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  • Location-Based Services Market LBS Industry to grow at a CAGR of 39.77% to 2021

     



    (I-SoftwareNews.Com, February 21, 2018 ) Location-based services (LBS) are part of a software application that uses location data for IP-capable mobile devices to trace where the mobile device is located.

    Publisher's analysts forecast the global LBS market to grow at a CAGR of 39.77% during the period 2017-2021.

    The growing trend for the integration of location-based search with social networking websites will drive the growth prospects for the global LBS market during the projected period. The increasing interest of handset manufacturers and LBS providers towards the development of applications that integrate location-enabled search with social networking sites to enable users post updates on social networking sites with exact location information will fuel the popularity of location-based services.

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    As a result, a large number of interested consumers can share real-life experiences using geo-tagged and user-generated multimedia content. Also, LBS enables users to access social networking sites and reach advertisers based on their location-based apps. GeoSolutions, Pelago, and Loopt are some of the major LBS providers that offer location-based mobile social networking services.

    Key vendors
    - Alibaba Group
    - Apple
    - Foursquare
    - Google
    - HERE

    Other prominent vendors
    - Aisle411
    - Baidu
    - Dianping
    - Etisalat
    - Facebook
    - Intel
    - MazeMap
    - Micello

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    Market driver
    - Increased number of mobile computing devices

    Market challenge
    - Privacy and security issues

    Market trend
    - Growing popularity of proximity-based mobile advertising among enterprises

    Fundamentals of Table of Content:

    PART 01: Executive summary
    PART 02: Scope of the report
    PART 03: Market research methodology
    PART 04: Introduction
    PART 05: Global construction market
    PART 06: Market drivers
    PART 07: Market trends
    PART 08: Global AEC market
    PART 09: Market segmentation by product
    PART 10: Geographical segmentation
    PART 11: Market challenges
    PART 12: Impact of drivers and challenges
    PART 13: Five forces model
    PART 14: Key vendor analysis
    PART 15: Key vendor profiles

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    Key questions answered in this report
    - What will the market size be in 2021 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?

    ReportsWeb.com

    Rajat Sahni

    +1-646-491-9876

    sales@reportsweb.com

    Source: EmailWire.Com

    Source: EmailWire.com

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