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LBS market in GCC 2016-2020 - Expected to Grow at a CAGR of 32.85%DUBLIN, March 4, 2016 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/3kqvhk/lbs_market_in_gcc) has announced the addition of the "LBS market in GCC 2016-2020" report to their offering. The LBS market in the GCC is expected to grow at a CAGR of 32.85% during the period 2016-2020. LBS is used to track the location of users within a wireless network using location-enabled mobile devices. It uses geographical information system (GIS) technology and the Internet to track the location of users. It is used for finding places and routes, tracking, obtaining traffic updates, and real-time directions, finding information about ongoing local events, and location-based advertising and infotainment. Location-based services improve customer support, workforce management, service delivery, and marketing effectiveness. The market is divided into the following segments based on usage:
According to the report, the adoption of smartphones has increased raidly among consumers in the GCC, particularly in the UAE and Saudi Arabia. Increasing demand for smartphones is significantly affecting the LBS market. This scenario is leading to the introduction of new smartphone models by OEMs and the development of innovative apps by application developers. Further, the report states that consumers using LBS expect reliable and accurate real-time information to be provided by LBS providers. However, providing accurate information is a difficult task, and the accuracy in real-time location-based search results is measured by the relevancy of the information provided by search providers. Key vendors:
Key questions answered in this report:
Key Topics Covered: PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Market landscape PART 06: Market segmentation by user location PART 07: Outdoor LBS: Market segmentation by service PART 08: Market drivers PART 09: Impact of drivers PART 10: Market challenges PART 11: Impact of drivers and challenges PART 12: Market trends PART 13: Vendor landscape For more information visit http://www.researchandmarkets.com/research/3kqvhk/lbs_market_in_gcc Media Contact: Research and Markets Laura Wood, Senior Manager For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716
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