The global market for location-based applications is poised for rapid growth, as the mass adoption of global positioning system-enabled smartphones is encouraging developers to introduce numerous advanced applications, according to Frost & Sullivan.
The firm’s report, “Moving in Smart Spaces,” finds that indoor connectivity, augmented reality, big data and wearable devices are the key technology trends likely to fuel the uptake of location-based applications. Location-based technology and data can then be combined to facilitate the development of smart spaces in every city and community.
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