LBS Market in India 2015-2019

July 29, 2015

About LBS
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.

Technavio's analysts forecast the LBS market in India to grow at a CAGR of 58.61% over the period 2014-2019.

Covered in this report
The report includes the present scenario and the growth prospects of the LBS market in India for the period 2015-2019. The market can be segmented based on application: location-based navigation, location-based tracking, location-based infotainment, location-based search and advertising, location-based analytics, indoor LBS, location-based recreation and fitness, and other applications.

Technavio's report, LBS Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
• AdNear
• CanvasM Technologies 
• Garmin International 
• MapmyIndia

Other prominent vendors
• Apple
• Bharti Airtel
• Bhuvan
• Bing
• e-Zest
• Facebook
• Genesys
• Google
• Hoppr
• InMobi
• Intergraph
• LocationGuru
• Mahindra Comviva
• Mojostreet Infomedia Services 
• MyCityWay
• Nowfloats
• Polaris Wireless
• SatNav Technology
• SaveZippy
• Scanpoint Geomatics
• Spime
• Syniverse Technologies
• Tata Teleservices
• Telenity
• TomTom
• Traffline
• Zomato

Key market driver
• Increased adoption of mobile internet
• For a full, detailed list, view our report

Key market challenge
• Privacy concerns
• For a full, detailed list, view our report

Key market trend
• LBS induced social networking
• For a full, detailed list, view our report

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?