on the market growth.
- Value chain analysis provides a clear understanding on the roles of stakeholders involved in the value chain.
KEY MARKET SEGMENTS
The location-based services market is segmented on the basis
of component, technology, application, end user, and geography.
Location-based Services Market, by Component
- Hardware
- Software
- Services
- Consulting Services
- Managed Services
- System Integration Services
- Others (Deployment, Application, and Maintenance Services)
Location-based Services Market, by Technology
- Assisted GPS (A-GPS)
- GPS
- Enhanced GPS (E-GPS)
- Enhanced Observed Time Difference (E-OTD)
- Observed Time Difference (OTD)
- Cell ID
- Wi-Fi
- Others (Bluetooth, Enhanced cell ID, and Geofencing)
Location-based Services Market, by Application
- Location-based Advertising
- Business Intelligence & Analytics
- Social Networking & Entertainment
- Mapping & Navigation
- Local Search & Information
- Others (Disaster Management, and Emergency Support)
Location-based Services Market, by End User
- Transportation
- Media & Entertainment
- Retail
- Healthcare
- Government & Defense
- Others (Education, BFSI, and Oil & Gas)
Location-based Services Market, by Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- Italy
- France
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS
- Cisco Systems, Inc.
- Google Inc.
- Alcatel-Lucent SA
- AT&T Inc.
- International Business Machines Corporation
- Qualcomm Inc.
- Microsoft Corporation
- Oracle Corporation
- Apple, Inc.
- Bharti Airtel, LTD.
OTHER COMPANIES MENTIONED IN THE REPORT:
TeleCommunication Systems, Inc., Intersec Group, WifiSLAM
Inc., Aruba Networks, Inc., Meridian Apps, Inc, Ruckus Wireless, Inc., YFind
Technologies Private Limited, Broadcom Corporation, Texas Instruments Inc,
MediaTek Inc., Fujitsu Ltd., Intel Corporation, Samsung Electronics, LG
Electronics, Lenovo Group Ltd., Huawei Technologies Co. Ltd., Canon Inc, Sony Corporation,
Nikon Corporation, Garmin Ltd., Timex Group, Acer Inc., HP Company, Dell Inc.,
Pocket Finder, Pegatron Corporation, Wistron Corporation, TomTom Telematics,
Zynga Inc., Yelp Corporation, Shopkick Inc., and Zebra Technologies
Spanning over 236 pages, 57 Tables and 76
Figures “World
Location Based Services Market - Opportunities and Forecasts, 2014 - 2022” report covers Introduction,
Executive Summary, Market Overview, Global Location-Based Services Market, By
Component, Location-Based Services Market, By Technology, Location-Based
Services Market, By Application, Location-Based Services Market, By End User,
Location-Based Services Market, By Geography, Company Profiles. This report
Covered Companies - Cisco Systems, Inc., Google Inc., Alcatel-Lucent SA,
AT&T Inc., International Business Machines Corporation, Qualcomm Inc.,
Microsoft Corporation, Oracle Corporation, Apple, Inc., Bharti Airtel, LTD.
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