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LBS market in the US to grow at a CAGR of 30.03% during the period 2016-2020

The Report LBS Market in US 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz

Description

 

About LBS Market in US

 

LBS use the location of a mobile device to provide the required information through a mobile network. GPS deliver location information worldwide for outdoor environments. However, it does not provide such information for indoor environments.

Technologies such as wireless fidelity (Wi-Fi), wireless local area network (WLAN) modems, radio frequency identification (RFID) tags, ultrasound, infrared, and Bluetooth low energy (BLE) provide content information for indoor environments.

Location-enabled mobile devices include smartphones, tablets, and devices fitted in vehicles. The location of such devices is determined by localization, which considers the user's browsing activities related to navigation, lifestyle, shopping, social networking, public transportation, utilities, and games. LBS provide information about ongoing local events, shopping, and entertainment. They have emerged as an essential component of marketing strategies and monitoring systems.

 

Technavios analysts forecast the LBS Market in the US to grow at a CAGR of 30.03% during the period 2016-2020.

 

Covered in this report

 

The report covers the present scenario and the growth prospects of the location-based services (LBS) market in the US for 2015-2020.

 

The market is divided into the following segments based on end-users:

Individual consumers

Government organizations

SMEs and large enterprises

 

Download Detail Report With Complete TOC at: http://www.marketresearchreports.biz/sample/sample/668419

 

Technavio's report, LBS Market in US 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

Apple

Foursquare

HERE

Micello

Telenav

 

Other prominent vendors

Aisle411

Google

IndoorAtlas

Intel

MazeMap

Navizon

Near (AdNear)

Polaris Wireless

Scanbuy

Sensewhere

Shopkick

Spirent Communications

Sprint

TeleCommunication Systems

Telenity

TomTom

Verve Wireless

Waze

xAd

Yelp

Zebra

 

Market driver

High adoption of smartphone devices

For a full, detailed list, view our report

 

Market challenge

Security and privacy concern

For a full, detailed list, view our report

 

Market trend

LBS using LED fixtures

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?

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