Global Enterprise LBS Market to grow at a CAGR of 23.47% during the period 2016-2020

Press Release   •   May 24, 2016 14:38 EDT

Location-based services (LBS) track the location of users within a wireless network using location-enabled mobile devices. User-initiated LBS requires an Internet connection to obtain a user's location and provide search results. Location-enabled mobile devices include smartphones, tablets, personal navigation devices (PND), and certain in-dash devices fitted in vehicles. LBS are used to find places and routes, tracking, obtaining traffic updates and real-time directions, information regarding ongoing local events, and for location-based advertising, shopping, and searches. It is also used for location-based entertainment and infotainment. 

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MarketIntelReports analysts forecast the Global enterprise LBS market to grow at a CAGR of 23.47% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global enterprise LBS market for 2015-2020. To calculate the market size, the report considers the revenue generated from large, medium, and small enterprises, LBS application, LBS in enterprise, indoor environments and LBS devices.

The market is divided into the following segments based on geography:

  • APAC
  • Americas
  • EMEA

MarketIntelReports report, Global Enterprise LBS Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • AeroScout (Stanley Healthcare Solutions)
  • Apple
  • Foursquare
  • Groupon
  • Google
  • HERE
  • xAD

Other prominent vendors

  • Accuware
  • Adfalcon (Noquoush)
  • Aislelabs
  • Appello Systems
  • bfonics
  • BLIP Systems A/S
  • Burpple
  • Broadcom
  • Cisco
  • Facebook
  • Gimble
  • Hungry Go Where (Singtel Digital Media)
  • Intersec
  • Jatis Mobile
  • Komli Mobile
  • madvertise media
  • Millennial Media (Verizon)
  • Nexage (Verizon)
  • NextNav
  • Polaris Wireless
  • Pole Star
  • Scanbuy
  • Shopkick (SK Planet)
  • ShowNearby (Honeybay)
  • Skyhook Wireless (TruePosition)
  • Social Retail
  • Sprooki
  • Thinknear (TeleNav)
  • Thumbvista
  • TomTom
  • Verve Wireless
  • Vouchercloud (Vodafone)
  • Waze (Google)
  • Weve (O2)
  • Yoose

Market driver

  • Growing need to save marketing and advertising cost
  • For a full, detailed list, view our report

Market challenge

  • Security and privacy concerns
  • For a full, detailed list, view our report

Market trend

  • Popularity of LBM
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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