Research and Markets: LBS Market in Western Europe 2015-2019: Key Vendors such as Telefonica and Vodafone Reviewed
DUBLIN–(BUSINESS WIRE)–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
– Telecommunications System
Other prominent vendors
– Creativity Software
– Creative Workline
– Mecomo Pro
– Oxford Softworks
– Telekom Italia
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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