Albany, NY -- (SBWIRE) -- 02/07/2017 -- LBS use geographic information system (GIS) technology and the Internet to track the location of users. User-initiated LBS requires an Internet connection to obtain location information and provide search results. Location-enabled mobile devices include smartphones, tablets, PNDs, and location-enabled in-dash devices fitted in vehicles.

LBS are used for finding places and routes, tracking, obtaining traffic updates and real-time directions, LBA, location-based shopping, location-enabled searches, and location-based infotainment. These services have a broad range of applications across industry sectors such as retail, automotive, manufacturing, healthcare, oil and gas, and aviation.

Most enterprises in domains such as retail, logistics, and food processing use location-based search and advertising platforms to minimize operational costs. Increasing competition in the business environment and lower margins are prompting enterprises to focus on a more targeted form of advertisement that would increase operational efficiency and profitability.

The enterprise LBS market in Southeast Asia to grow at a CAGR of 60.18% during the period 2016-2020. The report covers the present scenario and the growth prospects of the enterprise location-based services (LBS) market in Southeast Asia for 2016-2020.

The market is divided into the following segments based on technology:
- Indoor LBS
- Outdoor LBS

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Technavio's report, Enterprise LBS Market in Southeast Asia 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.

Key vendors
- Foursquare
- Google
- HERE
- Singtel
- TomTom

Other prominent vendors
- Advanced Info Service
- Burpple
- Celcom Axiata Berhad
- Digi Telecommunications
- Globe Telecom
- HungryGoWhere (Singtel)
- IndoorAtlas
- Insiteo
- Micello
- Picky
- PT Indosat
- PT XL Axiata
- Qualcomm Technologies
- Ruckus Wireless
- ShowNearby
- Smart Communications
- Telkomsel (Singtel)
- Total Access Communication
- U Mobile
- Waze (Google)
- Yelp
- YOOSE

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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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