Pune, India -- (SBWIRE) -- 11/15/2018 -- Location based services (LBS) are services offered through a mobile phone and take into account the device's geographical location. LBS typically provide information or entertainment. Because LBS are largely dependent on the mobile user's location, the primary objective of the service provider's system is to determine where the user is.

Global Location Based Services Market is expected to grow at a CAGR of +23% during the forecast period 2018-2023.

According to the new report, a comprehensive assessment of the Location Based Services market takes the significant key trends and important market factors in consideration to carry out this research. It has a comprehensive analysis of the impact of these advancements on the market's future growth, extensive analysis of these expansions on the market's future growth. The wide-reaching market is scrutinized on the basis of the various sectors and the geographical reach of this market.

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Key players in Location Based Services Market
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

Growing penetration of mobile devices, and growing use of LBS in varied applications such as business analytics supplement the growth of the global location-based services market. The adoption of LBS has increased across various verticals such as government & defense, media & entertainment, transportation, retail & and others. In addition, technological advancement and increase in application areas of these services are expected to provide numerous growth opportunities in the near future.

On the basis of the geographical sectors, the Location Based Services market is categorized into Europe, Asia-Pacific, Middle East & Africa, North America and Latin America. The important driving strength behind the growth of this market in the near future is also given.

In this report, the driving market segments in its scenario along with the continual rising factors and demand is also mentioned. Additionally, Location Based Services Market report presents the competitive landscape as well. The main tactics implemented by the established competitors for a greater penetration in the Global Location Based Services Market also form a vital division of this study.

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Table of Contents:
Global Location Based Services Market Research Report 2018-2023
Chapter 1: Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Location Based Services Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Location Based Services Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Location Based Services Market Effect Factors Analysis
Chapter 12: Global Location Based Services Market Forecast

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