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Home » Maximising Wireless Profit Program » 2004 » Extracting Higher Value from the Consumer Contract Segment » Location-Based Services for the Consumer MarketAugust 2004 (0 pages)Location-Based Services have traditionally been over-hyped by industry analysts. As recently as 2001, the consensus among analysts was that LBS would become an €80 billion market by 2007. Today, the consensus is that the LBS market will struggle to cross the €10 billion threshold by then. Nevertheless, confidence is beginning to grow and wireless operators are finally taking steps to develop this market and optimise the revenue opportunity. In this report we examine the applications that are relevant to the consumer, such as information, entertainment, security/assistance and commerce. We profile the solutions currently being developed and promoted by operators and discuss the relative success enjoyed by such services to date. Enterprise applications are covered in a separate report Location-Based services for the Business Market (July 2004). We examine the technological choices currently available to wireless operators seeking to implement LBS. We identify the solutions best suited to different applications, outlining their respective strengths and weaknesses. Moving beyond the technology, we also explore the underlying LBS market value chain and explain the roles carried out by the various participants within this chain. We identify the players operators must partner with when seeking to deliver a broad range of LBS services, with different levels of accuracy, reliability, convenience and cost, reflecting different applications and customer needs. The report also details the steps operators will need to take and the barriers they must overcome before they can fully address the large potential market opportunity offered by LBS. Price: EUR 2,500.00 / GBP 2,000.00 if you would like learn more about this report, or our other work in this topic area and how to subscribe, please contact us
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