The various location-enabled mobile devices are smartphones, tablets, PNDs, and location-enabled in-dash devices fitted in vehicles. LBS is used for discovering places and routes, tracking, obtaining traffic updates and 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.
The analysts forecast the LBS Market in Southeast Asia will grow at a CAGR of 53.59 percent over the period 2013-2018.
For more information visit http://www.researchandmarkets.com/research/vvrh5g/lbs_market_in