Articles tagged with: Location Based Services

Mobile Location-Based Advertising estimated to be worth $8.5 billion in 2017

­According to a new research report from the analyst firm Berg Insight, the total value of the global real-time mobile location-based advertising and marketing (LBA) market will grow from EUR526 million in 2012 at a compound annual growth rate (CAGR) of 65 percent to EUR6.5 billion (US$8.5 billion) in 2017.  more

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LBS Software Developer Secures Initial Investment Funding

­The indoor location based services software firm, Indoor Atlas has secured an investment of EUR500,000 from the venture capital investors, Mobility Ventures.  more

Related Tags: nimbuzz, windows-phone


Apple Boost Mapping Service with Indoor Location Tracking Software

­Apple has purchased an indoor location based services provider, WifiSLAM in an attempt to boost the quality of its in-house mapping service. The deal which hasn't been publicized was reported in the Wall Street Journal to have been worth around US$20 million.  more

Related Tags: nokia, Finland


Location-based service revenues in Europe to reach EUR825 million by 2017

­According to a new research report by Berg Insight, mobile location-based service (LBS) revenues in Europe are forecasted to grow from  325 million in 2012 at a compound annual growth rate (CAGR) of 20.5 percent to reach EUR 825 million in 2017. The North American LBS market is forecasted to grow at a CAGR of 9.2 percent from US$ 835 million in 2012 to reach US$ 1,295 million in 2017.  more

Related Tags: telecom-italia, telekom-austria


Intertainment Media and Avenza Acquire Poynt Assets and Patents

­The Canadian tech investor, Intertainment Media and mobile mapping developer, Avenza Holdings have set up a joint-venture to buy the assets of location based advertising supplier, Poynt.  more

Related Tags: telekom-austria, Austria


Local Search Revenue Dominates Location Based Service Opportunity

­Location enabled search advertising will account for just over half of consumer location based service (LBS) revenues by 2017, according to Strategy Analytics. Popular maps and navigation applications are increasingly being offered for free on smartphones. Providers of those services are under growing pressure to find ways to generate revenue through a combination of advertising and additional premium content.  more

Related Tags: wilan, USA


LBS industry Undergoing $5 Billion Shift

ABI Research says that it has identified location-based retail applications, advertising, and emerging markets as key revenue growth enablers for the LBS market over the next 5 years.  more

Related Tags: libercell, Liberia


Qualcomm and Cisco Working on Improving Indoor Location Based Services

­Qualcomm and Cisco have announced that they are collaborating to accelerate indoor location services for venues that utilize Cisco wireless infrastructure. The combination of the Qualcomm IZat indoor location services platform and the Cisco "Connected Mobile Experience" solution is aimed at improving indoor location accuracy.  more

Related Tags: docomo, femtocell, small-cell, wcdma, Japan


Tablets and Cameras Next Major GPS and LBS Markets by 2017

­Despite relatively stunted growth thus far, the tablet and camera markets are forecast to be the next major market for location based services and GPS IC penetration, according to ABI Research.  more

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Location-Based Service Revenues on Course to Break $4 Billion Mark in 2012

­With free turn-by-turn navigation available on all major smartphone OS', ABI Research is finding a combination of other application segments and advertising will help to sustain a healthy LBS market.  more

Related Tags: apple, samsung, USA


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