LBS Market in APAC 2014-2018: Report Available Online by MarketResearchReports.Biz

Albany, NY -- (SBWIRE) -- 09/22/2014 -- The LBS market in APAC region to grow at a CAGR of 32.98 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing adoption of location-enabled devices in China and Southeast Asian countries. The LBS market in the APAC region has also been witnessing the increasing demand for free LBS applications. However, the lack of knowledge about LBS among users could pose a challenge to the growth of this market.