Location as a Service Market- Industry Trends, Share, Size
Global Location as a Service Market size was valued at USD 1.74 Billion in 2021, and is projected to reach USD 7.84 Billion by 2028, growing at a CAGR of 24% from 2022 to 2028.
Location as a Service (LaaS) is a data delivery model that based on the location of the mobile user track the physical and geographical location of the users. The features of the location as a service includes local search & information, mapping & navigation, proximity marketing, asset tracking, social networking & entertainment, and others offered through software. The location is a service that offers real-time geo data from different kinds of smart devices like smartphones to provide information, entertainment, and security. The types of location as a service include maps & navigation, tracking services, information services, and applications.
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The report provides comprehensive details about demand forecasts, market trends, and both micro and macro indicators. The Location as a Service market report also gives information about the factors that are making this market grow and the objects that are holding it back. Using tools like Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Location as a Service market, the report provides details about the market. The research also depicts current market trends and gives forecasts for 2022–2028. We've also highlighted future developments in the market that will affect the demand during the period of the forecast. Also, the competitive analysis for each regional market indicates how much of the market the top players have. We gathered information from Location as a Service manufacturers or service providers, distributors, end users, industry associations, government-industry bureaus, industry publications, third-party databases, and our databases, which were evaluated by industry experts.
The Report Will Include A Major Chapter
Patent Analysis
Regulatory Framework
Technology Roadmap
BCG Matrix
Heat Map Analysis
Price Trend Analysis
Investment Analysis
Company Profiling and Competitive Positioning
Industry Value Chain Analysis
Market Dynamics and Factors
Porter’s Five Forces Analysis
Pestle Analysis
SWOT Analysis
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Key Prominent Players In The Location as a Service Market:
Cisco Systems, Google Inc., Ericsson, IBM Corp., Qualcomm, Location Labs, LocationSmart, Microsoft Corp., Oracle Corp., Esri, Accelerite and other major players.
Market segmentation
By Types
GPS, GPRS, RFID, GIS
By Application
Tracking & Navigation, Location-Based Social Network, Marketing & Advertising, Others
Regional Analysis for COVID-19 Outbreak-Global Location as a Service Market:
APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
North America (U.S., Canada, and Mexico)
South America (Brazil, Chile, Argentina, Rest of South America)
MEA (Saudi Arabia, UAE, South Africa)
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Covid-19 Impact Analysis On Location as a Service Market
The recent outbreak of coronavirus has proven to be a bane for the market. The pandemic has led to the suspension of business activity on account of the coronavirus pandemic and has resulted in disruptions in global supply chains, border restrictions, and travel restrictions by government bodies. Mandatory containment measures and health safety compliances have put huge pressure on remote operations across a wide array of industry verticals which further derailed the market growth rate. However, during the covid-19 prevalence, several organizations provide home delivery services which include food and beverages companies, e-commerce platforms, and others. To avoid viral infection people around the world, prefer online channels to buy various products. Therefore, to track the location of the consumer to provide the service the organizations start to use location as a service. At the end of 2020, global companies witnessed rising investments in location-based services to facilitate easy remote working.
Report includes Competitor's Landscape:
· Major trends and growth projections by region and country
· Key winning strategies followed by the competitors
· Who are the key competitors in this industry?
· What shall be the potential of this industry over the forecast tenure?
· What are the factors propelling the demand for the Action Figures And Statues?
· What are the opportunities that shall aid in significant proliferation of the market growth?
· What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures And Statues?
· How has the covid-19 impacted the growth of the market?
· Has the supply chain disruption caused changes in the entire value chain?
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