Global Location-based Services Market 2020-2025: A Look at Key Players ALE International, Teldio Corporation, Cisco Systems and Ericsson Inc. - ResearchAndMarkets.com

DUBLIN--()--The "Location-based Services Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The location-based services market was valued at USD 36.2 billion in 2019, and it is expected to reach USD 126.4 billion by 2025, registering a CAGR of 23.2%, during the period of 2020-2025. The proliferation of smartphone usage is driving the location-based services market.

With advancements in technology, many industries are willing to adopt new systems, primarily to improve their transportation efficiency. With the advent of cloud and IoT systems, enterprises now can automate most of their operations. The healthcare sector is also expected to witness a more significant number of applications. The growing IoT applications, devised with healthcare requirements, are expected to contribute to the growth of the market for the healthcare vertical.

Generation and storage of data have created further opportunities for end-users, who can use the data for multiple purposes that include understanding fuel consumption patterns, the efficiency of drivers, position of products, and goods within a supply chain, in warehouse and estimation of best places for the product positioning. This opens opportunities that are limited to the visions of the user's application needs.

Furthermore, with the significant ongoing investments for integration of 3D maps applications with smartphones, market players, such as Nokia, Samsung, and other OEMs, are entering this market. Online web services providers, such as Amazon Inc. and Microsoft Corp., among others, have also started offering 3D maps on their platforms. For instance, Parrot, a prominent player providing wireless devices for mobile phones, has positioned its consumer drones, for 3D modeling, mapping, and agricultural uses. These instances are expected to drive market demand across emerging economies during the forecast period.

The location-based services currently face tremendous risks from government policies and regulations on consumer privacy. Most of the software application developers are becoming aware of the increasing international privacy laws, as well as industry codes of self-regulation, that govern its usage. Google is planning to implement a new policy change that will require all of the app developers to undergo an approval process before their apps collect the user's location information while running in the background. This policy is applied for all new apps from August 2020.

The location-based services market is fragmented. Ongoing research and technological advancements are expected to be the key trends in the market. Companies are adopting various strategies to expand their customer base and mark their presence in the market.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.3 Market Restraints

4.4 Industry Attractiveness - Porter's Five Force Analysis

4.5 Industry Value Chain Analysis

5 QUALITATIVE SNAPSHOT

5.1 By Application

5.2 By Technology

6 MARKET SEGMENTATION

6.1 By Location

6.1.1 Indoor

6.1.2 Outdoor

6.2 By Service Type

6.2.1 Professional

6.2.2 Managed

6.3 By End-user Industry

6.3.1 FMCG and E-commerce

6.3.2 Retail

6.3.3 Healthcare

6.3.4 IT and Telecom

6.3.5 Transportation

6.3.6 Other End-user Industries

6.4 Geography

7 COMPETITIVE LANDSCAPE

7.1 Company Profiles

7.1.1 ALE International

7.1.2 Teldio Corporation

7.1.3 Cisco Systems Inc.

7.1.4 Creativity Software Ltd.

7.1.5 DigitalGlobe Inc.(Maxar Technologies )

7.1.6 Ericsson Inc.

7.1.7 IndoorAtlas Ltd

7.1.8 Esri Technologies Ltd

7.1.9 GL Communications Inc.

7.1.10 Google LLC

7.1.11 HERE Global BV

7.1.12 HPE Aruba Inc.

7.1.13 IBM Corporation

7.1.14 Intel Corporation

7.1.15 Microsoft Corporation

7.1.16 Qualcomm Technologies Inc.

7.1.17 TeleMapics LLC

8 INVESTMENT ANALYSIS

9 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

For more information about this report visit https://www.researchandmarkets.com/r/d9ap8d

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900