Mobile Location-Based Services in our mobile age.
LBS-enabled mobile devices such as smartphones, tablets, and wearable
devices are at the center of excitements with drivers like increased adoption
of GPS-enabled devices; influence of LBS on Social Networking.
Privacy Concerns remain the critical challenges when it comes to LBA, the
newest form of mobile advertising that uses LBS (Location-Based Services) technology
and targets users based on their current location.
According to Technavio the global mobile location-based services market is expected to grow at a CAGR of over 36% from 2015-2019.
Key Vendors include: Facebook Inc.; Foursquare Inc.; Google Inc.; Groupon
Inc. ; HERE and TomTom NV.