LBS is used to track the location of users within a wireless network using location-enabled mobile devices. It uses geographical information system (GIS) technology and the Internet to track the location of users. It is used for finding places and routes, tracking, obtaining traffic updates, and real-time directions, finding information about ongoing local events, and location-based advertising and infotainment. Location-based services improve customer support, workforce management, service delivery, and marketing effectiveness.
Technavio’s analysts forecast the LBS market in the GCC to grow at a CAGR of 32.85% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the LBS market in the GCC for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of indoor and outdoor LBS in the GCC countries such as the Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE).
The market is divided into the following segments based on usage: - Indoor LBS - Outdoor LBS
Technavio's report, LBS Market in GCC 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 vendorsoperating in this market.
Key vendors - Etisalat - Google - HERE - Nearbuy - TomTom - Zain
Market driver - Rise in adoption of Internet-enabled devices - For a full, detailed list, view our report
Market challenge - Lack of reliability and accuracy of data - For a full, detailed list, view our report
Market trend - Increased use of beacons - For a full, detailed list, view our report
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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97 pages •
By Infiniti Research Limited
• Mar 2018
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