DUBLIN, Sept. 14, 2015 — (PRNewswire) — Research and Markets ( http://www.researchandmarkets.com/research/fbt6vr/global_lbs) has announced the addition of the "Global LBS Platform Market 2015-2019" report to their offering.

The global LBS platform market to grow at a CAGR of 22.42% over the period 2015-2019.

The report, the Global LBS Platform Market 2015-2019, has been prepared based on in-depth market analysis with inputs from industry experts. It also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors.

Location-based social learning is gaining popularity among the young and students at schools and colleges as it helps share photographs, videos, and interactive conversations, and study materials in real-time. For instance, in 2015, the University of San Diego launched its World Interactive Study Platform, which is based on geospatial technologies. This can be used on both desktops and on mobiles through apps. It helps explore locations inside as well as outside the campus. It uses integrated Google Street View; pins areas of interest on the map; adds information, photos or videos, and helps in adding comments pins of other users. This platform enables student engagement and effective and efficient learning.

According to the report, LBS platforms are gaining popularity worldwide. They are being adopted widely by individual consumers as well as various industry verticals. LBS applications such as LBA, location-based search, location-based tracking and navigation, and location-based analytics are widely deployed by enterprises across all the industry verticals. These applications require LBS platforms to work effectively and efficiently. An LBS platform has different mobile applications and application programming interfaces. Mobile applications such as friend finder, maps, and check-ins are being used globally. Therefore, the rise in usage of LBS platforms for various applications is fuelling the growth of the market.

Further, the report states that a lack of standardization of data deters the accuracy and reliability of data and this is one of the major challenges impeding the growth of the LBS Platform market worldwide.

Key Vendors

• AdNear
• Foursquare Labs
• Google Inc.
• HERE
• Jiepang API
• TeleCommunications Systems, Inc.

Vendors to Watch Out

• Alcatel-Lucent
• Broadcom
• CellVision
• Creativity Software
• CSR
• GBSD Technologies
• Geoloqi (Esri)
• GloPos
• IndoorAtlas
• Locaid Technology
• Location Labs (AVG)
• Mobilaris
• Navizon
• NextNav
• Qualcomm
• Reach-U
• Rx Networks
• SenionLab
• Telenity

For more information visit http://www.researchandmarkets.com/research/fbt6vr/global_lbs

Media Contact:

Laura Wood, +353-1-481-1716, Email Contact

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SOURCE Research and Markets