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Research and Markets: US Mobile LBS Market 2015 Report With Forecasts to 2019Research and Markets (http://www.researchandmarkets.com/research/tzbmfc/mobile_lbs_market) has announced the addition of the "Mobile LBS Market in the US 2015-2019" report to their offering. Location-based Services Market in the US Expected to Grow at a CAGR of 27.27% over 2014-2019 Location-based services (LBS) use the positioning capabilities of wireless applications to deliver innovative services to mobile users. LBS offers a cost-effective engagement with mobile customers. LBS uses GIS technology and the Internet to track the user's location. The various location-enabled mobile devices are smartphones, tablets, PNDs, and devices fitted in vehicles. According to the report, the market for smartphones and tablets is growing rapidly. In developed countries like the US, the rate of adoption is higher with 63% of the market consisting of these devices. Data usage and mobile broadband are likely to increase with the rise in the number of services and applications. The shipments of smartphones grew from 500 million units in 2011 to 1.3 billion units in the fourth quarter of 2014. Tablet shipments for the US increased from 4 million units in 2012 to 100 million by the end of 2014. LBS is being used for gaming, billing, sports tracking, navigation, and emergency purposes. In 2015, the FCC (News - Alert) implemented new rules for wireless E911. The rules mandate mobile operators to provide increased location accuracy of wireless emergency calls. For instance, a new mandate created requires information regarding the caller's height above ground. These new mandates were designed to make E911 information available to emergency responders in a useful, accurate, and timely manner. Further, the report states that the US location-based services market is affected by data privacy and a fragmented value chain. Key Topics Covered
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For more information visit http://www.researchandmarkets.com/research/tzbmfc/mobile_lbs_market View source version on businesswire.com: http://www.businesswire.com/news/home/20150814005190/en/ |
