Location-based Service market in North America to grow at a CAGR of 24.48 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing adoption of location-enabled smartphones and tablets. The market has also been witnessing an increasing use of location-based services across industries. However, increasing concern for data privacy could pose a challenge to the growth of this market.
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Location-based Service Market in North America 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Location-based Service market in the North American landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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The key vendors dominating this space include Foursquare Labs Inc., Navteq Corp., TeleNav Inc., and TomTom NV.
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