Global Mobile Location-Based Services Market

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A lot of people can’t imagine leaving this phones at home when starting their day. And it makes sense to, as many of them use it for the kind of services that they have access too. What they are actually doing is simplifying their lives via a string of navigation and location-based queries.

Such queries are useful to them because of the essential mobile location-based services, and recent developments in positioning technologies, and improved data transmission through edge computing, cloud computing, and 5G will make things even more connected.  

This is what will aid the growth in the Global Mobile Location-Based Services Market, in reaching a value of USD 86.0 Bn by 2023, expanding at a compounded annual growth rate (CAGR) of 24.6% during the 2018-2023 period.

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·         Our insights on each geographical region and factors how different factors help move the market activity inside each of them, which region is exhibiting the higher CAGR and why.    

·         Our insights on the use of critical parameters like user location and proximity and how it’s being applied in the fields of mobile advertising, which parameters are more popular with advertisers and why. 

·         Our insights on how mobile and computing hardware technology like Wi-Fi and Bluetooth, smartphones popular in regions like North America and Europe, and the Asia-Pacific play a role in making the LBS marketing and advertising as big as it is.

·         Our insights on key end-users of LBS such as retail, healthcare, transportation, travel and tourism, and BFSI, how each of these industries are leveraging LBS technology to improve commerce, which industry has had more success in doing so and why.  

·         Our insights on key applications that have been improved due to the growth in the use of LBS like navigation, way-finding, and asset tracking enabled transportation and logistics and which application is more popular.

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