While first generation LBS services have largely been commoditized or shifted to advertising models, the imminent arrival of indoor location, BLE tags, and wearables will enable next generation services around ambient intelligence and consumer asset tracking.
In the latest edition of ABI Research’s quarterly Market Data, “Location Enabled Services”, these new markets are forecast by each major region. Senior analyst, Patrick Connolly commented, “While these are very different markets, the common denominator is the availability of these new technologies and devices. Ambient intelligence, or the quantified self, is the first service that will truly change how people live their lives, while also enabling intuitive advertising and services. Local search will be unrecognizable from today’s model, as intelligent algorithms tell users what is of interest nearby, based on location, time of day and previous patterns. ABI Research has forecast that over 1 billion Ambient Intelligence services will be downloaded by 2019.”
VP and Practice director, Dominique Bonte added, “We expect to see an explosion of low cost BLE personal asset tracking tags coming to market in 2014. In 2019, over 25 million personal tracking applications will be downloaded, with much higher tag shipments. To illustrate the point, luggage companies are already in advanced discussions to integrate BLE.”
These findings are part of ABI Research’s Location Based Services Research Service.
ABI Research provides in-depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies. From offices in North America, Europe and Asia, ABI Research’s worldwide team of experts advises thousands of decision makers through 70+ research and advisory services. Est. 1990. For more information visit www.abiresearch.com, or call +1.516.624.2500.