Research and Markets (http://www.researchandmarkets.com/research/kkq2w7/lbs_market_in) has announced the addition of the "LBS Market in Western Europe 2015-2019" report to their offering.
The analysts forecast the LBS market in Western Europe to grow at a CAGR of 36.92% over the period 2015-2019
Key Regions
France
Germany
Italy
Spain
UK
Key vendors
Foursquare
HERE
Telefonica
Telecommunications System
Vodafone
Other prominent vendors
Creativity Software
Creative Workline
Mecomo Pro
Microsoft
Mopius
Novasys
Oxford Softworks
SFR
Sharpmind
Telekom Italia
TeleSonera
TikGames
YDreams
YellowMap
Commenting on the report, an analyst from the team said: The application of LBS has made parking services convenient. There are apps introduced for parking, which means these apps guide on a real-time basis, where paid parking is available. In addition, there is an option of payment through the app. There is also a feature where an app user can pre-book the parking space. For instance, iParking service uses the feature of indoor positioning capability of mobile and location-based functionalities such as indoor parking, navigation, and intelligent information services.
According to the report, the use of smartphones is increasing rapidly worldwide. Currently, Western Europe accounts as one of the largest markets for smartphone users. The declining prices of smartphones will encourage more users, which in turn drives the demand for LBS. GPS-enabled smartphones are useful in LBS applications such as advertising, navigation, tracking, friend finder, shopping, and social networking. Thus, the increasing adoption of GPS-enabled smartphones will accelerate the growth of LBS in Western Europe.
For more information visit http://www.researchandmarkets.com/research/kkq2w7/lbs_market_in
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