The analysts forecast LBS market in China to grow at a CAGR of 52.18% over the period 2014-2019.
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.Covered in this Report
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.
The 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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- Alibaba Group
Other Prominent Vendors
- Tencent Holdings
- Growing Use of Smartphones
- Lack of Knowledge about LBS
- Introduction of Location-based Games
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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