Enhanced 911 Mandate for Emergency Services Will Boost the Mobile LBS Market in the US Through 2019: Technavio

LONDON–(BUSINESSWIRE)–

Technavio has published a new report on the mobile LBS market in the US, which is expected to grow at a CAGR of more than 27% from 2015-2019.

About the Report

The new market research report by Technavio discusses the vast potential and scope for location-based services (LBS) in various industries ranging from data analytics and fleet management to local exploration. Companies are implementing LBS to improve their operating efficiency and monitor employee productivity.

“With the help of LBS, companies can manage their inventory, control logistics, and track their vehicle fleet, thus reducing their transportation costs,” says Faisal Ghaus, Vice President of Technavio.

The latest report by Technavio also emphasizes the new rules implemented by the federal communications commission (FCC) in 2015, for wireless 911 calls, which mandates mobile operators to provide increased location accuracy of wireless emergency calls.

“These new mandates were designed to make 911 information available to emergency responders in a useful, accurate, and timely manner,” adds Ghaus.

Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and growth prospects of the mobile LBS market in the US from 2015-2019. The report also presents the vendor landscape and a corresponding detailed analysis of the top eight vendors operating in the market.

Key Information Covered in the Report:

Key Vendors:
- Foursquare Labs Inc.
- Google
- Groupon Inc.
- HERE (Nokia)
- Telecommunication System Inc.
- TeleNav Inc.
- TomTom
- xAd
Market Growth Drivers:
- Increased Adoption of Location-enabled Smartphones and Tablets
- For a full detailed list, view our report.
Market Challenges:
- Concern Over Data Privacy
- For a full detailed list, view our report.
Market Trends:
- Enhanced 911 Mandate for Emergency Services
- For a full detailed list, view our report.