Indoor Location-based Services(LBS) Market to Develop New Growth Story 2021-2027
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Indoor Location-based Services (LBS) Market to depict appreciable growth prospects over 2021-2027 – KSU
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FELTON, Calif., Feb. 16, 2021 /PRNewswire/ The global indoor location-based services (LBS) market size is anticipated to reach USD 18.74 billion in the year 2025. It is anticipated to register 43.3% CAGR during the forecasted period, 2019 to 2025. This can be attributed to the increasing demand for such services among majority of industrial players for carrying out several marketing and promotional activities across the globe.
In 2018, the Location-based Advertising services held the largest share across the global market due to the rising usage of such services prevalent among the manufacturers for the promotion of products. The proximity beacons segment is projected to witness highest CAGR of 48% from 2019 to 2025 owing to their usage for promotion which is location-based and for advertising at the hyper-local level.
Indoor Location-based Services (LBS) market’ Report @
The Indoor Location-based Services (LBS) market revenue was xx.xx Million USD in 2019, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2020-2025.
Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well. Considering COVID-19, this report provides comprehensive and in-depth analysis on how the epidemic push this industry transformation a