Albany, NY -- (SBWIRE) -- 02/10/2017 -- LBS or Location-based services are used to track the location of users within a wireless network using location-enabled mobile devices. LBS use GIS and the Internet to track user location.

The various location-enabled mobile devices are smartphones, tablets, PNDs, and location-enabled in-dash devices equipped in vehicles. LBS is used for finding places and routes, tracking, obtaining traffic updates and real-time directions, information regarding ongoing local events, finding friends, location-based advertising, location-based shopping, location-based social networking, and location-enabled searches. It is also used for location-based entertainment and infotainment. It helps users save time and money by providing effective and efficient services.

The LBS market in Southeast Asia to grow at a CAGR of 48.33% during the period 2016-2020. The report covers the present scenario and the growth prospects of the LBS market in Southeast Asia for 2016-2020. To calculate the market size, the report considers the revenue generated from individual consumers, government organizations, and SME, and large enterprises.

Technavio's report, LBS Market in SEA 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
- Foursquare
- Google
- HERE
- Maxis
- Near
- SingTel
- TomTom

Other prominent vendors
- Advanced Info Service
- Burpple
- Celcom Mobile
- Digi Telecommunication
- Globe Telecom
- Hungry Go Where (SingTel)
- IndoorAtlas
- Insiteo
- Micello
- Picky
- PT Indosat
- Qualcom IZat
- Ruckus Wireless
- ShowNearby (Honeybay)
- Smart Communications
- Telkomsel (Singtel)
- Total Access Communication
- U Mobile
- Waze (Google)

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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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