LOCATION-BASED SERVICES MARKET ANALYSIS

Regional Analysis

Global Location-Based Services Market: Regional Insights

Among regions, North America is expected to gain major share in the global location-based services market over the forecast period. This is due to the region being a major market for tablets and smartphones and for in-vehicle navigations systems. The demand for location-based services is high among various end user industries across this region. Moreover, the growing oil production in Canada is also creating a strong demand for location-based services. Thus, the region is expected to witness a substantial growth in the global location-based services market during the forecast period.

Asia Pacific is also projected to witness significant growth in the global location-based services market over the forecast period. This can be attributed to increasing growth in investments toward technological capabilities and building infrastructure, along with this rise in mobile and internet penetration in countries such as China. Moreover, increasing growth in exports of consumer electronics, electronics, healthcare, and automotive equipment in Japan is also driving the growth of the global location-based services market in Asia Pacific region.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa