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North America Location Based Services (LBS) Market is Expected to Reach $13.10 Billion in 2019 - New Report by MicroMarket Monitor
Date:7/22/2014

technology develops, along with private organizations, governments in the Asia-Pacific region have adopted location-based services. Due to this there is a strong growth in the LBS market. The government needs to expand their supply chain management system for which they are highly dependent on these services.

Most of the organizations in this region have their customers and clients in other regions; hence, tracking their location benefits these organizations.
The Asia-Pacific location-based services market is estimated to grow from $1.55 billion in 2014 to $11.10 billion by 2019, at an expected CAGR of 48.20% for this period.

http://www.micromarketmonitor.com/market/asia-pacific-location-based-services-lbs-6920214665.html

Latin America Location Based Services (LBS) Market
Companies in Latin American regions offer customers with more opportunities for cost reduction through various benefits and deals based on location-based services. This drives the market and indicates a promising future. Enterprises use location-based services to increase their advertising impact and to improve customer satisfaction.

The Latin American location-based services market is estimated to grow from $845.50 million in 2014 to $4,065.20 million by 2019, at an expected CAGR of 36.90% for this period.


Source: PRWeb
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