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China's LBS Market is Expected to grow at a CAGR of 46.85% during 2016-2020

02-08-2017 02:57 PM CET | IT, New Media & Software

Press release from: Location-based Services

Albany, NY, Feb 08, 2017: LBS use the location of a mobile device to provide information through a mobile network. GPS delivers location information anywhere around the globe for outdoor environments. For indoor environments, technologies such as Wi-Fi, wireless local area network (WLAN) modems, radio frequency identification (RFID) tags, ultrasound, infrared, and Bluetooth low energy (BLE) provide content information.

The location of a device is determined by localization, which is based on the user's information such as navigation data, lifestyle, shopping habits, social networking activities, and use of public transportation. Location-enabled mobile devices include smartphones, tablets, and the devices fitted in vehicles. LBS provide useful information regarding ongoing local events, shopping, and location-based entertainment options. In addition, LBS have become an essential component of the marketing strategies and monitoring systems of small businesses.

The LBS market in China to grow at a CAGR of 46.85% during the period 2016-2020. The report covers the present scenario and the growth prospects of the LBS market in China for 2015-2020.

The market is divided into the following segments based on technology:
- Indoor LBS
- Outdoor LBS

Get a Sample Research PDF with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=685201

Technavio's report, LBS Market in China 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Alibaba Group (Norinco Group)
- Baidu (IndoorAtlas)
- Dianping
- NavInfo
- Tencent

Other prominent vendors
- AccuWeather
- AutoNavi
- China Mobile
- DecaWave
- Jiepang
- Momo
- NetEase
- Qieke
- Sensewhere
- SINA
- Sky-Mobi
- Telenav
- ZettaMobile
- ZTE

Enquiry at: http://www.researchmoz.us/enquiry.php?type=E&repid=685201

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

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