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Challenges of Location-Based Services market analysis: current market description

Basiri, Anahid; Moore, Terry; Hill, Chris; Bhatia, Paul

Authors

Anahid Basiri

Terry Moore

Chris Hill

Paul Bhatia



Contributors

Georg Gartner
Editor

Haosheng Huang
Editor

Abstract

Location-Based Services (LBS) have a huge and rapidly growing market, however LBS market reports do not fully agree about the current market size, the exact number of LBS users, market growth rate, etc. Different market study reports describe LBS market size, number of LBS subscribers and frequent users, revenues and costs and most appreciated application types with different and sometimes extremely contrasting numbers and figures and this becomes more problematic when it comes to forecasting the future market of LBS. One of the very first steps in any market analysis is defining business contribution area, which decides what should be included in or excluded from the market analysis. Location based services has got a large market; therefore it is not an easy task to identify LBS market’s boundaries to analyse what is inside the box as LBS applications and exclude the rest. This paper explains the impact of such vague boundaries on market size estimation.

Citation

Basiri, A., Moore, T., Hill, C., & Bhatia, P. (2015). Challenges of Location-Based Services market analysis: current market description. In G. Gartner, & H. Huang (Eds.), Progress in Location-Based Services 2014. Springer International Publishing. https://doi.org/10.1007/978-3-319-11879-6_19

Online Publication Date Nov 6, 2015
Publication Date Jan 1, 2015
Deposit Date May 20, 2016
Publicly Available Date Mar 28, 2024
Electronic ISSN 1863-2246
Peer Reviewed Peer Reviewed
Series Title Lecture Notes in Geoinformation and Cartography
Book Title Progress in Location-Based Services 2014
ISBN 978-3-319-11879-6
DOI https://doi.org/10.1007/978-3-319-11879-6_19
Keywords Location-Based Services (LBS); market report; business analysis
Public URL https://nottingham-repository.worktribe.com/output/987800
Publisher URL http://dx.doi.org/10.1007/978-3-319-11879-6_19