Market Overview:
The global location as a service market is expected to grow at a CAGR of XX% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for location-based services from various end-use industries such as consumer electronics, government, BFSI, retail, transportation and healthcare. Additionally, the growing adoption of GPS technology and rising demand for real-time tracking are also propelling the growth of this market. However, privacy concerns related to location data could hamper the growth of this market in some regions.
Product Definition:
Location as a Service is the ability to locate and track devices or people in real-time. It is important because it enables companies to provide services that are location-based, such as navigation, tracking of assets or people, and local search.
Global Location as a Service Market Size Growth Rate : 2016 VS 2021 VS 2027:
The global location as a service market size was valued at USD 3,054.0 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 21.1% from 2021 to 2027. The increasing demand for real-time tracking of assets and the need for improved efficiency in supply chain management are some major factors driving the market growth.
GPS:
Global positioning system (GPS) is a satellite-based navigation system that provides information about the location of a specific point. It works on the principle of transmitting signals with the help of satellites and receiving signals which are then decoded using an antenna. The primary function performed by GPS is to provide location information with high accuracy and precision. It also helps in mapping out locations for businesses, individuals, etc., thereby enabling them to carry out various activities such as shopping, traveling, etc.
Application Insights:
The global location as a service market is segmented by application into consumer electronics, government, BFSI, retail and transportation and others. The consumer electronics segment accounted for the largest revenue share in 2016 owing to the increasing demand from end-users for mobile devices that provide location information. The growing popularity of smartphones has led to an increase in applications that require real-time geographic data on a user¢â‚¬â„¢s surroundings.
Location technology enables retailers to understand customer behavior & preferences; improve marketing campaigns; track sales performance; identify new markets & opportunities and enhance customer experience through analytics solutions such as store management systems or inventory control systems with geotargeted digital advertisements. These factors are anticipated to drive the growth of the retail sector over the forecast period thereby contributing towards overall industry growth during future years.
Regional Analysis:
The North America regional LGaaS market is anticipated to witness significant growth over the forecast period. The U.S. and Canada are the major contributors to the region’s growth owing to their developed economies, high internet penetration, and extensive wireless network coverage across all major cities. The Asia Pacific regional LGaaS market is expected to grow at a lucrative rate over the forecast period due to increasing investments in developing countries such as India and China by various telecom operators for deploying robust 3G/4G networks with enhanced services for consumers.
Growth Factors:
- Increasing demand for location-based services from various industries
- Proliferation of smartphones and other connected devices
- Advances in geolocation technology and big data analytics
- Growing demand for real-time location tracking and navigation services
- Emergence of new business models and applications for LBS
Scope Of The Report
Report Attributes
Report Details
Report Title
Location as a Service Market Research Report
By Type
Global Location as a Service Market Size Growth Rate : 2016 VS 2021 VS 2027, GPS, GPRS, RFID, GIS, Others
By Application
Global Location as a Service Market Share : 2016 VS 2021 VS 2027, Consumer Electronics, Government, BFSI, Retail, Transportation, Healthcare, Others
By Companies
Cisco Systems, Google Inc., Ericsson, IBM Corp., Qualcomm, Location Labs, LocationSmart, Microsoft Corp., Oracle Corp., Esri, Accelerite
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Location as a Service Market Report Segments:
The global Location as a Service market is segmented on the basis of:
Types
Global Location as a Service Market Size Growth Rate : 2016 VS 2021 VS 2027, GPS, GPRS, RFID, GIS, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Global Location as a Service Market Share : 2016 VS 2021 VS 2027, Consumer Electronics, Government, BFSI, Retail, Transportation, Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cisco Systems
- Google Inc.
- Ericsson
- IBM Corp.
- Qualcomm
- Location Labs
- LocationSmart
- Microsoft Corp.
- Oracle Corp.
- Esri
- Accelerite
Highlights of The Location as a Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Global Location as a Service Market Size Growth Rate : 2016 VS 2021 VS 2027
- GPS
- GPRS
- RFID
- GIS
- Others
- By Application:
- Global Location as a Service Market Share : 2016 VS 2021 VS 2027
- Consumer Electronics
- Government
- BFSI
- Retail
- Transportation
- Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Location as a Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Location as a Service (LaaS) is a model in which an organization rents space on servers to store its data. The company then uses the cloud-based services of an external provider to provide location-tracking and mapping capabilities for employees, customers, or partners.
Some of the major companies in the location as a service market are Cisco Systems, Google Inc., Ericsson, IBM Corp., Qualcomm, Location Labs, LocationSmart, Microsoft Corp., Oracle Corp., Esri, Accelerite.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Location as a Service Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Location as a Service Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Location as a Service Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Location as a Service Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Location as a Service Market Size & Forecast, 2018-2028 4.5.1 Location as a Service Market Size and Y-o-Y Growth 4.5.2 Location as a Service Market Absolute $ Opportunity
Chapter 5 Global Location as a Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Location as a Service Market Size Forecast by Type
5.2.1 Global Location as a Service Market Size Growth Rate : 2016 VS 2021 VS 2027
5.2.2 GPS
5.2.3 GPRS
5.2.4 RFID
5.2.5 GIS
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Location as a Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Location as a Service Market Size Forecast by Applications
6.2.1 Global Location as a Service Market Share : 2016 VS 2021 VS 2027
6.2.2 Consumer Electronics
6.2.3 Government
6.2.4 BFSI
6.2.5 Retail
6.2.6 Transportation
6.2.7 Healthcare
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Location as a Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Location as a Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Location as a Service Analysis and Forecast
9.1 Introduction
9.2 North America Location as a Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Location as a Service Market Size Forecast by Type
9.6.1 Global Location as a Service Market Size Growth Rate : 2016 VS 2021 VS 2027
9.6.2 GPS
9.6.3 GPRS
9.6.4 RFID
9.6.5 GIS
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Location as a Service Market Size Forecast by Applications
9.10.1 Global Location as a Service Market Share : 2016 VS 2021 VS 2027
9.10.2 Consumer Electronics
9.10.3 Government
9.10.4 BFSI
9.10.5 Retail
9.10.6 Transportation
9.10.7 Healthcare
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Location as a Service Analysis and Forecast
10.1 Introduction
10.2 Europe Location as a Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Location as a Service Market Size Forecast by Type
10.6.1 Global Location as a Service Market Size Growth Rate : 2016 VS 2021 VS 2027
10.6.2 GPS
10.6.3 GPRS
10.6.4 RFID
10.6.5 GIS
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Location as a Service Market Size Forecast by Applications
10.10.1 Global Location as a Service Market Share : 2016 VS 2021 VS 2027
10.10.2 Consumer Electronics
10.10.3 Government
10.10.4 BFSI
10.10.5 Retail
10.10.6 Transportation
10.10.7 Healthcare
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Location as a Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Location as a Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Location as a Service Market Size Forecast by Type
11.6.1 Global Location as a Service Market Size Growth Rate : 2016 VS 2021 VS 2027
11.6.2 GPS
11.6.3 GPRS
11.6.4 RFID
11.6.5 GIS
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Location as a Service Market Size Forecast by Applications
11.10.1 Global Location as a Service Market Share : 2016 VS 2021 VS 2027
11.10.2 Consumer Electronics
11.10.3 Government
11.10.4 BFSI
11.10.5 Retail
11.10.6 Transportation
11.10.7 Healthcare
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Location as a Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Location as a Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Location as a Service Market Size Forecast by Type
12.6.1 Global Location as a Service Market Size Growth Rate : 2016 VS 2021 VS 2027
12.6.2 GPS
12.6.3 GPRS
12.6.4 RFID
12.6.5 GIS
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Location as a Service Market Size Forecast by Applications
12.10.1 Global Location as a Service Market Share : 2016 VS 2021 VS 2027
12.10.2 Consumer Electronics
12.10.3 Government
12.10.4 BFSI
12.10.5 Retail
12.10.6 Transportation
12.10.7 Healthcare
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Location as a Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Location as a Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Location as a Service Market Size Forecast by Type
13.6.1 Global Location as a Service Market Size Growth Rate : 2016 VS 2021 VS 2027
13.6.2 GPS
13.6.3 GPRS
13.6.4 RFID
13.6.5 GIS
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Location as a Service Market Size Forecast by Applications
13.10.1 Global Location as a Service Market Share : 2016 VS 2021 VS 2027
13.10.2 Consumer Electronics
13.10.3 Government
13.10.4 BFSI
13.10.5 Retail
13.10.6 Transportation
13.10.7 Healthcare
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Location as a Service Market: Competitive Dashboard
14.2 Global Location as a Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco Systems
14.3.2 Google Inc.
14.3.3 Ericsson
14.3.4 IBM Corp.
14.3.5 Qualcomm
14.3.6 Location Labs
14.3.7 LocationSmart
14.3.8 Microsoft Corp.
14.3.9 Oracle Corp.
14.3.10 Esri
14.3.11 Accelerite