Frost & Sullivan, the well-known market research firm, has featured Naviblog in its latest report on the LBS market. Released two weeks ago, the report entitled "Asia Pacific Location-based Services Markets" focuses on the tremendous growth seen by the LBS market, first in the advanced LBS markets of Japan and South Korea, but also in other up-and-coming LBS markets such as China, Hong Kong, Singapore, and India among others.
According to the report, Japan and South Korea have seen a CAGR of 15 and 25% during 2006 alone, but are lagging behind smaller but more high-growth markets such as Hong Kong and Singapore which saw a staggering CAGR of nearly 30% over the same period. This confirms our belief that the potential for branded LBS services is about to break within Asia-Pacific markets and beyond to Europe and the US. For more details, and a breakdown of the report, see here.
About Frost & Sullivan
Frost & Sullivan, founded in 1961, has 26 global offices with more than 1500 industry consultants, market research analysts, technology analysts and economists. It is the world leader in growth consulting and the integrated areas of technology research, market research, economic research, corporate best practices, training, customer research, competitive intelligence and corporate strategy.
www.frost.com
About Naviblog Corporation
Naviblog (CEO: Mandali Khalesi) is a Tokyo-based mobile marketing firm that provides branded marketing solutions to consumer brands, digital advertising agencies, and mobile operators worldwide. It is a Red Herring 100 company, with its award-winning Naviblog mobile search platform.
www.naviblog.jp
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