What is the market size for the ?

. <a href='https://www.technavio.com/report/saudi-arabia-machine-machine-m2m-and-connected-devices-lbs-market'>Read More</a>

What is the CAGR for the ?

. <a href='https://www.technavio.com/report/saudi-arabia-machine-machine-m2m-and-connected-devices-lbs-market'>Read More</a>

What is the growth rate of the market?

. <a href='https://www.technavio.com/report/saudi-arabia-machine-machine-m2m-and-connected-devices-lbs-market'>Read More</a>

Which region held the largest market share in the market?

. <a href='https://www.technavio.com/report/saudi-arabia-machine-machine-m2m-and-connected-devices-lbs-market'>Read More</a>

Who are the prominent players in the market?

. <a href='https://www.technavio.com/report/saudi-arabia-machine-machine-m2m-and-connected-devices-lbs-market'>Read More</a>

LBS Market in GCC 2016-2020

Q: What is the market size for the ?

. <a href='https://www.technavio.com/report/saudi-arabia-machine-machine-m2m-and-connected-devices-lbs-market'>Read More</a>

Q: What is the CAGR for the ?

. <a href='https://www.technavio.com/report/saudi-arabia-machine-machine-m2m-and-connected-devices-lbs-market'>Read More</a>

Q: What is the growth rate of the market?

. <a href='https://www.technavio.com/report/saudi-arabia-machine-machine-m2m-and-connected-devices-lbs-market'>Read More</a>

Q: Which region held the largest market share in the market?

. <a href='https://www.technavio.com/report/saudi-arabia-machine-machine-m2m-and-connected-devices-lbs-market'>Read More</a>

Q: Who are the prominent players in the market?

. <a href='https://www.technavio.com/report/saudi-arabia-machine-machine-m2m-and-connected-devices-lbs-market'>Read More</a>

Published: Feb 2016
Pages: 58
SKU: IRTNTR8443

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Outlook of the LBS market in GCC

Technavio’s market research analyst predicts the location-based services (LBS) market in GCC to grow at a profound CAGR of about 33% during the forecast period. The augmented demand for internet-enabled devices in GCC will positively affect the market for LBS during the predicted period. With the increasing usage of LBS for mobile advertising, it is anticipated that the market for LBS in GCC will experience rapid growth until the end of 2020.

Recently, it has been observed that many SMEs use location information of consumers to provide targeted advertisements to consumers inside or outside malls and airports. This helps consumers to avail attractive offers and discounts while they visit the stores of competitors. The ability of LBS to bolster the sale of products by providing targeted advertisements to consumers will result in this market’s rapid growth during the forecast period.