Global Enterprise LBS Market 2024-2028
Global Enterprise LBS Market 2024-2028
The enterprise LBS market is forecasted to grow by USD 90196.5 mn during 2023-2028, accelerating at a CAGR of 32.14% during the forecast period. The report on the enterprise LBS market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing focus on proximity marketing, high penetration of mobile computing devices, and rapid adoption of beacon technology.
Technavio's enterprise LBS market is segmented as below:
- By Application
- Large enterprises
- SMEs
- By Component
- Hardware
- Software
- Services
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the use of analytics for business process optimization as one of the prime reasons driving the enterprise LBS market growth during the next few years. Also, advent of Industry 4.0 and increasing popularity of cloud-based big data analytics will lead to sizable demand in the market.
The report on the enterprise LBS market covers the following areas:
- Enterprise LBS market sizing
- Enterprise LBS market forecast
- Enterprise LBS market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading enterprise LBS market vendors that include AiRISTA Flow Inc., Aislelabs Inc., Broadcom Inc., Cisco Systems Inc., Comtech, Esri Global Inc., Foursquare Labs Inc., HERE Global BV, HID Global Corp., infsoft GmbH, Juniper Networks Inc., NextNav Inc., Polaris Wireless, POLE STAR SA, Qualcomm Inc., Securitas AB, Siemens AG, xAd Inc., Zebra Technologies Corp., and Ziff Davis Inc.. Also, the enterprise LBS market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.