Mobile Positioning System Market: Surge In Terrorist Activities & Heavy Security Demands To Augment Growth

22-Aug-2018 | Zion Market Research

Mobile positioning system integrates the mobile functions with that of wireless technologies such as Bluetooth, Satellite, and Wi-Fi. It can find applications across wide range of consumer services such as location search, navigation, social media, advertising, and mapping. The mobile location-based services can find applications in emergency-call positioning as well as road-traffic management. Furthermore, these services can explore new avenues across location-based advertising sector.

Rising need for a flexible positioning tool that can proficiently handle the consumer demand for effective 2G, 3G, and 4G networks is likely to stimulate the growth of mobile positioning system market. Reportedly, mobile positioning systems find prominent applications in LTE, GSM, and WCDMA networks.

Mobile positioning system offers flexible business model and protects the network from both overload as well as abuse. Experts claim that the users can utilize the system resources & applications at reasonable costs. The system has the ability to serve myriad mobile networks concurrently.

High security needs and acceptance of modern vehicle transport across the developed economies are predicted to be the major factors driving mobile positioning system market development. In addition to this, mounting government concerns over public safety, subject to surge in terrorist activities and crimes is likely to propel the mobile positioning system industry size over the years to come.

However, the rising costs of installing the systems can pose a challenge to the market growth. Nevertheless, the extensive use of the systems in commercial automobiles, including buses, trucks, light commercial vehicles, and trailers, will spur the growth of mobile positioning system market revenue in the near future.

Mobile positioning system finds fecund applications in the vehicle tracking, owing to its ability to provide information pertaining to mileage, vehicle speed, and fuel usage. These systems provide real-time information to the users, which can help them supervise conformity to work-time regulations and provide the users with assistance regarding the confirmation of the data delivery.

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