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Global LBS market trends detailed in new research report

Industrial Market Research

LBS is used to track the location of users within a wireless network using location-enabled mobile devices. LBS uses geographic information system (GIS) technology and the Internet to track the location of users.

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User-initiated LBS requires an Internet connection to obtain a user's location and provide search results. Location-enabled mobile devices include smartphones, tablets, personal navigation assistants (PNDs), and location-enabled in-dash devices fitted in vehicles.

LBS is used for finding places and routes, tracking, obtaining traffic updates and real-time directions, information regarding ongoing local events, location-based advertising, location-based shopping, and location-enabled searches. It is also used for location-based entertainment and infotainment.

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It helps users save time and money by providing effective and efficient services.

Publisher’s analysts forecast the LBS market in APAC to grow at a CAGR of 28.86% during the period 2016-2020.

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Covered in this report 
The report covers the present scenario and the growth prospects of the LBS market in APAC for 2015-2020. 

The market is divided into the following segments based on usage: 
- Indoor LBS
- Outdoor LBS

Publisher's report, LBS Market in APAC 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
- AutoNavi (Alibaba Group) 
- Dianping
- Google
- MapmyIndia
- NavInfo
- Near
- Telenav
- TomTom 

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Other prominent vendors 
- Advanced Info Service
- Apple
- Bafang
- Baidu
- Bharti Airtel
- Bing
- Burpple
- Celcom Mobile
- DbyDx Software (Kellton Tech)
- Dialme24
- Digi Telecommunications
- Esri
- Facebook
- GETIT Infoservices 
- Globe Telecom
- HungryGoWhere (Singtel Digital Media)
- IndoorAtlas
- Insiteo
- Micello
- LocationGuru
- Mobango
- MyCityWay
- NetEase
- Picky
- PT Indosat
- Qualcom IZat
- Ruckus Wireless
- Spime
- Scanpoint Geomatics
- Syniverse Technologies
- SatNav Technology
- Sifang
- Sina
- TELiBrahma Technologies
- Tata Teleservices
- (Ola Cabs)
- Tencent Holdings
- XL Axiata 
- Yahoo
- Yelp

Market driver 
- Popularity of location-based apps among consumers
- For a full, detailed list, view our report 

Market challenge 
- Lack of reliability and accuracy of data 
- For a full, detailed list, view our report 

Market trend 
- Increased consumer engagement through analytics
- For a full, detailed list, view our report 

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