Location Based Service Market Size to Expand Significantly by the End of 2026

May 12, 2022

May 12^TH,2022/IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Location based services Market over the trend period from 2014 to 2019 and forecast period from 2022 to 2026.The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Location based services Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Location based services Market is no different. Derived from the previous market scenario, The Location based services Market is projected to grow from USD 36.4 billion in 2020 to USD 111.1 billion by 2026 at a CAGR of around 20.9% during the forecast period.

Key Players:

• AiRISTA Flow (US)
• Apple (US)
• Aruba Networks (US)
• CenTrak (US)
• Cisco (US)
• Ericsson (US)
• ESRI (US)
• GE Healthcare (US)
• Google (US)
• HERE (Netherlands)
• IBM (US)

The Location based services Marketis segmented by–

• By Location (Indoor, Outdoor), Service Type (Professional, Managed
• By End-user Industry (FMCG and E-commerce, Retail, Healthcare, IT and Telecom, Transportation, Oil and Gas, Other)
• By Region - COVID-19 Impact Analysis and Forecast to 2026

Get access to a deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/2695/location-based-services-market.html#form

Regional analysis:

By region, the Location based services market is expected to be dominated by Asia Pacific. China is not only a major regional market for LBS, but also a market, owing to significant growth in investments in infrastructure and technological capabilities, combined with internet and mobile penetration, but the country holds a prominent position in the region as well as the market.

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

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Author : Emily