TMCnet News
Location-based Services - Technavio Publishes Market Research & AnalysisTechnavio has published a new report on the global LBS market, which is expected to grow at a CAGR of almost 38% from 2015-2019. Location-based services market segmentation including service category, usage, and geography Technavio's report analyses the solutions and products offered by market vendors and presents 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. 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. "LBS are used to determine the behavioural pattern of the consumers on a regular basis, and whether they go to the respective stores after receiving ads in their smartphones. In 2014, Google (News - Alert) introduced a feature called visit monitoring, which gathers information about common places visited by the user daily," says FaisalGhaus, Vice President of Technavio. LBS: Market scope and calculation of market size 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. Industry analysis includes:
View the global LBS market report. Technavio currently has more than 3000 market research reports on a huge range of topics, including 300+ reports on the LBS market: If you are interested in more information, please contact our media team at [email protected].
View source version on businesswire.com: http://www.businesswire.com/news/home/20150612005145/en/ |
