It’s the latest — and it’s growing. The number of places served by indoor Location Based Search providers is increasing at a rapid pace and is expected to grow to 45 percent of the market by 2018.
As a result — of course — competition is heating up. Major players in the U.S. market currently include Google, Point Inside, Micello, FastMall, and HERE, who together currently cover more than 25,000 venues in the US.
As the demand for indoor LBS is increasing, and more business organizations are adopting indoor LBS, the number of venues in the US is expected to increase to almost 200,000 by 2016. Thus, the increasing availability of indoor venue maps is an emerging trend that could fuel the growth of the market during the forecast period.
Posted in Announcements, LBS, Marketing Strategy, Mobile Advertising, Mobile Devices, Mobile Location, Mobile Marketing, Mobile Search, News, Platforms, Predictions, Smartphones, Technology
The LBS market continues to “grow strongly” according to the latest industry reports, and with the arrival of always-on ubiquitous location, ABI Research believes that the market is ready to truly support location based advertising efforts.
In Western Markets, a third generation of location based services is now underway. It has forecast retail/shopping, ambient intelligence, hyperlocal social and personal asset tracking/BLE beacon applications to emerge as the next wave of important location based services over the next 5 years, with ABI Research forecasting a four-fold increase in revenues by 2019.
Posted in LBS, Marketing Strategy, Mobile Advertising, Mobile Devices, News, Platforms, Predictions, Technology
TechNavio, an independent tech-focused research firm, revealed in its newest report that the popularity of mobile devices and media is spurring major growth in the Location-Based Search and Advertising Market in the U.S.
When it comes to this fast-growing market, TechNavio is now projecting a healthy CAGR of 43.01 percent from 2013-2018.
Location-based services (LBS) use location, determined by a user’s mobile device, to search for and promote products and services near the user.
Posted in Announcements, LBS, Marketing Strategy, Mobile Advertising, Mobile Devices, Mobile Location, News, Platforms, Predictions, Technology
According to ABI Research, there’s a good reason why Apple, eBay, Google, and others are all making definite moves on indoor location in 2013.
For starters, we’re looking at a $4 billion plus market by 2018.
ABI Research’s quarterly Location Technologies Market Data measures the uptake of indoor location technologies, mapping and new companies entering the space.
Posted in Announcements, LBS, Marketing Strategy, Mobile Advertising, Mobile Advertising Campaigns, Mobile Devices, Mobile Marketing, News, Platforms, Resources, Smartphones, Tablet Devices, Technology, Topics
Next Tuesday, Locaid – the world’s largest LaaS (Location-as-a-Service) company – will present a special webinar expected to deliver an abundance of insight into the potential of location-based mobile marketing.
On October 22nd, at 11:00 a.m. PST, Locaid will lead a thought-provoking discussion about the strategies and best practices associated with optimizing location-based mobile marketing to earn more and accelerate business growth.
The anticipated topics for discussion include the evolution of location-based marketing, the importance of an integrated mobile strategy, why leveraging location should be a primary targeting strategy, the best practices to optimize location-based marketing, how and when to leverage geofences to deliver results, and the importance of location + analytics.
Posted in Announcements, Geofencing, LBS, Marketing Strategy, Mobile Devices, Mobile Location, Mobile Marketing, News, Platforms, Resources, Smartphones, Technology
Best Western is turning to location-based mobile advertising in hopes of inspiring travelers to book their hotel stays while passing through airports and driving past rival hotels.
According to Mobile Commerce Daily, the hotel brand is running a campaign in Washington state for now.
With the help of PayPal Media Network, the Best Western campaign encourages consumers to book their hotel stay directly from their mobile device.
“According to Best Western, the booking window for reservations is no longer weeks in advance,” explains Sarah Hodkinson, director of marketing and sales strategy at PayPal Media Network.
Posted in Announcements, LBS, Marketing Strategy, Mobile Advertising, Mobile Advertising Campaigns, Mobile Devices, Mobile Location, Mobile Marketing, Mobile Networks, News, Platforms, Resources, Smartphones, Tablet Devices, Technology
On Thursday, Verve Mobile published a new “State of the Market: Location Powered Mobile Advertising” report.
In it, the well-respected force in location-based mobile advertising indicated that the health of location-based mobile advertising is strong.
“Location Powered Mobile Advertising: The Impact on the Quick Service and Casual Dining Category” explores how location targeting is exploding within the modern booming business of mobile advertising.
Posted in Announcements, LBS, Marketing Strategy, Mobile Advertising, Mobile Analytics, Mobile Devices, Mobile Location, Mobile Marketing, News, Platforms, Resources, Smartphones, Technology