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Location Based Services (LBS) Market 2020-2026 by Component, Location (Indoor, Outdoor), Technology, Application, Industry Vertical, and Region: Trend Forecast and Growth Opportunity

  • Report ID: 3483
  • Date: Sep, 2021
  • Pages: 189
  • Category: ICT & Media

Global location based services market will reach $165.69 billion by 2026, growing by 29.1% annually over 2020-2026 owing to technological advancement of mobile and connected devices, cost & waste reduction, and rising demand for digital platforms amid the COVID-19 pandemic.

Highlighted with 85 tables and 98 figures, this 189-page report “Global Location Based Services (LBS) Market 2020-2026 by Component, Location (Indoor, Outdoor), Technology, Application, Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global location based services market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.

The report is based on studies on 2016-2019 and provides forecast from 2020 till 2026 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global location based services market in every aspect of the classification from perspectives of Component, Location, Technology, Application, Industry Vertical, and Region.

Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2026 included in each section.

Hardware
Software
Services
• Deployment and Integration
• Application Support and Maintenance
• Consulting and Training

Based on Location, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2026 included in each section.

• Indoor LBS
• Outdoor LBS

Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2026 included in each section.

• GPS
• Assisted GPS (A-GPS)
• Enhanced GPS (E-GPS)
• Enhanced Observed Time Difference (EOTD)
• Observed Time Difference (OTD)
• Wi-Fi
• Bluetooth Low Energy (BLE)
• Cell ID
• Other Technologies

Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2026 included in each section.

• Mapping and Navigation
• Business Intelligence & Analytics
• Social Networking & Entertainment
• Location-based Advertising
• Proximity Marketing
• Fleet Management
• Local Search & Information
• Asset Tracking
• Other Applications

Based on Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2026 included in each section.

• Transportation & Logistics
• Government & Public Utilities
• IT & Telecom
• BFSI
• Manufacturing
• Retail
• Healthcare & Life Sciences
• Media & Entertainment
• Hospitality
• Other Verticals

Geographically, the following regions together with the listed national/local markets are fully investigated:

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2026. The breakdown of all regional markets by country and split of key national markets by Location, Technology, and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global location based services market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players (this may not be a complete list and extra companies can be added upon request):

Alcatel-Lucent SA
ALE International
Apple, Inc.
AT&T Inc.
Bharti Airtel, LTD.
Cisco Systems Inc.
Creativity Software Ltd
DigitalGlobe Inc.
Ericsson Inc.
GL Communications Inc.
Google LLC
HERE Global BV
IndoorAtlas Ltd
Intel Corporation
International Business Machines Corporation
Microsoft Corporation
Oracle Corporation
Qualcomm Technologies Inc.
Teldio Corporation
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1 Introduction 10
1.1 Industry Definition and Research Scope 10
1.1.1 Industry Definition 10
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 17
1.2.6 Market Size/Share Estimation 18
1.2.7 Research Limitations 19
1.3 Executive Summary 20
2 Market Overview and Dynamics 23
2.1 Market Size and Forecast 23
2.1.1 Impact of COVID-19 on World Economy 24
2.1.2 Impact of COVID-19 on the Market 27
2.2 Major Growth Drivers 29
2.3 Market Restraints and Challenges 32
2.4 Emerging Opportunities and Market Trends 35
2.5 Porter’s Fiver Forces Analysis 39
3 Segmentation of Global Market by Component 43
3.1 Market Overview by Component 43
3.2 Hardware 45
3.3 Software 46
3.4 Services 47
3.4.1 Deployment and Integration 48
3.4.2 Application Support and Maintenance 49
3.4.3 Consulting and Training 50
4 Segmentation of Global Market by Location 51
4.1 Market Overview by Location 51
4.2 Indoor LBS 53
4.3 Outdoor LBS 54
5 Segmentation of Global Market by Technology 55
5.1 Market Overview by Technology 55
5.2 GPS 57
5.3 Assisted GPS (A-GPS) 58
5.4 Enhanced GPS (E-GPS) 59
5.5 Enhanced Observed Time Difference (EOTD) 60
5.6 Observed Time Difference (OTD) 61
5.7 Wi-Fi 62
5.8 Bluetooth Low Energy (BLE) 63
5.9 Cell ID 64
5.10 Other Technologies 65
6 Segmentation of Global Market by Application 66
6.1 Market Overview by Application 66
6.2 Mapping and Navigation 68
6.3 Business Intelligence & Analytics 69
6.4 Social Networking & Entertainment 70
6.5 Location-based Advertising 71
6.6 Proximity Marketing 72
6.7 Fleet Management 73
6.8 Local Search & Information 74
6.9 Asset Tracking 75
6.10 Other Applications 76
7 Segmentation of Global Market by Industry Vertical 77
7.1 Market Overview by Industry Vertical 77
7.2 Transportation & Logistics 79
7.3 Government & Public Utilities 80
7.4 IT & Telecom 81
7.5 BFSI 82
7.6 Manufacturing 83
7.7 Retail 84
7.8 Healthcare & Life Sciences 85
7.9 Media & Entertainment 86
7.10 Hospitality 87
7.11 Other Verticals 88
8 Segmentation of Global Market by Region 89
8.1 Geographic Market Overview 2019-2026 89
8.2 North America Market 2019-2026 by Country 93
8.2.1 Overview of North America Market 93
8.2.2 U.S. 96
8.2.3 Canada 100
8.2.4 Mexico 102
8.3 European Market 2019-2026 by Country 104
8.3.1 Overview of European Market 104
8.3.2 UK 107
8.3.3 France 109
8.3.4 Germany 111
8.3.5 Spain 114
8.3.6 Italy 116
8.3.7 Russia 118
8.3.8 Rest of European Market 120
8.4 Asia-Pacific Market 2019-2026 by Country 122
8.4.1 Overview of Asia-Pacific Market 122
8.4.2 China 125
8.4.3 Japan 127
8.4.4 India 130
8.4.5 Australia 132
8.4.6 South Korea 134
8.4.7 Rest of APAC Region 136
8.5 South America Market 2019-2026 by Country 138
8.5.1 Argentina 141
8.5.2 Brazil 143
8.5.3 Chile 145
8.5.4 Rest of South America Market 147
8.6 MEA Market 2019-2026 by Country 148
8.6.1 UAE 151
8.6.2 Saudi Arabia 153
8.6.3 South Africa 155
8.6.4 Other National Markets 157
9 Competitive Landscape 158
9.1 Overview of Key Vendors 158
9.2 New Product Launch, Partnership, Investment, and M&A 161
9.3 Company Profiles 162
Alcatel-Lucent SA 162
ALE International 165
Apple, Inc. 166
AT&T Inc. 167
Bharti Airtel, LTD. 168
Cisco Systems Inc. 169
Creativity Software Ltd 170
DigitalGlobe Inc. 171
Ericsson Inc. 172
GL Communications Inc. 173
Google LLC 174
HERE Global BV 175
IndoorAtlas Ltd 176
Intel Corporation 177
International Business Machines Corporation 178
Microsoft Corporation 179
Oracle Corporation 180
Qualcomm Technologies Inc. 181
Teldio Corporation 182
10 Investing in Global Market: Risk Assessment and Management 183
10.1 Risk Evaluation of Global Market 183
10.2 Critical Success Factors (CSFs) 186
Related Reports and Products 189

List of Tables

Table 1. Snapshot of Global Location Based Services Market, 2019-2026 21
Table 2. Growth Rate of World Real GDP, 2017-2021 25
Table 3. Main Product Trends and Market Opportunities in Global Location Based Services Market 35
Table 4. Global Location Based Services Market by Component, 2016-2026, $ mn 43
Table 5. Global Location Based Services Market: Services by Type, 2016-2026, $ mn 47
Table 6. Global Location Based Services Market by Location, 2016-2026, $ mn 51
Table 7. Global Location Based Services Market by Technology, 2016-2026, $ mn 55
Table 8. Global Location Based Services Market by Application, 2016-2026, $ mn 66
Table 9. Global Location Based Services Market by Industry Vertical, 2016-2026, $ mn 77
Table 10. Global Location Based Services Market by Region, 2016-2026, $ mn 90
Table 11. Leading National Location Based Services Market, 2019 and 2026, $ mn 92
Table 12. North America Location Based Services Market by Country, 2016-2026, $ mn 95
Table 13. U.S. Location Based Services Market by Location, 2016-2026, $ mn 98
Table 14. U.S. Location Based Services Market by Technology, 2016-2026, $ mn 98
Table 15. U.S. Location Based Services Market by Industry Vertical, 2016-2026, $ mn 98
Table 16. Canada Location Based Services Market by Location, 2016-2026, $ mn 101
Table 17. Canada Location Based Services Market by Technology, 2016-2026, $ mn 101
Table 18. Canada Location Based Services Market by Industry Vertical, 2016-2026, $ mn 101
Table 19. Mexico Location Based Services Market by Location, 2016-2026, $ mn 103
Table 20. Mexico Location Based Services Market by Technology, 2016-2026, $ mn 103
Table 21. Mexico Location Based Services Market by Industry Vertical, 2016-2026, $ mn 103
Table 22. Europe Location Based Services Market by Country, 2016-2026, $ mn 106
Table 23. UK Location Based Services Market by Location, 2016-2026, $ mn 108
Table 24. UK Location Based Services Market by Technology, 2016-2026, $ mn 108
Table 25. UK Location Based Services Market by Industry Vertical, 2016-2026, $ mn 108
Table 26. France Location Based Services Market by Location, 2016-2026, $ mn 110
Table 27. France Location Based Services Market by Technology, 2016-2026, $ mn 110
Table 28. France Location Based Services Market by Industry Vertical, 2016-2026, $ mn 110
Table 29. Germany Location Based Services Market by Location, 2016-2026, $ mn 112
Table 30. Germany Location Based Services Market by Technology, 2016-2026, $ mn 112
Table 31. Germany Location Based Services Market by Industry Vertical, 2016-2026, $ mn 112
Table 32. Spain Location Based Services Market by Location, 2016-2026, $ mn 115
Table 33. Spain Location Based Services Market by Technology, 2016-2026, $ mn 115
Table 34. Spain Location Based Services Market by Industry Vertical, 2016-2026, $ mn 115
Table 35. Italy Location Based Services Market by Location, 2016-2026, $ mn 117
Table 36. Italy Location Based Services Market by Technology, 2016-2026, $ mn 117
Table 37. Italy Location Based Services Market by Industry Vertical, 2016-2026, $ mn 117
Table 38. Russia Location Based Services Market by Location, 2016-2026, $ mn 119
Table 39. Russia Location Based Services Market by Technology, 2016-2026, $ mn 119
Table 40. Russia Location Based Services Market by Industry Vertical, 2016-2026, $ mn 119
Table 41. Location Based Services Market in Rest of Europe by Country, 2016-2026, $ mn 121
Table 42. APAC Location Based Services Market by Country, 2016-2026, $ mn 124
Table 43. China Location Based Services Market by Location, 2016-2026, $ mn 126
Table 44. China Location Based Services Market by Technology, 2016-2026, $ mn 126
Table 45. China Location Based Services Market by Industry Vertical, 2016-2026, $ mn 126
Table 46. Japan Location Based Services Market by Location, 2016-2026, $ mn 129
Table 47. Japan Location Based Services Market by Technology, 2016-2026, $ mn 129
Table 48. Japan Location Based Services Market by Industry Vertical, 2016-2026, $ mn 129
Table 49. India Location Based Services Market by Location, 2016-2026, $ mn 131
Table 50. India Location Based Services Market by Technology, 2016-2026, $ mn 131
Table 51. India Location Based Services Market by Industry Vertical, 2016-2026, $ mn 131
Table 52. Australia Location Based Services Market by Location, 2016-2026, $ mn 133
Table 53. Australia Location Based Services Market by Technology, 2016-2026, $ mn 133
Table 54. Australia Location Based Services Market by Industry Vertical, 2016-2026, $ mn 133
Table 55. South Korea Location Based Services Market by Location, 2016-2026, $ mn 135
Table 56. South Korea Location Based Services Market by Technology, 2016-2026, $ mn 135
Table 57. South Korea Location Based Services Market by Industry Vertical, 2016-2026, $ mn 135
Table 58. Location Based Services Market in Rest of APAC by Country, 2016-2026, $ mn 137
Table 59. South America Location Based Services Market by Country, 2016-2026, $ mn 140
Table 60. Argentina Location Based Services Market by Location, 2016-2026, $ mn 142
Table 61. Argentina Location Based Services Market by Technology, 2016-2026, $ mn 142
Table 62. Argentina Location Based Services Market by Industry Vertical, 2016-2026, $ mn 142
Table 63. Brazil Location Based Services Market by Location, 2016-2026, $ mn 144
Table 64. Brazil Location Based Services Market by Technology, 2016-2026, $ mn 144
Table 65. Brazil Location Based Services Market by Industry Vertical, 2016-2026, $ mn 144
Table 66. Chile Location Based Services Market by Location, 2016-2026, $ mn 146
Table 67. Chile Location Based Services Market by Technology, 2016-2026, $ mn 146
Table 68. Chile Location Based Services Market by Industry Vertical, 2016-2026, $ mn 146
Table 69. MEA Location Based Services Market by Country, 2016-2026, $ mn 150
Table 70. UAE Location Based Services Market by Location, 2016-2026, $ mn 152
Table 71. UAE Location Based Services Market by Technology, 2016-2026, $ mn 152
Table 72. UAE Location Based Services Market by Industry Vertical, 2016-2026, $ mn 152
Table 73. Saudi Arabia Location Based Services Market by Location, 2016-2026, $ mn 154
Table 74. Saudi Arabia Location Based Services Market by Technology, 2016-2026, $ mn 154
Table 75. Saudi Arabia Location Based Services Market by Industry Vertical, 2016-2026, $ mn 154
Table 76. South Africa Location Based Services Market by Location, 2016-2026, $ mn 156
Table 77. South Africa Location Based Services Market by Technology, 2016-2026, $ mn 156
Table 78. South Africa Location Based Services Market by Industry Vertical, 2016-2026, $ mn 156
Table 79. Alcatel-Lucent SA: Company Snapshot 162
Table 80. Alcatel-Lucent SA: Business Segmentation 162
Table 81. Alcatel-Lucent SA: Product Portfolio 163
Table 82. Alcatel-Lucent SA: Revenue, 2016-2018, $ mn 163
Table 83. Alcatel-Lucent SA: Recent Developments 163
Table 84. Risk Evaluation for Investing in Global Market, 2019-2026 184
Table 85. Critical Success Factors and Key Takeaways 187

List of Figures

Figure 1. Research Method Flow Chart 14
Figure 2. Breakdown of Primary Research 16
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 18
Figure 4. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026 20
Figure 5. Global Location Based Services Market, 2019-2026, $ mn 23
Figure 6. Impact of COVID-19 on Business 27
Figure 7. Primary Drivers and Impact Factors of Global Location Based Services Market 29
Figure 8. Primary Restraints and Impact Factors of Global Location Based Services Market 32
Figure 9. Investment Opportunity Analysis 36
Figure 10. Porter’s Fiver Forces Analysis of Global Location Based Services Market 39
Figure 11. Breakdown of Global Location Based Services Market by Component, 2019-2026, % of Revenue 43
Figure 12. Contribution to Global 2020-2026 Cumulative Revenue by Component, Value ($ mn) and Share (%) 44
Figure 13. Global Location Based Services Market: Hardware, 2016-2026, $ mn 45
Figure 14. Global Location Based Services Market: Software, 2016-2026, $ mn 46
Figure 15. Global Location Based Services Market: Services, 2016-2026, $ mn 47
Figure 16. Global Location Based Services Market: Deployment and Integration, 2016-2026, $ mn 48
Figure 17. Global Location Based Services Market: Application Support and Maintenance, 2016-2026, $ mn 49
Figure 18. Global Location Based Services Market: Consulting and Training, 2016-2026, $ mn 50
Figure 19. Breakdown of Global Location Based Services Market by Location, 2019-2026, % of Revenue 51
Figure 20. Contribution to Global 2020-2026 Cumulative Revenue by Location, Value ($ mn) and Share (%) 52
Figure 21. Global Location Based Services Market: Indoor LBS, 2016-2026, $ mn 53
Figure 22. Global Location Based Services Market: Outdoor LBS, 2016-2026, $ mn 54
Figure 23. Breakdown of Global Location Based Services Market by Technology, 2019-2026, % of Revenue 56
Figure 24. Contribution to Global 2020-2026 Cumulative Revenue by Technology, Value ($ mn) and Share (%) 56
Figure 25. Global Location Based Services Market: GPS, 2016-2026, $ mn 57
Figure 26. Global Location Based Services Market: Assisted GPS (A-GPS), 2016-2026, $ mn 58
Figure 27. Global Location Based Services Market: Enhanced GPS (E-GPS), 2016-2026, $ mn 59
Figure 28. Global Location Based Services Market: Enhanced Observed Time Difference (EOTD), 2016-2026, $ mn 60
Figure 29. Global Location Based Services Market: Observed Time Difference (OTD), 2016-2026, $ mn 61
Figure 30. Global Location Based Services Market: Wi-Fi, 2016-2026, $ mn 62
Figure 31. Global Location Based Services Market: Bluetooth Low Energy (BLE), 2016-2026, $ mn 63
Figure 32. Global Location Based Services Market: Cell ID, 2016-2026, $ mn 64
Figure 33. Global Location Based Services Market: Other Technologies, 2016-2026, $ mn 65
Figure 34. Breakdown of Global Location Based Services Market by Application, 2019-2026, % of Revenue 67
Figure 35. Contribution to Global 2020-2026 Cumulative Revenue by Application, Value ($ mn) and Share (%) 67
Figure 36. Global Location Based Services Market: Mapping and Navigation, 2016-2026, $ mn 68
Figure 37. Global Location Based Services Market: Business Intelligence & Analytics, 2016-2026, $ mn 69
Figure 38. Global Location Based Services Market: Social Networking & Entertainment, 2016-2026, $ mn 70
Figure 39. Global Location Based Services Market: Location-based Advertising, 2016-2026, $ mn 71
Figure 40. Global Location Based Services Market: Proximity Marketing, 2016-2026, $ mn 72
Figure 41. Global Location Based Services Market: Fleet Management, 2016-2026, $ mn 73
Figure 42. Global Location Based Services Market: Local Search & Information, 2016-2026, $ mn 74
Figure 43. Global Location Based Services Market: Asset Tracking, 2016-2026, $ mn 75
Figure 44. Global Location Based Services Market: Other Applications, 2016-2026, $ mn 76
Figure 45. Breakdown of Global Location Based Services Market by Industry Vertical, 2019-2026, % of Revenue 78
Figure 46. Contribution to Global 2020-2026 Cumulative Revenue by Industry Vertical, Value ($ mn) and Share (%) 78
Figure 47. Global Location Based Services Market: Transportation & Logistics, 2016-2026, $ mn 79
Figure 48. Global Location Based Services Market: Government & Public Utilities, 2016-2026, $ mn 80
Figure 49. Global Location Based Services Market: IT & Telecom, 2016-2026, $ mn 81
Figure 50. Global Location Based Services Market: BFSI, 2016-2026, $ mn 82
Figure 51. Global Location Based Services Market: Manufacturing, 2016-2026, $ mn 83
Figure 52. Global Location Based Services Market: Retail, 2016-2026, $ mn 84
Figure 53. Global Location Based Services Market: Healthcare & Life Sciences, 2016-2026, $ mn 85
Figure 54. Global Location Based Services Market: Media & Entertainment, 2016-2026, $ mn 86
Figure 55. Global Location Based Services Market: Hospitality, 2016-2026, $ mn 87
Figure 56. Global Location Based Services Market: Other Verticals, 2016-2026, $ mn 88
Figure 57. Global Market Snapshot by Region 89
Figure 58. Geographic Spread of Worldwide Location Based Services Market, 2019-2026, % of Revenue 90
Figure 59. Contribution to Global 2020-2026 Cumulative Revenue by Region, Value ($ mn) and Share (%) 91
Figure 60. North American Location Based Services Market, 2016-2026, $ mn 94
Figure 61. Breakdown of North America Location Based Services Market by Country, 2019 and 2026, % of Revenue 94
Figure 62. Contribution to North America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 95
Figure 63. U.S. Location Based Services Market, 2016-2026, $ mn 97
Figure 64. Canada Location Based Services Market, 2016-2026, $ mn 100
Figure 65. Location Based Services Market in Mexico, 2016-2026, $ mn 102
Figure 66. European Location Based Services Market, 2016-2026, $ mn 105
Figure 67. Breakdown of European Location Based Services Market by Country, 2019 and 2026, % of Revenue 105
Figure 68. Contribution to Europe 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 106
Figure 69. Location Based Services Market in UK, 2016-2026, $ mn 107
Figure 70. Location Based Services Market in France, 2016-2026, $ mn 109
Figure 71. Location Based Services Market in Germany, 2016-2026, $ mn 111
Figure 72. Location Based Services Market in Spain, 2016-2026, $ mn 114
Figure 73. Location Based Services Market in Italy, 2016-2026, $ mn 116
Figure 74. Location Based Services Market in Russia, 2016-2026, $ mn 118
Figure 75. Location Based Services Market in Rest of Europe, 2016-2026, $ mn 120
Figure 76. Asia-Pacific Location Based Services Market, 2016-2026, $ mn 123
Figure 77. Breakdown of APAC Location Based Services Market by Country, 2019 and 2026, % of Revenue 123
Figure 78. Contribution to APAC 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 124
Figure 79. Location Based Services Market in China, 2016-2026, $ mn 125
Figure 80. Location Based Services Market in Japan, 2016-2026, $ mn 128
Figure 81. Location Based Services Market in India, 2016-2026, $ mn 130
Figure 82. Location Based Services Market in Australia, 2016-2026, $ mn 132
Figure 83. Location Based Services Market in South Korea, 2016-2026, $ mn 134
Figure 84. Location Based Services Market in Rest of APAC, 2016-2026, $ mn 136
Figure 85. South America Location Based Services Market, 2016-2026, $ mn 139
Figure 86. Breakdown of South America Location Based Services Market by Country, 2019 and 2026, % of Revenue 139
Figure 87. Contribution to South America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 140
Figure 88. Location Based Services Market in Argentina, 2016-2026, $ mn 141
Figure 89. Location Based Services Market in Brazil, 2016-2026, $ mn 143
Figure 90. Location Based Services Market in Chile, 2016-2026, $ mn 145
Figure 91. Location Based Services Market in Rest of South America, 2016-2026, $ mn 147
Figure 92. Location Based Services Market in Middle East and Africa (MEA), 2016-2026, $ mn 149
Figure 93. Breakdown of MEA Location Based Services Market by Country, 2019 and 2026, % of Revenue 149
Figure 94. Contribution to MEA 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 150
Figure 95. Location Based Services Market in UAE, 2016-2026, $ mn 151
Figure 96. Location Based Services Market in Saudi Arabia, 2016-2026, $ mn 153
Figure 97. Location Based Services Market in South Africa, 2016-2026, $ mn 155
Figure 98. Growth Stage of Global Location Based Services Industry over the Forecast Period 158

Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.

In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.

This research methodology has been segmented into following types:

Primary Research:

It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.

Secondary Research:

The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.

Qualitative Research:

It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.

Quantitative Research:

It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.

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