London, 15 September 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Enterprise Indoor LBS Market in the US 2014-2018.
About Indoor Location Based Search (LBS)
Indoor LBS is used to track the location of an object or person within a building or a specific location such as a university campus. Indoor LBS is confined to a very limited geography and thus only uses wireless networks like Wi-Fi and WLAN that cover a small area.
The Enterprise Indoor LBS Market in the US is expected to witness significant growth at a CAGR of 43.48 percent during from 2013-2018. The latest report by TechNavio focuses on the increased adoption of LBS thanks to its cost-effectiveness. It also emphasizes context-aware computing that defines the environment in which the location coordinates of a user are present. Some key end users highlighted in this report include:
- Retailers
- Hospitality Industry
- Educational Institutions
- Healthcare Industry
- Entertainment Industry
- Automobile Industry
“Context-aware computing allows the application and users to be aware of the user location data in relation to the position of real-world objects. This technology is implemented in two ways: One approach makes use of GPS while the other uses the local network of an area to gather information,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Increased Adoption of LBS for its Cost-effectiveness
- For a full detailed list, view our report.
Market Challenges:
- Security and Privacy Concerns
- For a full detailed list, view our report.
Market Trends:
- Focus on Consumer Engagement by Retailers
- For a full detailed list, view our report.
Key Vendors:
- Apple Inc.
- Google Inc.
- HERE
- Micello Inc.
Other Prominent Vendors:
- Broadcom
- FastMall.com
- Indoo.rs
- Path Intelligence
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
