Loopt is a new location-based social mapping service that installs directly on your mobile phone. Using the service, you can share your location and send messages and photos with your friends. You can also see who's close. Giz describes, "Loopt automatically updates the location of everyone in a private network and displays that information directly on a map on the phone. It even sends an alert when a friend in the network is near, putting an end to missed connections in the mall, at the movies or around town."
Why This Trend Is Growing
- Location-based Social Mapping
- Opportunity for businesses to develop innovative location-based social mapping platforms.
- Mobile Social Networks
- Disruptive innovation opportunity for startups to create mobile-focused social networking apps.
- Real-time Location Sharing
- Potential for companies to offer real-time location sharing features for enhanced social connections.
Industries Being Reshaped
- Social Networking
- Opportunity for social networking platforms to incorporate location-based features for enhanced user experiences.
- Mobile Applications
- Disruptive innovation opportunity for mobile app developers to create location-based social mapping tools.
- Location Services
- Potential for location service providers to offer advanced real-time location sharing capabilities.
