|By PR Newswire||
|April 14, 2014 06:18 AM EDT||
DUBLIN, Apr. 14, 2014
/PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/dxjmsv/global_location) has announced the addition of the "Global Location Based Services (LBS) Market Report" report to their offering.
The analysts forecast the Global Location-based Service (LBS) market to grow at a CAGR of 35.25 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing adoption of GPS-enabled devices. The Global LBS market has also been witnessing the increasing adoption of LBS across various industries. However, the increasing concern associated with personal data privacy could pose a challenge to the growth of this market.
The report, the Global Location-based Service (LBS) Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, and the EMEA and APAC regions; it also covers the Global LBS market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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 major 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.
According to the report, 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.
Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
4. Market Research Methodology
5. Scope of the Report
6. Market Landscape
7. Global LBS Market By Service Category
8. LBS Market by Device Categories
9. 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
24. Other Reports in this Series
- AT&T Mobility
- Bharti Airtel Ltd.
- Broadcom Corp.
- ChalkBoard Pte Ltd.
- Foursquare Lab Inc.
- Foursquare Labs Inc.
- France Telecom SA
- Garmin Ltd.
- Google Inc.
- Jiepang Api
- Loopt Inc.
- MiTac International Corp.
- MTN Group Ltd.
- Navteq Corp.
- PDAger Technology
- Poynt Corp.
- Proximus Mobility LLC
- Qualcom Inc.
- Qype GmbH
- Rogers Wireless Inc.
- Scanbuy Inc.
- Shopkick Inc.
- SiRF Technology Inc.
- Skyhook Wireless Inc.
- Taptu Ltd.
- Telecommunication System Inc.
- Telemap Ltd.
- TeleNav Inc.
- Tiros Technology
- TomTom N.V.
- Verizon Communication Inc.
- Vodafone Group plc
- xAD Inc.
- Xtify Inc.
For more information visit http://www.researchandmarkets.com/research/dxjmsv/global_location
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
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