The Global Location-Based Services Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $61,897 million by 2022, registering a CAGR of 26.6% from 2016 to 2022. In 2015,Mapping and navigation application dominated the global location-based services market, in terms of revenue. North America is expected to be the leading revenue contributor during the forecast period.

1. Publish Date : Jan 2017 No of Pages: 236
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Location Based
Services
Market
Location Based
Services Market
Global Opportunity
Analysis and Industry
Forecast, 2014 - 2022

2. • The Global Location-Based Services Market Report, published by Allied Market
Research, forecasts that the global market is expected to garner $61,897 million by
2022, registering a CAGR of 26.6% from 2016 to 2022. In 2015,Mapping and
navigation application dominated the global location-based services market, in
terms of revenue. North America is expected to be the leading revenue contributor
during the forecast period.
• Location-based services use data related to location of mobile devices and offer
required services to users. Increase in penetration of smartphones along with
growth in use of mobile commerce, and availability of low-cost GPS-enabled
smartphones are expected to drive the global location-based services market.
Location-based services have wide adoption in media & entertainment, retail,
transportation, healthcare, government, defense, and other industries. Rise in
popularity of social networking and mobile-based advertising, evolution of Internet
of Things (IOT), increase in demand for wearable devices, and growth in
penetration of 3G and 4G networks are further expected to supplement the growth
of location-based services industry.
Introduction

3.  In 2015, the government & defense segment generated the
maximum revenue of $2,906 million, owing to the frequent incident
of cross-border disputes, advanced security features, and rise in
security concerns worldwide. In addition, the media & entertainment
segment was the fastest growing end-user segment in 2015, and is
projected to grow at a CAGR of 29.4% during the forecast period.
 In 2015, mapping & navigation application dominated the global
location-based services market with $3,120 million, owing to increase
in use of LBS in road and air transportation sectors for push
notifications, real-time updated schedules, and tracking routes.
.
Current and Future Market Scenario

4. Location Based Services Market - Segments
Location-Based
Services Market
Segments
By
Component
By
Technology
By
Application
By End
User

5. Location Based Services Market -By Component
By
Component
Hardware
Software
Services
Consulting
Services
Managed
Services
System
Integration
Services

6. Location Based Services Market - By Technology
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

7. • .
Region Overview
o In 2015, defense & aerospace sector accounted for the major share
in the global location-based services market size, in terms of
revenue, and is projected to grow at a CAGR of 24.6% during the
forecast period.
o The mapping & navigation application generated the highest
revenue in 2015.
o In 2015, North America dominated the market, in terms of revenue.
o Asia-Pacific is expected to grow at the highest CAGR of 28.4%.

8. Leading Players
• 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.

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