Asia-Pacific Location-based Services Market by Component, Technology (GNSS, GPS), Application (Navigation, Mapping, GIS), Location Type, End-use Industry (Transportation & Logistics, Retail & E-commerce), and Geography - Forecast to 2031

Asia-Pacific Location-based Services Market by Component, Technology (GNSS, GPS), Application (Navigation, Mapping, GIS), Location Type, End-use Industry (Transportation & Logistics, Retail & E-commerce), and Geography - Forecast to 2031

Asia-Pacific Location-based Services Market by Component, Technology (GNSS, GPS), Application (Navigation, Mapping, GIS), Location Type, End-use Industry (Transportation & Logistics, Retail & E-commerce), and Geography—Forecast to 2031

The research report titled ‘Asia-Pacific Location-based Services Market by Component, Technology (GNSS, GPS), Application (Navigation, Mapping, GIS), Location Type, End-use Industry (Transportation & Logistics, Retail & E-commerce), and Geography—Forecast to 2031’ from Meticulous Research® provides an in-depth analysis of the Asia-Pacific location-based services market including key market trends, market sizes, market shares, recent developments, and forecasts to 2031.

The Asia-Pacific location-based services market is projected to reach $118.2 billion by 2031, at a CAGR of 17.3% during the forecast period 2024–2031. The growth of the Asia-Pacific location-based services market is driven by the proliferation of location-based services in the retail sector and the surging use of location-based services in the agriculture sector. However, dynamic government rules and regulations for location-based services restrain the growth of this market. Furthermore, constant upgrades in mapping and navigation solutions are expected to generate growth opportunities for the players operating in this market. However, the high costs of procuring and implementing location-based services are a major challenge impacting market growth. Additionally, the use of 5G technology for improved real-time analysis and the development of GIS software using Augmented Reality (AR)/Virtual Reality (VR) technologies are prominent trends in this market.

The Asia-Pacific location-based services market is segmented by component (platforms/solutions [location-powered mobile apps, location intelligence platforms, and location-based messaging] and professional services [mapping services, implementation & support services, and consulting & development services]), technology (global navigation satellite system, global positioning system [assisted GPS and enhanced GPS], Wi-Fi, near-field communication, and other technologies), application (navigation [smart parking, route planning, and other navigation applications], geo-marketing & advertising/target marketing, mapping & GIS, tracking [valuables & stolen goods tracking, pet tracking, parolees tracking, and child tracking], social networking [chat & instant messaging services, dating apps, and friend locator apps], infotainment, commercial applications, and other applications), location type (outdoor and indoor), end-use industry (government & public sector, transportation & logistics, smart cities, retail & E-commerce, consumer goods, media & entertainment, travel & tourism, BFSI, IT & telecom, healthcare, hospitality, aerospace & defense, energy & utilities, automotive, agriculture, education, and manufacturing), and geography (country/region). The study also evaluates industry competitors and analyzes the market at the country and regional levels.

Based on component, the Asia-Pacific location-based services market is segmented into platforms/solutions and professional services. In 2024, the platforms/solutions segment is expected to account for the larger share of the Asia-Pacific location-based services market. The segment’s large market share is attributed to market players’ increasing focus on launching location-based solutions, the increasing popularity of location-powered mobile apps, the growing need for location intelligence platforms to analyze and visualize geographic and location-based data, and the increasing adoption of location-based messaging platforms among consumers. This segment is also projected to register the higher CAGR during the forecast period.

Based on technology, the Asia-Pacific location-based services market is segmented into Global Navigation Satellite System (GNSS), Global Positioning System (GPS), Wi-Fi, Near-field Communication (NFC), and other technologies. In 2024, the global navigation satellite system segment is expected to account for the largest share of the Asia-Pacific location-based services market. The segment’s large market share is attributed to the diverse range of applications of GNSS, including precise positioning and real-time location tracking. Additionally, the growing demand for location-based advertising and the increasing use of GNSS in asset management contribute to the segment’s significant market share. This segment is also projected to register the highest CAGR during the forecast period.

Based on application, the Asia-Pacific location-based services market is segmented into navigation, geo-marketing & advertising/target marketing, mapping & GIS, tracking, social networking, infotainment, commercial applications, and other applications. In 2024, the navigation segment is expected to account for the largest share of the Asia-Pacific location-based services market. The segment’s large market share is attributed to the rapid implementation of comprehensive navigation solutions by automakers and increasing initiatives by leading LBS players to develop automotive navigation services. This segment is also expected to register the highest CAGR during the forecast period.

Based on location type, the Asia-Pacific location-based services market is segmented into outdoor and indoor locations. In 2024, the outdoor segment is expected to account for the larger share of the Asia-Pacific location-based services market. The segment’s large market share is attributed to the rising demand for outdoor location-based services for various applications, including improved navigation and mapping, asset tracking, and outdoor proximity marketing, and the increasing deployment of outdoor location-based services, particularly for automotive and pet tracking applications.

However, the indoor segment is expected to register the higher CAGR during the forecast period due to the growing need to track people and objects within indoor spaces and the increasing implementation of indoor location-based services to facilitate efficient navigation in indoor environments such as shopping malls, airports, and large buildings.

Based on end-use industry, the Asia-Pacific location-based services market is segmented into government & public sector, transportation & logistics, smart cities, retail & E-commerce, consumer goods, media & entertainment, travel & tourism, BFSI, IT & telecom, healthcare, hospitality, aerospace & defense, energy & utilities, automotive, agriculture, education, and manufacturing. In 2024, the transportation & logistics segment is expected to account for the largest share of the Asia-Pacific location-based services market. The segment’s large market share is attributed to the increasing need for real-time tracking of vehicles using GPS, the growing use of location intelligence tools to analyze traffic patterns and congestion in real time, and the increasing usage of location intelligence tools for route optimization.

However, the retail & E-commerce segment is expected to register the highest CAGR during the forecast period due to the rising need for location-based data for targeted marketing campaigns, the increasing popularity of location-based survey and feedback collection tools, the growing usage of retail asset management tools, and the increasing need for supply chain management in the retail sector.

Based on country/region, the Asia-Pacific location-based services market is segmented into Japan, China, India, South Korea, Singapore, Taiwan, Australia & New Zealand, Malaysia, Thailand, the Philippines, Indonesia, Vietnam, and the Rest of Asia-Pacific. In 2024, China is expected to account for the largest share of the Asia-Pacific location-based services market. China’s large market share is mainly attributed to the growing demand for automated smart driving solutions, automotive companies’ increased focus on launching autonomous cars, trucks, and construction vehicles, the increasing utilization of GNSS hardware, and the growing use of drones in hospital operations. However, India is expected to register the highest CAGR during the forecast period due to the increase in drone-based operations among state governments and increasing collaborations between market players for launching new products.

The key players operating in the Asia-Pacific location-based services market include HERE Global B.V. (Netherlands), Google LLC (A Subsidiary of Alphabet Inc.) (U.S.), TomTom N.V. (Netherlands), Esri (U.S.), Hexagon AB (Sweden), Trimble Inc. (U.S.), Cisco Systems, Inc. (U.S.), QUALCOMM Incorporated (U.S.), Microsoft Corporation (U.S.), AT&T Inc. (U.S.), Zebra Technologies Corporation (U.S.), ALE International (France), Precisely (U.S.), Rohde & Schwarz GmbH & Co. KG (Germany), and Nextbillion.AI Pte. Ltd. (Singapore).

Key Questions Answered in the Report:

Which are the high-growth market segments in terms of component, technology, application, location type, and end-use industry?
What was the historical market size for the Asia-Pacific location-based services market?
What are the market forecasts and estimates for 2024–2031?
What are the major drivers, restraints, opportunities, challenges, and trends in the Asia-Pacific location-based services market?
Who are the major players in the Asia-Pacific location-based services market, and what are their market shares?
What is the competitive landscape like?
What are the recent developments in the Asia-Pacific location-based services market?
What are the key trends and high-growth countries?
Who are the local emerging players in the Asia-Pacific location-based services market, and how do they compete with the other players?

Scope of the Report:

Asia-Pacific Location-based Services Market Assessment—by Component

Platforms/Solutions
Location-powered Mobile Apps
Location Intelligence Solutions
Location-based Messaging
Professional Services
Mapping Services
Implementation & Support Services
Consulting & Development Services

Asia-Pacific Location-based Services Market Assessment—by Technology

Global Navigation Satellite System
Global Positioning System
Assisted GPS
Enhanced GPS
Wi-Fi
Near-field Communication
Other Technologies

Asia-Pacific Location-based Services Market Assessment—by Application

Navigation
Smart Parking
Route Planning
Other Navigation Applications
Geo-marketing & Advertising/Target Marketing
Mapping & GIS
Tracking
Valuables & Stolen Goods Tracking
Pet Tracking
Parolees Tracking
Child Tracking
Social Networking
Chat & Instant Messaging Services
Dating Apps
Friend Locator Apps
Commercial Applications
Infotainment
Other Applications

Asia-Pacific Location-based Services Market Assessment—by Location Type

Outdoor
Indoor

Asia-Pacific Location-based Services Market Assessment—by End-use Industry

Transportation & Logistics
Retail & E-commerce
Government & Public Sector
Smart Cities
Consumer Goods
Media & Entertainment
Travel & Tourism
IT & Telecom
Healthcare
Aerospace & Defense
BFSI
Energy & Utilities
Hospitality
Agriculture
Automotive
Manufacturing
Education

Asia-Pacific Location-based Services Market Assessment—by Country/Region

Asia-Pacific
China
Japan
India
Singapore
South Korea
Australia & New Zealand
Taiwan
Thailand
Indonesia
Philippines
Malaysia
Vietnam
Rest of Asia-pacific "DTC Food Market by Type (Food {Bakery & Confectionery, Meat, Poultry, & Seafood, Dairy, Snacks}, Beverages {Carbonated Soft Drinks & Juices, RTD Tea & Coffee, Alcoholic Beverages}), by Distribution Channel (Online, Offline) — Global Forecast to 2031

According to the research report titled, ‘DTC Food Market by Type (Food {Bakery & Confectionery, Meat, Poultry, & Seafood, Dairy, Snacks}, Beverages [{Carbonated Soft Drinks & Juices, RTD Tea & Coffee}], Alcoholic Beverages), by Distribution Channel (Online, Offline) — Global Forecast to 2031,’ the global DTC food market is projected to reach $195.39 billion by 2031, at a CAGR of 18.7% during the forecast period of 2024–2031. The report provides an in-depth analysis of the global DTC food market in five major geographies and emphasizes the current market trends, sizes, shares, recent developments, and forecasts till 2031.

Succeeding extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, challenges, and trends. The growth of the DTC food market is driven by the rising adoption of convenience foods, growing online purchases of food products, and the increasing number of DTC food brands. However, the lack of brand awareness & limited product offerings of DTC food providers, and product quality concerns & delivery delays are some of the factors limiting the growth of this market to some extent. Moreover, the growing demand for premium & personalized food products is expected to generate market growth opportunities for stakeholders operating in this market. However, high competition from other distribution channels is a prominent challenge for the players operating in this market. Furthermore, consumers’ increasing focus on health and wellness is a major trend in the DTC food market.

The key players operating in the global DTC food market are Anheuser–Busch InBev NV/SA (Belgium), AriZona Beverages USA, LLC (U.S.), JBS S.A. (Brazil), Mondelēz International, Inc. (U.S.), Nestlé S.A. (Switzerland), OLIPOP, Inc (U.S.), PepsiCo, Inc. (U.S.), The Coca-Cola Company (U.S.), The Kraft Heinz Company (U.S.), The Naked Market (U.S.), and Unilever PLC (U.K.).

The global DTC food market is segmented by type (food {bakery & confectionery products, meat, poultry, and seafood products, snacks, dairy products, sauces, dressings, and condiments, breakfast cereals, infant food, and other food products} beverages {non-alcoholic beverages [carbonated soft drinks & juices, dairy & dairy alternative beverages, sports & energy drinks, RTD tea & coffee, and flavored & fortified water]}, alcoholic beverages) and distribution channel (online distribution channel and offline distribution channel). The study also evaluates industry competitors and analyzes the market at regional and country levels.

Based on type, the global DTC food market is segmented into food and beverages. In 2024, the food segment is expected to account for the larger share of the global DTC food market. The large market share of this segment is attributed to the increasing demand for convenience foods, changes in lifestyle and food habits, growing consumer inclination towards online shopping, rising demand for nutritional and fortifying food products, increasing innovative food products, and rising spending on healthy and nutritious diets.

Based on distribution channel, the global DTC food market is segmented into online distribution channel and offline distribution channel. In 2024, the online distribution channel segment is expected to account for the larger share of the global DTC food market owing to the increasing preference for online shopping among consumers, the convenience offered by online platforms, the growing penetration of the internet, and the high popularity among food and beverage manufacturers of creating websites to display and sell their products directly to consumers. Also, the growing preference for personalization, contactless shopping, consumer convenience, easy price comparisons between brands, the advantage of greater discounts compared to offline stores, and a greater product selection experience are some of the factors increasing the popularity of the online distribution of food and beverage products.

An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights into five major geographies: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is slated to register the highest CAGR during the forecast period of 2024–2031. The growth of this regional market is driven by the rising technological advancements in online food distribution and high consumer preference for convenience and personalized shopping experiences. Moreover, factors such as busy lifestyles, increasing disposable income, and a growing demand for healthy and sustainable food options are also expected to support the high growth of the DTC food market in North America.

Key Questions Answered in the Report:

What are the historical market sizes and growth rates of the global DTC food market?
At what rate is the global DTC food demand projected to grow for the next 5–7 years?
What are the major factors impacting the growth of this market at the regional and country levels? What are the major opportunities for existing players and new entrants in the market?
Which segments, in terms of type and distribution channel, are expected to create major traction for the manufacturers in this market during the forecast period of 2024–2031?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the global DTC food market during the forecast period of 2024–2031?
Who are the major players in the global DTC food market? What are their specific product offerings in this market?
What are the recent strategic developments in the global DTC food market? What are the impacts of these strategic developments on the market?

Scope of the Report:

DTC Food Market Assessment—by Type

Food
Bakery & Confectionery Products
Meat, Poultry, and Seafood Products
Snacks
Dairy Products
Sauces, Dressings, and Condiments
Breakfast Cereals
Infant Food
Other Food Products
Beverages
Non-alcoholic Beverages
Carbonated Soft Drinks & Juices
Dairy & Dairy Alternative Beverages
Sports & Energy Drinks
RTD Tea & Coffee
Flavored & Fortified Water
Alcoholic Beverages

DTC Food Market Assessment—by Distribution Channel

Online Distribution Channel
Offline Distribution Channel

Asia-Pacific Location-based Services Market - Report Summary

Report Metrics	Details
Years Considered	2022 - 2031
Base Year	2022
Forecast Period	2024-2031
Page Count	304
Units Referenced	Value (USD Million)
Segments/Key Topics	Market by Component, Technology, Application, Location Type, and End-use Industry
Regions Covered	China, Japan, India, Singapore, South Korea, Australia & New Zealand, Taiwan, Thailand, Indonesia, Philippines, Malaysia, Vietnam, Rest of Asia-Pacific
Key Companies Mentioned	HERE Global B.V. (Netherlands), Google LLC (A Subsidiary of Alphabet Inc.) (U.S.), TomTom N.V. (Netherlands), Esri (U.S.), Hexagon AB (Sweden), Trimble Inc. (U.S.), Cisco Systems, Inc. (U.S.), QUALCOMM Incorporated (U.S.), Microsoft Corporation (U.S.), AT&T Inc. (U.S.), Zebra Technologies Corporation (U.S.), ALE International (France), Precisely (U.S.), Rohde & Schwarz GmbH & Co. KG (Germany), and Nextbillion.AI Pte. Ltd. (Singapore).

FAQs About the Report

What is the revenue generated from the Asia-Pacific location-based services market across the globe? At what rate is the demand expected to grow in the next 5-7 years?

The Asia-Pacific location-based services market is projected to reach $118.2 Billion by 2031, at a CAGR of 17.3% during the forecast period.

Which application segment showcases high growth opportunities for the Asia-Pacific location-based services market players?

In 2024, the navigation segment is expected to account for the largest share of the Asia-Pacific location-based services market. The segment’s large market share is attributed to the rapid implementation of comprehensive navigation solutions by automakers and the increasing initiatives by leading LBS players to develop automotive navigation services.

What are the key factors driving the growth of the Asia-Pacific location-based services market? What are the major opportunities for existing market players and new entrants?

The growth of the Asia-Pacific location-based services is driven by the proliferation of location-based services in the retail sector and the surging use of location-based services in the agriculture sector. Furthermore, constant upgrades in mapping and navigation solutions are expected to generate growth opportunities for the players operating in this market.

Who are the major players operating in the Asia-Pacific location-based services market?

The key players operating in the Asia-Pacific location-based services market are HERE Global B.V. (Netherlands), Google LLC (A Subsidiary of Alphabet Inc.) (U.S.), TomTom N.V. (Netherlands), Esri (U.S.), Hexagon AB (Sweden), Trimble Inc. (U.S.), Cisco Systems, Inc. (U.S.), QUALCOMM Incorporated (U.S.), Microsoft Corporation (U.S.), AT&T Inc. (U.S.), Zebra Technologies Corporation (U.S.), ALE International (France), Precisely (U.S.), Rohde & Schwarz GmbH & Co. KG (Germany), and Nextbillion.AI Pte. Ltd. (Singapore).