Location Based Service Market Research Reports

Increase in the incomes and spending power of individuals, the global Location Based Service market has witnessed a healthy growth in the past few years. With the modernization in the urban lifestyle, the Location Based Service market has also experienced a positive growth in the recent years. The market further expected double digit growth in coming years. The key drivers contributing this growth are introduction of GPS, growing penetration of GPS-based touch-screen mobile phones, rising popularity of mobile commerce. Rising use of Location based Social Network Services, Location Based Shopping Applications, Location Enabled Search, and Location Based Mobile Advertising are also driving the location based service market. In addition, growing demand for personal navigation and location based services that offer consumers with POI information also one of the key factors contributing this market growth. Growing levels of mobile data service subscribers, development of GPS-enabled mobile ...
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Increase in the incomes and spending power of individuals, the global Location Based Service market has witnessed a healthy growth in the past few years. With the modernization in the urban lifestyle, the Location Based Service market has also experienced a positive growth in the recent years. The market further expected double digit growth in coming years. The key drivers contributing this growth are introduction of GPS, growing penetration of GPS-based touch-screen mobile phones, rising popularity of mobile commerce. Rising use of Location based Social Network Services, Location Based Shopping Applications, Location Enabled Search, and Location Based Mobile Advertising are also driving the location based service market. In addition, growing demand for personal navigation and location based services that offer consumers with POI information also one of the key factors contributing this market growth. Growing levels of mobile data service subscribers, development of GPS-enabled mobile systems, penetration of 3G and 3.5G networks, introduction of Web 2.0 and Mobile 2.0, innovations in new mobile platforms such as Google's Android and Apple's iPhone have all are fuelling demand for location based services. Location based services widely used GPS systems to track current location. As penetration of Global Positioning System technology increases, the demand for Location based services also willl rise in the coming years. By geographic, North America dominates LBS market with largest market share, followed by Europe, while Asia-Pacific region is the fastest growing market for location based serives market. Orange UK, Sprint Nextel, T-Mobile Deutschland GmbH, Vodafone Group Plc, AT&T Inc., Verizon Communications Inc., NTT DoCoMo Inc., Garmin International Inc., TeleCommunication Systems Inc. are the major companies in the world for location based services market.

The Global Location Based Service market research aims at providing a complete account of the above mentioned sectors. It also provides detailed information on industry size and in-depth view of geographic segments like the Americas, and the EMEA and APAC regions. Further, it studies the global outlook in Location Based Service market.

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