Maharashtra, India -- (SBWire) -- 05/31/2019 --LBS Market

Location-based services (LBS) use real-time geo-data from a mobile device or smartphone to provide information, entertainment or security. Some services allow consumers to "check in" at restaurants, coffee shops, stores, concerts, and other places or events. Often, businesses offer a reward — prizes, coupons or discounts — to people who check in. Google Maps, Foursquare, GetGlue, Yelp and Facebook Places are among the more popular services. Location-based services use a smartphone's GPS technology to track a person's location, if that person has opted-in to allow the service to do that. After a smartphone user opts-in, the service can identify his or her location down to a street address without the need for manual data entry.

In 2018, the global LBS market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

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The Major Players Covered in this Report:
Alibaba Group, Apple, Foursquare, Google, HERE, Aisle411, Baidu, Dianping, Etisalat, Facebook, Intel, MazeMap, Micello, MTN Group

Market segment by Type, the product can be split into
RTLS, GPS/AGPS, RFID, UWB, Wi-Fi

Market segment by Application, split into
Location-based navigation, Location-based search and advertising, Location-based infotainment, Location-based tracking, Analytics, Location-based games and augmented reality, Others

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Manufacturing cost structure:
The LBS Market report also studies the manufacturing cost structure and presents the various details such as raw material, overall production process, and the industry chain structure. Every region key factors are provided which is attracting this market towards growth. The report also elaborates on the opportunities the emerging markets of Asia Pacific and Latin America offer and Globally.

Important Facts About LBS Market Report:
-This research report reveals LBS business overview, product overview, market share, supply chain analysis, demand and supply ratio and import/export details.
-The Industry report features different approaches and procedures endorsed by the LBS market key players to make vital business decisions.
-LBS market depicts some parameters such as production value, LBS marketing strategy analysis, Distributors/Traders and effect factors is also mentioned in this LBS research report.

Key questions answered in the report include:
What will the market growth rate of LBS market in 2025?
What are the key factors driving the Global LBS market?
Who are the key manufacturers in LBS market space?
What are the market opportunities, market risk and market overview of the LBS market?
What are sales, revenue, and price analysis of top manufacturers of LBS market?
Who are the distributors, traders and dealers of LBS market?

Detailed TOC and Charts Tables of Global LBS Market research Report available at : https://www.reportsmonitor.com/report/306774/LBS--Market

Reasons for Buying this Report:
-LBS market report provides pin-point analysis for changing competitive dynamics.
-It provides a forward looking perspective on different factors driving or restraining market growth.
-It provides a six-year forecast assessed on the basis of how the market is predicted to grow.
-It helps in understanding the key product segments and their future.
-It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors.

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