Albany, NY -- (SBWIRE) -- 02/03/2017 -- LBS uses GIS technology and the Internet to 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.

Indoor LBS is used to track the location of objects or people inside a building or a specific area. Since it is confined to a very limited area and requires high accuracy, indoor LBS uses only wireless networks such as Wi-Fi and wireless local area network (WLAN), Ultra-wideband (UWB), Bluetooth, Assisted GPS (A-GPS), micro-electrical-mechanical systems (MEMS), and other hybrid technologies. It is used in various public places such as universities, hospitals, stadiums, shopping malls, government offices, airports, warehouses, hotels, and parking areas.

The enterprise indoor LBS market in the US to grow at a CAGR of 47.58% during the period 2016-2020. The report covers the present scenario and the growth prospects of the enterprise indoor LBS market in the US for 2016-2020.

Technavio's report, Enterprise Indoor Location-based Services Market in the US 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
- Apple
- Google
- HERE
- Micello
- shopkick (SK Telecom)
- Comtech Telecommunications

Other prominent vendors
- Accuware
- Aislelabs
- bfonics
- Broadcom
- Cisco
- Gimbal
- Indoo.rs
- NextNav
- Polaris Wireless
- Pole Star
- Skyhook Wireless (TruePosition)
- Social Retail
- TomTom
- xAd

Market driver
- Increased popularity of RTLS
- For a full, detailed list, view our report

Market challenge
- Security and privacy concerns
- 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 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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