Indoor Location, Advertising and GPS on Entry Tier Handsets to Drive Location Based Services Market says Strategy Analytics
11 Aug, 2015, 19:15 BST
-- HERE Remains Well Positioned for LBS Market Growth
BOSTON, Aug. 11, 2015 /PRNewswire/ -- Rising momentum behind indoor location-based services (LBS), mobile advertising and the growing penetration of GPS on entry-tier handsets, will fuel future growth in mobile LBS according to Strategy Analytics' Wireless Media Strategies (WMS) report "Future Growth Opportunities for Mobile Location Services." Furthermore, for the second year running, digital map provider HERE, which Nokia has recently announced will be sold to AUDI, BMW Group and Daimler, is top in Strategy Analytics' location platform benchmark study, and is placed well for future growth opportunities as the mobile location services market continues its evolution.
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Increasing activity around indoor maps, and indoor positioning technology via Bluetooth beacons or WiFi, will enable the rise of indoor LBS, including proximity-based advertising on mobile devices. Furthermore, rising GPS and WiFi penetration in entry-tier handsets will open up high-accuracy LBS, such as in-vehicle and pedestrian navigation, and location sharing, to a significant population of mobile users in emerging markets. Nitesh Patel, Director of Wireless Media Strategies (WMS) at Strategy Analytics, noted "In addition to the continued adoption of mobile LBS in rising mobile data markets, venue owners and brands continue to test the capabilities of mobile devices to deliver enhanced customer experiences and engagement. We see the increasing activity around indoor location and mobile marketing by brands, retailers, and owners of complex venues as a clear signal that indoor LBS and location-enhanced marketing will drive the next wave of growth in the mobile LBS sector."
The report also assesses the strengths and weaknesses of key LBS players, Apple, Google, HERE, and TomTom, across eight important metrics, including map and navigation coverage, indoor venue capabilities, OS reach, map data visualization, in-vehicle connectivity, offline usage, local search and crowd sourcing.
David Kerr, Senior Vice President at Strategy Analytics, says "HERE is the overall leader in terms of its mapping and location capabilities, followed by Google, TomTom and then Apple. HERE's opportunity for growth has improved significantly since it has launched its branded app on both iOS and Android platforms, which will be good news for its future owners AUDI, BMW Group and Daimler. Furthermore, the strength of HERE's location platform is validated by major licensees, including Amazon, Facebook, Microsoft, Samsung and Yahoo among others. However, Google remains the leader in business –to-consumer (B2C) LBS applications, as it benefits from preloading on most Android handsets, and is the most widely used map, navigation and local search app. Apple remains in catch-up mode with its most recent acquisitions including Coherent Navigation and Pin Drop, to add to Locationary, WiFiSlam, Embark and BroadMap."
About Strategy Analytics
Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com
European Contact: Nitesh Patel, +44(0) 1908 423 621, npatel@strategyanalytics.com
US Contact: David Kerr, +1 617 614 0720, dkerr@strategyanalytics.com
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SOURCE Strategy Analytics
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