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NEW YORK , Dec. 4, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global location-based services (LBS) market size is estimated to grow by USD 296.3 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 32.77% during the forecast period. Rise in demand for personal and enterprise navigation services is driving market growth, with a trend towards growing popularity of location-based gaming. However, privacy and security issues in location-based services poses a challenge. Key market players include AiRISTA Flow Inc., Alphabet Inc., Apple Inc., AT and T Inc., Bayerische Motoren Werke AG, Cisco Systems Inc., Emanate Wireless, Esri Global Inc., Foursquare Labs Inc., General Electric Co., Halma Plc, Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., Qualcomm Inc., Siemens AG, Telefonaktiebolaget LM Ericsson, Zebra Technologies Corp., and Ziff Davis Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Market Driver Location-based services (LBS) are on the rise, with mobile positioning at the forefront. Satellite-based GPS, E-OTD, OTDOA, and hybrid technologies like Wireless-assisted GNSS and A-GNSS are driving this trend. LBS is transforming industries, from smart city projects and 3D mapping applications to e-commerce and mobile apps. Artificial intelligence, real-time location tracking, and Bluetooth beacons are enhancing user experience. Autonomous vehicles, disaster information systems, and geolocation data are revolutionizing transportation and logistics. LBS is also making strides in healthcare, fleet management, local search, and IoT technology. Navigation and tracking services are more accurate than ever, thanks to 5G infrastructure and the integration of AR and VR technologies. Smartphones, social media, food delivery services, hardware, software, business intelligence, and transportation are all benefiting from the advancements in LBS. The location-based gaming market is experiencing significant growth due to advancements in high-speed Internet connectivity and the integration of positioning technologies in smartphones. Games like Ingress, Pokemon Go, and Geocaching utilize GPS to create interactive map-based experiences, allowing players to navigate within the game using their current physical location. This shift in the gaming industry, driven by technologies such as cloud computing, 5G, and virtual reality (VR), has led to the emergence of new gaming models, including online multiplayer and free-roam gaming. These advancements enable players to engage in real-time, location-based experiences that go beyond traditional gaming products. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Location-based services (LBS) market is experiencing significant growth due to the increasing use of mobile positioning technologies like Satellite-based GPS, E-OTD, OTDOA, Wireless-assisted GNSS, A-GNSS, and Hybrid technologies. LBS applications include smart city projects, 3D mapping, e-commerce, mobile apps, artificial intelligence, real-time location tracking, Bluetooth beacons, autonomous vehicles, disaster information systems, and more. The integration of LBS with IoT, AR, VR, navigation and tracking, indoor location services, transportation and logistics, healthcare, 5G infrastructure, and business intelligence is revolutionizing various industries. Real-time data from positioning technologies is driving innovation in navigation services, fleet management, local search, and food delivery services. Hardware and software solutions are essential for implementing these services, making it a thriving business opportunity. Smartphone use and social media are also major contributors to the growth of the LBS market. Location-Based Services (LBS) offer consumers coupons, deals, and promotions based on their personal information, which includes location data. This data is shared among players in the LBS value chain, increasing the risk of information leakage without consent. Network providers manage and own databases, granting them access to end-users' location data. Additionally, using LBS may result in unintended disclosure of visiting places, meeting people, and attending events, which can be obtained and misused without consent. Ensuring data security and privacy is crucial in the LBS market. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This location-based services (lbs) market report extensively covers market segmentation by 1.1 Hardware 1.2 Software 1.3 Services 2.1 Outdoor 2.2 Indoor 3.1 North America 3.2 Europe 3.3 APAC 3.4 South America 3.5 Middle East and Africa 1.1 Hardware- The Location-Based Services (LBS) market is driven by various hardware components, including RFID tags, beacons, and sensors. Hewlett Packard Enterprise (HPE) offers Aruba Tags, which provide location-related data for assets and enable tracking in indoor and outdoor locations. Aruba Tags utilize Bluetooth Low Energy (BLE) technology and offer features such as maintenance-free batteries, true locations on maps, and compatibility with medical applications. HPE's Aruba beacons provide remote management support, easy deployment, and battery and USB-powered options. Cisco Systems offers a Cisco Beacon Point Module, which provides Wi-Fi access and acts as a BLE beacon. RFID tags, such as those provided by AiRISTA Flow, are cost-effective and optimize battery usage with motion sensors. These hardware components, provided by vendors like HPE and AiRISTa, are essential for implementing location-based solutions and will drive the growth of the LBS market during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis Location-based services (LBS) refer to technologies and applications that use geographic location information to enhance and facilitate various activities. Mobile positioning, such as Satellite-based GPS, E-OTD, OTDOA, Wireless-assisted GNSS, and A-GNSS, are key positioning technologies used in LBS. Hybrid technologies combine multiple positioning methods for improved accuracy. LBS finds applications in smart city projects, 3D mapping applications, IoT, AR, and VR, enabling real-time data access and navigation services. Connected devices, GPS, and smartphone use are essential for LBS, while social media platforms provide additional opportunities for location-based features. Geolocation data is a valuable asset for businesses and individuals alike, driving innovation and growth in the LBS market. Market Research Overview Location-based services (LBS) refer to technologies and applications that use mobile positioning, such as Satellite-based GPS, E-OTD, OTDOA, Wireless-assisted GNSS, A-GNSS, and hybrid technologies, to provide real-time data and navigation services. These services are used in various industries, including smart city projects, transportation and logistics, healthcare, and e-commerce. Real-time location tracking is made possible through technologies like Bluetooth beacons, 5G infrastructure, and IoT. LBS are integrated into mobile apps, augmented reality (AR), and virtual reality (VR) for indoor location services and navigation. LBS are also used in disaster information systems, transportation, and fleet management. Geolocation data is essential for business intelligence, local search, and social media. LBS are transforming industries, from food delivery services to transportation, by providing accurate and real-time data, enabling efficient and effective operations. Hardware and software solutions are continuously evolving to meet the demands of this growing market. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Component Hardware Software Services Type Outdoor Indoor Geography North America Europe APAC South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavio
JSW Group is in talks with multiple potential partners, including Chinese majors like Geely and BYD, in a quest to launch electric cars and e-trucks under its own brand, multiple people aware of the plans said. The Sajjan Jindal-owned group is looking for collaboration/s that may include potential licensing agreement or technology transfer for a full-fledged mobility company in addition to the existing JV it has with China's SAIC Motor, they said. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for With "high ambitions in the EV space," JSW has been holding "discussions with multiple established industry players in China" and the final plans-including the nature and areas of collaborations-are expected to be firmed up in 2025, one of the sources said. The paint-to-steel conglomerate has even selected platforms-two each for electric cars and commercial vehicles-for its own EV drive, people cited above said. The business is likely to be housed under JSW Green Mobility . Though the existing JV, JSW MG Motor India will have synergies with JSW Green Mobility, the two will have independent operations, the sources said. Queries related to the new business plan and talks with Geely and others sent to JSW over a week ago remained unanswered till the publishing of this report. 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BYD has a direct presence in India's emerging EV market. Led by electric two and three wheelers, India's EV market reached 1.87 million units in the first 11 months of 2024 and may end the year just short of the 2-million mark. JSW Green Mobility plans to invest ₹27,200 crore in central Maharashtra's Chhatrapati Sambhajinagar to make electric and hybrid cars. It would produce 500,000 electric cars and 100,000 commercial vehicles per annum. This was one among the seven projects approved by the state Cabinet in September 2024. In September, it appointed Rajiv Mehta as the chief of business. It has also hired Manoj Surana, a senior executive from electric bus maker Olectra Greentech , as head of homologation and technical. Nominations for ET MSME Awards are now open. The last day to apply is December 31, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. 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Micron Technology Q1: Undervalued And InnovativeJimmy Carter was a president, a peacemaker, a public health champion — and my friend. When he left the White House, Carter used the power of his name, character and influence to work on challenges that were too obscure or daunting for others to deal with. I believe he did it because he felt it was the right thing to do. His humble beginnings as a farm boy in southern Georgia helped him relate to the challenges and aspirations of everyday people, respectfully partnering with them to improve their own lives. I worked closely with Carter as vice president for health programs at the Carter Center and later as special adviser to the center’s Guinea Worm Eradication Program. I traveled with him to various places, mostly in Africa, an average of once a year from 1988 to 2010. Those trips involved long flights and sometimes lengthy rides to remote villages, giving us ample opportunity to talk about everything from birding to boatbuilding to genealogy. In 2007, we flew separately — he from Atlanta and I from Chicago, where I live — to start a visit to four countries. My flight ran into trouble early and had to return to O’Hare International Airport. It was unnerving. When my wife, Ernie, and I finally arrived in Ghana a day late, Carter greeted me with a big hug. I suffered a near-fatal heart attack in early 2015. Later that year, I was sitting outside a Carter Center conference room, waiting for a meeting to begin, when Carter and his Secret Service detail strode by on their way to his office. I expected only a wave, but he diverted his course and came over to give me another warm embrace. The last time I saw Cater and his wife, Rosalynn, was at their 75 th wedding anniversary celebration in 2021 in Plains, Georgia. He was frail after a recent hospital stay, but he soldiered on. He didn’t just shake my hand; he kissed it. Carter’s kindness belied his physical and mental toughness. During our final trip together, to South Sudan in 2010, he and his wife had contracted a stomach ailment in Khartoum, but he pushed through it and attended a series of political meetings in Juba. The next day, we took a very long drive in brutal heat to survey the Guinea worm situation in Terekeka, and he confessed to me, “I would not have been able to do this trip yesterday.” Carter used his toughness strategically. In 1995, during the Sudanese civil war, I was on the trip when he persuaded John Garang, leader of the Sudan People’s Liberation Army/Movement, to agree to a humanitarian ceasefire. Accompanied by CNN’s bureau chief from Nairobi, Carter presented his truce proposal to a reluctant President Omar al-Bashir. He warned al-Bashir that he was going to announce that Garang agreed to the truce; he gave al-Bashir the option of showing the world that he either agreed to a humanitarian ceasefire or insisted on war. Al-Bashir caved, and together they announced the famed “Guinea worm ceasefire” that night. Carter and his wife witnessed their first Guinea worm cases during a visit to two villages in Ghana in 1988. “We really need to do more to help these people,” he said. The Carter Center, the Centers for Disease Control and Prevention and UNICEF acted immediately, and a year later, there were almost no cases in those villages. However, by 2006, the Ghana program was struggling. A pumping station in Savelugu had broken down, leaving people exposed to potentially contaminated drinking water, and officials had failed to repair it. Carter was very angry, as was I. In August 2006, we invited Ghanaian health officials to Atlanta, where Carter questioned them sharply. He warned them that he planned to visit in six months. That lit a fire under them to get the pumping station fixed and reform the program. Unfortunately, the complacency of 2006 led to a large outbreak in January 2007, with more than 1,000 cases in Savelugu, including many children. Carter witnessed the disaster firsthand the following month. At a news conference, he threatened to rename the disease “Ghana worm.” In 2008, Ghana reduced its cases by 85%. Ghana is now Guinea worm-free. Hawah Alhassan, 5, in Tingoli Village near Tamale, Ghana, in 2007. She was her village’s last Guinea worm victim because of the eradication program. (Wes Pope/Chicago Tribune) In 2015, Carter said he wanted to see the last Guinea worm die before he did. That’s not likely to happen, but he’s gotten very close: There were just 14 human cases last year. I am sorry I won’t get to see his pleasure when we make Guinea worm the second human disease to be eradicated. We’ll keep working and praying to make it happen soon, knowing of his confidence that we will see it through. Dr. Donald R. Hopkins is a special adviser for Guinea worm eradication and former vice president for health programs with the Carter Center. Submit a letter, of no more than 400 words, to the editor here or email letters@chicagotribune.com .
NORTH BAY, Ont. — Dalyn Wakely scored twice as the Barrie Colts topped the North Bay Battalion 3-1 in Ontario Hockey League play on Sunday. Zach Wigle had the other goal for Barrie. Briir Long replied for North Bay. 67'S 5 PETES 4 PETERBOROUGH, Ont. — Will Gerrior scored the game-winning goal at 19:49 of the third period as the 67's edged the Petes. It was his second goal of the game. Cooper Foster, Henry Mews and Chris Barlas added singles in Ottawa's victory. SPITFIRES 10 GREYHOUNDS 6 SAULT STE. MARIE, Ont. — Cole Davis had a hat trick as the Windsor Spitfires topped the Sault Ste. Marie Greyhounds. Liam Greentree scored twice for the Spitfires. RANGERS 3 WOLVES 2 SUDBURY, Ont. — Adrian Misaljevic's overtime winner gave the Rangers a victory over the Wolves. Luke Ellinas and Haeden Ellis scored in regulation for Kitchener. KNIGHTS 4 FIREBIRDS 1 FLINT, Mich. — Noah Aboflan had a goal and an assist as the London Knights downed Flint Firebirds. PJ Fagan II, Henry Brzustewicz and Andoni Fimis also scored for London. SPIRIT 6 ICEDOGS 3 SAGINAW, Mich. — Carson Harmer scored three goals as the Saginaw Spirit defeated the Niagara IceDogs. Calem Mangone added two goals while Ethan Hay tallied once for Saginaw. GENERALS 4 FRONTENACS 2 OSHAWA, Ont. — Luca Marrelli had a goal and an assist as the Oshawa Generals downed the Kingston Frontenacs. Owen Griffin, Lauri Sinivuori and Colby Barlow also scored for Oshawa. This roundup was generated automatically with a CP-developed application. This report by The Canadian Press was first published Dec. 29, 2024. The Canadian Press
Photo: Oregon Releases Special Edition Kobe VI UO PE Cleats for Rose Bowl CFP Game
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