Key Players in the North American Location Based Services (LBS) market are Cisco, Microsoft, ESRI, Blackberry, Facebook, and Masternaut.
(PRWEB) October 06, 2014
The North American Location Based Services (LBS) market report defines and segments the LBS market in North America with analysis and forecast of revenue. This market is estimated to grow from $2,789.3 million in 2014 to $13,300.7 million by 2019, at a CAGR of 36.7% from 2014 to 2019.
Browse through the TOC of the North American Location Based Services (LBS) market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.
Location based service can be defined as an information service provided by a device with location details as and when required. The information is constantly updated according to the changing location of the device. Location data is a vital part of the mobile experience and is used mostly in mobile apps. This data is widely used for geo-social networking, navigation and travel, retail and real estate searches, and mobile marketing and advertising. With the increase in the number of smart phone users, location-based technologies are emerging at a fast pace and diversifying to businesses providing ubiquitous applications on location-based data.
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North America is one of the developed regions in technology and software applications. The LBS market in this region is expected to grow due to the high adoption rate of GPS-enabled devices. The major opportunity areas of this market include mobile advertisements, tourism, and consumer tracking. Various organizations are stakeholders in the North American LBS market as they use these services to track their employees and clients.
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The North American market for location based services market is segmented and forecast on the basis of products such as hardware, software, and services. The market is further segmented on the basis of services such as consulting, integration and design, managed services, and other services. It has also been segmented on the basis of technologies such as Cell-ID, E-OTD, OTDOA, A-GPS, E-GPS, hybrid technology, and other technologies. The applications of this market are mapping, discovery and infotainment, business intelligence and analytics, emergency support and disaster management, leisure and social networking, location-based advertising, location-based games and augmented reality, tracking and others.
The report also includes market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.
Related Reports :
Europe Location Based Services (LBS) Market
Location Based Service (LBS) is a solution which helps in analyzing the information of the location so that it can be integrated with the business processes. This solution is also an alternative to the existing GIS resources. The latest technology i.e. smart phone’s and social networking trends are the drivers for the location based service (LBS) market.
In addition, the Location Based Services (LBS) Market is expected to rise due to availability of low-cost GPS devices, high interest in user’s private location information services and deployment of 4G. The major opportunity areas for Location Based Service (LBS) Market are from the navigation, mobile advertisements, tourism, and consumer tracking.
Latin America Location Based Services (LBS) Market
The Latin American location based service (LBS) market is expected to grow from $845.5 million in 2014 to $4065.5 million by 2019, at an estimated CAGR of 36.90%, for the given period. The Latin American location based service (LBS) market can be segmented by geographies, products, service, technology, application, and verticals.
The report analyzes global adoption trends, future growth potential, key drivers, restraints, opportunities, and best practices in the location based service market. The technologies covered in this report are Cell-ID, E-OTD, OTDOA, A-GPS, E-GPS, and hybrid technology.
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