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TMCNet:  Mobile Location-Based Services - 7th Edition: Location-Based Service Revenues in Europe to Reach 825 Million By 2017

[February 15, 2013]

Mobile Location-Based Services - 7th Edition: Location-Based Service Revenues in Europe to Reach 825 Million By 2017

Feb 15, 2013 (M2 PRESSWIRE via COMTEX) -- Research and Markets (http://www.researchandmarkets.com/research/6jktmm/mobile) has announced the addition of Berg Insight AB's new report "Mobile Location-Based Services - 7th Edition" to their offering.

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 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. Berg Insight estimates that 40 percent of all mobile subscribers in Europe use some kind of location-enhanced application on a regular basis. In North America, the larger installed base of GPS-enabled handsets and smartphones has enabled higher uptake of LBS. Berg Insight estimates that about 50 percent of all mobile subscribers in the region now access LBS at least monthly. Local search, social networking and navigation services are the top application categories in terms of number of active users. Mobile workforce management services that aim to improve operational efficiency for businesses are also gaining traction in new industry segments. Smartphones is the most important enabler for LBS adoption in general. The installed base of smartphones in Europe has now reached 45 percent of total handsets and already surpassed 55 percent in North America, said Andr Malm, Senior Analyst, Berg Insight. He adds that besides differences in smartphone adoption, there are other regional differences. Mobile operators still play a more central role in North America than in Europe, marketing branded services to both consumer and enterprise customers. However, the operators' central role in the LBS ecosystem is now being challenged by the smartphone ecosystems that bundle key LBS and give developers access to location data and distribution channels in the form of on-device app stores. Mobile operators are therefore showing renewed interest in offering network-based bulk location data for advertising and analytics, as well as new services like secure authentication and fraud management.

Companies Mentioned - Apple - RIM - Microsoft - Nokia - Android - 3 Group - Deutsche Telekom Group - KPN Group - Orange Group - SFR - Telef nica Group - Telenor Group - TeliaSonera Group - Vodafone Group - AT&T Mobility - Bell Mobility - MetroPCS - Rogers Wireless - Sprint Nextel - TELUS - T-Mobile USA - US Cellular - Verizon Wireless - Deveryware - Locaid - Location Labs - Lociloci For more information visit http://www.researchandmarkets.com/research/6jktmm/mobile Source: Berg Insight AB CONTACT: Research and Markets, Laura Wood, Senior Manager.

press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Location Based Services (http://www.researchandmarkets.com/categories.asp cat_id=216&campaign_id=6jktmm) ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

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