TechNavios analysts forecast the LBS market in China to grow at a CAGR of 57.9 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing use of LBS in mobile devises. The LBS market in China has also been witnessing an increasing number of mergers and acquisitions. However, the lack of reliability and accuracy of information could pose a challenge to the growth of this market.
TechNavios report, the Location-based Services Market in China 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the market landscape in China and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Digu.com, Jiepang Api, Kaikai.com, and Qieke.com.
Other vendors mentioned in the report are VLD, Sifang, Bafang, Autonavi, Naviinfo, Telenav, PDAger Technology, Guantu, and Tiros Technology.
Key questions answered in this report:
What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
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