Location-based services (LBS) Market to Grow at 37% CAGR by 2019 Forecasts a New Report at ReportsnReports.com

Share Article

The Global Location-based services (LBS) Market 2015-2019 is an in-depth market analysis that covers the global location-based services market landscape and its growth prospects in the coming years. AdNear, Alibaba Group Holding Ltd., and Facebook Inc. are three key vendors highlighted in the LBS market report.

Past News Releases


The Global LBS Market 2015-2019 report is the new market research. Location-based services (LBS) are used to determine the visitor behavioral pattern on a regular basis. The feature of check-ins allows the companies to ascertain where their consumers go on a regular basis and if they go to the respective stores after receiving ads in their smartphones. Based on this concept, in 2014 Google introduced a feature called Visit Monitoring. This feature collects information about common places visited by the user in day-to-day life. In addition, developers are providing a feature that can recommend places and points of interest to the users depending on their frequently visited places.

The analysts forecast the global location-based services market to grow at a CAGR of 37.68% over the period 2014-2019. Browse the report, Global LBS Market 2015-2019 at http://www.reportsnreports.com/reports/402219-global-lbs-market-2015-2019.html. The report is about 148 pages and provides 65 Exhibits to support the research.

The Global LBS Market 2015-2019 report, analyses the solutions and products offered by market vendors. The report provides a comprehensive breakdown in terms of market segmentation for:

  •     Different Service Categories
  •     Including location-based services and applications (LBSA)
  •     Location-based tracking
  •     Location-based navigation
  •     Location-based infotainment
  •     Location-based analytics
  •     And location-based recreation and fitness; and others.

According to the Global LBS Market 2015-2019 report, social media are gaining popularity because of the advances in LBS. Social media platforms such as Facebook, Foursquare, and Twitter allow users to check in to a location and find out about that place. This feature is becoming popular among users because of various discounts offered by checking in at locations. For instance, Starbucks offers discount coupons to Foursquare users if they pass by a store. In addition, other apps such as Google Maps and Yelp apps have made it easier for tourists to find and access a location. LBS are becoming important in an individual's life, and companies are undertaking R&D to come up with innovations in LBS and location-based media.

Additionally, analysts have segmented market projections by key geography, including the US, the rest of North America, China, Western Europe, Latin America, India, the Middle East, Africa, and South East Asia.

This report covers the present scenario and the growth prospects for the global LBS market from 2015-2019. To calculate the market size, the report considers revenue generated from indoor and outdoor LBS.

Purchase a Copy of Report at http://www.reportsnreports.com/Purchase.aspx?name=402219.

The following companies are the key players in the global LBS market: Adnear, Alibaba, Facebook, Foursquare, HERE, Telecommunications system and TomTom.

Other Prominent Vendors in the market are: AdMoove, Aisle411, Android, Bafang, Bing Maps, Blinksight, Bouncity, Celcom, CEVA, Cisco, Clingle, CommScope, CompassCom, DbyDx software, Deveryware, Dialme 24, Earthlink, Ekahua, Ericson, ESRI, Fastmall.com, Field Power, FindMap, Genasys, IndoorAtlas, IndoorGo, Indosat, Insiteo, Intellinet, Invisitrack, IQService's, Jatis Mobile, Komli mobile, Lighthouse signal systems, Link Communication, Locaid, LociLoci, Locotronix, LoJack, Mappoint Asia, MetaCarta, Navizon, NetEase, NextNav, Omnisense, Point Inside, Quuppa, Roger wireless, Sensewhere, Skyhook, SmartTrust, TaximongerTelenityTelesonera, TelideoTrimble, TruePosition, Trusted Position, Ubisense, Useful networks, WiseSec and ZOS.

Market Driver

  •     Increased adoption of location-based media and location-based services
  •     Use of location-based analytics in business intelligence

Market Challenge

  •     Data privacy concerns is a major barrier
  •     Legal concerns

Market Trend

  •     Increasing use of LBS to monitor consumer behavior
  •     Location-based alerts and other information

LBS Market in Europe:

LBS Market in Western Europe 2015-2019 (http://www.reportsnreports.com/reports/402248-lbs-market-in-western-europe-2015-2019.html) : The analysts forecast LBS market in Western Europe to grow at a CAGR of 36.92% over the period 2015-2019.
The following companies are the key players in the LBS market in Western Europe: Foursquare, Google, HERE, Telefonica, Telecommunications System and Vodafone.

Other Prominent Vendors in the market are: Creativity Software, Creative Workline, Mecomo Pro, Microsoft, Mopius, Novasys, Oxford Softworks, SFR, Sharpmind, Telekom Italia, TeleSonera, TikGames, YDreams and YellowMap.

Indoor LBS Market in Western Europe 2015-2019 (http://www.reportsnreports.com/reports/327289-indoor-lbs-market-in-western-europe-2015-2019.html): The analysts forecast the Indoor LBS market in Western Europe to grow at a CAGR of 56.24 percent over the period 2014-2019. One key trend in this market is the increased use of LBS in financial institutions. Banks in the UK use LBS to engage customers and provide them with a more personalized banking experience. Also, banks are implanting iBeacons in their branches to detect the location of a customer inside a branch.

The report recognizes the following companies as the key players in the Indoor LBS Market in Western Europe: Apple Inc., Google Inc., HERE, Micello, Qualcomm Inc. and Zebra Technologies.

Other Prominent Vendors in the market are: Broadcom, FastMall.com, Insiteo, Microsoft, Mubaloo, Navizon, Path Intelligence, Pole Star, Sensewhere, Skyhook Wireless and Vouchercloud.

About US
ReportsnReports.com is an online market research reports library of 500,000+ reports and in-depth studies of 5000+ micro markets. Call +1 888 391 5441 with your industry research requirements or email, the details on sales at reportsandreports.com.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Ritesh Tiwari
since: 06/2010
Follow >
since: 06/2011
Like >
Follow us on
Visit website