PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: TechNavio / Infiniti Research Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

TechNavio Says Global Location Based Services Market to Grow At 35.25 Percent During 2012-2016 - Key players in this market include - Foursquare Labs, Inc,. Garmin Ltd, Navteq Corp., Telecommunication Systems, Inc., Telenav, Inc., TomTom n.v. - TechNavio.com
TechNavio Says Global Location Based Services Market to Grow At 35.25 Percent During 2012-2016

 

NewswireToday - /newswire/ - London, United Kingdom, 2013/09/11 - Key players in this market include - Foursquare Labs, Inc,. Garmin Ltd, Navteq Corp., Telecommunication Systems, Inc., Telenav, Inc., TomTom n.v. - TechNavio.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Tracking/Navigation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The Global Location Based Services (LBS) Market is up for a major breakthrough with a growth forecast of 35.25 percent for the period 2012-2016.

As per the latest research findings by the London based global research firm TechNavio, the markets in North America and South America have been generating more than 50 percent revenue followed closely by the APAC with 27.92 percent in 2012, in the LBS market.

Increasing adoption of GPS-enabled devices coupled with increasing consumerism and urbanization in APAC region has heightened the need for tracking and monitoring services in these markets. Further, a large number of mobile phone users and the proliferation of enabling technologies such as location-enabled Wi-Fi, and terrestrial network expansions have provided an environment for easy proliferation of these services.

The prolific growth of the LBS market has been witnessing increasing usage over the years. The government organizations are using this service for citizen safety purposes such as 9-1-1 and E-9-1-1. Similarly, individual customers are using it for their personal safety such as parents in collaboration with the schools using the LBS for their child's safety. Similarly, enterprises are using LBS for employee monitoring and safety.

Speaking on this occasion, one of the senior analyst and co-author of this report said,“The Enterprises segment dominating the Global LBS market, accounted for a major share of the market revenue in 2012 and will continue to do so till 2016. The free to use consumer LBS application business model ensures that consumers do not have to pay for the basic use of the LBS. In some cases, consumers have to pay for the additional content purchased. On the other hand, enterprise users get a large amount of revenue from the location-based advertisement from several SMEs and large enterprises.”

The Global LBS market is witnessing intense competition due to the presence of numerous vendors. Hence, vendors are focusing mainly on mergers and acquisitions to gain a competitive advantage. Moreover, several large companies across the globe are adopting this strategy to enter the market and acquiring small applications, maps, and content developers to play big in this market. The key players dominating this market Foursquare Labs Inc. Garmin Ltd. Navteq Corp., TeleCommunication Systems Inc. TeleNav Inc. and TomTom N.V.

To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of drivers, challenges, and trends of this market featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in order of importance.

TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global Location Based Services (LBS) Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information on this topic and our upcoming research on please send an e-mail to enquiry[at]TechNavio[dot]com

About TechNavio

TechNavio (technavio.com) is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.

TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.

Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Tracking/Navigation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: TechNavio / Infiniti Research Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
Tracking Navigation - Purchase keywords tags asset tracking, fleet management / Banner Ads!.

 
  Your Banner Ad showing on ALL
Tracking/Navigation articles,
CATCH Visitors via Your Competitors Announcements!


TechNavio Says Global Location Based Services Market to Grow At 35.25 Percent During 2012-2016

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Rituparna Roy - TechNavio.com 
+44(0)20 7291 0882 media[.]technavio.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TechNavio / Infiniti Research Ltd securities in any jurisdiction including any other companies listed or named in this release.

Tracking/Navigation via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From TechNavio / Infiniti Research Ltd / Company Profile


Read Tracking/Navigation Most Recent Related Newswires:

Safran’s SpaceNaute Navigation System Chosen for New Ariane 6 Launch Vehicle
AGI Partners with Singapore’s NTU-ATMRI to Develop Urban UTM Solutions
GE’s Marine Solutions Strengthens its Presence in ASEAN and China
Leonardo Introduces Latest Generation Active Sonar At Euronaval
Kyrgyz Republic's Main International Airport Adopts NEC's Air Navigation System Solution
MiX Telematics Introduces Industry First Connected Asset Solution
Sparta Systems Announces Silver Sponsorship and Speaking Engagement at the 11th Annual Global Food Safety Summit
MiX Telematics Showcases its Smart Solutions At CTIA Super Mobility 2016
Frost & Sullivan Highlights TSPS, Inc. for Setting the Bar in Customer Value in the North American Commercial Vehicle Smart Parking Services Market
Curtiss-Wright Adds 90-Day Underwater Locator Beacon (ULB) Support to Crash Protected Recorder Family
Frost & Sullivan Lauds MiX Telematics’ Rise as the Leading Provider of Information and Related Services for Mobile Assets
Safran Navigation Systems Selected for France’s New Griffon Armored Vehicles of Scorpion Program
Thales Launches New Ultra-tactical Version of the Ground Master 60 with A Search on the Move Capacity
ROBIN Radar Introduces New Drone Detection System Featuring Advanced Radome Made with Dyneema® Crystal Technology
Frost & Sullivan Commends Storm Telematics’ Best-in-Class Customer Value/ Service in the Fleet Optimization and Asset Management Analytics Market

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)