DUBLIN, Sept. 17, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Indoor Location-based Service (LBS) Market 2014-2018" report to their offering.
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Indoor LBS is used to track the location of an object or people within a building or a specific location such as a university campus. Indoor LBS is confined to a very limited geography; hence, it uses only wireless networks such as Wi-Fi and wireless local area networks (WLAN), which cover a small area. In addition, indoor LBS requires high accuracy to determine the position of the object or device. As a result, indoor LBS uses positioning technologies based on Wi-Fi, WLAN, ultra-wide band (UWB), Bluetooth, assisted global positioning system (A-GPS), microelectronic mechanical system (MEMS), and other hybrid technologies to determine the location of the searched object. Indoor LBS is mainly used in universities, hospitals, stadiums, shopping malls, government offices, airports, museums, convention centers, hotels, resorts, and parking areas.
The analysts forecast the Global Indoor LBS market to grow at a CAGR of 49.42 percent over the period 2013-2018.
The report covers the present scenario and the growth prospects of the Global Indoor LBS market for the period 2014-2018. To calculate the market size, the report considers the revenue generated from the following:
- Licensing of indoor LBS software, applications, middleware, and platforms
- Annual sales of devices used for indoor LBS
- Indoor LBS maps and navigation, tracking, monitoring, emergency services, and analytics
- LBS search and advertising revenue
- Indoor LBS used in commercial buildings, government offices, and important buildings as well as the Public Safety and Security, Education, Healthcare, Travel and Hospitality, Manufacturing, Logistics and Distribution, Oil and Gas, and Mining industries.
The report, the Global Indoor LBS Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Indoor LBS market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
One of the major trends in this market is the increased popularity of context-aware computing, which allows applications to be aware of user location data with respect to the position of real world objects.
According to the report, one of the key drivers leading to the high growth of this market is the significant cost savings achieved through indoor LBS. It the delivery of the desired content to the customer on his/her smartphone at the most appropriate time.
Further, the report states that one of the biggest challenges in this market is the security and privacy concerns. Most indoor LBS solutions are hosted on open platforms to allow easy sharing of information. This makes the customers' personal information susceptible to misuse by malicious users and rivals and generates a huge amount of spam content.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Indoor LBS Market in the US
08. Beacons: A Step Ahead in Indoor LBS
09. Geographical Segmentation
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- Follow Mee GPS Tracker
- Microsoft Corp.
- Navizon Inc.
- Path Intelligence
- Polaris Wireless Inc.
- Pole Star
- Qubulus AB
- Skyhook Wireless Inc.
- Sonic Notify Inc.
- TeleCommunication Systems
- Tom Tom
For more information visit http://www.researchandmarkets.com/research/g6t56q/global_indoo
Media Contact: Laura Wood, +353-1-481-1716, email@example.com
SOURCE Research and Markets