Global Enterprise LBS Platform Market Projected to Register Strong Growth Through 2021

Albany, NY, November 08, 2016 –(– Market Research Hub has recently released a new report to its repository, titled “Global Enterprise LBS Platform Market Research Report 2016.” The research report provides a brief overview on the global LBS Platform market. Some of the key regions covered in the report are North America, Europe, China, Japan and India. This report also covers the present scenario and the growth forecast of the Global Enterprise LBS Platform Market for the forecast of 2011-2021.

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The report starts with an in-depth analysis of the market with its definition, classification and applications. A location based services (LBS) is a software level service that uses location data to control features. LBS services are basically used to identify a location of a person or object, such as discovering the nearest banking cash machine (ATM) or the locations of a friend or employee. Other services include parcel tracking and vehicle tracking services, personalized weather services and even location-based games. Mobile location platforms enable mobile network operators to offer location-based services (LBS). Several mobile operators also deploy location middleware that acts as a mediator between the location platform, applications and support systems. Moreover, it provides centralized control of privacy settings for all applications.

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Here is a list of the leading manufacturers of LBS platform market in the above key regions covered in the report, includes:

Verve Wireless
Polaris Wireless

Further, the report also provides details of segmentation of the market. It is segmented on the basis of types and applications. The report splits globally into several regions along with its production, sales, consumption, market share and the growth rate from the given forecast of 2011-2021.

This report highlights a number of ways for LBS platform market can continue to drive growth in new regional markets and application areas. Application stores have arisen, offering a wide variety of location applications for free, and this turn-by-turn navigation has been largely commoditized. Due to this, control of the user LBS ecosystem has shifted away from carriers to the likes of Apple and Google and their army of developers. The market was earlier driven by mandates and in their absence, there has been little growth outside of North America. The LBS platform market has suffered various significant setbacks over the past two years. The market has also grown with smartphones and GPS becoming commonplace in established markets. The report concludes with upstream raw materials & equipment and downstream demand analysis of the market.

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