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Research and Markets: Global Location Based Services (LBS) Market Forecasts Report, 2016

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 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.

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 Ltd.
  • Navteq Corp
  • Telecommunication System Inc.
  • TeleNav Inc.
  • TomTom N.V.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Introduction

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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