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Geographic Information System (GIS) Technology For LBS Market In APAC Over The Period 2017 - 2020

02-06-2017 02:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: LBS

Market Research Report

Market Research Report

LBS is used to track the location of users within a wireless network using location-enabled mobile devices. LBS uses geographic information system (GIS) technology and the Internet to track the location of users. User-initiated LBS requires an Internet connection to obtain a user's location and provide search results. Location-enabled mobile devices include smartphones, tablets, personal navigation assistants (PNDs), and location-enabled in-dash devices fitted in vehicles.

LBS is used for finding places and routes, tracking, obtaining traffic updates and real-time directions, information regarding ongoing local events, location-based advertising, location-based shopping, and location-enabled searches. It is also used for location-based entertainment and infotainment. It helps users save time and money by providing effective and efficient services.

Technavios analysts forecast the LBS market in APAC to grow at a CAGR of 28.86% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the LBS market in APAC for 2015-2020.

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

Technavio's report, LBS Market in APAC 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
AutoNavi (Alibaba Group)
Dianping
Google
HERE
MapmyIndia
NavInfo
Near
Telenav
TomTom

To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=715890

Other prominent vendors
Advanced Info Service
Apple
Bafang
Baidu
Bharti Airtel
Bing
Globe Telecom
HungryGoWhere (Singtel Digital Media)
IndoorAtlas
Insiteo
Micello
Kaikai.com
LocationGuru
Mobango
MyCityWay

Market driver
Popularity of location-based apps among consumers
For a full, detailed list, view our report

Market challenge
Lack of reliability and accuracy of data
For a full, detailed list, view our report

Market trend
Increased consumer engagement through analytics
For a full, detailed list, view our report

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?

Make an Enquiry of this report @ http://www.researchmoz.us/enquiry.php?type=E&repid=715890

About ResearchMoz

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