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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
Furthermore, the partnership between Gaode Maps and Lenovo Baiying reinforces the importance of customer-centric innovation. By prioritizing the needs of users and creating solutions that enhance their overall experience, both companies have solidified their positions as leaders in the tech industry.Milan could drop Leao in Champions League even if Fonseca says ‘he’s fine’
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PITTSBURGH , Dec. 4, 2024 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) ("FNB" or the "Company") today announced the pricing of its offering of $500 million aggregate principal amount of its fixed rate / floating rate senior notes due 2030 (the "Notes"). The Notes will bear interest at 5.722% per annum, payable semi-annually in arrears on June 11 and December 11 , of each year, commencing on June 11, 2025 , and ending on December 11, 2029 . Starting on December 11, 2029 , the Notes will bear interest at a floating rate per annum equal to Compounded SOFR plus 1.93%, payable quarterly in arrears on March 11, 2030 , June 11, 2030 , September 11, 2030 and on the maturity date. The offering is expected to close on December 11, 2024 , subject to customary closing conditions. The Company expects to use the net proceeds from the offering for general corporate purposes, which may include investments at the holding company level, capital to support the growth of the Company's banking subsidiary and refinancing of outstanding indebtedness. Morgan Stanley & Co. LLC, BofA Securities, Inc., and WauBank Securities LLC are serving as joint book-running managers, and Bancroft Capital, LLC, BMO Capital Markets Corp., Goldman Sachs & Co. LLC, and Piper Sandler & Co. are serving as co-managers. FNB has filed a shelf registration statement (including a base prospectus) and a prospectus supplement with the U.S. Securities and Exchange Commission (the "SEC") for the offering to which this communication relates. Before investing, prospective investors should read the registration statement (including the base prospectus), the prospectus supplement and other documents FNB has filed and will file with the SEC that are incorporated by reference into the registration statement and the prospectus supplement for more complete information about FNB and the offering, including the risks associated with the securities and the offering. This announcement is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any offer or sale of any securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The securities are neither insured nor approved by the Federal Deposit Insurance Corporation. The offering will be made only by means of a prospectus supplement and accompanying base prospectus, copies of which may be obtained free of charge from the SEC's website at: www.sec.gov . Alternatively, any underwriter or any dealer participating in the offering will arrange to send you the prospectus supplement and accompanying base prospectus if you request it by contacting: Morgan Stanley & Co. LLC Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, email: prospectus@morganstanley.com , or BofA Securities, Inc., NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attn: Prospectus Department, Email: dg.prospectus_requests@bofa.com . About F.N.B. Corporation F.N.B. Corporation (NYSE: FNB), headquartered in Pittsburgh, Pennsylvania , is a diversified financial services company operating in seven states and the District of Columbia . FNB's market coverage spans several major metropolitan areas including: Pittsburgh, Pennsylvania ; Baltimore, Maryland ; Cleveland, Ohio ; Washington, D.C. ; Charlotte , Raleigh , Durham and the Piedmont Triad ( Winston-Salem , Greensboro and High Point ) in North Carolina ; and Charleston, South Carolina . The Company has total assets of $48 billion and approximately 350 banking offices throughout Pennsylvania , Ohio , Maryland , West Virginia , North Carolina , South Carolina , Washington, D.C. and Virginia . FNB provides a full range of commercial banking, consumer banking and wealth management solutions through its subsidiary network which is led by its largest affiliate, First National Bank of Pennsylvania , founded in 1864. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, government banking, business credit, capital markets and lease financing. The consumer banking segment provides a full line of consumer banking products and services, including deposit products, mortgage lending, consumer lending and a complete suite of mobile and online banking services. FNB's wealth management services include asset management, private banking and insurance. The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol "FNB" and is included in Standard & Poor's MidCap 400 Index with the Global Industry Classification Standard (GICS) Regional Banks Sub-Industry Index. Customers, shareholders and investors can learn more about this regional financial institution by visiting the F.N.B. Corporation website at www.fnbcorporation.com . Information on FNB's website does not constitute part of, and is not incorporated by reference in, the prospectus or prospectus supplement. View original content to download multimedia: https://www.prnewswire.com/news-releases/fnb-corporation-prices-500-million-senior-notes-offering-302323157.html SOURCE F.N.B. Corporation
The COP29 climate summit in Baku, Azerbaijan, concluded yesterday with an agreement to provide $300 billion annually to developing nations by 2035, helping to mitigate and adapt to the impacts of climate change . While hailed as progress to the previous $100 billion commitment , the sum fell short of the $1.3 trillion initially identified as necessary to address the crisis. “Without more substantial financing, many vulnerable countries will remain underprepared for escalating climate challenges,” said Ani Dasgupta , CEO of the World Resources Institute. The agreement has drawn mixed reactions. Per BBC, India criticized the deal as a "paltry sum," while Nigeria labeled it a "joke." Delegates from the Marshall Islands expressed disappointment, describing the funding as woefully inadequate, yet acknowledged it as a starting point. Meanwhile, wildlife conservation organization WWF expressed concern, calling the deal far below the ambition needed. "The world has been let down by this weak climate finance deal. This is a serious blow to climate action, but it must not stall the solutions that are desperately needed around the world," said WWF Global Climate and Energy Lead and COP20 President Manuel Pulgar-Vidal . The world remains on track for a temperature rise of 3.1°C by the century’s end. That’s far above the Paris Agreement’s goal of limiting warming to 1.5°C, according to recent UN reports. Under the 1992 UN Framework Convention on Climate Change, 23 developed nations and the European Union must contribute to climate finance. The agreement also encourages private investment and contributions from institutions like the World Bank to meet the funding targets. The funds will support adaptation efforts. That includes building flood-resistant infrastructure and sustainable agriculture and facilitating a transition to renewable energy in developing nations. Additionally, the summit finalized rules for a global carbon market. This system will allow companies to offset emissions by purchasing credits linked to reforestation and renewable energy initiatives. These efforts aim to accelerate the implementation of Nationally Determined Contributions (NDCs), with countries required to update their climate action plans by February 2025. President Joe Biden called the agreement "an essential step toward mobilizing funds to combat the climate crisis" while acknowledging the work ahead. However, President-elect Donald Trump 's return raises doubt over the future of U.S. involvement, particularly given his previous withdrawal from the Paris Agreement. The Brazilian city of Belém will host the next summit, COP30, in November 2025. Brazilian officials have promised a high-stakes event they call the "COP of COPs," focusing on limiting global warming to 1.5°C. iShares Global Clean Energy ETF ICLN rose following the news. At 12:45 pm EST, it was trading 1.83% higher at $12.34. Read Next: ‘It’s The Most Wonderful Time Of The Year’ For The Stock Market, History Says Image: Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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