|By PR Newswire||
|February 5, 2014 01:30 PM EST||
LONDON, Feb. 5, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:
Combining Location, Mapping, Augmented Reality and Wearable Devices
Smart Spaces refer to the use of location-based applications in an indoor or outdoor environment, to provide an interactive and informative experience for the user with the surroundings. Presently, the location-based applications market includes mobile applications for mapping, navigation, transport updates, traffic reporting, parking availability and location-based advertising. This research study discusses key factors that are expected to have an impact on the future of the location-based applications market, such as indoor connectivity, augmented reality, big data and wearable devices. It analyses the opportunities and challenges presented by these trends and how it affects key participants in the market.
Wearable devices are the current hot topic in the mobile devices market, especially since prominent IT innovator Google Inc. announced its Google Glass and with many other major manufacturers, such as Qualcomm Inc. and Samsung Electronics Co. Ltd, joining the wave of innovation. Wearable devices are likely to revolutionise the mobile device ecosystem and provide improved and more intuitive experiences for consumers. These devices could be electronically-powered glasses, watches, wristbands or even clothing that infuse technology into the everyday lives of consumers.
One of the primary benefits of these devices is the ability to provide services that are adapted to the location of the user. As with a smartphone, such devices can inform the user about his surrounding and offer information for easier navigation. However, the advantage of a wearable device over a smartphone is its ubiquitous presence, thereby allowing the consumer to go about his everyday activity, while at the same time absorbing information from the surroundings.
The proliferation of mobile and wearable devices that support location-based applications is expected to contribute to the development of smart spaces. Smart spaces refer to the use of location-based technology and data to keep individuals informed and facilitate interaction with their surroundings, wherever the user may be (outdoors or indoors). In this research service, Frost & Sullivan describes the present market for location-based applications and augmented reality and discusses how these can combine with wearable devices to provide an interactive and informative experience for the individual in relation to his/her surroundings. It will also discuss how location-based applications on wearable devices can be beneficial for consumers, as well as enterprises.
Evolution of Location-based Applications
Long before the development of mobile devices with location-based applications, individuals resorted to the use of paper-based maps, enquiry centres or websites (accessed via mobile broadband) for questions related to travel directions or public transport schedules. However, these measures did not always yield positive results, as enquiry counters may not have accurate information all the time and searching websites on a mobile device can be a time-consuming and tiring process.
With the development of accurate geo-positioning systems, technology has evolved to accommodate accurate mapping services that can communicate information about the location of a user through an application on a mobile device. The market for location-based applications has grown from the provision of simple mapping services to advanced services, such as location-based advertising, incorporation of 3-D mapping to provide a realistic experience for consumers and indoor mapping services that make indoor public spaces, such as shopping centers and museums, more interactive. The following section discusses the scope for location-based applications, describing the popular services available today and avenues for future development.
Market for Location-based Applications
Location-based applications refer to the use of mobile devices to provide services in accordance with the location of the individual.
One of the most fundamental location-based applications used by customers is mapping and navigation. Dominated by Google, the market for mapping and navigation services using global positioning systems has reached a mature stage, with offerings from leading participants, such as Nokia Corporation, Microsoft Corporation and Apple Inc.
Mapping applications are developed based on inputs from developers. In addition, contributions through crowdsourcing are also used to deal with challenges that developers may face.
In order to survive in this competitive market, it is important for vendors to provide value-added services, in addition to accurate, quality mapping data. Therefore, applications may also offer other services, such as weather, traffic updates and public transport schedules.
Table of Contents
1. Executive Summary
• Evolution of Location-based Applications
• Market for Location-based Applications
3. Trends in the Location-based Applications Market
• Indoor Connectivity
• Augmented Reality
• Big Data and Analytics
• Wearable Devices
4. Business Model for Developers in the Location-based Applications Market
5. Challenges in the Location-based Applications Market
• Business Model
• Lack of Standards in Indoor Connectivity
• Issues with Wearable Device Development
• Privacy Issues
7. Legal Disclaimer
8. The Frost & Sullivan Story
Read the full report:
Moving in Smart Spaces
As organizations shift towards IT-as-a-service models, the need for managing & protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection & E-Discovery of your data - whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise.
Nov. 29, 2015 06:00 PM EST Reads: 222
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, explored the IoT cloud-based platform technologies driving t...
Nov. 29, 2015 06:00 PM EST Reads: 432
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, explored the value of Kibana 4 for log analysis and provided a hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He examined three use cases: IT operations, business intelligence, and security and compliance. Asaf Yigal is co-founder and VP of Product at log analytics software company Logz.io. In the past, he was co-founder of social-trading platform Currensee, which...
Nov. 29, 2015 04:00 PM EST Reads: 248
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Nov. 29, 2015 02:00 PM EST Reads: 483
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
Nov. 29, 2015 01:00 PM EST Reads: 412
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
Nov. 29, 2015 01:00 PM EST Reads: 350
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Su...
Nov. 29, 2015 12:45 PM EST Reads: 417
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
Nov. 29, 2015 12:30 PM EST Reads: 423
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Nov. 29, 2015 12:00 PM EST Reads: 525
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
Nov. 29, 2015 11:45 AM EST Reads: 324
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Nov. 29, 2015 11:30 AM EST Reads: 273
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Sam McIntyre, Partner Enablement Specialist at eFolder, presented how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He also demonstrated how easy it is to search and restore cloud application data using Cloudfinder.
Nov. 29, 2015 10:00 AM EST Reads: 202
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, exploreed the current state of IoT connectivity and review key trends and t...
Nov. 29, 2015 09:45 AM EST Reads: 451
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessi...
Nov. 29, 2015 09:15 AM EST Reads: 344
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.
Nov. 29, 2015 08:45 AM EST Reads: 221