Albany, NY -- (SBWIRE) -- 09/09/2016 -- LBS is used to track the location of users within a wireless network using location-enabled devices. LBS makes use of GIS technology and the Internet to track the location of users. The various location-enabled mobile devices are smartphones, tablets, PNDs, and location-enabled in-dash devices. LBS is used for discovering places and routes, tracking, obtaining traffic updates and real-time directions, routes to landmarks, 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.

The LBS market in China to grow at a CAGR of 52.18% over the period 2014-2019. The report covers the present scenario and the growth prospects of the LBS market in China for the period 2015-2019. The report provides the segmentation of the market based on end-users and applications.

Technavio's report, LBS Market in China 2015-2019, 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 in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key Vendor
- Alibaba Group
- Baidu
- Dianping.com
- Jiepang.com
- NavInfo
- Sky-Mobi

Other Prominent Vendors
- Bafang
- Kaikai.com
- NetEase
- Piaoao
- Qieke.com
- Sifang
- Sina
- TeleNav
- Tencent Holdings

Key Drivers
- Growing Use of Smartphones
- For a full, detailed list, view our report

Key Challenges
- Lack of Knowledge about LBS
- For a full, detailed list, view our report

Key Trends
- Introduction of Location-based Games
- For a full, detailed list, view our report

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Key Questions Answered in this Report:
- What will the market size be in 2019 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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