Naperville, IL -- (SBWIRE) -- 01/04/2013 -- Analysts forecast the Global Location-based Service (LBS) market to grow at a CAGR of 48 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing adoption of GPS-enabled smartphones and tablets. The Global LBS market has also been witnessing the increasing adoption of LBS across industries. However, the lack of wireless network coverage and bandwidth could pose a challenge to the growth of this market.
Global Location-based Service Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers 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.
Key vendors dominating this market space include Navteq Corp., Telmap Ltd., Telenav Inc., TomTom NV. Other vendors mentioned in the report are Foursquare Lab Inc., Google Inc., MiTac International Corp., Navteq Corp., Skyhook Wireless Inc., Telecommunication System Inc. (TCS), TomTom NV.
Key questions answered in this report:
What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
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