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Indoor LBS Market in SEA to grow at a CAGR of around 90% during Forecast 2016-2020

02-17-2017 03:14 PM CET | IT, New Media & Software

Press release from: LBS

Albany, NY, Feb 17, 2017: The market research analyst predicts the indoor LBS market in SEA to grow at a CAGR of around 90% during the forecast period. Proximity-based mobile marketing and advertising is the primary growth driver for this market. Proximity-based solutions provide not only relevant offers and information to customers but also help companies to track data regarding people at different venues and locations, and discover common traffic patterns to understand and analyze consumer buying behavior.

The rising popularity of smartphones is anticipated to drive the market growth during the forecast period. Also, due to mobile Internet that provides real-time information and context aware services by leveraging cloud technology, highly personalized location services have been provided to retailers. These solutions help to maintain high customer engagement increasing retailer sales.

Segmentation of indoor LBS market in SEA by industry
- Retail
- Aviation
- Healthcare
- Government organizations

Retailers are delivering navigation and product details to assist the customer for better purchase decisions. The retail industry constitutes approximately 60% of the overall market.

Get a Sample Research PDF with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=489874

Segmentation of indoor LBS market in SEA by product
- Maps
- Automotive services
- Location and alerts
- Campaign management
- Location-based advertising services
- Precision geo-targeting
- Proximity beacons
- Consumer services
- Enterprise services
- Secure transactions and redemptions
- Analytics and insights
- Competitive landscape and key vendors

The indoor LBS market includes many stakeholders such as application developers, map providers, data providers, platform providers, location-aware application, and media providers. The development of innovative LBS solutions such as the use of LED fixtures automatically increases customer demand. Hence, many businesses across industries are deploying indoor LBS leading to increased competition.

The key vendors in the market are –
- HERE
- Sprooki
- Ruckus Wireless
- Yoose
- Google.

Other prominent vendors in the market include Cartogram, Foursquare, IndoorAtlas, Insiteo, Micello, Near (AdNear) , Qualcomm IZat, and Shopkick.

Enquiry at: http://www.researchmoz.us/enquiry.php?type=E&repid=489874

Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the indoor LBS market in SEA?
- What are the Key Market trends?impacting the growth of the indoor LBS market in SEA?
- 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 vendors in the indoor LBS market in SEA?
- What are the key outcomes of the five forces analysis of the indoor LBS market in SEA?

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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