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

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 u...

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Main Authors: Basiri, Anahid, Moore, Terry, Hill, Chris, Bhatia, Paul
Other Authors: Gartner, Georg
Format: Book Section
Published: Springer International Publishing 2015
Subjects:
Online Access:https://eprints.nottingham.ac.uk/33155/
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author Basiri, Anahid
Moore, Terry
Hill, Chris
Bhatia, Paul
author2 Gartner, Georg
author_facet Gartner, Georg
Basiri, Anahid
Moore, Terry
Hill, Chris
Bhatia, Paul
author_sort Basiri, Anahid
building Nottingham Research Data Repository
collection Online Access
description 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.
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publishDate 2015
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spelling nottingham-331552020-05-04T20:10:35Z https://eprints.nottingham.ac.uk/33155/ Challenges of Location-Based Services market analysis: current market description Basiri, Anahid Moore, Terry Hill, Chris Bhatia, Paul 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. Springer International Publishing Gartner, Georg Huang, Haosheng 2015 Book Section PeerReviewed Basiri, Anahid, Moore, Terry, Hill, Chris and Bhatia, Paul (2015) Challenges of Location-Based Services market analysis: current market description. In: Progress in Location-Based Services 2014. Lecture Notes in Geoinformation and Cartography . Springer International Publishing, Switzerland, pp. 273-282. ISBN 978-3-319-11879-6 Location-Based Services (LBS); market report; business analysis http://dx.doi.org/10.1007/978-3-319-11879-6_19 doi:10.1007/978-3-319-11879-6_19 doi:10.1007/978-3-319-11879-6_19
spellingShingle Location-Based Services (LBS); market report; business analysis
Basiri, Anahid
Moore, Terry
Hill, Chris
Bhatia, Paul
Challenges of Location-Based Services market analysis: current market description
title Challenges of Location-Based Services market analysis: current market description
title_full Challenges of Location-Based Services market analysis: current market description
title_fullStr Challenges of Location-Based Services market analysis: current market description
title_full_unstemmed Challenges of Location-Based Services market analysis: current market description
title_short Challenges of Location-Based Services market analysis: current market description
title_sort challenges of location-based services market analysis: current market description
topic Location-Based Services (LBS); market report; business analysis
url https://eprints.nottingham.ac.uk/33155/
https://eprints.nottingham.ac.uk/33155/
https://eprints.nottingham.ac.uk/33155/