LBS Market in China 2014-2018 - New Study Released

New Software research report from TechNavio is now available from Fast Market Research

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Boston, MA -- (ReleaseWire) -- 07/24/2014 --A location-based service or LBS is used to track the location of users within a wireless network by using location-enabled mobile devices. The LBS makes use of GIS technology and the internet to track the location of users. The user-initiated LBS require an internet connection to gather the user's location and provide search results. The various location-enabled mobile devices are smartphones, tablets, PNDs, and location-enabled devices fitted in vehicles. A LBS is used for discovering places and routes, tracking, obtaining traffic updates, real-time directions, routes to landmarks, information regarding ongoing local events, finding friends, location-based advertising, location-based shopping, location-based social networking, and location-enabled searches. It is also used for location-based entertainment and infotainment.

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TechNavio's analysts forecast the LBS market in China will grow at a CAGR of 29.76 percent over the period 2013-2018.

Covered in this Report

The LBS market in China can be divided into three segments: LBS Maps, Mobile LBS, and LBS Services.

TechNavio's report, the LBS Market in China 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the LBS market in China landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

- AutoNavi Holdings Ltd.
- Dianping.com
- Digu.com
- Jiepang Api
- NavInfo Co. Ltd.

Other Prominent Vendors

- Autonavi
- Bafang
- Baidu Inc.
- Digu.com
- Guantu
- Jiepang Api
- Kaikai.com
- Maopao Community
- Naviinfo
- NetEase Inc.
- PDAger Technology
- Qieke.com
- Sifang
- Sina Corp.
- Telenav
- Tencent Holdings Ltd.
- Tiros Technology
- VLD
- Weibo.com

Key Market Driver

- Increasing Government Support
- For a full, detailed list, view our report.

Key Market Challenge

- Lack of Reliability and Accuracy of Navigation Information
- For a full, detailed list, view our report.

Key Market Trend

- Increasing Adoption of Location-based Search and Advertising
- For a full, detailed list, view our report.

Key Questions Answered in this Report

- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: AutoNavi Holdings Ltd., Dianping.com, Digu.com, Jiepang Api, NavInfo Co. Ltd., Autonavi, Bafang, Baidu Inc., Digu.com, Guantu, Jiepang Api, Kaikai.com, Maopao Community,Naviinfo, NetEase Inc., PDAger Technology, Qieke.com, Sifang, Sina Corp., Telenav, Tencent Holdings Ltd., Tiros Technology, VLD, Weibo.com

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View this press release online at: http://rwire.com/532278