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Location based service (LBS) is a solution which helps in analyzing the information of the location so that it can be integrated with the business processes. This solution is also an alternative to the existing GIS resources. The latest technology, that is smart phone’s and social networking trends, are the drivers for the location based service (LBS) market.
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MicroMarket Monitor World’s 1st Real Time Market Intelligence Forecasts Asia-Pacific Location Based Services (LBS) market is estimated to grow from $1,572.4 million in 2014 to $11,257.3 million by 2019 http://www.micromarketmonitor.com/market/asia-pacific-location-based-services-lbs-6920214665.html
Asia-Pacific Location Based Services (LBS) market is estimated to grow from $1,572.4 million in 2014 to $11,257.3 million by 2019 • Key Players in the Asia-Pacific Location Based Services (LBS) market are Cisco, Microsoft, ESRI, Blackberry, Facebook, and Masternaut.. http://www.micromarketmonitor.com/market/asia-pacific-location-based-services-lbs-6920214665.html
Browse through the TOC of Asia-Pacific Location Based Services (LBS)Market report, to get an idea of the in-depth analysis provided. http://www.micromarketmonitor.com/market/asia-pacific-location-based-services-lbs-6920214665.html Enquiry Before Buying http://www.micromarketmonitor.com/market/asia-pacific-location-based-services-lbs-6920214665.html
Location based service can be defined as an information service provided by a device with location details as and when required. The information is constantly updated according to the changing location of the device. Location data is a vital part of the mobile experience and is used mostly in mobile apps. • With the increase in the number of smart phone users, location-based technologies are emerging at a fast pace and diversifying to businesses providing ubiquitous applications on location-based data. • The governments of countries such as China and Japan are highly dependent on location-based services to facilitate supply chain management. With advancements in technology, private organizations operating in this region are also showing interest in location based services in order to improve their operational efficiency. Thus by the end of 2019, Asia-Pacific is expected to gain a share of 27.8% in the global LBS market. http://www.micromarketmonitor.com/market/asia-pacific-location-based-services-lbs-6920214665.html
The Asia-Pacific LBS market is segmented and forecast on the basis of products such as hardware, software, and services. The market is further segmented on the basis of services such as consulting, integration and design, managed services, and other services. It has also been segmented on the basis of technologies such as Cell-ID, E-OTD, OTDOA, A-GPS, E-GPS, hybrid technology, and other technologies. . • The applications of this market are mapping, discovery and infotainment, business intelligence and analytics, emergency support and disaster management, leisure and social networking, location-based advertising, location-based games and augmented reality, tracking and others. http://www.micromarketmonitor.com/market/asia-pacific-location-based-services-lbs-6920214665.html
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