|[December 06, 2013]
Research and Markets: Global Location Based Services (LBS) Market Forecasts Report, 2016
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/pkwhdw/global_location)
has announced the addition of the "Global
Location Based Services (LBS) Market Forecasts Report, 2016"
report to their offering.
One of the main factors driving the market is the increasing adoption of
GPS-enabled devices. The adoption of GPS-enabled devices such as
smartphones, tablets, PNDs, handhelds devices, wrist-worn devices,
two-way radios, sports devices, and portable LBS devices has increased
significantly over the past few years.
One of the main trends witnessed in the Global LBS market is the
increasing adoption of LBS across industries. Several industries are
increasingly adopting LBS devices to enhance the efficiency of their
supply chain operations. LBS applications are used to track logistics,
vehicle movements, stocks (commodities at outdoor outlets), and for
inventory management. The Retail and Food & Beverages industries are the
two ajor industries where LBS devices are increasingly used in SCM to
reduce transportation costs. In addition, the increasing adoption of LBS
in fleet management provides a competitive advantage for companies since
it helps establish communication between drivers and fleet management
operators. Thus, the increasing adoption of LBS across industries augurs
well for the growth of the market during the forecast period.
Further, the report states that one of the main challenges is growing
concerns over privacy. In order to be able to effectively use various
LBS applications such as the friend finder application, location-based
games, location-based coupons, location-based deals, and location-based
advertisements, LBS users have to reveal their location to the
respective network providers, advertisers, and other third parties.
The key vendors dominating this space include:
Foursquare Labs Inc.
Garmin (News - Alert) Ltd.
Telecommunication System Inc.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
04. Market Research Methodology
05. Scope of the Report
06. Market Landscape
07. Global LBS Market By Service Category
08. LBS Market by Device Categories
09. LBS market by User Segment
10. Global Indoor LBS Market
11. Integration of LBS with Social Networking Sites
12. LBS Value Chain
13. LBS for People Monitoring and Safety
14. LBS for Mobile Operators
15. Geographical Segmentation
16. Vendor Landscape
17. Buying Criteria
18. Market Growth Drivers
19. Drivers and their Impact
20. Market Challenges
21. Impact of Drivers and Challenges
22. Market Trends
23. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/pkwhdw/global_location
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