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South Korean Location-Based Services Market Growing Rapidly

South Korean Location-Based Services Market Growing Rapidly

SEOUL, May 8 (Korea Bizwire) – The location-based services (LBS) market in South Korea is growing at a rapid clip as industry forecasts predict a 70 percent increase in market growth this year. According to an industry report on the LBS market recently published by the Korea Internet Security Agency (KISA), demand has been growing for [...]

Government to Boost Spatial Information Industry by Linking Angel Investors

Government to Boost Spatial Information Industry by Linking Angel Investors

SEOUL, Aug. 12 (Korea Bizwire) — In order to support technology start-ups and entrepreneurs who plan to build start-ups related to the spatial information industry, the South Korea government plans to tie them with angel investors. The Ministry of Land, Infrastructure and Transport will hold the first “Spatial Information Angel Investment Inducement, Education & Mentoring” event [...]

Third Generation of LBS to Capitalize on Location Based Advertising, Says ABI Research

Third Generation of LBS to Capitalize on Location Based Advertising, Says ABI Research

LONDON, June 23, 2014 (Korea Bizwire)–The LBS market continues to grow strongly and with the arrival of  always-on ubiquitous location, ABI Research believes that the market is  ready to truly support location based advertising efforts. In Western  Markets, a third generation of location based services is now underway.  It has forecast retail/shopping, ambient intelligence, hyperlocal [...]