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Frost & Sullivan: Proliferation of GPS-enabled Smartphones Spurs Growth of Global Location-based Applications Market

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Frost & Sullivan: Proliferation of GPS-Frost & Sullivan: Proliferation of GPS- enabled Smartphones Spurs Growth of Global Location-based Applications Market PR Newswire LONDON, Dec. 12, 2013 - Market participants should focus on rolling out indoor location- based and augmented reality applications to widen market potential The global market for location-based applications is poised for rapid growth, as the mass adoption of global positioning system (GPS)-enabled smartphones is encouraging developers to introduce numerous advanced applications. New analysis from Frost & Sullivan (http://www.wireless.frost.com), Moving in Smart Spaces, finds that indoor connectivity, augmented reality, big data and wearable devices are the key technology trends likely to fuel the uptake of location-based applications. Location-based technology and data can then be combined to facilitate the development of smart spaces in every city and community. "Location-based application developers have so far focused on the development of outdoor applications due to the adoption of GPS positioning in smartphones," noted Frost & Sullivan Information & Communication Technologies Research Analyst Shuba Ramkumar. "However, as individuals spend more time indoors, there is a need to roll out indoor location-based applications that capitalise on various functionalities such as mapping, navigation and geo-fencing.

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Published 12 December 2013
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Language English
Frost & Sullivan: Proliferation of GPS-enabled Smartphones Spurs Growth of Global Location-based Applications Market

PR Newswire

- Market participants should focus on rolling out indoor location-based and augmented reality applications to widen market potential

The global market for location-based applications is poised for rapid growth, as the mass adoption of global positioning system (GPS)-enabled smartphones is encouraging developers to introduce numerous advanced applications.