Market Overview:
The global location-based services (LBS) market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the LBS market can be attributed to the increasing demand for location-based services across different applications such as commercial, healthcare, entertainment, and others. Moreover, the increasing adoption of smartphones and tablets is also fueling the growth of the LBS market. However, privacy concerns associated with LBS may restrain the growth of this market during the forecast period. Based on type, outdoor LBS accounted for a larger share of the global LBS market in 2017. This segment is expected to dominate duringthe forecast period owing to its growing demand from various end users such as commercial and transportation sectors.
 Industry Outlook.svg)
Product Definition:
Location-based services (LBS) are a type of mobile app that use the location of a device to provide customized content or services. For example, an LBS might give you directions to the nearest Starbucks, or offer coupons for discounts at local businesses.
The importance of LBS lies in their ability to provide targeted content and services based on a user's location. This can be valuable for both consumers and businesses, as it allows users to find what they're looking for quickly and easily, while also providing businesses with opportunities to advertise and connect with potential customers.
Outdoor LBS:
Outdoor LBS is a new term used for Location-Based Services (LBS) that provides information related to real-time location of users. It also displays the name, photo, and other details of the user.
Indoor LBS:
Indoor LBS is a new term in the industry and it stands for Location-Based Service. It is also known as Indoor positioning service or Local area network (LAN) based service. This technology provides services such as real-time traffic updates, restaurant locators, etc., to mobile phone users with the help of Wi-Fi and Bluetooth signals from nearby devices.
Application Insights:
The location-based services have various applications such as commercial, healthcare, entertainment and others. The commercial application segment held the largest market share in 2017. It is mainly used for marketing and advertising purposes among other uses. Commercial customers include businesses, organizations and government agencies that require real-time customer information to serve them better or provide a better experience to their customers.
The healthcare segment is expected to grow at a significant rate over the forecast period owing to increasing demand from patients for tracking health conditions & medicines across different locations with ease by using LBS technology coupled with an increase in medical tourism which requires location information of patients for providing efficient care services at desired places has increased the adoption of LBS technology in this industry significantly over the past few years resulting in its dominance over other industries globally by 2030 ¢â‚¬â„¢s end.
Regional Analysis:
North America dominated the market in terms of revenue share in 2016. The growth can be attributed to the presence of key industry players such as Google, Apple Inc., and Microsoft Corporation. These companies are actively involved in developing new products and services for location-based applications. For instance, In January 2017, Apple Inc launched a new feature called Find My iPhone that allows users to track their devices using GPS Location Services or Cell towers triangulation.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing adoption of smartphones and tablets coupled with rising demand for social media networking sites such as Facebook.
Growth Factors:
- Increasing demand for LBS from the automotive sector for navigation and location-based services in vehicles
- Proliferation of smartphones and other connected devices, which are used to provide location-based services
- Development of new technologies that can be used in LBS, such as big data analytics and the Internet of Things (IoT)
- Growing demand for LBS from enterprise customers for workforce management, asset tracking, and other applications
- Expansion of LTE networks and the development of 5G networks, which will enable more widespread use of location-based services
Scope Of The Report
Report Attributes
Report Details
Report Title
Location-Based Services (LBS) Market Research Report
By Type
Outdoor LBS, Indoor LBS
By Application
Commercial, Healthcare, Entertainment, Others
By Companies
Alibaba, Apple, Foursquare, Google, HERE, Aisle411, Baidu, Dianping, Facebook
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Location-Based Services (LBS) Market Report Segments:
The global Location-Based Services (LBS) market is segmented on the basis of:
Types
Outdoor LBS, Indoor LBS
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
Commercial, Healthcare, Entertainment, 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:
- Alibaba
- Apple
- Foursquare
- Google
- HERE
- Aisle411
- Baidu
- Dianping
- Facebook
 Market Overview.svg)
Highlights of The Location-Based Services (LBS) 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:
- Outdoor LBS
- Indoor LBS
- By Application:
- Commercial
- Healthcare
- Entertainment
- 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-Based Services (LBS) 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
 Market Statistics.svg)
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-based services (LBS) are a type of mobile application that uses GPS or other location-tracking technology to provide users with real-time information about their current location. This can include things like weather reports, local businesses, and directions.
Some of the key players operating in the location-based services (lbs) market are Alibaba, Apple, Foursquare, Google, HERE, Aisle411, Baidu, Dianping, Facebook.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Location-Based Services (LBS) 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-Based Services (LBS) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Location-Based Services (LBS) 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-Based Services (LBS) 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-Based Services (LBS) Market Size & Forecast, 2018-2028
4.5.1 Location-Based Services (LBS) Market Size and Y-o-Y Growth
4.5.2 Location-Based Services (LBS) Market Absolute $ Opportunity
Chapter 5 Global Location-Based Services (LBS) 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-Based Services (LBS) Market Size Forecast by Type
5.2.1 Outdoor LBS
5.2.2 Indoor LBS
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Location-Based Services (LBS) 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-Based Services (LBS) Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Healthcare
6.2.3 Entertainment
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Location-Based Services (LBS) 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-Based Services (LBS) 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-Based Services (LBS) Analysis and Forecast
9.1 Introduction
9.2 North America Location-Based Services (LBS) 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-Based Services (LBS) Market Size Forecast by Type
9.6.1 Outdoor LBS
9.6.2 Indoor LBS
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-Based Services (LBS) Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Healthcare
9.10.3 Entertainment
9.10.4 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-Based Services (LBS) Analysis and Forecast
10.1 Introduction
10.2 Europe Location-Based Services (LBS) 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-Based Services (LBS) Market Size Forecast by Type
10.6.1 Outdoor LBS
10.6.2 Indoor LBS
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-Based Services (LBS) Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Healthcare
10.10.3 Entertainment
10.10.4 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-Based Services (LBS) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Location-Based Services (LBS) 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-Based Services (LBS) Market Size Forecast by Type
11.6.1 Outdoor LBS
11.6.2 Indoor LBS
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-Based Services (LBS) Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Healthcare
11.10.3 Entertainment
11.10.4 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-Based Services (LBS) Analysis and Forecast
12.1 Introduction
12.2 Latin America Location-Based Services (LBS) 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-Based Services (LBS) Market Size Forecast by Type
12.6.1 Outdoor LBS
12.6.2 Indoor LBS
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-Based Services (LBS) Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Healthcare
12.10.3 Entertainment
12.10.4 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-Based Services (LBS) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Location-Based Services (LBS) 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-Based Services (LBS) Market Size Forecast by Type
13.6.1 Outdoor LBS
13.6.2 Indoor LBS
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-Based Services (LBS) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Healthcare
13.10.3 Entertainment
13.10.4 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-Based Services (LBS) Market: Competitive Dashboard
14.2 Global Location-Based Services (LBS) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alibaba
14.3.2 Apple
14.3.3 Foursquare
14.3.4 Google
14.3.5 HERE
14.3.6 Aisle411
14.3.7 Baidu
14.3.8 Dianping
14.3.9 Facebook
