LBS Platform Market Detailed Analysis and Huge Growth by Top Players – Google (US), Esri (US), IBM (US), Microsoft (US), Oracle (US)

location-based service Platform
location-based service Platform

LBS Platform Market Report has newly added to its massive repository. Different industry-specific methods have been used for analyzing the market carefully. The informative data has been inspected through primary and secondary research techniques. The global LBS Platform market has been analyzed by focusing on different verticals of the businesses such as market trends, regional outlook, competitive landscape, key players, business approaches, technologies, and standard operating procedures.

The global LBS market size is expected to reach USD 18.74 billion by 2025, rising at a CAGR of 37.8% during the forecast period.

An exclusive LBS Platform Market research report contains a brief on those trends which may enable the companies operating into knows to strategize and the current sector to their small enterprise expansion. The investigation report analyses the market size, industry share, growth, key sections, CAGR, and drivers.

The major manufacturers covered in this report: Aruba Networks (US), Cisco (US), Google (US), Esri (US), IBM (US), Microsoft (US), Oracle (US), TomTom (Netherlands), Teldio (Canda), HERE (Netherlands), Ericsson (Sweden), Foursquare (US), Navigine (US), AiRISTA Flow (US), Quuppa (Finland), Ubisense (UK), Apple (US), Qualcomm (US), STANLEY Healthcare (US), GE Healthcare (US), CenTrak (US), Spime (US), KDDI (Japan), NTT Docomo (Japan), and Zebra Technologies (US).

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The LBS Platform market can be divided based on product types and It’s sub-type, major applications and Third Party usage area, and important regions.

North America is expected to hold the largest market size during the forecast period. The US has emerged as the largest market for LBS and RTLS owing to the large-scale implementation of LBS and RTLS solutions by organizations and enterprises in the country. The high pace of development of infrastructure in the US, along with the high growth of the Internet of Things (IoT), Artificial Intelligence (AI), and cloud computing has attributed to the fast growth of the LBS and RTLS market in the US.
As per THEDMA.ORG, approximately 84% of all “near me” searches take place on smartphone devices. Furthermore, companies are focusing more on location-based advertising, as it is easier to reach the target market. In July 2016, Baidu announced the launch of its mobile ad platform, DU Ad Platform, for Indian developers and advertisers. Similarly, Google launched Adsense for mobile applications to take benefit of the increasing advertising opportunities on the mobile. Other technological advancements, such as mobile ticketing and coupons, are encouraging location-based mobile advertising opportunities. This is evident from the fact given by the DMA Statistical Fact Book 2017, which states that approximately 123 million US adults used mobile coupons in 2017. 

This report segments the global LBS Platform Market on the basis of Types are:
Indoor LBS Platform
Outdoor LBS Platform

On The basis Of Application, the Global LBS Platform Market is Segmented into:
Healthcare
Media and Marketing
Entertainment

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  • In February 2019, Microsoft partnered with TomTom to incorporate LBS in Azure solutions via TomTom’s maps, traffic, and navigation software.
  • In February 2019, Qualcomm Technologies, a subsidiary of Qualcomm Incorporated, collaborated with Skyhook Wireless, a developer of mobile location technology. With this collaboration, Qualcomm utilized Skyhook’s Wi-Fi positioning and location assistance services in its Qualcomm Snapdragon Wear 2500 platform for high accuracy and low power location solutions.
  • In July 2018, Esri announced the release of an indoor mapping product ArcGIS Indoors, enabling the interactive indoor mapping of corporate facilities, retail and commercial locations, airports, and hospitals
  • In June 2018, IBM Watson Advertising partnered with Best Western to offer a new interactive AI-powered ad to its customers. This partnership provides travel tips and tricks, recommends local accommodations, and delivers special offers based on the user’s travel experience.
  • In November 2017, Microsoft launched Azure LBS for geospatial needs to offer geographical data, such as IoT asset tracking, fleet management, logistics, automotive, urban planning, and retail.

Regions covered By LBS Platform Market Report 2019 to 2025.
North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia).

Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of LBS Platform Market
– Changing LBS Platform market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected LBS Platform  market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of LBS Platform  Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.

The report has 150 tables and figures browse the report description and TOC:

https://www.marketinsightsreports.com/reports/08051379359/global-lbs-platform-market-size-status-and-forecast-2019-2025?source=dagorettinews&mode=86

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