Global Location-Based Services (LBS) Market 2023 Driving Factors and Major Key Players – Ericsson, Syniverse, Ekahau, Galigeo, Masternaut, Pitney Bowes, Tomtom International

Global Location-Based Services (LBS) Market by provides insight into the current trending scenario and the industry’s future growth for the period of 2023 to 2027. The report represents a comprehensive analysis of predicted data, revenues, and key developments. The Location-Based Services (LBS) market report covers different possibilities, drivers, and restraints that the marketplace is examining at some platform in the forecasted horizon. Besides this, the report examines factors influencing the market from both supply and demand sides.

The top-down & bottom-up strategies have been used to validate and estimate the market size of Location-Based Services (LBS) industry, to evaluate the extent of multiple other dependent submarkets in the overall market. These market appraisals have been considered through examining the impact of numerous economic, social, and political factors and the current market dynamics influencing the global Location-Based Services (LBS) market growth.


The SWOT analysis and other techniques are utilized to analyze this data to accommodate an educated opinion on the state of the market to support the execution of an ideal growth plan for any player or to provide insight into the Location-Based Services (LBS) industry’s prospective shape and trajectory. Porter’s five force model describes threats from new players, the threat from substitutes, suppliers’ power, buyers’ power, and market competition.

The application types included in the report:

  • Mobile Phone
  • Automotive
  • Cloud
  • Others

The product types included in the report:

  • Location
  • Navigation
  • Query
  • Recognition
  • Event Checking

Geographically, the industry is segmented into

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)


The market report fundamentally contains the subsequent manufacturers:

  • Ericsson
  • Syniverse
  • Ekahau
  • Galigeo
  • Masternaut
  • Pitney Bowes
  • Tomtom International
  • Polaris Wireless
  • TCS
  • Ruckus
  • DigitalGlobe

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