TechNavio's analysts forecast the
Location-based Service market in North America to grow at a CAGR of 24.48
percent over the period 2012-2016. One of the key factors contributing to this
market growth is the increasing adoption of location-enabled smartphones and
tablets. The market has also been witnessing an increasing use of
location-based services across industries. However, increasing concern for data
privacy could pose a challenge to the growth of this market.
To
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TechNavio's report, the
Location-based Service Market in North America 2012-2016, has been prepared
based on an in-depth market analysis with inputs from industry experts. The
report covers the Location-based Service market in the North American landscape
and its growth prospects in the coming years. The report also includes a
discussion of the key vendors operating in this market.
The key vendors dominating this
space include Foursquare Labs Inc., Navteq Corp., TeleNav Inc., and TomTom NV.
The other vendors mentioned in the
report are AdMoove, AT&T Inc., Broadcom Corp., ChalkBoard Pte Ltd., Garmin
Inc., Google Inc., Loopt Inc., Placecast, Poynt Corp., Qualcom Inc.,
Rogers Wireless Inc., SiRF Technology Inc., Skyhook Wireless Inc.,
TeleCommunication Systems Inc., Telemap Ltd., Telemax Corp., Texas Instrument
Inc., and Verizon Communication Inc.
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